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News Categories: Risk Management

Finance / Risk Management /  • March 8, 2019
$200 makes for a pretty thin cushion

With rising interest rates making it more expensive to service variable-rate loans and mortgages, Canadians are getting worried. An Ipsos poll commissioned by MNP, an insolvency firm in Canada, has found that a growing number of Can...

Finance / Risk Management /  • September 18, 2018
Added stress

Mortgage Professionals Canada, which represents mortgage brokers and others working in the industry, released a report this past summer stating that an estimated 100,000 Canadians have been prevented from entering the real estate market du...

Risk Management / Technology /  • June 12, 2018
Way too much information

This past March, it was revealed that Cambridge Analytica, a political consulting firm that did digital work for Donald Trump’s 2016 presidential campaign, obtained private data on 50 million Facebook users that was used for behaviour...

Business / Risk Management /  • November 21, 2017
Equifax in the doghouse with US credit unions

This past July, a massive data breach was discovered by Equifax credit bureau in one of its web applications that is used by customers to log issues with their credit reports. The breach, which occurred from May through July, gave hackers ...

Finance / Risk Management /  • January 13, 2017
Early 1990s see bank rates plummet

In 1992, the mortgage landscape was undergoing rapid change. With a nearly seven-percent drop in the bank rate over a two-year period, it was prescient of things to come. [March/April 1992] Interest rates have been steadily d...

Finance / Risk Management /  • June 13, 2016
The “invisible” crime
Credit unions can play a role to help prevent elder financial abuse

It’s sometimes referred to as the “invisible” crime. It is often unreported, and committed by people known and close to the victim. June 15 is World Elder Abuse Awareness Day. The United Nations estimates that worldwide, up to six per cent ...

Banking / Risk Management /  • May 12, 2016
Number Cruncher: $61 million

The amount of money scammed from an estimated 14,000 Canadians in 2015, according to the Canadian Anti-Fraud Centre....

Finance / Risk Management /  • March 1, 2016
Time Machine: Mortgage fraud in 1999
Mortgage fraud doubles

Fax machines, photocopiers and white-out are a handful of the “tools” used by people to commit mortgage fraud.

Banking / Risk Management /  • November 1, 2015
Time Machine: B.C. Credit Unionist, 1960

In the 1960s financial institutions in Asia hired monkeys to detect counterfeit coins.

Human Resources / Risk Management /  • July 1, 2015
Employee privacy rights violated
B.C. privacy commissioner slams District of Saanich

District of Saanich to destroy all data it collected using employee monitoring software.

Risk Management /  • Mar 2014
Co-operators hit by ‘ID spoofing’

Residents of Southern Ontario were warned that strange phone calls they were receiving might look like they were from The Co-operators. They weren't.

Risk Management /  • May 2013
A policy for pet lovers

Is it time to safeguard Fido with insurance?