Another Wave

Posted by & filed under Accounting Principles, Student life.

Description: It’s another blow from the Covid crisis hitting us as 2021 winds down This latest wave of the epidemic is causing problems for schools and universities. Exams are being postponed or moved online. Public schools are closing early for the Christmas break. Amid the turmoil comes this news of the need for better ventilation… Read more »

Sweet News

Posted by & filed under Accounting Principles, Student life.

Description: I suppose you could call it sweet news: the recent announcement that the Quebec Maple Syrup Producers (QMSP) will provide the supply chain with 22.7 million kilograms of its well-known product from its strategic reserve. Quebec dominates the world market for maple syrup, controlling over 70% of global production. QMSP’s reserve is a key part of its supply… Read more »

Greyhounds for Sale

Posted by & filed under Accounting Principles, Student life.

Description: With Greyhound bus line winding down its business in Canada, the company is selling off its fleet of buses. Corporate Assets Inc. is handling the auction of 38 of these units, with the bidding scheduled for January 18, 2022. Greyhound operated in Canada for close to 100 years, and its exit may be especially… Read more »

Right to Repair

Posted by & filed under Accounting Principles, Marketing & Strategy.

Description: After sustained pressure from the so-called right to repair movement, Apple has agreed to make certain spare parts available to consumers who want to fix their own iPhones and laptops. Apple had previously resisted the notion of consumers repairing their own devices, though a couple of years ago, it opened its parts and tool… Read more »

What’s in a (Meta)Name?

Posted by & filed under Accounting Principles, Student life.

Description: Facebook founder Mark Zuckerberg has announced that his company will now be known as Meta. The move by the social media giant sure seemed to attract its own share of social media response, with Twitter showing “Zuck” and “META” trending at the top of the list. Some of the online opinion questions whether this… Read more »

Paypal & Pinterest

Posted by & filed under Accounting Principles, Advanced Accounting.

Description: The Covid crisis has been good for business at PayPal as consumers have used the online payments firm to process transactions during the boom in e-commerce during the lockdowns. Now comes word that the payments processor has an interest in Pinterest in a bid to enter the social media space. PayPal’s offer of $45… Read more »

Lumber Price Drop

Posted by & filed under Accounting Careers, Accounting Principles.

Description: During` the first 18 months of the pandemic, demand for lumber skyrocketed, driving prices through the roof. Now prices are coming back to reality and those who delayed their projects are smiling. Two-by-fours were at $12.65 on June 1. Now you can pick one up for $3.95, essentially a pre-Covid value. Date:  September 15,… Read more »

Outage at Rogers

Posted by & filed under Accounting Principles, Student life.

Description: Last Monday a software problem caused a loss of data and phone service to many customers of Rogers Communications. The loss of service hit customers in all parts of Canada, but Montreal and Southern Ontario appear to have suffered the most. The timing of the outage was particularly relevant for those who may have… Read more »

Divestment from Carbon

Posted by & filed under Accounting Principles, Student life.

Description: Ten years ago a think-tank known as the Carbon Tracker Initiative concluded that the amount of fossil-fuel reserves held by corporations was about five times greater than the amount scientists had concluded the planet could reasonably absorb. The finding, in a sense, paved the path to the divestiture movement. In these last ten years,… Read more »

Air Canada to Offer Refunds

Posted by & filed under Accounting Principles, Student life.

Description: Well, after months of public debate, Air Canada is finally prepared to offer rebates to customers whose travel plans were shelved by the Covid-19 shutdown. This policy change appears to come in the midst of negotiations for some sort of federal bailout for Air Canada in these difficult economic times. Unfortunately, there has not… Read more »