Escaping from Technology Jail

Canada’s entrepreneurs cannot compete against global competition with one hand tied behind their backs

Escaping from Technology JailSome of my biggest battles in business have been with accountants. They seem to take great pleasure in playing Dr. No. No you can’t capitalize intangible assets, no you can’t use enterprise valuations, no you can’t, no you can’t, no you can’t! Until I met Joseph Batty, I had no idea that accountants were like…

What’s wrong with Canada’s tech sector?

Technology entrepreneurs are locked behind bars of asset ignorance

What’s wrong with Canada’s tech sector?Everybody has a story or two about an exciting new technology that was going to change the world; but was never heard from again. What happens to these great ideas? It’s all very puzzling. But, it does raise a serious question: what’s wrong with Canada’s tech sector? Is there a structural flaw? The short answer…

5 ways to ensure your customers pay on time, every time

It’s important to keep a steady hand on the finances to ensure there is always enough money available to pay your own bills

5 ways to ensure your customers pay on time, every timeWhen you examine common reasons that most businesses fail, issues with cash flow generally come up every time, for both new companies and the most well-established organizations. As a result, no matter the size of a venture, it’s important to keep a steady hand on the finances and ensure that there is always enough money…

Crowdfunding is democratizing finance

It’s opening up the financial sector, serving acute needs and transforming how businesses raise capital

Crowdfunding is democratizing financeWhen fundraising garnered leftover crumbs, the gatekeepers of finance barely cared to notice. Now digitized, it’s drawing a growing portion of the financial pie, running into regulatory barriers and legal limbo in Canada. The critics of crowdfunding, particularly regarding private equity, make many accurate claims. Open-access financial intermediation dislodges state social services and favours savvy…

Broadening the scope of the business footprint

Kent Kaufield of EY talks about why its important to embrace change and the technology that drives that change

Broadening the scope of the business footprintKent Kaufield is EY Calgary office managing partner and energy managing partner. What are the main services EY offers to companies and businesses? Kaufield: We’re a professional services firm, which means we traditionally get grouped in the same bucket as auditors and accountants. We do that work and we love doing it, but how we…

MobSquad receiving support from Opportunity Calgary Investment Fund

Provides clients with teams of top software engineers and data scientists working from satellite offices in Canada

MobSquad receiving support from Opportunity Calgary Investment FundMobSquad is the first company to receive support from the new Opportunity Calgary Investment Fund. The company provides clients in the United States with teams of top software engineers and data scientists working from satellite offices in Canada. It’s establishing a new business based in Calgary with hundreds of high-calibre software developers across Canada. “We…

Alberta minimum wage hike to cost employers $284 million a year

About 254,000 Albertans – 11% of all workers – earned less than $15 an hour before the Oct. 1 change

Alberta minimum wage hike to cost employers $284 million a yearAlberta’s minimum wage reached $15 an hour on Monday, increasing by $1.40. A new report by the Canadian Federation of Independent Business illustrates just how much it’s going to cost. The report said employers in the province are facing a $10,739 annual increase per entry-level, minimum-wage job compared to 2015 due to added wage costs…

Can we avoid another financial crisis?

We need to embrace intangible assets. And the lending world and investors need to free up funds to support intangible creators

Can we avoid another financial crisis?Could intangibles help avert the next financial crisis? Yes. And they'd better, because the train of global prosperity is about to jump the track and intangible assets are the only possible salvation. Today's headlines are depressing. There's a constant stream of negativity led by U.S. President Donald Trump's assault on the North American Free Trade…

SAIT’s School of Business offers students a different experience

Dean Janet Segato talks about how being a global leader in applied education pays dividends for students

SAIT’s School of Business offers students a different experienceJanet Segato is dean of the School of Business at the Southern Alberta Institute of Technology. Calgary’s Business: What’s new for the School of Business this year? Segato: It’s going to be an exciting year at SAIT as our momentum continues. The work we’re doing at the SAIT School of Business has a singular focus…

Was the 2008 financial crisis exacerbated by official misjudgment?

Countries as disparate as Ireland, Iceland and Greece showed that misplaced financial exuberance has many pedigrees

Was the 2008 financial crisis exacerbated by official misjudgment?We were on a train from London to Edinburgh when the financial crisis erupted in September 2008. The newspaper headlines were downright lurid and the detailed stories provided little comfort. A financial catastrophe was about to descend on all of us. As relatively recent retirees, we felt particularly vulnerable. There’d be no time or opportunity…