Description: And so it continues. The Blackberry bad news keeps coming, almost like the old football penalty of piling on. Despite introducing a new Android device called the Priv phone, revenue for the quarter declined. Blackberry failed to meet analysts’ revenue projections, despite this new device which combines the advantages of Blackberry’s vaunted security with… Read more »
Posts By: Brent White
Good time to cut the debt
Description: The general theme is that things have been tough for the last little while in the oil patch. But some companies with cash to spare have been taking advantage of the downturn to repurchase their own bonds at “60 cents on the dollar.” Companies like Encana and Repsol SA are reducing their long-term debt… Read more »
A cautionary tale
Description: Michael Koonin is in sales. His employer, Salbro Bottle of Woodbridge, Ontario normally paid his bill for data usage on his iPad and his cellphone each month. But in February Salbro balked when Telus billed $25,000 for roaming charges. The data misadventures began when Koonin sold the iPad on eBay to someone in California. Koonin didn’t… Read more »
That’s quite a pay cut
Description: This past week we learned Barrick Gold executive chairman John Thornton earned just a little over $3 million for 2015. That doesn’t sound too bad, until you read that the year before Thornton was awarded almost $13 million, with almost $9.5 million coming from incentives. Barrick Gold drew the attention of three major pension… Read more »
‘Investing’ in that deficit?
Description: This past week Justin Trudeau’s government released its first budget, showing a planned deficit of nearly $30 billion for the next fiscal year. While Finance Minister Bill Morneau spoke of “investments in the future of Canada,” the Opposition drew attention to the fact that the deficit far outstripped the $10 billion figure Mr. Trudeau… Read more »
Ketchup wars
Description: Ketchup wars: kind of sounds like a college prank gone wrong doesn’t it. Or maybe it’s a food fight down at the cafeteria. But Canada was treated to its own ketchup war this past week when social media came alive in support of French’s ketchup after Loblaw’s announced it was de-listing the product. Patriotic… Read more »
Tax on pop
Description: Britain plans one. Mexico has one. And Berkley California put one in place: a tax on sugary soft drinks that is. And in Canada, a recent report from our Senate called for such a tax as one means to combat obesity. Canada ranks number five in terms of the nations with the highest rates… Read more »
What do you want to do for the rest of your life?
Description: A study funded by the Canadian Education and Research Institute for Counseling has shown that educators can begin reaching out to children as young as those in grade 5 with career choices. The Career Trek program, in partnership with two Manitoba universities, began introducing students to career information in grade 5. Then it follows… Read more »
Tax Expenditures
Description: Have you ever heard of tax expenditures? Maybe you know them by some of their other names, such as the Public Transit Tax Credit or the Children’s Fitness Tax Credit. These tax subsidies, offered to select groups of Canadians – often those in higher income groups – tend to fly under the radar. Unlike normal … Read more »
50 Cents Worth
Description: Hip hop entertainer 50 Cent has lots of assets. The only problem is, he has even more liabilities. His application for bankruptcy hit a bit of a road block this week when an attorney representing the trustee’s office asked for a deeper look at the rapper’s finances. The questioning appeared to have been prompted… 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