Description: In the battle between the two huge letter A tech companies, Apple and Alphabet, Alphabet (formerly known as Google), has supplanted Apple as the largest company in the world as measured by market valuation. Apple had held the top spot since replacing Exxon in 2012. Alphabet, the new holding company that owns Google and… Read more »
Posts By: Brent White
Tax rates: Who’s highest?
Description: This week the New Brunswick government released its budget for the coming fiscal year. And one budget item got first page attention on the front page of Canada’s national newspaper, the Globe and Mail. The Globe featured an article noting how New Brunswick’s budget promises a tax cut for the wealthiest citizens in order… Read more »
Where are the savings?
Description: Federal Auditor General Michael Ferguson released his latest report on Tuesday. One of the key findings seems to be around the relatively new department, Shared Services Canada, founded in 2012. Shared Services Canada has a mandate to consolidate various information services throughout the government’s 43 departments by 2020, but Mr. Ferguson’s work points out… Read more »
Google and taxes
Description: Google has settled a six year tax audit with the British government; the amount owing – 130 million British pounds. And Google faces a similar tax bill in Italy while the government of France threatens to collect about three times as much from the Internet search-engine king. But don’t feel too sorry for Google…. Read more »
TD Bank sued in Ponzi scheme
Description: TD Bank is being sued in Ontario Superior Court for $5.5 billion for its role in correspondent banking for the Stanford International Bank. Stanford’s founder, Allen Stanford, is serving a 110 year prison sentence for leading a fraud that removed $5.5 billion from the pockets of over 20,000 investors. The claim filed against TD,… Read more »
Think twice before using company email
Description: One major outcome of the Ashley Madison security failure last year was the number of public-sector email addresses implicated as users. The hack revealed users at the RCMP, the Canada Revenue Agency, the Justice Department and the armed forces were using their employers’ email service to search the Ashley Madison site. This raises questions… Read more »
Debt loads troublesome
Description: The Parliamentary Budget Officer (PBO) is concerned. But this time it’s not about government forecasts. Rather, this week the PBO warned that Canadians debt to income level has reached a point not seen in over 25 years. House prices and other pressures are expected to raise those debt to income levels to close to… Read more »
Watch that password
Description: Splashdata is a tech company that has developed a software tool for managing passwords. And each year Splashdata entertains and educates us by publishing a list of the 20 worst passwords. This year’s worst two are unchanged from the previous results – “123456” and “password” still top the list. And what makes it worse,… Read more »
Employees will get paid
Description: This is a bit of good news in what has been a week of bad news for Goodwill Industries of Toronto, Eastern, Central and Northern Ontario. Last Sunday when employees arrived for work, they found the doors were locked. The organization is experiencing cash flow problems and employees were wondering if they would be… Read more »
The unfit Fitbit
Description: Some are calling Fitbit’s new offering a ‘not-so-smart watch.’ Unveiled at Las Vegas’s giant consumer electronics show earlier this month, and priced at $199, Fitbit’s new Blaze is being criticized for its lack of apps. Meanwhile with competitors like Samsung and Under Armour looking for breakthroughs, and Apple Watch version 2 on the horizon,… Read more »