Airbnb: Impacts on the Tourist Economy

By | May 31st, 2017|Technology|

I was recently standing in line and the two individuals (who did not appear to know each other) were discussing Airbnb. The one individual had made a positive comment about one she had used on a recent trip. The other retorted (rather harshly) that they were making local hotels suffer here and impacting the tax base. She thought they should all be shut down. The individual who had been scolded looked like they wanted to say more but just shrugged and turned away. I stayed quiet through the exchange but it had made me thoughtful of the effect of technology. Something [...]

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Will Robots Take All Our Jobs?

By | May 24th, 2017|Technology|

If you listen to any current tech or business podcasts, chances are you will have heard one on how robots are taking over our jobs. The doomsayers say that computers (including robots and artificial intelligence) will have the capacity to overtake many jobs. Boston Consulting Group predicts that they will take over up to 25% of jobs by 2025. An Oxford University study shows this margin to be higher (35%) but gives a longer timeline of two decades. So what does this mean to you? - Well a lot. Maybe everything. I am an Accounting Futurist - What is that you say? Well [...]

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Top 6 Things Business Owners Should Know About Paying Employees in BC

By | May 16th, 2017|Business|

1)   Statutory Pay – Employers must pay all eligible* employees an average days pay** on each statutory holiday regardless of whether they work or not. If the eligible employee does work on a statutory holiday they are entitled to 1.5X their normal pay (up to 12hrs and 2X thereafter) PLUS an average days pay. AKA closing shop does not get you out of stat pay but staying open is expensive! Statutory Holidays in BC: New Year’s Day, Family Day, Good Friday, Victoria Day, Canada Day, BC Day, Labour Day, Thanksgiving Day, Remembrance Day and Christmas Day. Note: Easter Sunday, Easter Monday [...]

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