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Since 2016, there has been a steady increase in geopolitical risk at the system level due to the competition between
Falling off a savings cliff?
Excess savings compared to consumption in Europe and the US are still substantial, with the highest levels in the UK
40 Black-Owned Canadian Businesses You Can Support All Year Round
When you spend money, you are casting a vote for the type of world you want to see. So why
Granting credit has never been this difficult
RIAC member Elevate has found it hard to grant credit – find out why here: https://www.elevateglobalinsurance.ca/post/granting-credit-has-never-been-this-difficult this year, learn more
Global Export Forecast: Trade growth slows sharply
While global trade grew sharply in the early months of 2022, it has started to slow sharply. Find out why
Tracking Canada’s economic recovery from COVID-19
EDC’s Canadian Economic Recovery Tracker highlights key trends in Canada’s economic performance. In these challenging times, Export Development Canada (EDC)
Australia: companies anxious amid cascade of troubles
High levels of unpaid debt prompt stronger credit controls among Australian businesses as they battle it out for survival in
The less visible victims of the war
Energy, agriculture supply disruptions threaten stability of developing markets Much of the talk about the global outlook these days is
Frying pan to fire: Will inflation spark a wage-price spiral in 2022?
Executive Summary Record-high inflation in advanced economies is turning up the heat on central banks. With average wages set to
Economic outlook: Don’t look up!
EXECUTIVE SUMMARY Global growth should remain robust but uneven, with rising divergence between advanced and emerging market economies. We expect omicron-related
Trade confidence powers on
Challenges aside, Canadian exporters hold bright view of 2022 t’s nice to wind down 2021 with a bit of good
COVID-19: Some industries still submerged
Growth may be testing capacity limits, but not for all. By now, we should be over this. COVID-19 shipwrecked the
Closing the Gender Gap in Financial Health
November 19th, 2021 / By Shelly Redwood Gender roles have significantly changed in the last 50-60 years. Once, women were expected
Growing through global value chains
For many women-owned and -led enterprises in Canada, entering global value chains can be the catalyst for major growth and
Cowan Insurance Group | Managing Risk. Propelling Growth
Cowan Insurance Group is a prominent independent Canadian insurance brokerage and consulting operation providing insurance and risk management to
BAROMETER Q3 2021: SUPPLY CHAIN AND INFLATION HEADWINDS HAMPER THE GLOBAL RECOVERY
More than 18 months after the global recession triggered by the COVID-19 pandemic started, the economic recovery continues. This trend
If supply chains are a mess, why is global trade booming?
Gloomy economic headlines make for mixed messages Scan the headlines and you could be forgiven for thinking that global trade
The robots are coming!
Mechanization is an answer to a lot of the economy’s structural puzzles Humanoid robots are only a year away. So,
IS THE ELECTRIC VEHICLE METALS BOOM SUSTAINABLE?
The metals used in electric vehicles, such as lithium, cobalt and copper, are at the heart of the revolution currently
Price pressures in a post-pandemic world
Is inflation getting out of control? Price pressures seem to be everywhere these days. The pandemic lulled us into a
Country Report Germany – May 2021
German industries performance: metals and steel up one notch, but still elevated credit risk for many automotive and machines businesses.
Is my business ready to export?
Ensure that these three pillars of your business can support its international growth Canada is a relatively small market and
European households: the double dividend of excess savings
In 2021, the glut of excess savings could generate a double dividend for the Eurozone: first, a consumption boom of EUR170bn, or 1.5%
Country Report Morocco – April 2021
The economy is forecast to grow about 5% this year. The scope of recovery in Europe as Morocco’s main export
Race to the post Covid-19 recovery: 7 obstacles to overcome
The global recovery is on the right track albeit conditional on key differentiating elements across countries. Global GDP is expected to
Show me the money: debunking a couple of myths about excess liquidity
The reflation trade that has engulfed capital markets is largely based on the idea that a lot of money has
Vehicle demand is hot
Supply chain disruptions major headache for auto producers It shouldn’t be this way. A pandemic-obsessed public, uncertain about the economy’s
Doing business in Turkey
With a population exceeding 83 million and an economy ranked in the world’s Top 20, Turkey is rapidly emerging as
The not so merry adventures of the Robin Hood generation in financial markets
The recent US equity market rally, which saw some stock prices multiplied by 10x to 15x within a week, highlights
COVID-19 impacts vary across countries
If it’s darkest before dawn, then in much of the world, the first few months of 2021 are likely to
Plunging infections: Success, or just another wave?
New coronavirus infections are plunging globally. This hasn’t happened yet in this yearlong odyssey, except for brief moments. Currently, the
Country Report USA 2021
8th February 2021 A robust economic rebound expected in 2021, but major downside risks remain Political situation Policy uncertainty has
U.S. housing market: Sign of global revival?
In the world of economic adjectives, “hot” has had a very lonely year. In frustration, we’ve also ditched standard leading
Global outlook: Hope deferred
It wasn’t supposed to be this way. 2020 began on an optimistic note with the promise that a fresh start
Commercial landlords and tenants need to work together
As the economy reopens, the use of commercial buildings and spaces face change Commercial landlords and their tenants will need
Aon reports Canadian employers explore new ways to deliver better retirement outcomes to employees
Aon reports Canadian employers explore new ways to deliver better retirement outcomes to employees Report shows many employers appear to
How Canadian businesses can ride China’s economic wave
The remarkable growth of China’s economy and emergence of a burgeoning middle-income class over the last two decades has presented
Latin America: one of the worst affected by Covid-19
Heavy dependence on informal labour markets and tourism exacerbates the Covid-19 shock Of all emerging market regions, Latin America and
Rewards & risks of export payment terms
Offering flexible payment terms can give you a competitive edge in your international business, but if you choose the wrong
COVID-19: The surprise of the year
2020 had barely begun when the surprise of the year hit. Typically, December sees the EDC Economics team debating the
Export to multiple markets and protect against risk: FCC Trade Report
FCC Releases its 2020 Trade Rankings Report While many businesses have suffered during the pandemic, the agri-food sector has seen incredible
Canada’s organic sector just keeps growing
According to a recent Export Development Canada report, Canadians will buy about $7 billion worth of organic food in 2020.
Country Report Romania 2020
A rather modest economic rebound expected in 2021 after a marked slowdown Political situation Political uncertainty remains a major issue
Boost your business’ resilience by diversifying your markets
It’s easy to feel hesitant about exporting given the impacts of COVID-19 and the rising tides of economic protectionism. But
Faster and smaller: Ottawa company delivers major efficiency gains
Based in Ottawa’s technology corridor, GaN Systems is an Export Development Canada 2020 Cleantech One-to-Watch. In the 1990s, the creation
To market, to market: Find new customers with Market Finder by Google
As many small- and medium-sized companies found when the pandemic hit, keeping your eggs in one market isn’t all it’s
Country Report Czech Republic 2020
The Czech economy remains highly vulnerable to foreign trade losses Political situation Minority government to remain in place until October
Rising COVID-19 numbers prompt calls to bring back hazard pay for retail workers
Companies offered pay bumps in March and April but stopped in the summer. Calls for the return of hazard pay
COVID-19, recovery, and inflation
Are price hikes lurking around the corner, or are these fears unfounded? Inflation concerns are mounting again. That might seem
COVID-19 and CETA’s third birthday
Does this anniversary bring hope for better outcomes on the other side of the current maelstrom? Hard to believe that
5 steps to manage your operations for the COVID-19 recovery
The COVID-19 crisis has been difficult for entrepreneurs, most of whom have been forced to slow down, or stop entirely, their activities
Aon’s Canadian Insurance Market Report Highlights Industry Challenges and Client Impact in 2020 and Beyond
TORONTO, September 8, 2020 – Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of
Complying with CUSMA: What Canadian exporters, importers need to know
Nearly two years after it was finalized, the Canada-United States-Mexico Agreement (CUSMA) came into force July 1, 2020, replacing the
Country Report Turkey 2020
A major insolvency increase expected, and further lira depreciation would increase pressure on the highly indebted corporate sector Political situation
US: business environment strained by cash flow issues
Pandemic-induced cash flow pressure on US businesses is reflected by widespread deterioration of B2B customer credit risk Introduction The US
A mountain to climb: MEC was struggling before COVID-19. Now the pandemic threatens its survival
In early June, three weeks before MEC’s annual general meeting and hours before scrutineers were set to tally the votes
Even in a pandemic, TCS helps IT company tap into new markets
When the COVID‑19 pandemic forced businesses around the world to temporarily pause much of their operations and send staff to
Up-front payment worries eased for Canadian pottery supplier
If you’ve seen orchids for sale at your local grocery store, there’s a strong possibility the ceramic pots holding the
Managing Property Closures During Covid-19
To contain the spread of COVID-19, governments are encouraging or enforcing social distancing and movement control policies and requiring many
Episode 18: The Evolving Economic Impact of COVID-19
Enjoy our podcast with Ruben Nizard, Coface economist for the North America region provides an economic overview of the impact
Coronavirus: an unwelcome guest at a bad time
The coronavirus outbreak arrives at a time when global growth is already expected to slow and negatively impacts growth and
Engaging with companies to protect the climate and biodiversity
To reach global net-zero goals by 2050, investing solely in companies with low greenhouse gas emissions is insufficient. Investors, such
Strategies for reducing international freight costs
Many Canadian businesses are recognizing opportunities for growth and diversification in global markets. As awareness of the vast potential in
B2B payment practices trends, China 2024
On average, late payments affect just over a third of invoices issued by Chinese companies in B2B trade. Bad debts
More restrictive credit terms and much longer payment delays in Latin America
Late payments remain a significant challenge for businesses across South America. In 2024, 51% of surveyed companies reported experiencing delayed
Breaking or laying bricks? How policymakers will shape the construction recovery
Despite significant challenges, the residential construction sector has shown resilience, and lower interest rates could help revive prices and activity
Q3 Rate Report
Business insurance rates are expected to remain stable throughout the rest of 2024, except for companies located in catastrophe-prone (CAT)
The ebb and flow of the insolvency wave
Overall, we anticipate double-digit growth in bankruptcies across half of the world this year. So far, global business insolvencies have
The Economic Ripple Effect of Cyclones
Tropical cyclones (TCs) rank among the most destructive extreme weather events worldwide, responsible for an average of 43 deaths and
De-Japanification: Economic pivot offers opportunities for Canadian businesses
After nearly a decade of unconventional monetary easing and negative interest rates, Japan is now moving towards policy normalization and
Insolvency Outlook September 2024
In most markets, insolvency rates have either returned to or surpassed pre-pandemic levels. This shift, coupled with a deteriorating economic