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 »

Food Prices Heading Up

Posted by & filed under Canadian Economy, Student life.

Description: Oh no – food prices are heading up. A family of four is predicted to have to spend an additional $500 on their food purchases in 2020. Unpredictable weather is the culprit, creating uncertainty in food production for farmers in Canada and elsewhere. Date:  December 5, 2019 Source:  cbc.ca Link: https://www.cbc.ca/news/business/climate-change-food-price-increase-report-1.5383507   Discussion points:… Read more »

Lots of Telecom Complaints

Posted by & filed under Student life.

Description: It may not be a surprise: complaints against telecom companies in Canada have hit record levels. The Commission for Complaints for Telecom-television Services (CCTS) said complaints were up 35 per cent for the year ended July 31. Bell Canada was at the top – or should that be the bottom? – with 30% of… Read more »

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 »