Description: The deficit is still here. And Canada’s Finance Minister, Bill Morneau, says it will be for the foreseeable future. Morneau is projecting a deficit of slightly less than $20 billion for the Canadian government for the 2017-18 fiscal year. He is forecasting the deficit will continue to decline over the next several years, despite… Read more »
Posts By: Brent White
The Colonel likes Bitcoin
Description: Well, apparently the Colonel will now take Bitcoin in Canada for KFC’s new Bitcoin Bucket. On January 11 KFC tweeted “Sure, we don’t know exactly what Bitcoins are, or how they work, but that shouldn’t come between you and some finger lickin’ good chicken.” It’s a rather amusing story to accompany all the media… Read more »
Not again!
Description: Well, I got an interesting letter the other day. I once owned a Nissan, so when a letter came in from Nissan Canada Finance, I thought, “here we go again; they’re telling me what a great time it would be to see my local Nissan dealer again and finance another car.” But when I… Read more »
Well, That’s One Way to Handle a Pay Raise
Description: On January 1, 2018 Ontario raised the minimum wage to $14 per hour from the old floor of $11.60. CBC has found that at a number of locations in Ontario, Tim Horton’s franchise owners have responded to the increased costs by a variety of cost-cutting measures, including cutting paid coffee breaks for employees and… Read more »
Nutrien benefits Saskatchewan
Description: The merger of Potash Corp and Agrium Inc is complete and the new company, Nutrien Ltd, started trading its shares this week. The new mega-enterprise stated the merger was to help it compete in face of declining prices in the potash business. But some Saskatchewan politicians fear that the merger might mean that good… Read more »
Worth remembering
Description: On December 6, many gathered in Halifax for a special ceremony commemorating the 100th anniversary of the Halifax Explosion. On December 6, 1917, two ships collided in Halifax harbour. One of them, heavily loaded with munitions, caught fire and soon exploded, leveling neighborhoods, killing approximately 2,000 people, and injuring many more. Professor Jack Rozdilsky… Read more »
Fighting Corruption
Description: December 9 was International Anti-Corruption Day. The United Nations website tells us that each year $1 trillion is paid in bribes around the globe while thieves make off with $2.6 trillion stolen through various corrupt methods. These figures far outstrip the amount of development aid targeted to nations. Date: December 9, 2017 Source: un.org… Read more »
Nice work – if you can get it!
Description: Well, having about 90% of your compensation based on bonus incentives for reaching performance targets might seem a bit risky. But don’t feel too bad for NFL Commissioner Roger Goodell. His new five year contract could pay him up to $200 million. The NFL owners have been concerned about recent declines in television viewership… Read more »
A new news partnership
Description: With traditional news media in decline, Facebook is joining with Ryerson University to encourage start-up innovation in this industry. The program will target five startup companies to see how these new players might innovate within this important tech space. It will be interesting to see how this incubation experience might lead to genuine breakthroughs… Read more »
Cyber Monday
Description: Cyber Monday has now overtaken Black Friday as the biggest day on the holiday shopping calendar. The online phenomenon has grown so huge that actually the Tuesday after Cyber Monday is now the second largest holiday purchase day in the United States. Accounting firm Deloitte indicated that 50% of consumers now seem to prefer… 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