Something brewing at Tims

Posted by & filed under Franchise, Managerial Accounting.

Description: Tim Horton’s franchise holders are upset with Restaurant Brands International (RBI), the famous cost-cutting owners of Tim Hortons and Burger King. The franchisees say cost cutting has gone too far, with stores now seeing inferior quality in such products as coffee pots, cup lids and trays. The Great White North Franchisee Association has been… Read more »

Westjet expands in Quebec

Posted by & filed under Corporate Strategy, Managerial Accounting.

Description: In a move that challenges rival Air Canada, WestJet has announced it is expanding operations in the Province of Quebec. Westjet is adding over 100 new flights to its roster there, hoping to draw both business and leisure travelers through lower fares. Air Canada is expected to fight back, though low fares will be… Read more »

BK expanding Canadian kingdom

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

Description: 3G Capital Management, the Brazilian firm that purchased Tim Hortons, is now turning its attention to Burger King. 3G has prided itself in seeking  improvements in other operations such as Kraft Foods, Tim Hortons and Heinz. Now it is turning its attention to helping Burger King’s performance in Canada catch up with rivals McDonalds,… Read more »

Luxury and privacy

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

Description: Last week’s news featured the rather shocking jewellery robbery at the private hotel of celebrity Kim Kardashian. In addition to all the usual reality television hype, the theft did throw a spotlight on an ‘unknown’ hotel,  L’hôtel de Pourtalè. It’s representative of a growing number of private luxury residences, attracting groups of wealthy travelers… Read more »

Ketchup wars

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

Description: Ketchup wars: kind of sounds like a college prank gone wrong doesn’t it.  Or maybe it’s a food fight down at the cafeteria. But Canada was treated to its own ketchup war this past week when social media came alive in support of French’s ketchup after Loblaw’s announced it was de-listing the product. Patriotic… Read more »

Apple vs. FBI

Posted by & filed under Corporate Strategy, Data security, Managerial Accounting.

Description: It’s a pretty big battle out there with Apple going head-to-head with the FBI over the issue of encryption. Apple CEO Tim Cook has announced that the giant corporation will not cooperate with the FBI in opening up access to the cellphone of a terrorist. Apple has concerns that opening up its encryption secrets… Read more »

Where are the savings?

Posted by & filed under Canadian governments, Managerial Accounting.

Description: Federal Auditor General Michael Ferguson released his latest report on Tuesday. One of the key findings seems to be around the relatively new department, Shared Services Canada, founded in 2012. Shared Services Canada has a mandate to consolidate various information services throughout the government’s 43 departments by 2020, but Mr. Ferguson’s work points out… Read more »

Fear of Fintech

Posted by & filed under eCommerce, Managerial Accounting.

Description: Technology disrupts. Ask the taxi drivers upset with Uber. Or the hotel owners coping with competition from Airbnb. Now the banking industry is concerned that so-called fintech startups may cause users to question the value of a relationship with a traditional bank. For example, new payment processors are offering businesses much lower transaction fees… Read more »