Bank of Canada slashes interest rate to 0.5 per cent

Posted by & filed under Environment, Management, Video Report.

Description: Stephen Poloz, Bank of Canada governor, cut the key interest rate from 0.75 to 0.5 per cent. This triggers the perception that the economy is in turmoil. Source: Toronto Star Date: July 15, 2015 Video Link:  http://www.thestar.com/business/2015/07/15/bank-of-canada-cuts-interest-rate.html Questions for Discussion: Why has Stephen Poloz decided to cut the rate? How will the cut rate… Read more »

Canadian dollar dips to its lowest level since 2009

Posted by & filed under Environment, Management, Video Report.

Description: The Canadian dollar dipped to its lowest level since March 2009: it dropped below 77 cent against the U.S. dollar.  This drop follows Bank of Canada’s decision to cut its interest rate to 0.5 per cent. Source: CBC Date: July 17, 2015 Link: http://www.cbc.ca/news/business/canadian-dollar-dips-below-77-cents-for-first-time-since-2009-1.3157570 Questions for Discussion: Discuss the factors causing the Canadian dollar… Read more »

Reverse takeovers on the rise

Posted by & filed under Innovation/Creativity, Strategy, Technology, Video Report.

Description: There is an increasing trend for early-stage companies to debut on the stock market through a reverse takeover. Reverse takeovers provide a cost-effective option for new firms to access much needed finance. Source: BNN Date: June 26, 2015 Video Link: http://www.bnn.ca/Video/player.aspx?vid=644583 ​ Questions for Discussion: What are reverse takeovers? Why are reverse takeovers popular… Read more »

WestJet face union concerns

Posted by & filed under Change, Human Resource Management, Video Report.

Description: WestJet was often exemplified as culturally more vibrant than Air Canada; it also had no unions and employees had ownership rights over the fortune of its company. However, recently, a group of WestJet pilots have applied to unionize. This could mean a significant transformation in WestJet’s organizational culture. Source: Financial Post Date: June 26,… Read more »

Dollarama—a Canadian retail success story

Posted by & filed under Strategy, Video Report.

Description: Amidst falling fortunes for retail stores in Canada, one Canadian discount store that has not only survived but thrived under the harsh economic environment, is Dollarama. Recently, it reported a 22 percent surge in profits this year. Source: CBC Date: June 10, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2669206539/ Questions for Discussion: Discuss Dollarama’s success model. What… Read more »

HBC set to open new stores

Posted by & filed under New product, Strategy, Video Report.

  Description: Despite the increasing number of retailers that have recently shut shop, Hudson’s Bay Company is betting big on retail stores. It is opening seven Saks full-line luxury department stores in Canada, in addition to 25 Saks Off Fifth sores. Source: BNN Date: June 03, 2015 Video Link: http://www.bnn.ca/News/2015/6/3/HBC-bets-big-on-retail-bricks-and-mortar.aspx Questions for Discussion: 1. In… Read more »

Shopify’s initial public offering smashes expectations

Posted by & filed under Entrepreneurship, Global Management, Innovation/Creativity, New product, Technology, Video Report.

  Description: Shopify, an Ottawa based company, sold 7.7 million shares at $17 apiece to raise $131 million in its initial public offering, smashing expectations. Shopify provides software for small businesses that helps them sell their products online. Today, more than 160,000 stores across 150 countries use Shopify. Source: CBC Date: May 26, 2015 Video… Read more »

Does Alberta need a carbon tax?

Posted by & filed under Decision Making, Environment, Video Report.

  Description: The CEO of Suncor Energy—a Calgary based Energy Company specializing in synthetic crude production from oil sands—suggests a broad-based carbon tax for Alberta. He feels a carbon tax will help both the environment and the economy of Alberta. Source: CBC Date: May 22, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2667701903/?page=2 Questions for Discussion: 1. What is… Read more »

Google’s self-driving cars to hit roads this summer

Posted by & filed under Entrepreneurship, Innovation/Creativity, New product, Technology, Video Report.

Description: In a significant step towards their goal of introducing self-driving cars to consumers in the next five years, Google will test their two-seater self-driving cars in Mountainview, California. This will be the first time that people will actually see these cars on the road. Source: Huffington Post Date: May 15, 2015 Video Link:  http://www.huffingtonpost.ca/2015/05/15/google-s-pod-like-two-seater-is-next-step-to-driverless-car-to-hit-public-roads-this-summer_n_7290218.html?utm_hp_ref=canada-business… Read more »