Listing of AFP News Articleshttp://www.afponline.org/ArticleRss.ashxFri, 24 May 2013 19:33:33 -0400Fri, 24 May 2013 19:33:33 -0400When Canadian Finance Minister Jim Flaherty appointed Export Development Canada CEO Stephen Poloz as the new Governor of the Bank of Canada last week, it was a signal to treasurers that the Canadian government intends to focus on expanding foreign trade.http://www.afponline.org/mbr/reg/res/reg_news/Corporate_Treasurers_Laud_New_BoC_Governor%E2%80%99s_Vast_Experience.htmlTue, 07 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Corporate_Treasurers_Laud_New_BoC_Governor%E2%80%99s_Vast_Experience.htmlChinese foreign direct investment is relatively modest at this time, but is growing and generally is expected to become even more prevalent. Treasurers will need to adjust accordingly and take a more active role in advising senior management on how to best deploy precious cash resources.http://www.afponline.org/mbr/reg/res/reg_news/What_Your_Chinese_Rivals_are_Planning.htmlTue, 05 Feb 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/What_Your_Chinese_Rivals_are_Planning.htmlOver 60 treasury and finance professionals were in attendance at the International Air Transport Association (IATA) Treasury Conference. The top three topics that airline treasury professionals feel could add more value to their organizations going forward are cash forecasting, working capital management and bank relationship management.http://www.afponline.org/mbr/reg/res/reg_news/Cash_Forecasting_Tips_from_the_Airline_Industry.htmlTue, 01 Jan 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Cash_Forecasting_Tips_from_the_Airline_Industry.htmlIn today's resource-constrained environment, the pressure is on to reduce capex and opex. What is inputted today as a capital investment and an asset may have strong future impact on operational efficiencies and return on investment (ROI) figures....http://www.afponline.org/pub/res/news/Keys_to_Effective_Capex_Management.htmlThu, 27 Dec 2012 00:00:00 -0400http://www.afponline.org/pub/res/news/Keys_to_Effective_Capex_Management.htmlRecent discussions with members of the Corporate Treasurers Council (CTC) and the Society of Canadian Treasurers (SCT) reaffirmed trends observed during the 2011 Strategic Role of Treasury Survey: treasury is growing in importance within the organization, and is transcending its traditional functions.http://www.afponline.org/pub/res/news/Study__Treasury%E2%80%99s_Role_is_Expanding,_Transcending.htmlThu, 20 Dec 2012 00:00:00 -0400http://www.afponline.org/pub/res/news/Study__Treasury%E2%80%99s_Role_is_Expanding,_Transcending.htmlCorporate treasury needs to think about whether the payments products they have in place adequately suit the new business environment, which is becoming flooded with low-value payments.http://www.afponline.org/mbr/reg/res/reg_news/Why_Treasury_Must_Pay_Attention_to_Low-Value_Payments.htmlFri, 07 Dec 2012 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Why_Treasury_Must_Pay_Attention_to_Low-Value_Payments.htmlThe sovereign debt crisis in Europe underscores the need for smart treasury management. Ken Shuyama, CTP, Director of International Treasury for Stanley Black & Decker, Inc., offers his company's perspective.http://www.afponline.org/mbr/reg/res/reg_news/Case_Study__Treasury_Management_Amid_the_Euro_Crisis.htmlWed, 29 Aug 2012 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Case_Study__Treasury_Management_Amid_the_Euro_Crisis.htmlUnpredictable earnings are jeopardizing many once-solid business models. Corporates must make difficult decisions related to their long-term capital investments, deployment of available cash, and the pricing of their products.http://www.afponline.org/mbr/reg/res/reg_news/Best_Practices__Managing_Earnings_Risk.htmlThu, 23 Aug 2012 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Best_Practices__Managing_Earnings_Risk.htmlThe slowdown of demand in China has become a major concern for Canadian commodity companies over the past several weeks, corporates say.http://www.afponline.org/mbr/reg/res/reg_news/China_Syndrome__Canadian_Companies_Feel_the_Heat.htmlMon, 13 Aug 2012 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/China_Syndrome__Canadian_Companies_Feel_the_Heat.htmlU.S. and European companies are hoarding approximately $1.2 trillion—nearly 7 percent of all aggregated sales—in response to the eurozone crisis and other global uncertainties, according to a new working capital survey by Ernst & Young.http://www.afponline.org/pub/res/news/Survey__Companies_Hoarding_$1_2_Trillion%E2%80%947__of_Sales.htmlThu, 31 May 2012 00:00:00 -0400http://www.afponline.org/pub/res/news/Survey__Companies_Hoarding_$1_2_Trillion%E2%80%947__of_Sales.htmlSWIFT has launched the SWIFT Institute, a new initiative to foster research and generate innovation in the financial community.http://www.afponline.org/mbr/res/mbr_news/SWIFT_Institute_Will_Merge_Financial,_Academic_Communities.htmlThu, 26 Apr 2012 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/SWIFT_Institute_Will_Merge_Financial,_Academic_Communities.htmlOver the past several years, the U.S. has lost some ground as Canada’s top trading partner. As a result, Export Development Canada (EDC), Canada’s official export credit agency, is seeing many of its corporate customers looking to diversify their international portfolios, regardless of the risk or cost.http://www.afponline.org/mbr/res/mbr_news/Canadian_Firms_are_Diversifying_International_Portfolios.htmlTue, 24 Apr 2012 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/Canadian_Firms_are_Diversifying_International_Portfolios.htmlFollowing modest growth in fourth quarter 2011, RBC forecasts that the Canadian economy will pick up the pace this year.http://www.afponline.org/mbr/res/mbr_news/RBC__Solid_Growth_in_2012_for_Canadian_Economy.htmlWed, 21 Mar 2012 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/RBC__Solid_Growth_in_2012_for_Canadian_Economy.htmlThe Bank of Canada said Wednesday in its Monetary Policy Report that Canadian inflation is likely to remain low for at least the first half of the New Year. That projection gained more traction Friday as Statistics Canada reported that the inflation rate dropped to 2.3 percent in December.http://www.afponline.org/mbr/res/mbr_news/BoC__Canadian_Inflation_to_Remain_Low.htmlFri, 20 Jan 2012 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/BoC__Canadian_Inflation_to_Remain_Low.htmlSWIFT challenged banks to concentrate less on proprietary products and more on simplified services that are client-oriented in a new white paper released Monday. http://www.afponline.org/pub/res/news/SWIFT_Calls_on_Banks_to_Be_More_Customer_Focused.htmlTue, 10 Jan 2012 00:00:00 -0400http://www.afponline.org/pub/res/news/SWIFT_Calls_on_Banks_to_Be_More_Customer_Focused.htmlCanadian businesses’ attitudes about the economy are turning pessimistic in the New Year, according to a new study by the Bank of Canada.http://www.afponline.org/pub/res/news/BoC__Canadian_Business_Outlook_Turns_Slightly_Negative_in_2012.htmlTue, 10 Jan 2012 00:00:00 -0400http://www.afponline.org/pub/res/news/BoC__Canadian_Business_Outlook_Turns_Slightly_Negative_in_2012.htmlThe week was comprised mostly of two counter-balancing forces fighting for dominance on a hypothetical teeter-totter. Those forces being increased economic growth in the U.S. versus a continuing fear of European crisis and recession.http://www.afponline.org/pub/res/news/This_Week_in_Corporate_Finance___U_S__Growth_vs__European_Fears.htmlMon, 09 Jan 2012 00:00:00 -0400http://www.afponline.org/pub/res/news/This_Week_in_Corporate_Finance___U_S__Growth_vs__European_Fears.htmlA breakup of the euro and a possible double-dip recession have UK CFOs tightening their wallets and shying away from risk, a new study shows.http://www.afponline.org/pub/res/news/Study__UK_CFOs_Highly_Cautious_Headed_into_2012.htmlWed, 04 Jan 2012 00:00:00 -0400http://www.afponline.org/pub/res/news/Study__UK_CFOs_Highly_Cautious_Headed_into_2012.htmlCongratulations to all, as we have survived yet another year of the “Times of Trouble” (see Russia 1598 – 1613). 2011 was a year that started out on a positive note only to suffer through the trials and tribulations of economic, political and even environmental challenges.http://www.afponline.org/pub/res/news/This_Week_in_Corporate_Finance__Continued_Uncertainty_Headed_into_2012.htmlTue, 03 Jan 2012 00:00:00 -0400http://www.afponline.org/pub/res/news/This_Week_in_Corporate_Finance__Continued_Uncertainty_Headed_into_2012.htmlThe markets initially cheered the news of the ECB's injection of 489 billion euro into the European banking system, but that cheer slowly morphed into a bit of gloom as investors became concerned that the intervention indicated greater liquidity problems in the European banking system than had been previously perceived.http://www.afponline.org/pub/res/news/This_Week_in_Corporate_Finance__ECB_Intervention_Causes_Disparate_Reactions.htmlWed, 28 Dec 2011 00:00:00 -0400http://www.afponline.org/pub/res/news/This_Week_in_Corporate_Finance__ECB_Intervention_Causes_Disparate_Reactions.htmlA year that seemed so full of promise deteriorated into the worst since 2008 as black swan events occurred and problems long since ignored finally came to a head.http://www.afponline.org/mbr/res/mbr_news/The_Year_in_Corporate_Finance.htmlWed, 21 Dec 2011 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/The_Year_in_Corporate_Finance.htmlThe American economy, and especially American businesses, are not only doing “okay” but have a bright future, if we do certain things. America still has the ability to innovate, to be entrepreneurial, and to create intellectual capital, all of which are the basis of the founding of this country.http://www.afponline.org/mbr/res/mbr_news/A_Brief_(Positive)_Outlook_for_2012.htmlTue, 20 Dec 2011 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/A_Brief_(Positive)_Outlook_for_2012.htmlAFP interviewed economists and senior executives from banks at last month's Annual Conference. The goal was to hear their perspectives on the year ahead. Their outlook for 2012: cloudy with a chance of a double-dip recession.http://www.afponline.org/mbr/res/mbr_news/With_Some_Exceptions,_Bankers_Mostly_Pessimistic_about_2012.htmlMon, 19 Dec 2011 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/With_Some_Exceptions,_Bankers_Mostly_Pessimistic_about_2012.htmlGiven that Canada has weathered the effects of the financial crisis considerably better than the United States, it’s no surprise that Canadian treasury and finance professionals are more optimistic than their American peers. Even so, many questions loom as we head into 2012.http://www.afponline.org/mbr/res/mbr_news/Canadian_Treasurers_Both_Hopeful_and_Cautious_for_2012.htmlWed, 14 Dec 2011 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/Canadian_Treasurers_Both_Hopeful_and_Cautious_for_2012.htmlAt the end of 2010, with the recovery underway, many corporates held positive—though wary—attitudes about 2011. They had good reason, as a multitude of problems awaited. Going into 2012, many corporates remain hopeful, but have yielded to the fact that tough trials undoubtedly lie ahead.  http://www.afponline.org/mbr/res/mbr_news/Corporates_Look_Ahead_to_Questionable_2012.htmlWed, 14 Dec 2011 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/Corporates_Look_Ahead_to_Questionable_2012.htmlAt the AFP Annual Conference last month, economists and senior executives from Canadian banks shared their thoughts on the coming year.  While they saw positive signs for Canada in the new year, all were relatively uncertain about the global economy as a whole.http://www.afponline.org/mbr/res/mbr_news/Canadian_Bankers_Uncertain_About_2012.htmlWed, 14 Dec 2011 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/Canadian_Bankers_Uncertain_About_2012.htmlWhat a difference a week makes. After heading into a bit of a “doom and gloom” Thanksgiving holiday last week, this week we are all feeling a bit more optimistic about 2012. There were three big news stories this week, including Central Bank intervention, China reducing its reserve requirements, and the U.S. employment report.http://www.afponline.org/mbr/res/mbr_news/This_Week_in_Corporate_Finance__Optimism_for_2012_.htmlMon, 05 Dec 2011 00:00:00 -0400http://www.afponline.org/mbr/res/mbr_news/This_Week_in_Corporate_Finance__Optimism_for_2012_.htmlSpeaking in New York this week at a conference sponsored by the Toronto Financial Services Alliance, Canadian Minister of Finance Jim Flaherty said that Canada’s robust economic and fiscal leadership support increasing business investment in the nation.http://www.afponline.org/pub/res/news/Flaherty_Highlights_Canada%E2%80%99s_Economic___Fiscal_Strengths.htmlThu, 01 Dec 2011 00:00:00 -0400http://www.afponline.org/pub/res/news/Flaherty_Highlights_Canada%E2%80%99s_Economic___Fiscal_Strengths.htmlPresident Barack Obama held a summit with European Union officials at the White House Monday, calling for action on the eurozone debt crisis before it spirals out of control and causes another worldwide economic recession.http://www.afponline.org/pub/res/news/Multiple_Calls_for_Action_on_Eurozone_Debt_Crisis_as_Global_Recession_Looms.htmlTue, 29 Nov 2011 00:00:00 -0400http://www.afponline.org/pub/res/news/Multiple_Calls_for_Action_on_Eurozone_Debt_Crisis_as_Global_Recession_Looms.htmlAccording to a new report, Canada's budgetary deficit for the first half of the 2011–12 fiscal year was $13.2 billion, compared to $17.4 billion for same period in the previous year. Meanwhile, revenues increased $4.3 billion, or 3.9 percent.http://www.afponline.org/pub/res/news/Revenues_Increase,_Deficit_Decreases_in_First_Half_of_Canadian_Fiscal_Year.htmlMon, 28 Nov 2011 00:00:00 -0400http://www.afponline.org/pub/res/news/Revenues_Increase,_Deficit_Decreases_in_First_Half_of_Canadian_Fiscal_Year.html