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Diane Urquhart
Diane Urquhart is a Canadian independent financial analyst and former senior securities industry executive. She is a major critic of the financial system in Canada, a member of the Small Investor Protection Association, and president of the Social Planning Council of Ottawa. Early life Urquhart earned a Bachelor of Arts in economics and mathematics from McMaster University and a Master of Arts in econometrics and monetary economics from University of Toronto. She passed the Partners, Directors and Senior Officers and Registered Representative Examinations for the Canadian Securities Institute, and the Section 16 Supervisory Analyst Examination for the New York Stock Exchange. Career Urquhart started her career as a Bay Street research analyst. ABCP In 2008, Urquhart advised the Canadian law firm Juroviesky and Ricci LLP in a case representing 1,800 retail investors that alleged they were defrauded, resulting in "significant financial hardship," by the non-bank asset-ba ...
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McMaster University
McMaster University (McMaster or Mac) is a public research university in Hamilton, Ontario, Canada. The main McMaster campus is on of land near the residential neighbourhoods of Ainslie Wood and Westdale, adjacent to the Royal Botanical Gardens. It operates six academic faculties: the DeGroote School of Business, Engineering, Health Sciences, Humanities, Social Science, and Science. It is a member of the U15, a group of research-intensive universities in Canada. The university bears the name of William McMaster, a prominent Canadian senator and banker who bequeathed C$900,000 to its founding. It was incorporated under the terms of an act of the Legislative Assembly of Ontario in 1887, merging the Toronto Baptist College with Woodstock College. It opened in Toronto in 1890. Inadequate facilities and the gift of land in Hamilton prompted its relocation in 1930. The Baptist Convention of Ontario and Quebec controlled the university until it became a privately chartered, pu ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Parliament Hill
Parliament Hill (french: Colline du Parlement, colloquially known as The Hill, is an area of Crown land on the southern banks of the Ottawa River in downtown Ottawa, Ontario, Canada. Its Gothic revival suite of buildings, and their architectural elements of national symbolic importance, is the home of the Parliament of Canada. Parliament Hill attracts approximately three million visitors each year. Law enforcement on Parliament Hill and in the parliamentary precinct is the responsibility of the Parliamentary Protective Service (PPS). Originally the site of a military base in the 18th and early 19th centuries, development of the area into a governmental precinct began in 1859, after Queen Victoria chose Ottawa as the Capital city, capital of the Province of Canada. Following several extensions to the parliament and departmental buildings and a fire in 1916 that destroyed the Centre Block, Parliament Hill took on its present form with the completion of the Peace Tower in 1927. S ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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Employee Benefit
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an endeavo ...
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Disabled
Disability is the experience of any condition that makes it more difficult for a person to do certain activities or have equitable access within a given society. Disabilities may be cognitive, developmental, intellectual, mental, physical, sensory, or a combination of multiple factors. Disabilities can be present from birth or can be acquired during a person's lifetime. Historically, disabilities have only been recognized based on a narrow set of criteria—however, disabilities are not binary and can be present in unique characteristics depending on the individual. A disability may be readily visible, or invisible in nature. The United Nations Convention on the Rights of Persons with Disabilities defines disability as: Disabilities have been perceived differently throughout history, through a variety of different theoretical lenses. There are two main models that attempt to explain disability in our society: the medical model and the social model. The medical model serves as ...
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Pensioner
A pensioner is a person who receives a pension, most commonly because of retirement from the workforce. This is a term typically used in the United Kingdom (along with OAP, initialism of old-age pensioner), Ireland and Australia where someone of pensionable age may also be referred to as an 'old age pensioner'. In the United States, the term retiree is more common, and in New Zealand, the term superannuitant is commonly used. In many countries, increasing life expectancy has led to an expansion of the numbers of pensioners, and they are a growing political force. Political parties * 50Plus in the Netherlands * Dor, the Israeli Pensioners' Party * National Party of Retirees and Pensioners in Poland * Party of United Pensioners of Serbia * Pensioners' Party * Norwegian Pensioners Party * Scottish Senior Citizens Unity Party * Swedish Senior Citizen Interest Party Other uses * In the University of Cambridge, a pensioner is a student who is not a scholar or sizar and who pays for ...
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Layoff
A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing (reducing the size of) an organization. Originally, ''layoff'' referred exclusively to a temporary interruption in work, or employment but this has evolved to a permanent elimination of a position in both British and US English, requiring the addition of "temporary" to specify the original meaning of the word. A layoff is not to be confused with wrongful termination. ''Laid off workers'' or ''displaced workers'' are workers who have lost or left their jobs because their employer has closed or moved, there was insufficient work for them to do, or their position or shift was abolished (Borbely, 2011). Downsizing in a company is defined to involve the reduction of employees in a workforce. Downsizing in companies became a popular practice in the 1980s and ...
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Federal Office Of The Superintendent Of Financial Institutions
The Office of the Superintendent of Financial Institutions (OSFI; french: Bureau du surintendant des institutions financières, BSIF) is an independent agency of the Government of Canada reporting to the Minister of Finance created "to contribute to public confidence in the Canadian financial system". It is the sole regulator of banks, and the primary regulator of insurance companies, trust companies, loan companies and pension plans in Canada. The current Superintendent is Peter Routledge, who was appointed in June 2021. He replaced Jeremy Rudin, who retired. The term of the appointment is seven years. Mandate The Office of the Superintendent of Financial Institutions (OSFI) was created to contribute to public confidence in the Canadian financial system. OSFI's mandate is to protect depositors, policyholders, financial institution creditors and pension plan members, while allowing financial institutions to compete and take reasonable risks. Specifically OSFI achieves this th ...
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Dominion Bond Rating Services
Morningstar DBRS is a global credit rating agency with offices in Toronto, New York, Chicago, London, Frankfurt and Madrid. Morningstar DBRS provides independent credit rating services for financial institutions, corporate and sovereign entities and structured finance products and instruments. It was originally founded as Dominion Bond Rating Service in Toronto in 1976, and its operations were integrated with Morningstar Credit Ratings to form Morningstar DBRS after its acquisition by the global financial services firm Morningstar, Inc. in 2019. It is the largest rating agency in Canada. Morningstar DBRS is the fourth-largest credit rating agency by global market share, with between 2% and 3% of global market share. The company is one of only four CRAs, including Standard & Poor's, Moody's Investors Service, and Fitch Ratings, to be recognized as an external credit assessment institution by the European Central Bank (ECB). In recent years, Morningstar DBRS' sovereign ratings on Eu ...
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Advisor's Edge
''Advisor's Edge'' is a Canadian magazine for client-facing financial advisors that is published by Transcontinental Media. In 2016, ''Advisor's Edge'' published six issues. Advisor.ca is updated each business day. History and profile ''Advisor's Edge'' was founded in June 1998 by Maclean Hunter Publishing, which was part of Rogers Media, a subsidiary of Rogers Communications Inc. In September 2016, Rogers Media announced it was divesting all its business-to-business publications. On December 1, 2016, ''Advisor's Edge'' was acquired by Transcontinental Media. The readership of ''Advisor's Edge'' includes more than 33,500 client-facing investment and financial advisors. ''Conseiller'', sister magazine of ''Advisor's Edge'', reaches francophone financial advisors in Quebec. ''Conseiller'' was started in 2000. Awards ''Advisor's Edge'' has won the following recent awards: * Chartered Financial Analyst The Chartered Financial Analyst (CFA) program is a postgraduate professi ...
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Yukon News
''Yukon News'' is one of two newspapers published in Whitehorse, Yukon in Canada. It was founded in 1960, as a weekly until the late 1970s. It currently prints two times a week. Its Monday edition is online-only. The ''Yukon News'' has been the recipient of several national and regional awards for its reporting, photography, design A design is a plan or specification for the construction of an object or system or for the implementation of an activity or process or the result of that plan or specification in the form of a prototype, product, or process. The verb ''to design' ..., and layout. The paper was originally printed in broadsheet format, but switched to tabloid format during the 1980s. The ''Yukon News'' was bought in August 2013 by BlackPress. Its previous owner was Stephen Robertson. Gabrielle Plonka is the paper's editor. References External links ''Yukon News'' Newspapers published in Yukon Weekly newspapers published in Canada Mass media in Whitehorse Publ ...
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