Since our arrival to Canada, there has been growing demand from both local and multinational organizations for turnaround management, performance improvement and business advisory services. Given current economic conditions and an increasing appetite for real solutions to growing problems, Alvarez & Marsal’s dynamic, entrepreneurial, action-oriented team in Canada maintains a relentless focus on providing clients with the results they need. With many companies at the breaking point, clients rely on our professionals for sound guidance to weather the storm, as well as advice to ensure future survival and growth.
Although in the past decade the Canadian dollar has steadily improved, the country has been impacted by the global economic crisis. While some provinces struggle with labor shortages, others are experiencing rising unemployment rates. Many manufacturers are dependent upon exports and, consequently, have been greatly affected by the recession in U.S., since the exchange rate has become much less favorable. Moreover, recent growth spurred by the oil industry has become a real concern, as many are worried the bubble will burst. In short, Canadian companies need to ensure that their business strategies are sound and sustainable in order to survive.
From its base in Toronto, Alvarez & Marsal offers turnaround and restructuring advisory, corporate finance advisory, crisis and interim management, and performance improvement services.