...Consumer Proposal in Edmonton – A Safe Way to Avoid Bankruptcy Bankruptcy and debt problems can happen to almost anyone. These problems can arise from a variety of different causes, such as sudden job loss or natural disaster. Most people believe that the only solution for this problem is bankruptcy, but a viable alternative does exist. More and more people today are looking to consumer proposal to get rid of their bankruptcy and debt problems. Depending on your exact situation, consumer proposal might be the best solution to fix your financial problems. In Edmonton, consumer proposal is legally compulsory. It is essentially a settlement made between you and your creditors after a negotiation. In order to start completely fresh with your finances, it is completely necessary to understand the process of consumer proposal as well as its associated risks. Any Edmonton resident who wishes to undergo consumer proposal must have around $1000-$2500, not counting their mortgage. In addition, they must have a tight yet reasonable budget that makes it very difficult to pay off the debt. The first step in the consumer proposal process is filing the proposal to a trustee. This allows you to have the proposal voted by your creditors. Once your creditors have voted, you will find out whether or not your proposal has been accepted. It is at this point when you can make payment to your trustee according to the terms of the consumer proposal. If your proposal is rejected, the trustee will...
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...Calgary Funeral Services Cooperative Business Plan DRAFT AUGUST 8, 2011 Contents 1.0 BACKGROUND INFORMATION 1 1.1 Executive Summary 1 1.2 Comparative Cooperative Model 2 1.3 Feasibility Study and Background Research 3 2.0 Business Description 5 2.1 Corporate Structure 5 2.2 Business Objectives 7 2.3 Market Assessment 7 2.4 Products & Services 8 2.5 Location 10 2.6 Human Resources 11 2.7 Regulatory Issues 12 3.0 MARKETING STRATEGY 13 3.1 Pricing Strategy 15 3.2 Customer Service 16 4.0 FINANCIAL PLAN 17 4.1 Capitalization Strategy 17 4.2 Sales & Income Projections 18 4.3 Critical Factors 19 1.0 BACKGROUND INFORMATION 1.1 Executive Summary The Calgary Cooperative Funeral Service seeks to create a cooperative enterprise to provide funeral services that are modestly priced and environmentally friendly within the Calgary market. Based on an initial membership the founding organizations - cooperatives in Calgary, Calgary Legions, Churches and individual Calgarians, with a combined member share/loan offering and bank loan for a combined total of $525,000, this business plan calls for the enterprise to reach positive cash flow toward the end of the 3rd year of operation. The business model seeks to establish funeral/crematoria services which is centrally located and would service the members of the founding organizations as well as the funeral needs...
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...w 9B00M002 NATIONAL HOCKEY LEAGUE ENTERPRISES CANADA: A RETAIL PROPOSAL Elizabeth Gray prepared this case under the supervision of Elizabeth M.A. Grasby solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. Ivey Management Services prohibits any form of reproduction, storage or transmittal without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organizastion. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Management Services, c/o Richard Ivey School of Business, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2000, Ivey Management Services Version: (A) 2010-01-08 In July 1998, Glenn Wakefield, vice-president of National Hockey League Enterprises Canada (NHLEC), was faced with an opportunity to pursue the development of a retail outlet solely dedicated to Brand NHL merchandise. If pursued, Wakefield had to select one of three implementation options: NHLEC could retain managerial and financial control of the facility, control could be relinquished to a management firm, or floor space could be rented in a department store where NHLEC would...
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...increase in the world’s demand for energy to run its various development projects. However, the most popular source of the needed energy is oil and petroleum products. To respond to this dire need for energy, Trans Mountain company under the Kinder Morgan Canada has presented a request for approval of its multi-billion dollar expansion. However, their proposal report for approval has drawn mixed reactions from first nations, municipal governments, British Columbia residents and various environmental organizations. A lot of environmental issues have topped the list of the project’s safety complications. Some of these groups have vowed never to support the expansion project citing various loopholes. Kinder Morgan Canada’s oil spills risk assessment both on pipelines and shipping vessels is elaborate. It has considered every concern of various partied and has tried to adjust to the NEB requirements. The NEB has scheduled public hearing on this project for 2015. As the company anxiously awaits the fate of this huge project, there are regulatory requirements and technical analysis that can be done to predict the outcomes of this proposal request for approval. Nonetheless, the Trans Mountain Expansion project is not the only looming threat to the environment. There are many other companies that have proposed a similar expansion and a comparative analysis will widen...
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...Introduction Tremco Ldt. was founded in 1962, as a manufacturer and distributor of protective coatings, sealants and industrial applications for consumers. During a North American Hardware trade show in 1987, Tremco discovered a great opportunity. A private labeller, Foam-o, agreed to give Tremco the exclusive right to distribute the insulation spray foam in Canada. Tremco began importing, to Canada, from Foam-o within a year, without incurring any new product development cost, and no additional overhead. However, Tremco still faced numerous problems ranging from poor market share due to the high pricing position, to a lack of consumer awareness and knowledge due to a poor promotional strategy. To add to this, Canadian Tire which accounted for 25% of all hardware sales in Canada was reluctant to cooperate with Tremco. In the effort of improving Tremco's status quo, two marketing strategies and implementation plans are introduced in following report. Market Audit For a detailed list of marketing parameters, see Appendix 1.1. Product: Tremco’s Mono Foam line up of products started with a 350g can of expanding insulation foam and later had an addition of a 935g can. This is compared to the three common sizes of foam in the overall market, a small 350g can and medium size 620g can and a large 935g can. The smallest size sold 733 thousand, whereas, the medium and large sizes sold 604 and 304 thousand respectively in 1990. The brand name “mono” is said to...
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...Executive Summary Porter Airlines, a short-haul commercial airliner established in 2002, have enjoyed significant and steady growth since inception. The concern now is to devise a solution that will allow Porter to continue its controlled expansion strategy, as it has been so successful and integral to the growth of the company over the past several years. Situation Analysis Porter Airlines operates in a fiercely competitive airline industry, where competitors compete based on price, service, and comfort of passengers, and frequently engages in predatory practices to squeeze out smaller players in the market. The performance of the company depends on external environment factors, such as economic factors of oil and fare prices that will influence margins, or political factors impacting the future bridge and accessibility improvements to the city center airport. Porter’s competitive advantage is linked to the convenience of the Toronto City Center Airport, such as proximity to business core and expedited security and check-in times. Additionally, a critical success factor for Porter is to maintain the commercial exclusivity on the airport, to take advantage of cost savings as a result of being the owner, tenant, and operator. Competitive advantage is also a result of operating a single class of aircraft that has significant cost and operational efficiencies. Alternatives and Recommendation ------------------------------------------------- Several alternatives were provided...
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...VENDOR INFORMATION MANUAL Revised: March 21, 2011 For more information contact Supply Chain Services or your Category Manager The North West Company 77 Main Street Winnipeg MB R3C 2R1 Canada Phone: (204) 943-0881 Fax: (204) 934-1495 Visit our Internet Web Site at www.northwest.ca NWC Vendor Information Manual Table of Contents Introduction....................................................................... 7 Merchandising.................................................................... 8 Displays......................................................................................................................................8 Price Increases ...........................................................................................................................8 Production Information Changes ...............................................................................................8 Vendor Agreements ...................................................................................................................8 Invoicing...................................................................... 9-12 Distribution Centre Invoice Procedures .....................................................................................9 Direct Ship Invoice Procedures ...............................................................................................10 Additional Invoicing Requirements ..............................................................
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...The Outlook for the US Chemical Industry kpmg.com Chemicals and Performance Technologies KPMG’s Chemicals and Performance Technologies Practice • Honest, independent advice • Built on deep sector knowledge • Delivered by an integrated global team © 2010 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. All rights reserved. Executive Summary Is the worst over? A cautious but growing consensus among economists and industry analysts suggests that after more than two years of turbulence, the global economy in general and the chemical industry, in particular, are entering calmer waters.1 While a full recovery for chemical companies is not expected this year, certainly, the earnings releases across the industry for the first half of 2010 suggest that growth is returning at a faster rate than many had expected.2 Increased production in the domestic auto industry is supporting new demand for US chemical products, but the construction sector – another major market for US chemicals – is recovering more slowly. However, after massive layoffs, improvements in cash management and operational belttightening, the US chemical industry is expected to realize a year-over-year increase of around 7 percent in 2010, according to the American Chemistry Council (ACC).3 At the same time, this recovery presents its own set of challenges...
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...Spring 2007 New Experiences, Emerging Consumer Issues This Update explores the emerging field of mobile commerce, generally defined as business-to-consumer commercial activities conducted via a mobile device. Technological developments within the wireless industry are giving rise to healthy growth forecasts for the mobile sub-set of electronic commerce. This paper describes the main types of mobile commerce applications available to Canadian consumers. Consumer protection issues and a number of policy initiatives are also discussed, in light of experiences of earlyadopting countries. Monitoring the consumer issues raised by mobile commerce will assuredly be required as technological developments and consumer uptake further evolve. Mobile Commerce: Winter 2010 The Consumer Trends Update is published by the Office of Consumer Affairs, Industry Canada. It provides brief reports on research or policy developments related to themes explored in the 2005 Consumer Trends Report, which is available at: www.consumer.ic.gc.ca/trends. The recent boom in mobile devices, in terms of both the scope and nature of usage, is heightening the potential for mobile commerce. A majority of Canadians today have access to a mobile phone 1; in fact, some have access to more than one, and a growing number even rely exclusively on wireless The pace of technological adoption: telephony. 2 Recent models integrate voice the U.S. payments example communications with various non-voice functions...
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...HMV Group plc Annual report and accounts 2010 Contents Overview 1 2 4 6 8 Introduction Strategic progress and future focus Market overview Chairman’s statement Business review The basics Inspirational brands HMV and Waterstone’s are renowned for their specialist appeal, offering the widest ranges of entertainment and books in their markets. Our stores and the people who work in them strive to be always passionate and inspirational about the products we sell, and provide great service and value for money to ensure that our customers get closer to the entertainment they love, or feel every word between the covers of a good book. We attract the most enthusiastic customers in our markets, with over 4 million loyalty card holders across both brands. Business and financial review: 18 Financial review Governance 24 Board of Directors 26 Corporate governance 30 Directors’ remuneration report 40 Corporate responsibility 46 Directors’ report 51 Independent auditor’s report to the members of HMV Group plc Financial statements 52 Consolidated income statement 54 Statements of comprehensive income 55 Balance sheets 57 Statements of changes in equity 59 Cash flow statements 60 Notes to the financial statements 103 Group financial record HMV In-store Online & digital Live HMV is evolving rapidly as an entertainment brand. Our market-leading retail businesses operate through 417 stores in the UK, Canada, Hong Kong and Singapore and transactional local territory websites...
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...4. 4.1 Big Data Introduction In 2004, Wal-Mart claimed to have the largest data warehouse with 500 terabytes storage (equivalent to 50 printed collections of the US Library of Congress). In 2009, eBay storage amounted to eight petabytes (think of 104 years of HD-TV video). Two years later, the Yahoo warehouse totalled 170 petabytes1 (8.5 times of all hard disk drives created in 1995)2. Since the rise of digitisation, enterprises from various verticals have amassed burgeoning amounts of digital data, capturing trillions of bytes of information about their customers, suppliers and operations. Data volume is also growing exponentially due to the explosion of machine-generated data (data records, web-log files, sensor data) and from growing human engagement within the social networks. The growth of data will never stop. According to the 2011 IDC Digital Universe Study, 130 exabytes of data were created and stored in 2005. The amount grew to 1,227 exabytes in 2010 and is projected to grow at 45.2% to 7,910 exabytes in 2015.3 The growth of data constitutes the “Big Data” phenomenon – a technological phenomenon brought about by the rapid rate of data growth and parallel advancements in technology that have given rise to an ecosystem of software and hardware products that are enabling users to analyse this data to produce new and more granular levels of insight. Figure 1: A decade of Digital Universe Growth: Storage in Exabytes Error! Reference source not found.3 1 ...
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...Water – The India Story March 23, 2009 1 Table of Contents Summary Global Water Situation – A Snapshot Water in India Innovative Water Management Initiatives 2 Freshwater rich regions across the globe are projected to face water scarcity if current reserves are not managed effectively Global Freshwater Scenario Global Freshwater reserves are rapidly depleting and this is expected to significantly impact many densely populated areas of the world Low to middle income developing regions as well as highly developed countries will face water stress in the future, unless existing water reserves are managed effectively • Although low and middle income developing countries currently have low per capita water consumption, rapid growth in population and inefficient use of water across sectors is expected to lead to a water shortage in the future • Developed countries traditionally have high per capita water consumption and need to focus on reducing their consumption through improved water management techniques and practices By 2025, India, China and select countries in Europe and Africa will face water scarcity if adequate and sustainable water management initiatives are not implemented Freshwater Situation in India Traditionally, India has been well endowed with large Freshwater reserves, but the increasing population and overexploitation of surface and groundwater over the past few decades has resulted in water scarcity in some regions ...
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...Lewicki−Barry−Saunders: Negotiation: Readings, Exercises, and Cases, Fifth Edition Cases 1. Capital Mortgage Insurance Corporation (A) © The McGraw−Hill Companies, 2007 Case 1 Capital Mortgage Insurance Corporation (A) Frank Randall hung up the telephone, leaned across his desk, and fixed a cold stare at Jim Dolan. OK, Jim. They’ve agreed to a meeting. We’ve got three days to resolve this thing. The question is, what approach should we take? How do we get them to accept our offer? Randall, president of Capital Mortgage Insurance Corporation (CMI), had called Dolan, his senior vice president and treasurer, into his office to help him plan their strategy for completing the acquisition of Corporate Transfer Services (CTS). The two men had begun informal discussions with the principal stockholders of the small employee relocation services company some four months earlier. Now, in late May 1979, they were developing the terms of a formal purchase offer and plotting their strategy for the final negotiations. The acquisition, if consummated, would be the first in CMI’s history. Furthermore, it represented a significant departure from the company’s present business. Randall and Dolan knew that the acquisition could have major implications, both for themselves and for the company they had revitalized over the past several years. Jim Dolan ignored Frank Randall’s intense look and gazed out the eighth-floor window overlooking Philadelphia’s Independence...
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...Sri Lanka | Diversified Holdings Initiation of coverage EQUITY RESEARCH 5 September 2013 CT Holdings PLC (CTHR) Cashing in on consumption growth CT Holdings (CTHR) is the fourth-largest Sri Lankan diversified company by market capitalization. The company holds controlling interests in Cargills (CSE ticker: CARG, CTHR’s 70%-owned food retail company), the country’s largest chain of supermarkets, as well as in several companies in the food processing, restaurant, real estate, entertainment and financial services sectors. We expect CTHR’s revenues from continuing operations to post an 11.1% CAGR over FY14E-FY16E and net margin to expand 40bps to 2.3% by FY16E. Rising disposable income should continue to boost consumer demand and benefit Sri Lanka’s modern food retail market, driving CTHR’s retail and wholesale distribution segment (84% of revenue in FY13) at an 8.8% CAGR over FY14EFY16E. We expect margins to benefit from higher food sales and economies of scale in food processing. However, high finance costs resulting from CTHR’s recent spate of acquisitions may pressure earnings. We arrive at a valuation range of LKR126-153 for CTHR, compared with the current share price of LKR140, as at 4 September 2013. Sri Lanka’s organized food retail penetration grew to 15% in 2012 from 10% in 2004. This growth was supported by rising disposable income (12.6% CAGR over 2010-2012) and a slowly increasing preference for shopping at modern retail outlets. However, penetration remains lower...
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...products, and New York Bakery Co.® in the U.K. Through our Fresh Bakery and Frozen Bakery segments, we serve retail stores, in-store bakery departments and foodservice customers across North America and the U.K. Canada Bread employs approximately 5,400 people and operates 25 facilities across Canada, the U.S. and the U.K. The Company is 90% owned by Maple Leaf Foods Inc. Contents Message to Shareholders i Management’s Discussion and Analysis 1 Audited Consolidated Financial Statements 28 Notes to the Audited Consolidated Financial Statements 34 Corporate Information 67 2013 was an inflection point in the history of Canada Bread. Our significant efforts in recent years to reduce costs and deliver innovative products to meet evolving consumer demands paid off in a very strong earnings year. We increased both our Adjusted Operating Earnings for the year by 8%, and our Adjusted Earnings per Share by 9%, driven largely by strong gains in our North American frozen and U.K. bakery businesses. We also...
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