Description: The Government of Canada is offering $13 billion in subsidies to Volkswagen to build the first auto battery plant in North America. The federal assistance is to be delivered through tax subsidies, contingent upon Volkswagen meeting agreed upon output targets. VW’s planned plant in St. Thomas, Ontario, is slated to open in 2027. It’s… Read more »
Posts Categorized: Accounting Careers
Meteorite Money
Description: Sonic booms and a bright fireball that could be seen in broad daylight marked the crashing meteor that left a trail somewhere near the Maine-New Brunswick border last Saturday. And now, all you have to do is find a one kilogram piece of the space rock in the woods to earn yourself a $25,000… Read more »
A Tough End to the School Year
Description: In my small university town, Sackville, New Brunswick, Friday saw a tough end to the university year as a major fire not only left several Mount Allison University students and a university staff member homeless, it also wiped out a major social landmark by destroying Joey’s Pizza and Pasta, a restaurant favoured by students,… Read more »
The PPE Suppliers Disappear
Description: In the early days of the SARS-Cov-2 pandemic, many Canadian companies responded to the requests from the federal and various provincial governments to help fill the need for personal protective equipment (PPE) for our health care workers. But now 90% of those businesses have collapsed as Canadian governments and hospitals have inked contracts with… Read more »
Big Win? Or No Win?
Description: When Luc Massé of Shediac, New Brunswick, rolled up his rim for the first time this year playing Tim Horton’s annual contest, he was surprised to see a big win of a $10,000 American Express prepaid card. Massé smartly took a screen shot of the prize notification and began to dream of a trip… Read more »
“Beyond Frustrating”
Description: The Government of Canada is scrambling to collect payroll over-payments from thousands of its employees before it runs out of time. These over-payments were generated by the much-maligned Phoenix payroll system, and, the statute of limitations to recover these amounts expires after six years. Phoenix went live in 2016 and problems with pay were… Read more »
Indigo Hit
Description: Indigo Books and Music has a new website up and running following a recent cyberattack. But in this temporary site, Indigo says you can only “window-shop online.” You may browse, but if you find an item that interests you, you will need to go to an Indigo or Chapters store to purchase it. Indigo… Read more »
Google Layoffs Hit Canada
Description: Google has announced that it is laying off 12,000 workers worldwide. The impact is being felt in Canada, although the extent of job loss here was not immediately evident. Google joins other big tech companies in the layoff trend as Amazon, Microsoft, and Meta have handed out notices to employees in recent weeks. Sundar… Read more »
What’s Going on With Quiet Quitting These Days?
Description: Last year we started to hear a lot about the phenomenon of quiet quitting: the notion of employees kind of signing-out mentally even if they were still present in the workplace, all as a means of dealing with various discontents in the workplace. A new Gallup survey shows that the rate of highly-engaged employees… Read more »
Retired – With a Mortgage?
Description: High home prices have been bad news for many younger Canadians starting on the home ownership and career journey. But these increased costs have also created stress for older Canadians as they enter the uncharted territory of carrying a mortgage into retirement. Dan Hallett, a financial planner, says “It’s certainly not ideal,” to enter… 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