Retail

Episode 2: How Is the Pandemic Changing the Race to Automate?

  All of a sudden, front line workers are being treated as the heroes of this pandemic and that is only fair. Bus drivers, grocery workers, cleaners, meat plant employees – all of these people jobs that need doing and they put themselves at risk in the process. In acknowledgement of that, many e ...

President Trump suggests Negative interest rates to help economy. Its a useful suggestion that should stimulate a debate

Once again President Trump has made a useful suggestion to stimulate growth in the economy with which the chairman of the Federal Reserve disagrees. The chairman Jerome Powell has suggested that the Fed for the time being is not considering this option. But its quite possible that if excessive reluc ...

What are Canada’s de minimis thresholds for courier shipments?

When it was announced that Canada, the United States and Mexico had reached an agreement to amend the North American Free Trade Agreement (“NAFTA”), one of the important changes was an increase to the de minimis threshold, which is the monetary value of courier shipments that can enter Canada w ...

Remission Order Allows for the Relief of Customs Duty for Eligible PPE & Medical Goods

On May 6, 2020, the Canada Border Services Agency (“CBSA”) published Customs Notice 20-19 to provide information for Certain Goods Remission Order (COVID-19), SOR-2020-101 (“Remission Order”) under the Customs Tariff.  In order to help the fight against COVID-19, the Remission Order all ...

April 1, 2020

Well, now that the horrors of March are done with, I’m sure we’re all very happy to start off a bright and shiny new … well, never mind: Faced with grim new projections of the potential scale and economic ramifications of the coronavirus pandemic, investors dumped stocks on Wednesday. The ...

April 2, 2020

It was a good day for oil: Canada’s main stock index rose on Thursday, led by energy shares as crude prices posted their biggest-one day gains on record on Thursday. The Toronto Stock Exchange’s S&P/TSX Composite index finished unofficially up 221.39 points, or 1.72%, at 13,097.76. Nine of the ...

Tech Talk for Monday March 16th 2020

  The Bottom Line The “Black Swan event” continued last week. Equity markets around the world moved sharply lower. Spread of the coronavirus was a major factor. The VIX Index remained elevated at 58%. Look for more volatility this week. Early signs of a short term bottom appeared in U.S. equit ...

Spinoffs & Takeovers Hotline – Friday, March 13, 2020

BIG LOTS INC., $14.13, symbol BIG on New York, is a discount closeout retailer operating 1,402 Big Lots stores in 47 states. One-third of its locations are in California, Texas, Ohio, and Florida. The average store is 31,800 square feet and sells everything from food to furniture to toys. On March ...

Filing your clients’ 2019 taxes: what’s new and noteworthy

The Thursday, April 30 tax filing deadline for individuals is coming up fast. Here’s a summary of new limits, new rates, tax changes and new services. Tax filing season is upon us, and the first thing to note is the filing deadline: Thursday, April 30. For business owners and their spouses, the t ...

Earnings are up 10.3% at Restaurant Brands International Inc.

Improved same-store sales led to a 6.8% revenue jump for this company during the most-recent quarter. A continuing push to develop new menus and increase revenue should further enhance the firm’s international growth prospects. The stock trades at 17.7 times the company’s 2020 earnings forecast ...