BlackBerry takeover offer buys company time

Posted by & filed under Accounting Careers, Canadian Economy, Corporate Restructuring, Financial Accounting, Managerial Accounting, Marketing & Strategy.

Fairfax Financial-led consortium offering $9 US for each BlackBerry share Fairfax Financial chairman and CEO Prem Watsa speaks at the company’s annual general meeting in Toronto in April 2013. A takeover is necessary to give battered BlackBerry the time it needs to get itself back in order, company watchers say. On Monday, BlackBerry said a consortium… Read more »

China Offers Opportunities and Challenges for Canadian Companies

Posted by & filed under Accounting Careers, Canadian Economy, International Accounting, International Business Operations, Marketing & Strategy.

International Business Opportunities in China: A new survey by the Asia Pacific Foundation (APF) of Canada highlights the opportunities and challenges Canadian companies face while doing business in China.   APF Canada, a Vancouver-based non-profit think tank on Canada-Asia relations, launched the survey examining how Canadian companies perform in the world’s most populous country as… Read more »

Canada ranked among top 5 best places to start business

Posted by & filed under Canadian Economy.

Ernst & Young report says climate for entrepreneurs improving Fostering Entrepreneurship:  Click to  Listen to the audio Click to view the  CBC Video on the Canadian Business Entrepreneurship Barometer Canadian Business Climate: Canada’s climate for entrepreneurs is improving, with management consulting firm Ernst & Young ranking Canada among the top five places in the world… Read more »

PepsiCo follows Coca-Cola with custom drink machines

Posted by & filed under Corporate Restructuring, Marketing & Strategy.

Marketing Strategy     Coke vs. Pepsi   PepsiCo says it plans to start testing a new fountain machine at restaurants that lets people create a variety of flavor combinations, such as strawberry Mountain Dew. The test follows Coca-Cola’s introduction in 2009 of its Freestyle machine, which also lets customers touch a screen to pick from a… Read more »

Why do Canadians pay more? It’s complicated

Posted by & filed under Canadian Economy.

Bank of Canada governor Mark Carney gave many reasons why Canadian retail prices are often higher than American prices, but he thinks some relief may be on the way, thanks to the expansion of new American retailers into Canada. Carney was testifying Wednesday night before a Senate committee studying the difference between the cost of… Read more »

Canada says good-bye to penny

Posted by & filed under Canadian Economy.

Good-Bye Penny! Effective February 4, 2013, the Canadian government will not distribute any more pennies and that may mean you may lose or earn a few pennies when making purchases in cash. Cost Benefit Analysis As part of the its Economic Action Plan 2012, the government announced that the Royal Canadian Mint will cease distribution… Read more »

Managing the message: Canada’s new anti-spam law sets a high bar

Posted by & filed under Accounting Careers, Advanced Accounting, Canadian Economy, Corporate Restructuring.

Managing the message: Canada’s new anti-spam law sets a high bar New laws target electronic communications Canada’s Anti-Spam Law  (CASL), expected to come into force in 2013, will be one of the toughest of its kind in the world. Texts, tweets, Facebook posts and emails will all fall under its purview. In fact, CASL and… Read more »

Succeeding in Turbulent Times

Posted by & filed under Canadian Economy, Managerial Accounting.

Succeeding in Turbulent Times The credit crisis is just one of several factors influencing Canadian companies today. The Canadian dollar, rising energy costs, pressure from off-shore competitors and the economic slowdown in North America are also contributing to widespread economic uncertainty; creating challenges and opportunities and a need for businesses to focus on value preservation… Read more »

Reducing tax complexity a key to economic recovery: CICA

Posted by & filed under Accounting Careers, Taxation & Planning.

Reducing tax complexity a key to economic recovery The Canadian Institute of Chartered Accountants (CICA) today (Oct. 23, 2012) in Ottawa outlined what it views as priorities for the next federal budget if the country is to experience economic growth, job creation and enhanced competitiveness. Gabe Hayos, the CICA’s vice-president of taxation, told the House… Read more »

Online trading: Who’s the cheapest discount broker?

Posted by & filed under Financial Reporting and Analysis, Uncategorized.

Online Brokers:  Everyone is interested in investing in stocks! Remember to be careful and do your research before investing. There is a high demand for the new facebood IPO (initial public offering) Should mention that the first factor of guessing at the future trends of an industry is something that investors generally do not do… Read more »