Description: Almost 40% of Canadians owning homes have found themselves in some sort of cash flow crisis in the preceding year according to a recent Globe and Mail report. Increasing house prices might explain why Canadians are reaching out to relatives or loading up the credit card to get through a tough spot in paying… Read more »
Monthly Archives: November 2015
Waiting for tax changes
Description: During the recent federal election the Liberals, while supporting cuts in the small business tax rate, expressed concern about businesses being set up mainly to avoid paying higher rates of taxes. Now that the Liberals are in office, some doctors and lawyers fear that the new government may alter the rules on Canadian controlled… Read more »
Lighter than expected
Description: There were still lineups of course. And many retailers were offering deals. But Black Friday this year seemed to have less retail store traffic in the US than in some prior years. Of course, now with some retailers opening on Thanksgiving Thursday, some consumers may have already made their purchases. And online purchases were… Read more »
Ikea Foundation steps in
Description: Many students have found value, pleasure and comfort in Ikea’s furniture. And they’ve gone on to be Ikea shoppers as they move into the world of work. But did you know the Swedish furniture giant also operates a humanitarian arm known as the Ikea Foundation? This Foundation, in typical Ikea fashion, has developed lightweight,… Read more »
Different cultures, different expectations
Description: Bernadette Wightman can now smile. On the street that is. Now serving as president of Cisco Canada, Wightman comes to her post after previously serving as a Cisco executive in Russia where she discovered it is not considered socially acceptable to smile at strangers. It’s an important reminder of the need to be sensitive… Read more »
Where’s my porcelain mug?
Description: Last year 3G Capital Partners LP of Brazil purchased Canadian coffee giant Tim Horton’s. It’s perhaps a sign of 3G’s famous cost-cutting behaviour that some Tim’s outlets are doing away with the classic porcelain coffee mugs in favour of an all paper cup regime. It’s unlikely that all patrons will be happy with this… Read more »
Megabrew!
Description: The Globe and Mail categorized it as a “megabrew”. The two largest brewers in the world have combined to form an organization that will account for approximately 1/3 of the beer produced worldwide. Anheuser-Busch announced that is purchasing SAB Miller PLC for about $143 billion. Some maneuvering may be necessary in both the US… Read more »
Watching the watchdogs
Description: The Province of New Brunswick certainly seems to have its share of fiscal challenges, after having run deficits for several years. Last week the Province began looking at another cost-cutting measure: reducing the number of independent legislative officers. Legislative officers include the Auditor General and the Ombudsman. New Brunswick has nine of these officers… Read more »
Learn from the boomers
Description: Housing prices in places like Vancouver and Toronto are causing Globe and Mail arts columnist Marsha Lederman to wonder what retirement might be like for Gen-Xers, like her, or the Millennials who are following. She remembers the big day when her mother celebrated receiving a notice from the bank saying the home mortgage had… Read more »
A new way to repay student loans
Description: Not liking the look of the climbing balance in your student loan? Wondering how you are ever going to repay that thing after you graduate and start working? Well, how about using a travel rewards program such as Aeroplan to help pay down that debt? Two provinces have already started such a program… Read more »
Burnley Understanding Financial Accounting, 3rd Canadian Edition
Kimmel Financial Accounting, 8th Canadian Edition
Weygandt Accounting Principles, 9th Canadian Edition
Kimmel Survey of Accounting, 2nd Edition
Kieso Intermediate Accounting, 13th Canadian Edition
Weygandt Managerial Accounting, 6th Canadian Edition
Farmer Cost Accounting, 1st Edition
Savage Accounting Information Systems, 1st Edition