Subway Cuts the Mustard

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

Description: Subway restaurants in Canada may have given a whole new meaning to the phrase “cut the mustard” as disappointed sandwich consumers are finding their favourite condiment is disappearing from the popular franchise. Dalhousie University’s Sylvain Charlebois notes that demand for the flavourful yellow topping has been declining while other sauces and marinades helped push… Read more »

The Big Owe

Posted by & filed under Financial Accounting.

Description: The “Big Owe” is a nickname long associated with Montreal’s Olympic Stadium, given its history of cost overruns and other issues. The original retractable roof had been a source of problems, and the stadium has not been available for winter events for quite some time. But now, rather than pursue the option of a… Read more »

We’re #10!

Posted by & filed under Accounting Careers, Financial Accounting.

Description: Air Canada ranked tenth – i.e. last – for on-time performance among ten North American airlines. Westjet came in at seventh place, while Delta finished first overall. Industry watcher John Lawford of the Public Interest Advocacy Centre suggested this poor result “would seem to be a good wake up call for Air Canada.” Date:… Read more »

Air Canada Trying to Settle

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

Description: Air Canada has been offering disgruntled customers cash or vouchers to settle their claims for travel interruptions. Thousands of Canadians have taken their disputes with Air Canada to the Canadian Transportation Agency (CTA), piling up a backlog of over 60,000 claims for compensation for disrupted travel and other matters. Air Canada maintains it pays… Read more »

Air Canada Centre Renos

Posted by & filed under Financial Accounting.

Description: If you happen to be one of the fortunate fans to have had a ticket to Wednesday’s NHL season opener for the Leafs and the Habs, you may have noticed the new beer stand where you swipe your way in with a credit card, then AI tracks what you pick up, before charging your… Read more »

Birkenstock Now Public

Posted by & filed under Financial Accounting, IPO.

Description: Those comfortable Birkenstock sandals have been a favourite of many consumers for years, often symbolizing a counter-culture outfit. The arch-supporting footwear has been made in Germany since 1774, but this past week Birkenstock stock was publicly traded on the New York Stock Exchange for the first time. The initial public offering (IPO) brought in… Read more »

A Tiny Step

Posted by & filed under Financial Accounting, Student life.

Description: Vancouver-based holding company Tiny has stepped into the film space by acquiring 60% of the shares of Letterboxd. Letterboxd is a film rating service that also allows users to develop a diary of their film experiences. Letterboxd has over 10 million users, including a number of celebrities. Date:  September 29, 2023 Source:  ctvnews.ca  Link:… Read more »

Moneris Back Online

Posted by & filed under Financial Accounting.

Description: A service outage by online payment processor Moneris on Saturday caused all sorts of problems for retailers and their customers. Darren Leroux of Moneris said that the system outage was approximately 90 minutes, impacting both debit and credit payments. Moneris indicated that this outage did not appear to be related to any sort of… Read more »