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Online News Archive

Editor: Leslee Mason email Leslee

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March-April 2010

Code of Conduct for credit, debit card industry released

April 16, 2010--The Honourable Jim Flaherty, Minister of Finance, today released a Code of Conduct for the Credit and Debit Card Industry in Canada, which the minister says promotes fair business practices and ensures that merchants and consumers understand the costs and benefits associated with credit and debit cards.

Canadian Payments Association releases payments strategy

March 22, 2010 --The Canadian Payments Association's Board of Directors has approved the CPA's Payments Strategy: Vision 2020, enabling the Association to move forward with initiatives that support the dynamic changes to the Canadian payments industry.

March 29, 2010--A major new study of over 1,900 Chief Financial Officers (CFOs) and senior finance executives from 81 countries and 35 industries worldwide reveals that more than 60 percent of CFOs plan major changes to respond to the new economic climate. CFOs and senior finance executives believe the already intense pressure on three fronts -- reducing the enterprise cost base, making faster, more accurate decisions and providing more transparency to external stakeholders will increase dramatically over the next three years.

 

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