Canada’s airline duopoly has kept airfares high, and Flair Airlines set out to challenge that with ultra-low-cost flying. A foreign ownership stake brought the company under investigation by the Canadian Transportation Agency, but many Canadians are sympathetic to the notion of a feisty underdog challenging the status quo, according to Professor Karl Moore.
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Published on: 8 Jun 2022
Sebastien Betermier, Associate Professor of Finance and Finance Area Coordinator at the Desautels Faculty of Management at McGill University has been appointed as the new Executive Director of The International Centre for Pension Management (ICPM). The ICPM is a global, research-based network of asset owners that stimulates leading-edge thinking and practice about pension management.
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Published on: 8 Jun 2022
Congratulations to Justin McGregor (BCom’21), James Akkaoui (BCom’21), Megan Abellera (BCom’21), Juliette Lapointe (BCom’21), Guillaume Ouimet (BCom’21), and Marie-Ève St-Jacques (BCom’21) who were awarded the Lionel Pelham Kent Scholarship by the Graduate Certificate in Professional Accounting (CGPA) program.
In the memory of Lionel Pelham Kent, CA, this scholarship was established in 1998 to recognize academic excellence and strong communication skills among students entering the final year of the GCPA program.
Published on: 6 Jun 2022
Could Artificial Intelligence tools decide who gets hired or fired, who gets a raise, or who’s ready to be a mentor? Some already are, to varying levels of success, and it’s often difficult to discern their use value, let alone how to use them effectively and ethically, an arguable essential in HR.
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Published on: 2 Jun 2022
Thibault Trancart (BCom'15), Desautels Faculty of Management's first blind graduate, is helping make one of the world’s biggest consumer goods companies more accessible. Trancart is a Manager in Responsible Beauty for Europe Hair Care at Procter & Gamble, and has become one of its Accessibility Champions. “Originally, I didn’t want to be the blind guy working on accessibility,” he says. But Trancart, intrigued by the practicality of the work, now addresses the challenges he personally faces. “I’m 80-90% on accessibility and can’t see myself doing anything else.”
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Published on: 2 Jun 2022
The fashion industry is responsible for about 4% of global greenhouse gas emissions, and most originate with the raw materials used in clothing -- like leather, cotton, and synthetic fibres. Evoco is working to reduce fashion’s emissions. Led by James Robinson, the Toronto-headquartered company provides sustainable materials to leading footwear producers like Kodiak and Timberland. The company claims to have saved 948,900 kg of carbon emissions, and in an interview with Prof.
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Published on: 2 Jun 2022
Joanne Liu (MDCM'91, IMHL'14, DSc'16) is no stranger to health emergencies. The physician and former International President of Médecins sans Frontières is leading McGill’s efforts to prepare for future health emergencies. As the director of the Pandemic and Health Emergency Readiness Lab, Liu is seeking to develop solutions to current crises and prepare for future ones. There is an acceleration of local epidemics becoming pandemics, and that is somewhat linked to pressure on our environment, Liu told Desautels Prof.
Published on: 2 Jun 2022
At a glance, the Couche-Tard in the Bronfman Building looks much like any other. But it is actually an innovative research facility that uses technology to improve our understanding consumer behaviour. Known as the Retail Innovation Lab, a partnership between McGill’s Bensadoun School of Retail Management and Alimentation Couche-Tard, it is the first frictionless store in Canada. At the Retail Innovation Lab, computer vision systems recognize grab-and-go items in real time, and payments are processed digitally, so customers can shop quickly.
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Published on: 2 Jun 2022
Many young investors have never lived through a major market downturn, and some novices could overreact as markets fall, according to Sebastien Betermier, an Associate Professor of Finance at Desautels. Analysis has shown that novice investors sold their holdings in greater numbers following the recession of 2008, and saw their portfolios perform more poorly than experienced investors, who were more likely to have bought in while prices were low and to stay the course.
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Published on: 2 Jun 2022
Artificial Intelligence innovation thrives in an environment where business arenas, fundamental research, and thought leadership overlap. As seen in recent AI initiatives in Montreal, determining the capacities of AI and related data analytics applications is essential to understanding how they will play out in the wider world, whether analyzing healthcare data or implementing predictive analytics in retail.
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Published on: 2 Jun 2022
McGill University is proud to announce the launch of the Sustainable Growth Initiative (SGI), a new hub anchored at the Desautels Faculty of Management dedicated to providing businesses with actionable solutions for building a more sustainable economy. Through research-to-action projects, engagement workshops, global student competitions, thought leadership and education, this innovative cross-faculty venture will address some of the key challenges businesses face every day.
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Published on: 27 May 2022
Dynamic pricing algorithms set the prices we pay online—and few rules govern how they work. Even if an algorithm doesn’t ostensibly consider race at all, research shows that it can be biased and discriminatory on the basis of race, as well as gender, economic level, and other personal information openly gathered from consumers.
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Published on: 19 May 2022
“Seize the opportunities that come your way. The opportunities will come, and if you are determined you will succeed. The world is yours if you give it your best." This is the advice Dean Yolande Chan had for young Jamaicans in an interview with The Gleaner, one of Jamaica's leading news outlets. She also urged Jamaican students not to accept mediocrity, emphasizing that the island’s educational system is comparable to anywhere in the world.
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Published on: 19 May 2022
If a company doesn’t want to share salary information, there could be a reason for that. About 75 per cent of people don’t negotiate a higher salary for themselves, and women and minorities are underrepresented among those who do not, according to Prof. Jean-Nicolas Reyt. But Montreal-based telecommunications company Oxio is taking steps toward salary transparency.
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Published on: 18 May 2022
The Canadian Business Hall of Fame honours more than 200 of Canada’s most illustrious business people, and this year, three McGill alumni were added to the list. At a ceremony in Toronto in early May, Power Corporation Chairman Paul Desmarais, Jr. (OC, BCom’77, LLD’12) and Deputy Chair André Desmarais (OC, OQ, LLD’12) were inducted alongside their father Paul Desmarais, Sr. (OC, OQ, LLD’92), who passed away in 2013. Desmarais Sr.
Published on: 18 May 2022
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