The other side of the story

Posted by & filed under Canadian Government, Data security, Personal Tax.

Description: Last week this space featured a discussion of a request by Statistics Canada to obtain banking information of Canadians without having approached those Canadians first. Of course, the opposition parties in Parliament were quick to criticize this apparent breach of protocol, though Statistics Canada had made efforts to brief the press beforehand. This week… Read more »

Blackberry Shares Rising

Posted by & filed under Corporate Strategy.

Description:  After years of being on death watch, Blackberry is turning things around. Financial results for the latest quarters showed a profit of over $40 million U.S. These days the company is making its money in software and its fast-growing automotive division. Hiring is up and the company is looking for 1,000 or so engineers…. Read more »

The Bug

Posted by & filed under Corporate Strategy.

Description:  The Volkswagen Beetle – often popularly known as the Bug – is on the endangered species list. Volkswagen announced last week that the final editions of the Beetle will probably roll off of the assembly line by next summer. CEO Hinrich Woebcken of Volkswagen USA did hold out a bit of hope for a revival… Read more »

He keeps on saying he’s sorry

Posted by & filed under Corporate Strategy, Data security.

Description:  It was a big week for Facebook this week as founder Mark Zuckerberg headed to Washington to say how sorry he was for the Cambridge Analytics fiasco. But as the Washington Post observed, it seems that Facebook has had a rather long history of saying “sorry” when it comes to issues of data security…. Read more »

Apple Chips

Posted by & filed under Corporate Strategy.

Description:  Apple is planning on making its own chips for its Mac computers, perhaps dropping Intel as a supplier. Apple reportedly is responsible for about 5% of Intel’s revenue. By producing its own chips for Macs, Apple could gain the advantage of better integration between its various offerings of hardware and software. Date: April 2, 2018… Read more »

Equifax insider

Posted by & filed under Data security, Ethics.

Description: Many of us recall the Equifax data hack last year. Approximately 150 million consumers may have had their private data fall into the hands of the hackers. And many were shocked to hear last year that Equifax waited a number of weeks before revealing the security breach to the public. Now we are finding… Read more »

Get off that phone!

Posted by & filed under Corporate Strategy, Student life.

Description: A recent survey indicates that 28 % of Canadians spend two hours or more on their smartphones each day. The rate jumps to approximately 50% for users between 18 and 34. Investors and others are urging phone makers – like giants Apple and Samsung – to do more to address the subject of smartphone… Read more »

Swooping in

Posted by & filed under Corporate Strategy.

Description: Westjet Airlines, known for innovation in the industry, is entering the ultra low cost carrier (ULCC) by introducing its subsidiary Swoop. Come June 2018, you will be able to fly this new airline with the hot-pink Swoop logo for only $69 between Hamilton and Winnipeg. Don’t expect any frills though. You will pay for… Read more »

Nutrien benefits Saskatchewan

Posted by & filed under Corporate Strategy.

Description: The merger of Potash Corp and Agrium Inc is complete and the new company, Nutrien Ltd, started trading its shares this week. The new mega-enterprise stated the merger was to help it compete in face of declining prices in the potash business. But some Saskatchewan politicians fear that the merger might mean that good… Read more »

What keeps you up at night?

Posted by & filed under Data security.

Description: Household debt. Inflation. A recession. All these are among the things that could trouble the governor of the Bank of Canada, Stephen Poloz. But among the list of things that could keep him up at night, CTV news says Governor Poloz fears a cyber attack focused on the financial system as possibly number one…. Read more »