Foreign investors help absorb rising public debt: NBF – Investment Executive

“Canadian governments are doing some heavy lifting these days, directly supporting a still-vulnerable economy and essentially taking up slack left by cautious private sector participants,” it noted. As a result, government budget deficits are growing, and borrowing needs are rising too, it said. “Collectively, Canadian governments (federal, provincial, local) borrowed roughly $50 billion in Q3,”…

Accountants can unwittingly help perpetrators of financial abuse, study finds

A study from Monash University, led by associate professor Vivien Chen, reveals that there were gaps in accountants’ ability to identify and respond to financial abuse, leading to cases where they unwittingly assisted perpetrators of financial abuse. Interviews with 18 frontline professionals from financial abuse support organisations indicated that a “common concern” raised by frontline…

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