...income. Different investment goal differentiates investment choices. The purpose of this case study is to recommend possible investment choices for Jane and the criteria used to evaluate those investment choices. Introduction Jane has inherited $30,000 from her grandmother and plans to invest this money for a future down payment on a house. Her plan is to buy a house outside of Toronto area in the next three to four years. She has a lost risk level of four out of ten as she does not want to lose the money she got from her grandmother. Moreover, she would like to obtain tax relief on her investment. At the same time, she only wants to spend about one hour per month in managing her investment. She has an adequate emergency fund on hand; therefore, she does not need to access these funds. Her travel expenses will be paid by her income. Investment Goals The primary investment goal is to obtain a future down payment on a house outside of Toronto in the next three to four years. She has a medium-low risk level of four out of ten. Moreover, she only wants to spend one hour per month in managing her investment. For the purpose of this assignment, I assume she is going to purchase a house outside of Toronto area with an estimated value of $225,000. She will need to raise $56,250 if...
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...especially in larger organizations. Also, he or she should arrange for assistance to crisis victims and provide necessary and up to date information regarding employees and represent their interests during a crisis. Financial Representative: he or she should provide necessary financial information, especially in larger organizations. This person should also be responsible for expenditure of the organization’s funds, secure funds for relief operations, and maintain adequate insurance coverage. Head of Operations: he or she should provide logistical support to the CMT. Manage operations during a crisis. Ensure that necessary supplies are available. Distribute the Crisis Management Plan to CMT members and other appropriate persons. Arrange suitable trainings and briefings for CMT members. (University of Toronto) Public Relations Representative: he or she could be the spokesperson. Also: identify systems and procedures to notify the media in the event of a crisis, maintain website for crisis...
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...MCS*2100DE Personal Finance Management Case study Jane inherited $30,000 from her grandmother. She plans to invest it for a future down payment on a house. She is currently a young single living in downtown Toronto. She plans to remain in downtown Toronto for the next 3 or 4 years. At that point her plan is to travel for 6 months to 1 year. When she returns to Canada she hopes to obtain a job outside of Toronto area and purchase a home. She is relatively conservative and would rate her risk level as 4 out of 10 (10 being the highest level). She does not want to lose the $30,000 she received from her grandmother. She is interested in obtaining tax relief on her investment but does not want to spend much time managing her investment-about 1 hour per month. She currently has an adequate emergency fund so she likely will not need to access these funds. She is saving money from her income for her travels. Now please answer the following questions: Do you think she should invest in debt or equity securities or both? (2 marks) Once you have decided your answer to Question 1, pick a specific investment choice or choices that you think would meet her objectives. For example, GIC’s, bonds, blue chip stock, dividend stock, growth stock, money market funds, equity funds, etc. (3 marks) What criteria have you used to evaluate the investment choice or choices you picked for her in Question 2? (5...
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...MCS*2100DE Personal Finance Management Case study Jane inherited $30,000 from her grandmother. She plans to invest it for a future down payment on a house. She is currently a young single living in downtown Toronto. She plans to remain in downtown Toronto for the next 3 or 4 years. At that point her plan is to travel for 6 months to 1 year. When she returns to Canada she hopes to obtain a job outside of Toronto area and purchase a home. She is relatively conservative and would rate her risk level as 4 out of 10 (10 being the highest level). She does not want to lose the $30,000 she received from her grandmother. She is interested in obtaining tax relief on her investment but does not want to spend much time managing her investment-about 1 hour per month. She currently has an adequate emergency fund so she likely will not need to access these funds. She is saving money from her income for her travels. Now please answer the following questions: 1. Do you think she should invest in debt or equity securities or both? (2 marks) 2. Once you have decided your answer to Question 1, pick a specific investment choice or choices that you think would meet her objectives. For example, GIC’s, bonds, blue chip stock, dividend stock, growth stock, money market funds, equity funds, etc. (3 marks) 3. What criteria have you used to evaluate the investment choice or choices you picked for her in Question 2? (5...
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...responsible for preparing and coordinating the ethical review applications and letters of support. The team decided to use the existing practices of community service providers. To facilitate referrals of participating patients, the team first identified the existing service pathways. The hospital medical director distributed an overview document to inform emergency department physicians of the project, and the clinical nurse specialist reviewed the referral process, protocols and documentation with nursing staff. ore than ever, health-care providers need to communicate with each other to stay informed about the services clients receive. Working in collaboration is essential to the delivery of effective, efficient and timely care (D'Amour, Ferrada-Videla, San Martin Rodriguez, & Beaulieu, 2005; Interprofessional Care Steering Committee, 2007). We all had roles on the Geriatric Emergency ManagementFalls Intervention Team (GEM-FIT) project, which was aimed at evaluating an alternative service-delivery pathway to reduce the number and consequences of falls in adults aged 65 and older who presented to an inner-city hospital emergency department. The project was based on the Falls Intervention Team (FIT) study, which had evaluated a best practice, multifactorial fall-prevention program for community-dwelling older adults (Baycrest Centre for...
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...INTERNATIONAL STUDENT HEALTH INSURANCE: SILVER PLAN S INTRODUCTION This insurance covers medical expenses from sickness or injury, and losses arising from sudden and unforeseen circumstances. Coverage is subject to certain limitations and exclusions, which are explained in this policy. This policy is underwritten by Sun Life Assurance Company of Canada (Sun Life). Imagine Financial Ltd., operating as Ingle International, performs enrolment and provides customer service. Emergency Assistance is provided by Intrepid 24/7, a member of the Ingle Group of Companies. All benefit limits are expressed in Canadian currency. Sun Life will pay the benefits stated in this policy, subject to all of its terms, conditions, limitations, exclusions and other provisions for Reasonable and Customary expenses that are incurred as a result of an unexpected Sickness or Injury up to the benefit maximum for that particular benefit, or to the overall policy maximum. All maximums stated in this policy are per Insured Person per 365 day period unless otherwise stated, and are stated in Canadian dollar currency. You must call Emergency Assistance to ensure coverage of certain expenses. See the Pre-Approval Requirements in Section III for further details. You may be responsible for a portion of the expenses if the insurer is not notified promptly. Emergency Assistance: we’re here to help This policy is in force only if Ingle International confirms your coverage after receiving your enrolment application...
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...Case Study BAC 7114 The Ethics of Bankruptcy: Jetsgo Corporation Case 2: The Ethics of Bankruptcy: Jetsgo Corporation The discount airline Jetsgo Corporation began operations in June 2002. Within two-and-half years it grew to become Canada's third-largest airline, moving approximately 17,000 passengers per day on its fleet of 29 airplanes, 15 of which were company-owned Fokker F100s. With 1,200 employees, the company serviced 20 locations in Canada, a dozen in the Caribbean, and 10 in the United States. Jetsgo was a private company owned by Michel Leblanc. Leblanc had lived his life around airplanes. His father owned a flight school; he learnt to fly at 16. In his twenties he was an aircraft salesman; in 1978 he co-owned an eleven airplane forest-spraying business. From 1985 to 1990 he was a partner in Intair a regional airline in Quebec. In 1991, he and a new partner started Royal Aviation Inc., which he sold in 2001 for $84 million in stocks to Canada 3000. Although he was subsequently sued by Canada 3000 for providing inaccurate financial information, the case was never tried because Canada 3000 went into bankruptcy protection in November 2001. In June 2002 he launched Jetsgo. On Friday March 11,2005. Just before the busy Spring-break travel week, Jetsgo entered bankruptcy protection stranding thousands of passengers who could not return home and annoying those who could not leave on their spring-break holiday. Throughout its short life, Jetsgo was plagued with both...
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...Recovery Plan CMGT/410 Huffman Trucking Disaster Recovery Plan Huffman Trucking is a privately held national company with six hundred million dollars a year in revenues. The company has hubs in Los Angeles, California; St. Louis, Missouri; Cleveland, Ohio; and Bayonne, New Jersey. The company maintains a truck maintenance facility at the hub in Cleveland, Ohio. Each hub maintains a data center, linked to the corporate offices through various Internet access methods. Recent reports of computer hacking and database corruption have highlighted the need for a coordinated data security and disaster recovery plan. A comprehensive corporate-wide strategy for data security, site backup, and disaster recovery will allow the company to continue to function and communicate during emergencies that involve any of the company’s data hubs and minimize effect on company operations. Huffman Trucking Disaster Recovery Plan Project Objectives “On August 28, 2005, Hurricane Katrina hit the southern coast of the United States with devastating effect. It was reported that more than 1800 people lost their lives and more than $81 billion dollars in damages occurred” (United States Department of Health and Human Services, 2005). Emergencies and disasters can happen at any time. Planning for disasters takes time. According to Krugman (2006), “even after three months, there was still not a reconstruction plan, let alone a plan under way.” The main purpose of a disaster recovery plan is to...
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...Laurentian Bakeries Inc., was preparing a capital expenditure proposal to expand the company’s frozen pizza plant in Winnipeg Manitoba. If the opportunity to expand into the U.S. frozen pizza market was taken, the company would need extra capacity. A detailed analysis, including a net present value calculation, was required by the company’s Capital Allocation Policy for all capital expenditures in order to ensure that projects were both profitable and consistent with corporate strategies. COMPANY BACKGROUHD Established in 1984, Laurentian Bakeries Inc. (Laurentian) manufactured a variety of frozen baked food products at plants in Winnipeg (pizzas), Toronto (cakes) and Montreal (pies). While each plant operated as a profit center, they shared a common sales force located at the company’ head office in Montreal. Although the Toronto plant was responsible for over 40% of corporate revenues in fiscal 1994, and the other plants was accounted for about 30% each, all three divisions contributed equally to profits. The company enjoyed strong competitive positions in all three markets and it was the low cost producer in the pizza market. Income Statements and Balance Sheets for the 1993 to 1995 fiscal years are in Exhibits 1 and 2, respectively. Laurentian sold most of its products to large grocery chains, and...
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...| Friday » October 19 » 2007 | | | A tale of three good companies and their people | Melanie Collison | Freelance | Saturday, October 13, 2007EDMONTON The idea that individuals are important and can make a worthwhile contribution is front and centre as Edmonton's top companies compete for employees in this labour-short marketplace.To recruit and retain the people of their choice, they're offering recognition, and access to executive ears. They're covering tuition, and investing in safety, health and wellness. And they're building in fun and flexibility.Here are three Alberta companies that embody modern workforce thinking.MICRALYNE INC.A custom electronics components manufacturing firm, Micralyne is one of a mere handful that make microelectromechanical systems (MEMS) used by specialized instrument makers.MEMS components are so tiny that hundreds and hundreds fit on a chip the size of your fingertip. These components move when an electrical force is applied, and trigger an automobile's air bag release, for instance, or direct an overseas telephone call, explains says Jaya Gurjar, marketing and communications.A spinoff from a University of Alberta research facility, Micralyne thrives on new ideas and an open door policy."People are definitely appreciated by management," Gurjar says. "Within the company, there's room to grow."The company as a whole is growing, too, both in its physical plant in the Edmonton Research Park, and in the global marketplace where employees...
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... Sumeet Sohal 213299268 The Plan: Live at home until 2018 to save enough funds for down payment and avoid mortgage insurance. Have at least $75,000 for the down payment, closing and transaction costs, new furniture and other unexpected costs. Get $50,000 assistance from parents for down payment. Monthly Net Income: $90,000 Gross, $65671.50(After Taking Out Personal Taxes: $21,754, CPP 2,480, EI $931) Assets (Present): None .Liabilities (Present): Student Debt ($25,433) + Credit Card Debit ($5,064) Based on the evaluation of Zara’s criteria, current financial situation and overall circumstances, Zara should purchase a one bedroom + den unit (574 sqf) in SQ2 located at Queen Street West and Spadina Ave. The condo, situated in Alexandra Park neighbourhood, is home to several retail stores and home to young professionals which fit Zara’s criteria fairly well. Zara is concerned that she will be “house poor” if she purchases a condo at the present time. However, after a closer look at her savings for initially staying at home until the possession date in mid 2018, she will have enough funds for a decent size condo unit and not be house poor. To ensure that Zara was making the right decision, a closer look at relevant facts including the macro environment, personal financial situation and preferences, and options would be appropriate. Experts are predicting that the Toronto condo market will crash in the upcoming years due to vast supply of...
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...having worse housing, which is an urgent issue considering the critically low levels of safe, adequate, and affordable housing in Toronto and many other areas of Canada. In Toronto, families wait on average 6.4 years for an affordable home (City of Toronto, 2013). In 2011, 1.6 million Canadian families were in “core housing need” (Statistics Canada, 2011). They did not have access to housing that was: (a) not in need of major repairs, (b) affordable, costing less than 30% of their before-tax household income, and (c) suitable for the size and makeup of their family—meaning not too small or large, near the workplace of the income earner, or near a school for those with children. Around 35,000 Canadians are homeless any given night, and 136,000 Canadians must access emergency shelter homes yearly (Statistics Canada, 2011). It is vital for one’s wellbeing to have safe, adequate, and affordable housing, as it is a place to raise families, improve financial security, have access to education and jobs, and feel included in society. Naturally, then, it is a key factor to eradicating poverty in Canada. A strategic plan for utilizing wealth distribution to reduce poverty could include a basic income plan for all Canadians, or other forms of tax transfers. This could move Canadians off the expensive welfare system and onto an income tax based system. Such a plan was used in the 1970s for senior citizens, and was successful in bringing the majority out of poverty. Around the same time, a similar...
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...The Role of the Militia in Today’s Canadian Forces Jack English | September 2011 Strategic Studies Working Group Papers The Role of the Militia in Today’s Canadian Forces ABOUT THE AUTHOR Lt. Col.-Dr. John A. English retired from the Canadian army in 1993 with 37 years service in the King’s Own Calgary Regiment, the Queen’s Own Rifles, and Princess Patricia’s Canadian Light Infantry. Educated at Royal Roads and the Royal Military College, he went on leave without pay to attain an MA in history from Duke University in 1964. He graduated from Canadian Forces Staff College in 1972, attained an MA in war studies from RMC in 1980, and a Ph.D. from Queen’s University in 1989. During his career he served as a NATO war plans officer, Chief of Tactics of the Combat Training Centre, instructor at the Canadian Land Forces Command and Staff College, and curriculum director of the National Defence College. He is the author of A Perspective on Infantry republished in paperback as On Infantry (Praeger, 1984), The Canadian Army and the Normandy Campaign: A Study of Failure in High Command (Praeger, 1991), Marching through Chaos: The Descent of Armies in Theory and Practice (Praeger, 1996), Lament for an Army: The Decline of Canadian Military Professionalism (Irwin, 1998), Patton’s Peers: The Forgotten Allied Field Army Commanders of the Western Front 1944-45 (Stackpole, 2009), and Surrender Invites Death: Fighting the Waffen SS in Normandy (Stackpole, 2011). He is also co-author of...
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...INTRODUCTION Many business owners prepare a business plan before starting their business. However, small business owners often do not include human resource planning as part of their over-all business plan. They may start out with only a few employees or none at all. Over time, it is important to properly forecast employment needs. Just as failing to address potential threats in the marketplace can jeopardize the viability of your business, failing to anticipate personnel needs can impact on overall business success. The success of a business is directly linked to the performance of those who work for that business. Underachievement can be a result of workplace failures. Because hiring the wrong people or failing to anticipate fluctuations in hiring needs can be costly, it is important that you put effort into human resource planning. Planning for HR needs will help to ensure your employees have the skills and competencies your business needs to succeed. An HR plan works hand in hand with your business plan to determine the resources you need to achieve the business’s goals. It will better prepare you for staff turnover, recruitment, and strategic hiring – and alleviate stress when you have emergency/last-minute hiring needs. This module provides a detailed outline of how small business owners can develop a human resource plan. There is also a discussion of issues to consider when developing a succession plan, the plan that is needed to consider how to carry on the...
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...term position in an established and stable work environment with a reputable organization where there is growth potential; I wish to demonstrate my experiences and further my knowledge for the benefit of my employer and myself. HIGHLIGHTS * Excellent written and verbal communication, Multitasking * Advanced computer skills, MS Office proficient * Organized, Problem solving, Independent, Goal oriented * Quick learner, Team player, Dedicated * Analytical, Interpersonal, Positive, Takes Initiative EXPERIENCE * Travel insurance coordinator europ assistance | Thornhill, ON | 2015-present * Knowledge of Travel Industry, Medical Systems and Insurance Open Insurance cases for customer’s Travel Medical Emergencies while interacting via * phone, email, and fax to ensure delivery of efficient, effective, and courteous service Receive, process, and maintain customer data; handle correspondence with providers, members and third party clients Handle inquiries including claim status, payment status and complaint logs; coordinate * Service needs with other departments to ensure proper delivery of services Maintain all performance standards; adheres to all policies and procedures outlined in * client specific protocols * Performs all work in a PIPEDA and HIPAA compliant manner * ADMINISTRATIVE Assistant A&H Asset Auctions | Brampton, ON | 2013-2015 * Assist the Accounting Manager with invoices and billing ...
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