Description: Household debt. Inflation. A recession. All these are among the things that could trouble the governor of the Bank of Canada, Stephen Poloz. But among the list of things that could keep him up at night, CTV news says Governor Poloz fears a cyber attack focused on the financial system as possibly number one…. Read more »
Posts By: Brent White
Walmart workers worried?
Description: Retail is a very competitive industry, with companies perpetually seeking cost advantages over competitors. Walmart has often been seen as the leader in this respect, long renowned for its integration with suppliers and just in time deliveries. This week Walmart announced it would introduce a self-scanner for consumers to use in 22 of its… Read more »
Hope it still keeps good time
Description: In 1984, Paul Newman turned over his Rolex watch to his daughter’s college boyfriend, James Cox, all because Cox told Newman he didn’t have a watch when Newman asked him the time. The watch had been a gift from Newman’s wife, Joanne Woodward, during the filming of a 1960s race car movie. This past… Read more »
Layoffs at Loblaws
Description: Loblaws has announced that roughly 500 administrative staff will be laid off in a cost-cutting move. Loblaws stated the cost cutting is to help cope with rising costs – perhaps such as an increase in the minimum wage. As well, the company cited increasing competitive forces as another reason they had to give this… Read more »
Searching for golden parachutes
Description: It has taken about eight years – including an attempt earlier this past summer – but New Brunswickers finally know that their provincially owned electrical utility paid roughly $1.7 million in severance to David Hay, the organization’s former CEO. In 2010 Hay abstained from a vote by the board of NB Power to sell… Read more »
Sad day for Canadian Music
Description: It was a sad day for Canadian music on Wednesday as we found out about the death of Tragically Hip front-man Gord Downie. At only 53 years old he leaves behind a family, friends and many, many fans. He used his own experience with a brain tumor to raise awareness around a deadly form… Read more »
Taxing Discounts?
Description: As if there wasn’t enough disquiet on the taxation front, this week things went a bit wild on the whole issue of employee discounts. You know, you work at a restaurant and you get a free meal. Or perhaps you work part-time at a sporting goods store, so your boss gives you 20% off… Read more »
Mr. Morneau’s place in Provence
Description: Friday CBC revealed that Federal Finance Minister Bill Morneau waited two years before he disclosed his ownership stake in a company that owns a villa in Provence, France to the ethics commissioner. A spokesperson for Mr. Morneau stated the oversight was simply the result of “early administrative confusion,” though CBC noted that the disclosure… Read more »
Waste not, want not
Description: Did that article really say $31 billion? That’s the estimate of the amount of food waste in Canada each year, everything from carrots with two roots to tomatoes that are a bit too ripe. But thankfully, someone is trying to do something about it. Chef Karen Barnaby of the Greater Vancouver Food Bank is… Read more »
Atcon redux
Description: For the second time, New Brunswick Auditor General Kim MacPherson has audited a 2009 decision by the then Liberal government to grant over $60 million in loan guarantees to the construction company Atcon. When the floundering firm failed, the province’s citizens were on the hook for the millions in lost funds while the then… 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