Summer Jobs

Posted by & filed under Accounting Careers, Student life.

Description: The COVID-19 virus has created havoc in the summer job market for students. Regular summer jobs are disappearing, as well as positions for student practicums and co-op opportunities. The loss of practicums is especially concerning as they are often required for graduation from certain programs. The Prime Minister has responded that the federal government… Read more »

What About my Credit Card?

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

Description: A number of measures have already been put in place to help Canadian consumers deal with the economic impacts from the COVID-19 virus. But, so far, those high credit card interest rates don’t appear to have been touched. With Canadians facing outright unemployment or reductions in hours worked, a break on credit card rates… Read more »

Zoom With Care

Posted by & filed under Data security, Financial Accounting, Student life.

Description: Business, schools, and individuals have been quickly learning all about the Zoom, the software that has allowed many to link live with friends and colleagues during this time of social distancing. You should be aware, however, that hackers see Zoom as a new opportunity to mess with you and your data. The Toronto Star… Read more »

Flames to the Rescue

Posted by & filed under Student life.

Description: During this highly unusual situation with COVID-19, we have seen the sudden interruption of various professional sports seasons. This has left many part-time employees who worked in arenas and sports venues without work. In Calgary, the NHL Flames had originally taken the stance that the employees who weren’t working would not be paid. But… Read more »

Truck Driver Shortage

Posted by & filed under Student life.

Description: It was hard to find a business story this week that wasn’t about the corona virus. But, here’s one: officials are worried about a massive shortage of truck drivers to move goods across North America. According to a recent report, Canada is short 20,000 drivers. It seems like the self-driving vehicles won’t be bailing… Read more »

Data Rates

Posted by & filed under Student life.

Description: The federal government has told Canada’s big 3 telecoms – Bell, Rogers, and Telus – to cut their cellphone rates by 25%, or else. Innovation, Science and Industry Minister Navdeep Bains told the companies that if they don’t take action within two years, then the politicians will step in to force them to. On the… Read more »

Google Expanding in Canada

Posted by & filed under Student life.

Description: Tech giant Google is expanding its operations in Canada, building 3 new facilities to accommodate 5,000 employees by 2022. Toronto, Montreal, and Kitchener-Waterloo will be the big beneficiaries of this move. Things have come a long way since the time when the company hired its first Canadian employee in 2001, opening an office of… Read more »

The Cost of Promises

Posted by & filed under Personal Tax, Student life.

Description: During the recent federal election campaign, the Liberal party promised to increase the basic personal deduction on our income taxes, saying it would lift thousands of Canadians out of poverty. But, of course, somebody has to pay. And now the Parliamentary Budget Office is saying these deductions will cost the federal government $21 billion… Read more »

Western’s Benefactor Dies

Posted by & filed under Personal Tax, Student life.

Description: Richard Ivey, a well-known Canadian philanthropist, has died. Students may recognize the Ivey name for the Ivey Business School at Western University. The Ivey Foundation has donated over $100 million to various causes since it was founded by Richard Ivey’s father – also named Richard Ivey – in 1947. Date:  December 31, 2019 Source: … Read more »