Climate March

Posted by & filed under Student life, Sustainable Development.

Description: At the Ottawa climate march Friday, they said the crowds were larger than those on Canada Day. In cities across Canada and around the world, students left classes to join in climate marches to protest the direction the world is headed in this era of climate change. Swedish activist Greta Thunberg has been inspiring… Read more »

Quit Looking

Posted by & filed under Managerial Accounting, Student life.

Description: If you wanted one of those Beyond Meat sandwiches from Tim Horton’s, quit looking, unless you live in Ontario or BC. The coffee chain said the product had been offered as a market test. Significant uptake in Ontario and BC has prompted management to keep Beyond Meat in those two jurisdictions while pulling it… Read more »

Hey! It Folds!

Posted by & filed under Financial Accounting, Student life.

Description: Friday Samsung launched its new foldable smartphone. The Galaxy Fold is available in South Korea right now, but within a couple of weeks you can find one in France, Britain. Samsung wanted to have the phone on the market months ago, but tech reviewers found a number of issues with the foldable screen. Date:… Read more »

New Jobs in Canada

Posted by & filed under Contemporary Business Issues, Student life.

Description: You may have noticed this – 81,000 new jobs were created in in August in Canada. A high number of the jobs were in the service sector and were secured by young Canadians. The unemployment rate of 5.7% is close to its lowest level in 40 years. Date:  September 6, 2019 Source:  globalnews.com Link: https://globalnews.ca/news/5864444/canada-jobs-report-august-2019/… Read more »

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 »