Category: Uncategorized

Canada’s $27B Economic Response to COVID-19

The Canadian federal government has released their economic support response plan for helping businesses and Canadians financially through COVID-19. Mentor Works has broken down what this response means for your business and what you can do about it. For additional info about how Canadian businesses can access funding support for COVID-19, please register for our…

As the integration of technology solutions continues to reshape businesses, C-suite collaboration, increasingly, is standard procedure

The research shows that technology investments and business systems changes (both at 49%) are the top collaboration areas for CFOs and CIOs, followed closely by staff technology training (44%) and digital transformation (42%). Finance and tech leaders are also partnering on cybersecurity efforts (39%) for their company. “Technology solutions and processes are now firmly integrated with,…

Export Development Canada prices its fifth Green Bond at CAD$500 million as global interest in climate financing continues to rise

In another contribution to international climate change objectives, Canada’s export credit agency has issued a CAD$500 million Green Bond. The bond will attract capital for green investment and grow Export Development Canada’s (EDC) climate-friendly financing portfolio. “Issuing more than $2 billion in Green Bonds over a half-decade demonstrates EDC’s commitment to supporting green projects and…

Buying a business drives growth, but preparation is key, says new BDC study

Acquiring more than one business increases chances of higher revenue growth by 66%Key Findings:Entrepreneurs who undertake a well-structured acquisition are 94% more likely to become high-growth businesses three years after an acquisition.Entrepreneurs who acquire additional businesses do so to grow, with 41% aiming to increase market share and 24% wanting to add a new business line.Buying a business can drive a company’s growth. Firms that…

59% of Canadian Workers Believe AI and Automation Will Have No Impact on Their Job

Are workers worried they’ll be displaced by robots in the future? Not for the most part, new research from global staffing firm Robert Half shows. Only 16% of workers in Canada are concerned that artificial intelligence (AI) and automation will have a negative impact on their job. One-quarter (25%) believe new technologies will have a positive effect, and…

ADP Canada Adds AI-Enabled HR Foresight to ADP HR Assist(SM)

ADP Canada, the leader in Human Capital Management technologies for Canadian businesses announced that it will be adding new artificial intelligence based technology on its ADP HR AssistSM platform. The technology will deliver insights on employment law issues to its suite of services for Canadian small and mid-sized businesses (SMBs). Through a new partnership with Toronto-based…