Description: A new report from the Organization for Economic Co-operation and Development (OECD) concludes the middle class is shrinking. Even worse for Canada, our middle class seems to be faring a bit worse than those in other nations studied. As noted by OECD’s chief of staff, Gabriela Ramos, “The middle class is at the core… Read more »
Posts Categorized: Accounting Careers
Most entrepreneurial cities
Description: It’s not Toronto, or Vancouver. I’m afraid to tell you that those two don’t even make the top ten list. No, according to the Canadian Federation of Independent Business (CFIB), Canada’s most entrepreneurial city is Whitehorse, closely followed by Winkler, Manitoba. There appears to be no one single factor that trumps all others in… Read more »
More money for OAGNB
Description: The Canadian Taxpayers Federation usually is not in the habit of praising a government for spending more money. This past week, however, the Federation did react positively to the news that the Office of the Auditor General of New Brunswick would be receiving an extra $1 million in its budget for 2019-20. This… Read more »
The most common household
Description: Did you know the most common type of household in Canada is now “solo?” Approximately four million Canadians are living alone, a huge increase from the early 1980s when the number was closer to 1.7 million. Grocers are moving to respond, with an increase in single serve offerings. Travel companies like Air Canada, Transat… Read more »
Don’t pass the Heinz
Description: After a pretty good start following a 2015 merger of food giants Kraft and Heinz, it looks as if now the bloom may be off the rose. Company shares recently dropped twenty percent with concern in the market about slow growth and changes in consumer tastes. Some have wondered if the cost-cutting regime imposed by… Read more »
MLAs looking for answers
Description: Nova Scotia MLAs on the Public Accounts Committee were looking for answers this week in terms of what had gone wrong at the IWK Health Centre. Several months ago the former CEO and CFO of the region’s largest children’s hospital were charged for their handling of expense account issues. In further questioning, MLAs zeroed… Read more »
That thin $200 line
Description: It’s a pretty thin line separating about half of Canadians from financial pain. CTV Winnipeg reported that close to half of Canadians are within $200 of insolvency when the end of the month rolls around. About 40% of Canadians foresee that they will be going deeper into debt this year to cover off their… Read more »
Why a retirement crisis?
Description: The popular theory is that Canadians are starting their savings plan for retirement too late, and thus they are not putting enough in the bank for the days when they will no longer be working. A new survey is showing though that procrastination may not be the biggest problem people have in trying to… Read more »
Snow plow woes
Description: So they have large and expensive houses there on Yacht Haven Lane in Saint John, New Brunswick, and so of course they pay their fair share of property taxes. You can imagine then, that the Yacht Haven Lane residents would expect the City to plow their road. But years ago, when the property developer,… Read more »
Problems at GE
Description: For many years, General Electric (GE) was a darling of the stock market, hitting target after target and pursuing solid growth. But now, analysts are sounding alarm bells. There are liquidity concerns about GE, as well as an ongoing investigation of its insurance business. In addition, there may be possible tax issues to deal… Read more »
Canadian Accounting Products
- Accounting Principles Seventh Canadian Edition
- Intermediate Accounting Eleventh Canadian Edition
- Financial Accounting: Tools for Business Decision-Making, 7th Canadian Edition
- Understanding Financial Accounting, Canadian Edition
- Managerial Accounting: Tools for Business Decision-Making, 3rd Canadian Edition
- Cost Management: Measuring, Monitoring, and Motivating Performance, Canadian Edition
- Auditing: A Practical Approach Second Canadian Edition
- Auditing: A Practical Approach Extended Canadian Edition
- Advanced Accounting, Canadian Edition
- Accounting for Managers, Canadian Edition
