Canada Goose Down

Posted by & filed under Financial Accounting, Student life.

Description: The sales are up but the stock price is down. High-end winter coat supplier Canada Goose is continuing its sales success with some sizes and styles selling out, despite sticker prices upwards of $1,500. This success is driving sales and profits upwards. But this past Thursday the Canada goose stock dropped 15%. Perhaps even… Read more »

A $5 million comma

Posted by & filed under Financial Accounting, Student life.

Description: Drivers at Oakhurst Dairy in the State of Maine are happy about a missing comma. Oakhurst Dairy has agreed to pay the drivers $5 million in overtime pay to settle a dispute over whether or not the dairy industry was exempt from the overtime provisions of a State law. Drivers had claimed the placement… Read more »

Up go the interest rates

Posted by & filed under Canadian Economy, Student life.

Description: The major banks in Canada have raised their interest rates following the Bank of Canada’s third recent increase in its lending rate to 1.25%. With positive economic growth and healthy employment levels, the Bank of Canada believed it was a suitable time to raise rates. Lurking in the background, however, is the possibility of… Read more »

Points card combo

Posted by & filed under Financial Accounting, Student life.

Description: If you are a dedicated points saver, you are probably carrying an array of plastic cards in your wallet or apps or your phone to ensure you don’t miss out on opportunities to earn free stuff from participating merchants. This week you may have welcomed the announcement that Loblaws and Shoppers Drug Mart are… Read more »

Sad day for Canadian Music

Posted by & filed under Financial Accounting, Student life.

Description: It was a sad day for Canadian music on Wednesday as we found out about the death of Tragically Hip front-man Gord Downie.  At only 53 years old he leaves behind a family, friends and many, many fans. He used his own experience with a brain tumor to raise awareness around a deadly form… Read more »

Bad times in bumping

Posted by & filed under Ethics, Marketing & Strategy, Student life.

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 »

A budget for science?

Posted by & filed under Canadian Government, Student life.

Description: This week’s federal budget had a number of interesting measures, and one that seems to be very strategic is the announcement of close to $118 million in funding for 25 research chairs in an effort to recruit “top-tier international scholars.” Following the U.S. election and the earlier Brexit vote in Britain, the promise of… Read more »