Rapid tests

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

Description: Air Canada has ordered 25,000 Covid-19 test kits that may be able to detect the virus in about five minutes. With the airline industry being battered as the virus dissuades passengers from flying, the test kits may offer a way to convince potential customers to take to the sky once again. A quick test… Read more »

Big Demand for Exercise Gear

Posted by & filed under Student life.

Description: The pandemic has changed a lot of things, and one of those is how Canadians are pursuing fitness goals. With gyms shut down, or operating under various restrictions, Canadians are stocking up on sports equipment for home and outdoors. The Peloton ‘smart bike’ is a popular – if pricey – choice for some, clocking… Read more »

Aid for Students

Posted by & filed under Canadian Government, Student life.

Description: On April 22, the Prime Minister announced $9 billion in assistance for students who have found their summer employment options limited, or eliminated outright, by COVID-19. With summer camps shuttered, and traditional opportunities disappearing, students will be eligible to receive $1250 per month. While some will obviously appreciate the government’s action, others may question… Read more »

On the Farm

Posted by & filed under Personal Tax, Student life.

Description: Canadian farmers are getting some help from the federal government to pay for foreign workers. Because the workers will have to be quarantined for 14 days after entering Canada, the government will provide farmers with up to $1,500 per worker to cover pay during the quarantine period. Each year about 40,000 of these agricultural… Read more »

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 »