Description: It’s probably news that Canadian dairy farmers did not want to hear. While visiting Wisconsin, U.S. President Donald Trump promised he would stand up for dairy farmers in that dairy state, criticizing current trade rules as unfair. Meanwhile, the dairy sector in Australia, New Zealand and Mexico welcomed the thought of attacking the Canadian… Read more »
Posts Categorized: Marketing & Strategy
Bad times in bumping
Description: You’ve probably seen that viral video of the passenger being dragged off of the United Airlines flight. United has been taking more than a few shots in social media on this one, and perhaps the impact will be felt on its bottom line. And in the past week or so, we have seen discussion… Read more »
Tim’s owner looking for acquisition
Description: It might be Roll-up the Rim contest time, but Tim Horton’s parent company, Restaurant Brands International, is looking for more than free coffee and doughnuts. Restaurant Brands is looking to add to its roster of Burger King and Tim’s through acquisitions. Popeye’s was rumored to be on the take-over list, but talks may have… Read more »
Trump sparks good times at the NY Times
Description: The New York Times – America’s paper of record – has seen a major jump in subscribers since Donald Trump’s election victory. In the week after Trump’s election, the Times added approximately 41,000 subscribers. This represents the largest subscriber increase since the newspaper’s paywall went into action in 2011. Date: November 17, 2016 Source:… 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 »
Canadian Tire changes course
Description: Canadian Tire is cutting its capital expenditures for 2017 as it shifts its strategic focus to online sales and away from bricks and mortar. Part of this strategy will see Canadian Tire placing increased reliance on private label brands like its Mastercraft tools. Meanwhile, investors seem to like Canadian Tire’s performance as earnings per… Read more »
Samsung’s woes
Description: Not so long ago Samsung’s Galaxy Note 7 launch was met with claims of ‘phone to beat’ status from Cnet.com. The past few days, however, have been unfriendly times for Samsung’s Note 7 with multiplying accounts of phones on fire. The latest blow: airlines banning the planes from flight. Combined with news of Samsung’s… 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 »
Profits up; time for cuts
Description: Despite the fact that profits are up, Scotiabank announced that it is cutting jobs and closing branches. With consumers moving more and more transactions online, and banks bracing for Uberization of the banking world, Scotia is looking towards an uncertain future. But Scotia is not alone. Other banks have been cutting as well, and… Read more »
And so it continues . . .
Description: And so it continues. The Blackberry bad news keeps coming, almost like the old football penalty of piling on. Despite introducing a new Android device called the Priv phone, revenue for the quarter declined. Blackberry failed to meet analysts’ revenue projections, despite this new device which combines the advantages of Blackberry’s vaunted security with… Read more »
Canadian Accounting Products
- Accounting Principles Seventh Canadian Edition
- Intermediate Accounting Eleventh Canadian Edition
- Financial Accounting: Tools for Business Decision-Making, 6th Canadian Edition
- Understanding Financial Accounting, Canadian Edition
- Managerial Accounting: Tools for Business Decision-Making, 3rd Canadian Edition
- Cost Management: Measuring, Monitoring, and Motivating Performance, Canadian Edition
- Auditing: A Practical Approach First Canadian Edition
- Advanced Accounting, Canadian Edition
- Accounting for Managers, Canadian Edition
