Description: The Coronavirus story is lingering on. One industry that seems to be suffering is tourism, with travel agents and tourism operators bracing for a decline in activity lingering into 2021. An executive at the Hilton hotel chain estimates the company will be affected somewhere between $25 and $50 million. Date: February 16, 2020 Source: … Read more »
Posts By: Brent White
Cost Climbing
Description: In 2018 the Canadian government purchased the Kinder Morgan Trans Mountain Pipeline for $4.5 billion of our tax dollars. Around that time, the total estimated cost to complete the pipeline was $7.4 billion. Now though, it appears that the total costs for Canadians will be somewhere in the range of $17 billion. The federal… Read more »
Google Expanding in Canada
Description: Tech giant Google is expanding its operations in Canada, building 3 new facilities to accommodate 5,000 employees by 2022. Toronto, Montreal, and Kitchener-Waterloo will be the big beneficiaries of this move. Things have come a long way since the time when the company hired its first Canadian employee in 2001, opening an office of… Read more »
Canada Goose and the Virus
Description: Canada Goose, the high-end garment manufacturer, is predicting a decline in sales this year. The reason for this might surprise you a bit: it’s the impact of the coronavirus on sales in China. The outbreak of the illness has slowed both retail sales and web transactions. Date: February 7, 2020 Source: cbc.ca Link: https://www.cbc.ca/news/business/canada-goose-1.5455981… Read more »
The Middle Class
Description: Did you hear the the Canadian government has given $50 million to MasterCard, a company that made $16 billion last year? The government response seems to be that this $50 million will create jobs and help the middle class. Of course, this new government has appointed a cabinet post for a minister of the… Read more »
A Return to Basics
Description: Have you ever spent too much time in a Tim Hortons drive thru, wondering why things take so long? It appears you may not be alone. Tim Hortons is looking at going back to basics of coffee and doughnuts, after many attempts at expanding its menu offerings. The plans also include improving the drive… Read more »
The Cost of Promises
Description: During the recent federal election campaign, the Liberal party promised to increase the basic personal deduction on our income taxes, saying it would lift thousands of Canadians out of poverty. But, of course, somebody has to pay. And now the Parliamentary Budget Office is saying these deductions will cost the federal government $21 billion… Read more »
The Minimalist Approach
Description: Have you ever heard of the minimalist approach? More than that, have you heard about how it might maximize your financial future? If your basement and closets are full of stuff you don’t use, you’re probably not a minimalist. Organize your finances by setting up a budget and making your shopping trips more intentional…. Read more »
Raise Our Taxes Please
Description: Billionaires and mere millionaires head for Davos this time of year for the World Economic Forum. This year though, some of those members of the wealthy elites are making the rather unusual request that their taxes be raised. An American group called Patriotic Millionaires is seeking a form of global changes to help shrink… Read more »
Time to Pay, Volkswagen
Description: Dieselgate, the emissions scandal associated with Volkwagen since 2015, hit Canadian news again this past week. A judge imposed $196.5 million in fines on the German car maker, punishing Volkswagen for importing cars that didn’t comply with Canadian emission regulations. This huge fine is the largest environmental fine ever imposed in Canada. Date: January… 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