How to achieve corporate sustainability
By Patricia Voorhees Corporate sustainability is broadly defined as how an entity has a positive impact on the environment and society in which it operates. In an era of climate change and changing investor expectations, corporations are concerned with sustainability and assess their impact through environmental, social and governance (ESG) …
Capital spending may hit record
Non-residential construction and machinery and equipment (M&E) capital expenditures are projected to hit a record $275.5 billion in 2020, according to Statistics Canada, from $268 billion in 2019, and surpassing the previous peak of $272.1 billion registered in 2014. The 2020 capital investment intentions data, encompassed in the Capital and …
Truck tractors and heavy equipment prices on the rise
December 2020 report highlights multi-terrain loaders, dozers, loaders, graders, trucks, and more VANCOUVER, BC–With its auctions 100% online due to COVID-19, Ritchie Bros. drew record buyer demand in 2020. As a result, the company’s latest Used Equipment Market Trends report is showing price inflation across all majority equipment categories. For …
The need for secure digital identities
By John D’Apolito Trust, security and confidence in partners are the fundamental underpinnings of supplier/procurement relationships, especially today’s digital supply chain. For without current information, such as potential red flags or insights into ethical practices, partners will be cautious. These trading relationships require secure digital identities. Enhanced digital identities are …
How Ottawa can fight cyberthreats
By Scott Talbott Technology has transformed our lives in myriad ways. We can send messages, post images, stream videos and effortlessly connect with each other instantaneously. We can take courses, obtain medical diagnoses, shop, read customer reviews and easily compare prices between items online. Entrepreneurs and business owners can now …
Turning to low-carbon solutions
By Dana Krechowicz Agriculture and mining are on the front lines of climate change. Why? First, they depend on predictable climatic conditions to ensure stable outputs and operations. Climate change is making it harder for farmers and mining companies to predict operating conditions, which adds additional risks and costs to …
How tech and flexibility helps farmers
By Curtis Gulka As winter befalls the Canadian landscape, our agriculture customers are working on their businesses. Despite snow-covered fields, winter isn’t an off-season for farmers. Heck, some of them are still harvesting. Beyond that, there’s equipment to maintain and decisions to make, especially when it comes to gearing up …
New textbook on lease accounting
A new textbook on lease accounting by industry authority Shawn Halladay, managing director of the Professional Development Practice, The Alta Group, is now available. Accounting for Leases: Embracing the New Paradigm provides valuable guidance to both U.S. and international lessors and lessees by covering the many commonalities between ASC 842, …
Study: Cash on hand, interest rates, lowered U.S. financing share
The vast majority of American end-user businesses (79 percent) relied on financing for at least part of their equipment and software acquisitions last year. But underlying this figure is a decline in the propensity to finance equipment investment, according to a new study, the 2019 Equipment Leasing & Finance Industry …
What’s in store post-election?
By Brendan Read What impacts could the Oct.21 federal election that resulted in a Liberal minority government have on Canada’s asset-backed lending sector? Canadian Equipment Finance reached out to the C.D. Howe Institute for answers, insights and recommendations. Here they are, from Farah Omran, policy analyst and Jeremy Kronick, associate …