Latest news with #SteveMossop
Globe and Mail
6 days ago
- Business
- Globe and Mail
How Trump is changing attitudes to responsible investing in Canada
Responsible investing (RI) is evolving beyond its basic environmental, social and governance (ESG) structure because of U.S. tariffs and a heightened political climate, according to a new Leger survey of 1,500 investors nationwide. Forty-three per cent of investors say the definition of RI has changed for them in the past year, says Steve Mossop, executive vice-president at Leger in Toronto. U.S. President Donald Trump's politics and tariffs have had 'a dramatic impact on investment decisions made in Canada among retail investors,' Mr. Mossop told delegates last week at the Responsible Investment Association's annual conference in Toronto. He gave a sneak peek of Leger's findings ahead of the official report to be published later this month. The shift means ESG investors will evaluate other metrics such as the political affiliation and ethics of a company's board of directors and chief executive officer, and whether they align with the investor's values, he notes. Other examples include workplace policies and the company's attitude toward immigrants. Even innovations such as artificial intelligence may weigh more in RI selections as investors consider the societal impacts of the technology. And with the global trade war set off by Mr. Trump's tariffs, RI can also mean investing locally. The Leger survey found more than one-third of investors moving out of U.S. investments in favour of more Canadian investments. Twenty-eight per cent are considering investing more in Canadian stocks, and 27 per cent are delaying major investment decisions. Some prefer to mull things over by increasing their cash holdings, while 17 per cent are moving to more international stocks, Mr. Mossop said. RI typically piqued the interest of younger investors such as Generation Z and millennials. But some advisors, such as Amanda Zintel, a financial planner at Libro Credit Union in Hagersville, Ont., are noticing a shift with older clients asking how to invest responsibly. 'They're seeing the struggles that are going on around the world and they're looking for ways to do their part [for the next generation],' Ms. Zintel said at the RIA conference, speaking on a panel about advisor trends. 'If they can do that with their investments, they're looking for that opportunity.' Speaking on the same panel, Linson Chen, financial advisor and portfolio manager at RGF Integrated Wealth Management in Vancouver, said that as some clients boycott U.S. travel, they're wondering if the boycott should extend to their portfolios. 'We talk them out of rash decisions with these events going on,' Mr. Chen says, pointing to the market drop in early April and subsequent rebound. But if clients are looking for alternatives, he'll use the opportunity to speak about RI. 'Perhaps this is a way to engage clients that otherwise would be a little bit more afraid of what's going on,' he says.
Ottawa Citizen
30-04-2025
- Politics
- Ottawa Citizen
Canadian elections results: Did the pollsters get it right?
Article content B.C.'s urban-rural divide, the anti-Poilievre vote and is there a path back from obscurity for the NDP? Pollster Steve Mossop, an executive vice-president at Leger, analyzes the federal election results in B.C. with Harold Munro, editor-in-chief of The Vancouver Sun and Province. Watch: Article content Article content Article content
Vancouver Sun
30-04-2025
- Politics
- Vancouver Sun
Canadian elections results: Did the pollsters get it right?
Article content B.C.'s urban-rural divide, the anti-Poilievre vote and is there a path back from obscurity for the NDP? Pollster Steve Mossop, an executive vice-president at Leger, analyzes the federal election results in B.C. with Harold Munro, editor-in-chief of The Vancouver Sun and Province. Watch: Article content Article content
The Province
26-04-2025
- Politics
- The Province
Federal Election Poll: Liberals poised to win slim majority or minority government
Watch: 'It'll go down as a historical win if the polls hold true," says Steve Mossop, an executive vice-president at Leger Liberal Leader Mark Carney thanks supporters after speaking at a rally on April 23, 2025, in Surrey. Photo by Rich Lam / Getty Images The Liberals are poised to win a slim majority or minority government in Monday's federal election, based on a new Leger poll. The NDP face massive losses. However, about one-third of voters say they could still change their mind and a spike in youth turnout might benefit the Conservatives. Steve Mossop, an executive vice-president at Leger, discusses the latest results with Harold Munro, editor-in-chief of The Vancouver Sun and Province. The poll of 1,502 Canadians was conducted April 21 to 25 for Postmedia and has a margin of error of plus or minus 2.5 per cent. Read the full poll here. Read More This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors
Vancouver Sun
26-04-2025
- Politics
- Vancouver Sun
Federal Election Poll: Liberals poised to win slim majority or minority government
Article content The Liberals are poised to win a slim majority or minority government in Monday's federal election, based on a new Leger poll. The NDP face massive losses. However, about one-third of voters say they could still change their mind and a spike in youth turnout might benefit the Conservatives. Steve Mossop, an executive vice-president at Leger, discusses the latest results with Harold Munro, editor-in-chief of The Vancouver Sun and Province.
