Description: In the largest initial public offering (IPO) in US history, Chinese internet marketer, Alibaba, began trading on the New York York Stock Exchange on Friday. Alibaba now has a market capitalization larger than a number of Silicon Valley heavyweights, including Facebook and Amazon. Yahoo, however, may be smiling quietly in the background. As an… Read more »
Posts By: Brent White
Should business give any credit for this tax credit?
Description: On September 11, Federal Finance Minister Joe Oliver delivered his first major policy initiative since taking over as Minister earlier this year, with his announcement of a Small Business Jobs Credit. The aim of the credit is to reduce employment insurance premiums which in turn may prompt small business to hire more workers. The… Read more »
Richest tax on the rich
Description: New Brunswick is in the midst of an election campaign, leading up to the September 22, 2014 general election. Some have also said the province is also in the midst of a fiscal crisis, with one popular book on the province’s future using the words “Fiscal Cliff” in its title. In an effort to… Read more »
Having their say on pay
Description: Shareholders are beginning to flex a bit more muscle in Canada when it comes to executive compensation. In short, a recent survey of shareholder voting at some of Canada’s largest companies shows that voters may be aligning executive pay with return to shareholders. Source: Globe and Mail.com Date: September 7, 2014, last updated September… Read more »
The quiet merger
Labour Day is often seen as a point of transition. Cottages are closed down for the year. Camping trailers are returned to storage for the winter. Summer turns into fall. This September 1, 2014, Labour Day marked another transition of sorts in New Brunswick. September 1st this year marked the official launch of the Chartered… Read more »
What’s up with that cloud?
Cloud computing has seen a huge increase in popularity in recent years – even if we aren’t quite sure where the cloud is or what is going on there. The convenience of cloud computing, and rapidly dropping storage costs, have made it an attractive option for businesses. And with big name suppliers like Amazon and… Read more »
Bitcoin for your paycheque?
A CBC News story from September 1, noted how a a small – but increasing – number of employees are beginning to accept the online quasi-currency Bitcoin as payment for their wages. This is evidence perhaps of the growing acceptance of Bitcoin by merchants and the increasing discussion of Bitcoin currency exchanges. Bitcoin began in… Read more »
Conflict? What conflict?
From August 26th to 30th, Canada’s smallest province, Prince Edward Island, hosted the 55th annual conference of Canadian premiers. This gathering is sometimes also know as the Council of the Federation. During these sessions, the various premiers discuss issues of common interest, and they communicate with the public on the results of their deliberations through… Read more »
Welcome back to school; and welcome to more debt
Where did the summer go? That might be one of the questions both students and parents are asking themselves as students head off to campus for another year of university. Along with meeting friends – old and new – registering for classes, buying textbooks and engaging in extracurricular activities, students are buzzing around campuses already,… Read more »
Whopper of a deal: Burger King pays billions for Tims
One of the biggest Canadian business stories of the past week – if not the past year – has to be the announcement last week that Burger King and private equity firm 3G Capital are purchasing Canada’s favourite coffee chain, Tim Hortons. The price: a whopper-sized $12.5 billion. According to the National Post, the combined… Read more »