Raya

Life Savers celebrates milestone

August 26, 2013 | Raya | Comments (0)

  Did you know that Life Savers celebrated its 100th birthday in 2012?  Back in 1912, chocolate-maker Clarence Crane wanted to create a candy that wouldn't melt in the summer heat.  He ended up creating the original Pep O Mint Life Saver. The candy's name comes from it's similarity to little life preservers and were […]

Loblaws buys Shoppers Drug Mart

August 23, 2013 | Raya | Comments (0)

  Loblaw Companies Ltd. recently announced a friendly $12.4-billion deal to acquire Shoppers Drug Mart. Shoppers will retain its brand name and operate as a separate division of Loblaw. Loblaw products, such as their private label President’s Choice, will be available in Shoppers stores, while some of the pharmacy retailer’s products and services, such as […]

Tax free savings accounts vs Registered retirement savings plans

July 29, 2013 | Raya | Comments (0)

  Registered Retirement Savings Plans (RRSPs) were introduced in 1957 in order to encourage individuals  to set aside money for their retirement years. Although not popular in the beginning, contributions to RRSPs rose steadily and by 1997 30% of tax-filers were contributing. RRSP contributions are tax-deductible and income investment earned within an RRSP does not […]

Dealing with change

July 26, 2013 | Raya | Comments (0)

(Calvin and Hobbes c.1995 Watterson)   In order to effectively create organizational change, a leader must try to do things that will overcome their followers' natural resistance to change. Understanding that everyone deals with change differently is the first step to successful organizational change. Listening to employees needs, reframing issues to address those needs, and […]

Exchange-traded funds basics

July 1, 2013 | Raya | Comments (0)

                                                  Exchange-traded funds were introduced in 1993 but have only recently gained widespread acceptance. So what exactly is an exchange-traded fund (ETF) and how do these funds differ from mutual funds? They both represent baskets of stocks or bonds but ETFs tend to represent indexes or market segments and mirror or track these indexes. An […]

Beach blanket business books

June 28, 2013 | Raya | Comments (0)

  Beach reading isn't necessarily literature. It may be hard to believe but there are quite a few busines books that actually qualify as beach reading material. A good beach book should have an excellent narrative flow and widespread appeal. A good beach book is engaging and a quick enough read that you can finish […]

Understanding your customers

May 31, 2013 | Raya | Comments (0)

      A lot of companies receive feedback from customers when they are either really disappointed or extremely satisfied with a product or service.  But what about the silent majority in the middle who never say a word about how they feel?  Measuring this silent voice and acting on it can make or break […]

A toy story

May 6, 2013 | Raya | Comments (0)

    Toys have been around for thousands of years but did not become "big business" until the early 1800s when advances in transportation–mainly trains– allowed for the wider distribution.  The industrial revolution that followed led to the mass production of toys making them more affordable. Increased accessiblilty was ccompanied by changes in the products […]

Income Tax Clinics 2013 at the Toronto Public Library

April 7, 2013 | Raya | Comments (1)

Free income tax clinics are being held at a number of Toronto Public Library branches.  These clinics are aimed at low-income earners and may require an appointment.  Contact the branch for more information.   Albert Campbell 416-396-8890 Saturday, April 13, 10am-4pm By appointment only   Bendale 416-396-9010 Wednesdays, April 10 & 17, 3pm-9pm Thursday, April 25, […]

Doing your own income taxes

April 4, 2013 | Raya | Comments (0)

  If you have a simple tax return to file why not fill it out yourself instead of paying an accountant or other service? There are a number of helpful resources both online and in print that will make your task an easy one. 1. The best place to start is with Revenue Canada where […]