Aerospace booming in Quebec

Posted by & filed under Accounting Careers, Financial Accounting.

Description: Not that long ago Bombardier appeared in some trouble and was cutting staff. But this week Bombardier disclosed plans to hire 1,000 additional workers over the next 18 months. And it’s not just Bombardier with good news for Quebec workers. Aerospace Montreal, an industry promoter, predicted over 30,000 aerospace jobs would need to be… Read more »

How do we change the culture?

Posted by & filed under Accounting Careers, Corporate Governance.

Description: This past week a study revealed that only 5% of Canadian tech companies have been founded by females. A similar 5% have a female CEO with females representing only 13% of the executive team. Further, 53% of these tech companies had no female executives. About a month ago, the Canadian Security Administrators released a… Read more »

Layoffs at Loblaws

Posted by & filed under Accounting Careers, Managerial Accounting.

Description: Loblaws has announced that roughly 500 administrative staff will be laid off in a cost-cutting move. Loblaws stated the cost cutting is to help cope with rising costs – perhaps such as an increase in the minimum wage. As well, the company cited increasing competitive forces as another reason they had to give this… Read more »

Taxing Discounts?

Posted by & filed under Accounting Careers.

Description: As if there wasn’t enough disquiet on the taxation front, this week things went a bit wild on the whole issue of employee discounts. You know, you work at a restaurant and you get a free meal. Or perhaps you work part-time at a sporting goods store, so your boss gives you 20% off… Read more »

The hardship fund lacks funding

Posted by & filed under Accounting Careers.

Description: Sears Canada was back in the news this week as it shuttered some of its Canadian stores while keeping others open. Sears was also seeking an extension of its creditor protection to allow time to rearrange its affairs. Meanwhile, former Sears employees are recruiting legal help in trying to figure out what happened to… Read more »

Auditors have their own day now?

Posted by & filed under Accounting Careers, Auditing.

Description: I took a second look this week when a tweet from the New Zealand Office of the Auditor General told me auditors now had their own day for pride in their profession – #AuditorProud .The Office had features on why various staff members took pride in their work, describing their feelings about the profession…. Read more »

Why not millennials?

Posted by & filed under Accounting Careers, Canadian Government.

Description: It’s a bit of a mystery. The average age of new permanent employees joining the public service is 37. That seems a bit long in the tooth, don’t you think? This is causing some to conclude that millenials are avoiding the public service of Canada. This does not bode well for the level of… Read more »

Fixing the tax system

Posted by & filed under Accounting Careers, Taxation.

Description: Tax reform in Canada is a topic in the air as Conservative Party candidates vie for the leadership post and talk of tax reform under U.S. President Trump spurs conversations around Canadian competitiveness. National Post columnist Andrew Coyne contends that it has been over 30 years since Canada has seen significant tax reform. Mr…. Read more »

Using tax policy to help home buyers

Posted by & filed under Accounting Careers, Personal Tax.

Description: With an overheated housing market in Toronto, Canadian Finance Minister Bill Morneau is set to meet with provincial and municipal officials to develop ideas on how policy makers might tame this housing bubble. Tax policy offers a number of options for intervention. For example, the federal government could raise the capital gains tax on… Read more »

Role Model

Posted by & filed under Accounting Careers, International Business Operations.

Description: Janet De Silva is the CEO of the Toronto Region Board of Trade. She recently offered several key observations about her career path and success. One particular piece of advice that stands out is don’t pretend you are an expert when you take on an overseas assignment. Date: March 5, 2017 Source: theglobeandmail.com Link:¬†http://www.theglobeandmail.com/report-on-business/careers/management/janet-de-silva-one-thing-that-has-enabled-me-to-succeed-in-business-is-not-pretending-im-the-expert/article34201870/… Read more »