By Stephen Mullowney & Mica Arlette, Partners, PwC
Beginning in the second half of 2016, the Canadian mining sector started to crawl out of the prolonged downturn that started in 2011, when commodity prices peaked and started a long, slow decline. That decline prompted many in the turnaround and restructuring sector to plan for a lot of work in...
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Mica Arlette is a partner with PwC’s Corporate Advisory and Restructuring practice, based in Toronto. He’s worked with clients around the world to develop and implement restructuring and turnaround plans that preserve value, mitigate risk, and provide effective and practical solutions. His recent projects have included both formal and informal restructuring processes involving cross-border and domestic clients in engineering and manufacturing, oil and gas, consumer goods, and financial services. Arlette is a CPA and a Chartered Insolvency and Restructuring Professional.
Stephen Mullowney is a partner and managing director in PwC’s Corporate Finance Group and is also the firm’s Canada’s Deals Mining Leader. He advises and assists Canadian and international clients in making key strategic and financing decisions. Mullowney’s clients include large private and public enterprises, multinational firms, governments, trading houses, and international state-owned entities. He holds a bachelor’s degree in business administration from Acadia University and is a Chartered Professional Accountant, a Chartered Accountant, and a CFA Charterholder.