Description: In his latest report the Auditor General of Canada expressed frustration with what the Government of Canada has done – or not done – with his previous recommendations. Half way through his ten year term, Michael Ferguson said that when his auditors go back to audit a program for a second time, they often… Read more »
Posts By: Brent White
Harris painting hits new heights
Description: This week art markets saw a new record auction price for a Canadian painting. Lawren Harris’s 1926 work, Mountain Forms, attracted a winning bid of $11.2 million, far more than the anticipated $3 million to $5 million. The buyer remains anonymous. Date: November 24, 2016 Source: cbc.ca Link: http://www.cbc.ca/news/entertainment/lawren-harris-mountain-forms-auction-1.3864470 Discussion Points: 1) The… Read more »
Loving that office space
Description: Chandeliers in the washroom. A trendy coffee bar down the hall. These are some of the pleasant features in Nicola Morgan’s co-working space where desk rentals begin at $125 per month. It’s a growing and attractive option for professionals and others. Date: November 24, 2016 Source: theglobeandmail.com Link: http://www.theglobeandmail.com/life/home-and-garden/design/co-working-spaces-cater-to-the-specific-needs-of-self-employedworkers/article33006049/ Discussion Points: 1) This article… Read more »
More tolls for Toronto
Description: In a bid to fight traffic congestion and to raise additional funds, Toronto mayor John Tory announced this past week that major arteries such as the Don Valley Parkway are now candidates for a $2 per vehicle toll. Toll revenues will be plugged into funding for infrastructure and public transit. One aim of the… Read more »
Trump sparks good times at the NY Times
Description: The New York Times – America’s paper of record – has seen a major jump in subscribers since Donald Trump’s election victory. In the week after Trump’s election, the Times added approximately 41,000 subscribers. This represents the largest subscriber increase since the newspaper’s paywall went into action in 2011. Date: November 17, 2016 Source:… Read more »
Big cash for Bombardier
Description: Bombardier Ltd is receiving a major infusion of money. In a bond issue that far exceeded expectations, interested purchasers snapped up $1.4 billion U.S. of Bombardier debt. The bond proceeds will be used to pay off two debt issues coming due in 2018, allowing Bombardier to have a bit of breathing room as it… Read more »
Financial Literacy Month
Description: Did you know November is Financial Literacy Month? Globe and Mail personal finance columnist Rob Carrick wrote about this recently in discussing the need for parents to get involved in teaching financial literacy to their children. Carrick pointed out an interesting finding of a recent survey by the Canadian Foundation for Economic Education: teens… Read more »
BK expanding Canadian kingdom
Description: 3G Capital Management, the Brazilian firm that purchased Tim Hortons, is now turning its attention to Burger King. 3G has prided itself in seeking improvements in other operations such as Kraft Foods, Tim Hortons and Heinz. Now it is turning its attention to helping Burger King’s performance in Canada catch up with rivals McDonalds,… Read more »
Donald Trump’s Conflicts
Description: With worldwide business interests that could be impacted by his policy choices, Donald Trump’s presidency raises a broad range of potential conflicts of interest. Some suggest it’s an ethical minefield. And, perhaps surprisingly, there is no law preventing a sitting president from maintaining all of these outside business interests while sitting in the White… Read more »
Canadian Tire changes course
Description: Canadian Tire is cutting its capital expenditures for 2017 as it shifts its strategic focus to online sales and away from bricks and mortar. Part of this strategy will see Canadian Tire placing increased reliance on private label brands like its Mastercraft tools. Meanwhile, investors seem to like Canadian Tire’s performance as earnings per… 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