Posts By: Brent White

Lululemon vs Peleton

Posted by & filed under Marketing & Strategy.

Description: Lululemon and Peleton have settled their dispute. Lululemon had been seeking compensation for Peleton’s alleged swiping of some of Lululemon’s clothing designs. The two companies had a co-branding relationship from 2016 to 2021. After the agreement ended, the “copycat” trouble started. Date: September 30, 2022 Source:  thestar.com  Link: https://www.thestar.com/business/2022/09/30/lululemon-settles-lawsuit-against-peloton-over-alleged-patent-infringement.html Discussion points: 1) Are you… Read more »

Food Insecurity on Campus

Posted by & filed under Student life.

Description: The inflationary trends on food prices have hit students at Canadian universities, where some have had to turn to campus food banks for relief. Erin O’Neill of the University of Alberta’s campus food bank reports that hundreds of students have registered with the program. Mount Royal University faculty produced survey results reporting food insecurity… Read more »

Less Than Nothing?

Posted by & filed under Accounting Careers, Canadian governments, Cost Accounting.

Description: Less than nothing? That was how the CBC described the situation where the government of New Brunswick seems to be paying forestry companies to harvest pulpwood on Crown lands in the province. The new government rate charges harvesters $3.40 per cubic metre of certain softwoods. But the government then pays the forestry companies $3.90… Read more »

Healthy Food and Nutrition Audit?

Posted by & filed under Auditing.

Description: Since the federal auditor general first earned the so-called value-for-money audit mandate back in the 1970s, auditors general in Canada have greatly expanded the scope of their work, moving far afield from the traditional accountancy matters of public finance and internal control. This expansion has sometimes earned the criticism of observers, such as noted… Read more »

Restaurant Prices Up

Posted by & filed under Financial Reporting and Analysis, Student life.

Description: It’s probably no surprise that with inflation cranking up the food prices in the grocery stores that it would also cost us more to eat out. According to Restaurants Canada, we will see the cost of dining out increasing by 7.8 per cent by the time we say “goodbye” to 2022. Rising costs for food… Read more »

Loading up on Debt

Posted by & filed under Financial Reporting and Analysis, Student life.

Description: Canadians are taking on more debt with Statistics Canada telling us that debt per household in Canada is now 181.7 per cent of income. This figure is up from just under 180 per cent in the previous quarter. According to Ksenia Bushmeneva, an economist with TD Bank, “the selloff in financial markets earlier this… Read more »

Help with Inflation

Posted by & filed under Personal Tax, Student life.

Description: The Government of Canada is directing financial relief to citizens with lower income to help them deal with this current inflationary environment. One measure is the doubling of the Goods and Service Tax Credit (GSTC) for those with family incomes under $39,826 in 2021. A second measure, the Canada Dental Benefit, will provide cash… Read more »

September = Apple Annoucement

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

Description: It’s September, and that means there’s going to be some sort of product announcement heading out of Cupertino California, Apple’s HQ. This past Wednesday, Apple introduced four new iPhone models, updated AirPods Pro, and, an Ultra Apple Watch oriented towards extreme sports types. Unfortunately, f you are a user who enjoys a smaller screen,… Read more »