Out of stock!

Posted by & filed under Accounting Careers, Managerial Accounting.

Description:  How did this happen? So, you’ve probably heard that marijuana has been legalized and there are now a variety of ways to buy it, depending on where you live. But in New Brunswick, where the government has chosen a Crown corporation model, at least 12 of the roughly twenty Cannabis NB stores were shut… Read more »

5G Pressure

Posted by & filed under Accounting Principles, Managerial Accounting.

Description:  In Canada right now there are about 33,000 cellphone towers. That may seem like a lot, but with telecommunications providers moving towards 5G networks, estimates have it that Canada will need over 270,000 so-called small cells in the next few years. These devices, about the size of a briefcase, are intended for placement in… Read more »

No time for education

Posted by & filed under Managerial Accounting.

Description:  A report this week in the Toronto Star discussed the disturbing findings of a survey showing that principals don’t have time to dedicate to improving education. It appears that too much time is eaten up by the day-to-day management of buildings and other administrative tasks. According to the Star, Annie Kidder of the group People… Read more »

Nike boosts Colin Kaepernick

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

Description:  This past week saw the start of the NFL season. It also saw Nike jumping into the middle of the storm surrounding quarterback Colin Kaepernick by including him as the central figure in a new advertising campaign. Colin Kaepernick has been  a figure of some controversy, given his practice of not standing for the national… Read more »

Sustainable Kisses

Posted by & filed under Managerial Accounting.

Description:  Chocolate giant Hershey is spending $500 million in an effort to make its business practices more sustainable. In a program it is calling Cocoa for Good, Hershey wants to direct this half-billion in funding through 2030 to reduce child labour and to increase the sustainability of cocoa supplies. Hershey currently sources 75 per cent… Read more »

The trouble at Tims

Posted by & filed under Contemporary Business Issues, Managerial Accounting.

Description: I wonder if they had to do it over again if they may have handled things differently? Tim Hortons, that is. With store owners implementing unpopular cost-cutting policies in the wake of Ontario’s bump in the minimum wage rate, Canadians have taken to holding protests outside of Canada’s favourite coffee shop. Dalhousie University professor… Read more »

Feeding the Bitcoin Generator

Posted by & filed under eCommerce, Managerial Accounting.

Description: With Bitcoin grabbing so many headlines lately with its dramatic rise in price, accompanied by a fall back towards $10,000 per unit, some are focusing attention on the costs of creating it. The so-called mining process that generates new bitcoin requires a shocking amount of computer power with some miners setting up server farms… Read more »

Layoffs at Loblaws

Posted by & filed under Accounting Careers, Managerial Accounting.

Description: Loblaws has announced that roughly 500 administrative staff will be laid off in a cost-cutting move. Loblaws stated the cost cutting is to help cope with rising costs – perhaps such as an increase in the minimum wage. As well, the company cited increasing competitive forces as another reason they had to give this… Read more »