French’s kept their new fans

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

Description:  About three years ago this space covered the social-media backlash against Loblaw when they tried to delist French’s ketchup. Canadians rallied to support French’s, a company that reopened a padlocked plant in Leamington, Ontario, after ketchup giant Heinz pulled out of town. Canadians seem to be liking what they are tasting from French’s, indicating… Read more »

The college entrance scam

Posted by & filed under Ethics, Student life.

Description:   Did you hear the news this past week about the college entrance scam? About 50 people – including an Academy Award nominee – were arrested in the United States for their roles in gaming the admissions system at elite schools, all with the aid of William Rick Singer. Singer, in exchange for healthy sums… Read more »

The most common household

Posted by & filed under Accounting Careers, Student life.

Description:   Did you know the most common type of household in Canada is now “solo?” Approximately four million Canadians are living alone, a huge increase from the early 1980s when the number was closer to 1.7 million. Grocers are moving to respond, with an increase in single serve offerings. Travel companies like Air Canada, Transat… Read more »

That thin $200 line

Posted by & filed under Accounting Careers, Student life.

Description:  It’s a pretty thin line separating about half of Canadians from financial pain. CTV Winnipeg reported that close to half of Canadians are within $200 of insolvency when the end of the month rolls around. About 40% of Canadians foresee that they will be going deeper into debt this year to cover off their… Read more »

Unemployment’s down; Why aren’t wages up?

Posted by & filed under Canadian Economy, Student life.

Description:  Unemployment in Canada has hit its lowest rate in forty years. The curious thing though, is that wages are not rising, in contradiction to our understanding of demand and supply. So, we seem to be faced with a case of good news/bad news. Though an increase in jobs is a very good thing, Manulife Asset… Read more »

We’re carrying a lot of debt!

Posted by & filed under Canadian Economy, Student life.

Description:  Canadians are carrying a lot of debt. Canadians debt ratios now sit at 169% of disposable income of households. In 2006 the ratio was at 132%. Canada’s central bank is concerned that the consumer debt issue could put the economy in trouble as the low interest rates of the past few years creep higher…. Read more »

Caught them napping

Posted by & filed under Accounting Careers, Student life.

Description:  According to a recent survey by Robert Half, over three-quarters of Canadians are tired at work on a fairly regular basis. If you are tired, it is more difficult to put in a strong effort at work. More mistakes can happen. Profits could suffer. Productivity catalyst Clare Kumar argues that both management and the… Read more »

Signing Starbucks

Posted by & filed under Corporate Social Responsibility, Student life.

Description:  In a bold move, Starbucks had opened a location in Washington, D.C. where customers can order using American Sign Language. The store is located near to Gallaudet University, a preeminent institution for the deaf and hard of hearing student population. Other features to enable better communication include two-way consoles that will permit customers to… Read more »

The Wealthy Barber

Posted by & filed under Accounting Careers, Student life.

Description:  Rob Carrick, the Globe and Mail’s personal finance columnist, has helped a lot of Canadians improve their financial literacy. In a recent column, he answered a question from a grandmother wanting to know what personal finance book to purchase for her grandson.  Carrick’s answer: David Chilton’s The Wealthy Barber. The book is almost thirty years… Read more »

Death Spiral

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

Description:  The Globe and Mail is saying New Brunswick is in a ‘death spiral’ financially. The problem is that the tiny province is in the last stages of an election campaign and none of the political leaders really seems to be seriously engaging the issue. In the past ten years, New Brunswick has basically doubled… Read more »