Bargain Hunter’s Delight

Posted by & filed under Financial Reporting and Analysis, Student life.

Description: Quick Pick is a bargain hunter’s delight with two locations in metro Ottawa. Quick Pick stocks items returned to online retailers like Amazon, creating value by providing a convenient way to deal with this inventory. New stock arrives every Friday, with all items starting at $25.99. Prices decline daily throughout the week, and, by… Read more »

Collusion on Beef Prices?

Posted by & filed under Managerial Accounting, Student life.

Description: News came this past week that Canadians may be getting a bit of relief on rising food prices, at least where the cost of beef is concerned. Four meat packers, which together control 85% of Canada’s beef market, face a class-action lawsuit alleging that “the price of beef was fixed at an elevated, anticompetitive… Read more »

Ask for a Raise!

Posted by & filed under Accounting Careers, Student life.

Description: With rising inflation in Canada, workers are asking for raises to keep up with the costs. If they don’t get one, they are showing an increasing willingness to move on to a new job. This change in employee outlook is quite intriguing. James Orlando, an economist at TD bank, said that “workers have not… Read more »

Where’s the Co-op Housing?

Posted by & filed under Accounting Principles, Student life.

Description: Rising rents have been a problem in many areas in Canada, adding one more log on the inflationary fire that Canadians have been experiencing. Housing co-operatives – or co-ops for short – offer an attractive alternative for controlling housing costs, where they are available. Though co-ops have operated in Canada for many years, there… Read more »

Here’s a Good News Story!

Posted by & filed under Advanced Accounting, Canadian Economy, Student life.

Description: Canada’s economy is back! Back to pre-pandemic levels that is, with Canada adding over 300,000 jobs in February, knocking the unemployment rate down to 5.5%, below what it was in March 2020, and close to Canada’s all-time low. Desjardins economist Royce Mendes noted that “businesses in accommodation and food services and information, culture and… Read more »

Steam Whistle and Beau’s Beer

Posted by & filed under Accounting Careers, Entrepreneurship, Student life.

Description: Craft brewers Beau’s and Steam Whistle, two well-known producers with popular brands, have joined forces. Last year the two companies had engaged in some cooperation on the distribution side. This latest move allows Beau’s co-founder Tim Beauchesne to transition into retirement, a sometimes tricky issue for entrepreneurs. Steam Whistle’s marketing expertise will also help… Read more »

NFT on the Museum Wall

Posted by & filed under Accounting Principles, Student life.

Description: Non-fungible tokens – or NFTs, as they are popularly called – are unique digital artworks protected through blockchain technology. As the interest in NFTs has grown, art galleries and museums have started to show these digital works as part of their collections. These crypto assets are subject to hacking and cyber crime, however, adding… Read more »

Lays vs Loblaws

Posted by & filed under Accounting Careers, Student life.

Description: Supply chain problems are starting to get personal for some snack lovers. Frito-Lay has apparently stopped shipping the treats consumers love, like Doritos and Lays brand potato chips, to Loblaw. Its all due to the fact that Loblaw has been refusing Frito-Lay’s requests to pump up its prices to cover its rising costs in… Read more »

Those $68 Mittens!

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

Description: Some Canadians are more than a bit shocked at the $68 sticker price on Lululemon’s Canadian Olympic Team winter mittens. Long gone are the $10 mittens offered to souvenir seekers by Hudsons Bay Company at the 2010 Olympics in Vancouver. But defenders of this year’s Olympic gear say Lululemon is offering a higher quality… Read more »