Description: Welcome back to another academic year of Wiley’s Weekly Accounting Updates. And if you are at Dalhousie University (or King’s College) in Halifax, you might find your welcome back to campus has been accompanied by the presence of the Halifax police. A police program in force since 2004 sees enhanced patrols around the two… Read more »
Posts Categorized: Managerial Accounting
Something brewing at Tims
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
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
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
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
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 »
Slimmed down cable
Description: March 1 was supposed to be a good day for cable subscribers. That was the day the cable providers were supposed to start providing a basic cable package for $25 a month – a so-called ‘skinny’ package. Consumers could then bulk up their package by choosing individual channels rather than packages designed by the… Read more »
Apple vs. FBI
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 »
Take back that bookshelf
Description: Lots of us love IKEA. And now comes word that IKEA is looking at a program that will let you take back your old IKEA furniture to the store to receive credit on new purchases. Your old stuff will be resold or recycled, adding a big environmental benefit to the program as well as… Read more »
Where are the savings?
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 »