Target Stores & Neiman Marcus are latest victims of security breach

Posted by & filed under Canadian Economy, Fraud.

  Neiman Marcus is latest victim of security breach Neiman Marcus confirmed Saturday, Jan. 11, 2014 that thieves may have stolen customers’ credit and debit card information and made unauthorized charges over the holiday season, becoming the second retailer in recent weeks to announce it had fallen victim to a cyber-security attack. (M. Spencer Green/Associated… Read more »

Black Friday deals no guarantee of retail bonanza

Posted by & filed under Canadian Economy, Marketing & Strategy.

Canadian retailers are pulling out more stops this year to lure bargain hunters on Black Friday, but the promotional blitz may not reap the bottom line rewards many stores are hoping for. From B.C. to the Atlantic Provinces, malls are opening before sunrise as the U.S. shopping phenomenon pegged to the day after American Thanksgiving makes further… Read more »

5 Canadian consumer trends to shape the future of retail

Posted by & filed under Canadian Economy, Marketing & Strategy.

Canadians consumers are increasingly looking for healthy and locally made products, according to a new study from the Business Development Bank of Canada that identifies five trends shaping consumer behaviour. A BDC study just released looks at the increasing importance of the internet in decision-making, with half of consumers conducting an online search prior to… Read more »

What’s trending today in Accounting & Finance?

Posted by & filed under Accounting Careers, Canadian Economy, Corporate Social Responsibility, CPA, Financial Accounting, Fraud, IFRS, International Accounting, Taxation.

These are dynamic days for the profession and opportunities abound. Here’s everything you’ve ever wanted to know about best bets for jobs About six years ago Cathy Logue, an accountant by trade, and her two business partners launched Ambit Search in Toronto. The boutique executive recruiting firm is focused exclusively on filling finance and accounting… Read more »

BlackBerry takeover offer buys company time

Posted by & filed under Accounting Careers, Canadian Economy, Corporate Restructuring, Financial Accounting, Managerial Accounting, Marketing & Strategy.

Fairfax Financial-led consortium offering $9 US for each BlackBerry share Fairfax Financial chairman and CEO Prem Watsa speaks at the company’s annual general meeting in Toronto in April 2013. A takeover is necessary to give battered BlackBerry the time it needs to get itself back in order, company watchers say. On Monday, BlackBerry said a consortium… Read more »

China Offers Opportunities and Challenges for Canadian Companies

Posted by & filed under Accounting Careers, Canadian Economy, International Accounting, International Business Operations, Marketing & Strategy.

International Business Opportunities in China: A new survey by the Asia Pacific Foundation (APF) of Canada highlights the opportunities and challenges Canadian companies face while doing business in China.   APF Canada, a Vancouver-based non-profit think tank on Canada-Asia relations, launched the survey examining how Canadian companies perform in the world’s most populous country as… Read more »

Canada ranked among top 5 best places to start business

Posted by & filed under Canadian Economy.

Ernst & Young report says climate for entrepreneurs improving Fostering Entrepreneurship:  Click to  Listen to the audio Click to view the  CBC Video on the Canadian Business Entrepreneurship Barometer Canadian Business Climate: Canada’s climate for entrepreneurs is improving, with management consulting firm Ernst & Young ranking Canada among the top five places in the world… Read more »

Why do Canadians pay more? It’s complicated

Posted by & filed under Canadian Economy.

Bank of Canada governor Mark Carney gave many reasons why Canadian retail prices are often higher than American prices, but he thinks some relief may be on the way, thanks to the expansion of new American retailers into Canada. Carney was testifying Wednesday night before a Senate committee studying the difference between the cost of… Read more »