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2 September 2021 | Geopolitical
This paper explores recent political changes, or “power shifts”, in four of the largest European economies. Over the course of 2021-22, Italy, the Netherlands, Germany and France have hosted or will soon play host to major elections and/or leadership transitions. These countries are all principal architects of continental integration, dating back to the creation of the European Coal and Steel Community in 1952. At times, the four states also reflect conflicting viewpoints in deliberations over political and macroeconomic policy.
25 August 2021 | Financial Stability and Regulatory Compliance
As Canada’s COVID-19 vaccination rates achieve critical thresholds in mid 2021, fundamental changes in fiscal policy are recommended to boost the Canadian economy’s supply side and make governments’ demand-side support more effective.
19 August 2021 | Risk Management Practices
This executive note briefly examines a number of different types of liabilities that may arise for financial institutions, provides illustrative case examples, and offers ideas for effective governance.
9 August 2021 | Sustainable Finance and Climate Risk
On the close of the Tokyo 2020 Olympics, we now turn our attention to another race in which the bell is loudly tolling to say that we have come to the final lap.
31 May 2021 | National Pension Hub Publications
Large Canadian pension funds are known to invest heavily in real assets, which include real estate, infrastructure and land. In this paper, we take the analysis down to the asset level and study how these funds create value and manage risks in the private real estate market.
31 May 2021 | Risk Management Practices
The last decade has witnessed a large-scale adoption of machine learning tools in finance. According to the latest report by Refinitiv, the number of data science teams in financial services firms have risen by more than 260 per cent since 2018 (see Refinitiv 2020).
31 May 2021 | COVID-19
COVID-19 Triggers Great Nonfinancial Risk Crisis: Nonfinancial risk management best practices in Canada Lois Tullo, Executive in Residence, Global Risk Institute Download the full Report - PDF Version INTRODUCTION The spread of viral disease COVID-19 is the most transformative nonfinancial risk (NFR) of this decade. The uniting of strategy and risk management has never been... View Article
11 May 2021 | National Pension Hub Publications
The Canadians’ Preparation for Retirement (CPR) project aims to shed light on the risks that may impact future pension plan adequacy of Canadians in a rapidly changing pension landscape.
6 May 2021 | Risk Management Practices
In this paper, we assess the disruptive transition in geopolitics, from a multilateralist and interconnected world to an emerging paradigm of “Splintered Integration.” In this emerging paradigm, state competition overlays and even pushes back against globalization. Economic interconnectivity remains deep but uneven, with greater restrictions in some domains than in others.
15 April 2021 | Macroeconomic Risk
Examining Canada’s economic experience during the pandemic offers an opportunity to assess the fiscal and monetary policy lessons learned as of early 2021.
