Search Results for: Canadian

The University of Victoria (UVic), in Canada’s temperate rain forest zone, on Vancouver Island, British Columbia, has blazed a trail in integrating its education for sustainable development (ESD) with an expansive range of courses and activities, deepening its impact.

The 2024, the Times Higher Education (THE) Impact Rankings rated UVic as fifth worldwide in the world for supporting the UN sustainable development goal SDG13 on climate action; and fourth worldwide for helping promote SDG11 on developing sustainable cities and communities.…

The development of anti-money laundering (AML) utilities, with banks and other financial services sharing customer due diligence (CDD) resources, is moving ahead, albeit slowly and unevenly. Should these systems work, they could strike firm blows against commercial crime. Keith Nuthall reports

Financial institution collaboration against crime has been promoted by both the public and private sector, but it needs to be done well – with client confidentiality and data protection being safeguarded alongside the development of operational efficiency.…

The number of build-to-order (BTO) auto consumers pre-ordering vehicles in north America direct from OEMs, has been growing, and is expected to continue expanding, but not as quickly as automakers predicted during the Covid-19 pandemic. US sample survey data released by Cox Automotive in February (2024) said 267 consumers out of 1,932 had re-ordered vehicles on the previous 12 months, with 221 buying from franchised OEMs such as Ford and Toyota, while 46 bought from new form OEMs such as Tesla and Rivian.…

The freezing of Russian assets since the government of President Vladimir Putin invaded Ukraine in February 2022 has prompted western governments to consider seizing that money and property to fund reconstruction of a country ravaged by Moscow’s military aggression. Estimates of the value vary, but there is consensus that the value is at least USD300 billion, with the vast majority being assets from the central bank, the Bank of Russia.…

It is a rule of thumb that every new economic and social innovation brings its response in fraud, and the phalanx of sustainability reporting rules and certification is expected to prompt a wave of environmental fraud.

Companies have long been accused of ‘greenwashing – making false sustainability claims about their goods and services – and regulators are increasingly cracking down on the practice, with a new European Union (EU) green claims directive under consideration.…

Canada’s automakers are considering how to best overcome resistance to buying BEVs because of reduced range and recharging challenges in the country’s frigid winters.

There is plenty of evidence that battery ranges decline in cold winters, when charging takes longer, eats up more power and is more expensive.…

A major advance in textile-to-textile recycling was made this May (2024), with Lululemon Athletica, the Vancouver, Canada-based athleisure partnering with Sydney, Australia-based enviro-tech firm Samsara Eco to pioneer the production infinitely recycled nylon 6,6 and polyester derived from apparel waste (1).…

Canada’s FIU FINTRAC has asked obliged entities to file their most sensitive STRs via a commercial file sharing system offered by Canada Post, after the AML agency was hacked in March. FINTRAC has since suspended its in-house secure web-messaging service, preventing it from receiving STRs via the usual channels.…

The impact on criminality and money laundering of the comprehensive legislation of cannabis in Canada in 2018 is becoming better understood – while an expanding legal sector is squeezing an illegal market, illicit sales are still large. This is fuelling concern that criminals may be working with the legal sector.…

The North American paint and coatings sector has been treading water as it struggles against flat demand and increasing regulatory burdens.

In the USA, the paint and coatings industry has faced declining sales volumes prompted by tailwinds in the construction sector.…