Observations
May 05, 2023KPMG Canada is facing a $1.4 billion lawsuit for alleged failures in auditing Bridging Finance Inc, a private debt manager that collapsed in 2021. The lawsuit was filed by PwC, KPMG's competitor and the receiver for Bridging.
Compendium
May 04, 2020According to the CanTrust index run by an independent market agency, there was evidence that trust in the Canadian banking sector dropped to 41% in 2019. A number of misconduct-related penalties were issued over the past year: ... cont