And speaking of corruption . . .

Posted by & filed under Accounting Careers, Auditing, Canadian Economy, Canadian Government, Ethics, Financial Reporting and Analysis.

Description: Canadian companies have been lobbying the federal government to delay implementing its new anti-corruption rules. Public Works and Government Services Canada has been threatening to de-list suppliers – including major names such as HP and Siemens – for up to 10 years because of convictions for corruption in foreign countries. Public Works points out… Read more »

K-cup versus Club

Posted by & filed under Canadian Economy, Financial Accounting, Marketing & Strategy, Student life.

Description:  They’ve transformed the coffee world, these single-serve brewing units like Kuerig and Tassimo. And now a Toronto company, Club Coffee LP, is suing Kuerig Green Mountain Inc for alleged anti-competitive practices. Club Coffee makes its own pods which are compatible with the Kuerig machines. And the patent on the K-Cup technology has expired. But… Read more »

Blackberry: Passport to a future?

Posted by & filed under Advanced Accounting, Auditing, Canadian Economy, Financial Accounting.

Description:  It was a big news week for Blackberry. First, the struggling technology company released a new handset called the Passport. Then, Blackberry announced its second quarter results. Although the company continues to lose money, its loss of 2 cents per share was considerably lower than the 16 cents per share anticipated by analysts. Source:… Read more »

Rule #1: Get re-elected

Posted by & filed under Canadian Economy, Public Finance.

Description: Former Nova Scotia Finance Minister, Graham Steele, has released a book describing his time in politics. Steele tells his readers of his deep disillusionment with the political experience. The Rhodes Scholar leaves the reader with a list of  rules from the rough and tumble game of politics. Rule #1: Get re-elected Source: CBC.com Date:… Read more »

Richest tax on the rich

Posted by & filed under Accounting Principles, Advanced Accounting, Canadian Economy, Canadian governments, Personal Tax, Tax Planning.

Description: New Brunswick is in the midst of an election campaign, leading up to the September 22, 2014 general election. Some have also said the province is also in the midst of a fiscal crisis, with one popular book on the province’s future using the words “Fiscal Cliff” in its title. In an effort to… Read more »

Conflict? What conflict?

Posted by & filed under Auditing, Canadian Economy, Canadian governments.

From August 26th to 30th, Canada’s smallest province, Prince Edward Island,  hosted the 55th annual conference of Canadian premiers.  This gathering is sometimes also know as the Council of the Federation. During these sessions, the various premiers discuss issues of common interest, and they communicate with the public on the results of their deliberations through… Read more »

Whopper of a deal: Burger King pays billions for Tims

Posted by & filed under Accounting Principles, Advanced Accounting, Canadian Economy.

One of the biggest Canadian business stories of the past week – if not the past year – has to be the announcement last week that Burger King and private equity firm 3G Capital are purchasing Canada’s favourite coffee chain, Tim Hortons. The price: a whopper-sized $12.5 billion. According to the National Post, the combined… Read more »