Plastics in the Pyrenees

Posted by & filed under Auditing, Sustainable Development.

Description: You may not have heard of micro plastics. These tiny bits – less than a fifth of an inch long – float around in the air of our major cities, cast off from the ubiquitous plastic we see daily. In an effort to find out how far these particles might drift, researchers visited snow… Read more »

French’s kept their new fans

Posted by & filed under Marketing & Strategy, Student life.

Description:  About three years ago this space covered the social-media backlash against Loblaw when they tried to delist French’s ketchup. Canadians rallied to support French’s, a company that reopened a padlocked plant in Leamington, Ontario, after ketchup giant Heinz pulled out of town. Canadians seem to be liking what they are tasting from French’s, indicating… Read more »

TSX hits high

Posted by & filed under Financial Reporting and Analysis.

Description:  This past Thursday, the S&P/TSX composite index hit a new high at 16,612.81 points. Some believe that recent hints that interest rates won’t be rising may have contributed to this new high point. Rising oil prices may also have helped fuel the optimism. Since its low point in December, the market has soared over… Read more »

Cash for fridges

Posted by & filed under Sustainable Development.

Description:  Your federal government has decided to hand out approximately $12 million of our tax dollars for more efficient fridges: the problem Canadians are having with that is that the cheque is going to Loblaw, Canada’s largest grocery chain. Oh, did I mention Loblaw made about $800 million last year? To be fair, Loblaw did… Read more »

Fading middle class dream

Posted by & filed under Accounting Careers, Contemporary Business Issues.

Description:  A new report from the Organization for Economic Co-operation and Development (OECD) concludes the middle class is shrinking. Even worse for Canada, our middle class seems to be faring a bit worse than those in other nations studied. As noted by OECD’s chief of staff, Gabriela Ramos, “The middle class is at the core… Read more »

The helium crisis

Posted by & filed under Accounting Principles.

Description:  You may find your voice doing funny things when you read this story: there’s a shortage of helium. This gas, that can change the pitch of your voice of course, is in short supply, and not for the first time. That bad news hits far more than those wanting inflated balloons. Helium gas, produced… Read more »

Panama Papers Generate Tax$

Posted by & filed under Personal Tax.

Description:  Approximately $15 million: that’s the amount of tax revenue that the Canada Revenue Agency (CRA) has generated so far following the 2015 release of the Panama Papers. So far, the CRA has looked at 525 of the 894 Canadians identified in the Panama Papers. In 2016 CRA took a hard stance towards these Canadians,… Read more »

Cheap gas

Posted by & filed under Cost Accounting, Marketing & Strategy.

Description:  It’s an old story for small town entrepreneurs. The new road takes your customers into the city for better prices, better selection and you’re facing a crisis. But Dave Callahan, owner of an independent station in St. George’s Newfoundland, is striking back. As the Fred Eaglesmith song puts it, “Then they built that overpass… Read more »

Wow! or maybe not.

Posted by & filed under Risk management.

Description:    Wow! Cheap fairs to Europe! Or maybe not. If you are one of those who has been stranded as of Thursday because of the collapse of Wow – a discount airline headquartered in Iceland – then maybe the bloom is off of the rose. Or maybe you’ve had a ticket on Wow for… Read more »