Risk to residential and commercial properties due to wildfire in areas of increased human habitation is an important but relatively unstudied phenomenon. Insurers are likely exposed to an increasing risk in the face of climate change and increased population in forested areas. The internship’s aim is to study this problem and to provide an estimate […]

For this project, the mathematical finance intern will assist in the development and implementation of a new Economic Capital system, a method used by society to produce and distribute goods and services. The internship will also look into the development and implementation of appropriate risk management policies and procedures. The intern will manage the performance […]

Credit valuation adjustment (CVA) is becoming an integral part of pricing any over-the-counter (OTC) trading portfolio, especially in the light of current market conditions. CVA is the difference between the portfolio values with and without accounting for the possibility of default of trading counterparties. BMO Capital Markets has launched a project to create a front […]

The Katzie First Nation is working towards establishing a Community Forest Agreement (CFA) with the Province of British Columbia. The area of intent lies within Katzie Traditional Territory and includes Blue Mountain and Douglas Provincial Forests, located along the east banks of Alouette Lake. To establish a CFA, the Katzie desire a holistic approach to […]

This project will assess the potential for a certification program to enhance the Wine Council of Ontario’s voluntary initiative Sustainable Winemaking Ontario. This will involve an investigation of the barriers to implementation and acceptance, consumer interest and purchasing behaviour, the optimum format for a certification program and corresponding labelling and the types of indicators that […]

The project has to do with the financial evaluation of using different types of trees as biomass for energetic consideration. This initiative is designed to develop a model to analyze and evaluate the economic benefits of the intensive cultivation of willow trees and compare them with results obtained with traditional forestry practices. The project also […]

A “choice model” is a mathematical tool that can be used to anticipate the behaviour of economic agents when they must choose among several options. We will use this technique to predict airline or railway passenger choices as a means of anticipating demand and optimizing supply with regard to availability and ticket prices. As part […]

Munich Reinsurance Company (Munich Re) is the largest life reinsurer in the Canadian marketplace. Proper risk assessment at Munich Re is vital in order to assure that Canadian policyholders receive their promised coverage. This assessment includes measuring and monitoring the mortality risk of its life related business. The goal of this project is to improve […]

In contemporary professional work, particularly groupwork, knowing what has been done, and why it was done, is often crucial to a project's success. Further, an important aspect of organizational memory is the shared history of project work (successful and unsuccessful both). Yet, most work and project management software provide only minimal tools for supporting review, […]

Catalyst Equities is a proprietary day trading firm, which means that they trade stocks with financing arranged by a third party. Currently, trades are made independently by members of the team with some dialogue over projections and decision criteria. In the future, partners want to expand their business to include automated trading, which they have […]

This doctoral research will study the mechanisms put in place by organizations facing very dynamic environments to manage projectportfolios when the uncertainty level is high. The theoretical basis will include the literature on Project Portfolio Management,Organization Theory (Weick’s Sensemaking) and Strategy Theory (Dynamic Capabilities). The unit of analysis will be the processes put in place […]

The research project is to investigate a multi]factor multi]asset extension of the Hestonf93 stochastic volatility model for comprehensive Credit Value Adjustment calculation and Commodity Counterparty Credit Risk methodology. The extended model covers counterparty hazard rates correlated with the underlying and interest rates in order to model wrong]way exposure. The project includes mathematical investigation of the […]