Managing Your Financial Institution Risk

Managing Your Financial Institution Risk There are multiple risk factors that are included on any business’ financial statement: FX (foreign exchange) risk Geographical risk Accounts receivable risk Geopolitical risk While these risk factors do provide a lot of insight into what can affect a business’ ability to grow, to acquire loans, and even survive through…

Your Winter Emergency Kit

When it comes to winter driving in Canada we have to prepare for the unexpected.  That means always carrying an emergency kit in your vehicle, with the following items;  WINTER TOOLS:   Snowbrush,  ice scraper,   shovel,   bag of sand/gravel for traction,  as well as jumper cables. FOR EMERGENCIES:  First aid-kit,  flashlights and batteries,   blankets,  handwarmers,   cell…

How to Keep Your Top Talent During Mergers and Acquisitions

Any significant organizational change can affect your talent retention.. Here are some strategies that your company can use to ensure that you retain as many of your talented employees as possible:  CONDUCT A ROUND OF STAY INTERVIEWS :  This shows your team how much management values their needs and concerns. This is especially crucial during big transitions. OFFER LEADERSHIP OPPORTUNITIES: Opportunities…

Working Parent Benefits

The Government of Alberta has announced a Working Parent Benefit as a one time payment of $561 per child to support working parents who pay for child care. You may be eligible if: •    you’re the parent or guardian of a child born on or after February 29, 2008; •    you were required to pay…

Duty of Honest Performance

A recent Supreme Court of Canada decision has expanded a party’s responsibility of its duty of honest performance of a contract. A party can be liable to another party if it knowingly misleads that party and does not disclose information that could be pertinent to the contract. For example, if Party B suffers damages as…