Description: Beginning next month, Air Canada will offer WiFi on few North American flights, with a plan to have WiFi on all North American flights by end of next year. Air Canada has little choice given that other competitor Airlines are also offering similar services. Source: Business News Network Date: April 09, 2014 Link: http://www.bnn.ca/News/2014/4/9/Air-Canada-to-begin-WiFi-service-next-month.aspx… Read more »
Posts By: tonym
CBC to cut 657 jobs and $130 million from its budget
Description: After losing the right to “Hockey Night in Canada” to Rogers Media last year, CBC’s president, Hubert Lacroix, recently announced that CBC will slash 657 full-time positions over two years, shave $130 million from its 2014-15 budget, and will no longer pursue sports broadcasting rights. Source: Canadian Business Date: April 10, 2014 Link: http://www.canadianbusiness.com/business-news/cbc-cuts-657-jobs-and-slashes-130-million-from-its-budget/… Read more »
Should McDonald’s leave Russia?
Description: In the wake of political conflict in Crimea, several western companies decided to close shops in Crimea. McDonald’s closed its three locations in Crimea and has decided to move them to Ukraine. In a strong response, a Russian politician asked McDonald’s to evict Russia. Source: The Huffington Post Canada Date: April 04, 2014 Link:… Read more »
GM CEO apologizes
Description: Mary Barra, GM CEO, apologizes to the U.S. senate committee for covering up faulty ignition switches in GM cars, which led to at least 13 deaths and several crashes. Source: CBC Date: April 02, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2446158934/?page=2 Questions for Discussion: Should the GM top management face criminal charges? Do you agree with the… Read more »
Companies to be penalized strongly for abusing temporary foreign worker program
Description: The Canadian federal government plans to come down strongly on companies that abuse the foreign worker program. As of December 2012, estimates indicate that were 340,000 foreign workers in Canada—an increase of 100% over the 2005 numbers. Source: Huffington Post Date: March 28, 2014 Link: http://www.huffingtonpost.ca/2014/03/28/temporary-foreign-worker-fines_n_5049295.html?utm_hp_ref=canada-business Questions for Discussion: Why do companies hire such… Read more »
Big data strategy
Description: Big data seems to be the new buzz word among corporates. It is increasingly felt that companies that can better leverage their big data resources will enjoy a substantial competitive advantage. However, there is uncertainty regarding the best strategy to leverage this important resource. Source: Financial Post Date: March 26, 2014 Link: http://business.financialpost.com/2014/03/26/4-easy-steps-to-roll-out-a-big-data-execution/ Questions… Read more »
Blackberry to sell most of its Canadian real estate
Description: To generate cash to help turnaround the company, Blackberry has reached an agreement to sell most of its real estate in Canada: this includes more than 3 million square feet of space. This sale will generate nearly $550 million. Source: Financial Post Date: March 21, 2014 Link: http://business.financialpost.com/2014/03/21/blackberry-ltd-reaches-deal-to-sell-most-of-its-canadian-real-estate/?__lsa=1d59-37d4 Questions for Discussion: What will become… Read more »
Reasons for Nortel’s demise
Description: Dr. Jonathan Calof, Associate Professor at University of Ottawa, debates that some of the reasons for Nortel’s demise were hubris and arrogance. He argues that although Nortel continued to have strong technological skills but it was poor in managing this technology Source: CBC Date: March 21, 2014 Link: http://www.cbc.ca/player/News/Business/ID/2443679616/ Questions for Discussion: Discuss some… Read more »
Everyone’s not happy with Canada-S. Korea free trade deal
Description: In an important international agreement, Canada has signed a free trade deal with South Korea. This is seen as a successful move for Canadian companies who will now have access to an important Asian market. However, not all industries are happy with this deal. Source: CBC Date: March 11, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2441410168/?page=2 Questions… Read more »
“Guilt Tipping”
Description: Technology has made it easier for people to tip. Starbucks will soon allow customers to leave a tip using a mobile app. It is almost impossible today for customers to forget to tip. Source: CBC Date: March 13, 2014 Link: http://www.cbc.ca/player/News/Business/ID/2441753660/ Questions for Discussion: According to Bruce Sellery, what is “Guilt Tipping”? How has… Read more »
