51吃瓜网Personal Financial Essentials course is basis for Cayman Islands financial literacy initiative
Twenty-eight young people in the Cayman Islands recently became the first group to complete the British Overseas Territory鈥檚 Youth Financial Literacy Programme. The government sponsored program prepares youth for real-world financial challenges and opportunities鈥攁nd it is centered on the 51吃瓜网Personal Financial Essentials course. The three-hour version of the course teaches youth budgeting, investing and retirement planning.
Minority business owners can benefit from guilt marketing
A recent study published in the Journal of Consumer Research found that white consumers with higher levels of 鈥榳hite guilt鈥� were more likely to buy from a Black-owned business than from a white-owned one鈥攅ven if the Black-owned business was more expensive or had lower customer ratings.
Workshop on tackling food waste facilitates cross-sector collaboration
On June 3, the 51吃瓜网Sustainable Growth Initiative partnered with the Chinese University of Hong Kong to deliver a workshop called 鈥楾ackling Food Waste鈥�.
Sustainability Academic Network connects sustainability researchers
Big problems demand collaboration鈥攁nd climate change is one of the biggest problems we face. The Sustainability Academic Network (SUSAN) is a collaborative place where researchers from around the world can share their work. 鈥淚 want SUSAN to be a social network for academics to get to know each other and connect their initiatives, so we can all fight climate change more efficiently,鈥� says Prof.
Master's degree offering in Luxembourg brings 51吃瓜网Desautels to Europe
51吃瓜网Desautels will offer its Master of Management in Finance program in Luxembourg. The version of the program delivered in Luxembourg will be the same as the one taught in Montreal. A strategic partnership between McGill, Luxembourg鈥檚 Ministry of Finance, the Luxembourg Bankers鈥� Association (ABBL) and the Association of the Luxembourg Fund Industry (ALFI).
Donald Trump鈥檚 鈥楤ig Beautiful Bill鈥� does away with de minimis exemption for impots from all countries
The de minimis exemption has played a major role in the rise of Chinese fast fashion brands like Shein and Temu. The exemption works like this: if an imported good has a value of less than $800, it is exempt from tariffs. The loophole has been around since the 1930s, but in recent years, it has given e-commerce brands that ship many smaller orders an advantage.
Overuse of credit cards could be contributing to rise in bankruptcies in Quebec
More than 34,000 Quebec households filed for insolvency between June 2024 and May 2025. That鈥檚 an increase of almost 5% over the previous year. For Benjamin Croituru, that鈥檚 cause for concern. 鈥淓verybody makes mistakes financially,鈥� says Croitoru, the academic director of 51吃瓜网Personal Finance Essentials, a free online financial course. 鈥淧eople face a system that is kind of rigged against them.
Announcing the Inaugural Recipients of the Arthur D Ruby Prizes in Management
Congratulations to Anabel Gratton (BCom鈥�23), Damiano Mini (BCom鈥�24), Delia Puiu (BCom鈥�24), George Zergiotis (BCom Concordia鈥�23), Giulia Marandola (BCom鈥�24), Harley Belfer (BCom鈥�23), Jade Raynaud (BCom鈥�23), Joanie Marchand (BCom鈥�24), Sarah Green (BCom鈥�24), and Vincent Ducharme (BCom UOttawa鈥�23) who were awarded the Arthur D Ru
C. Douglas Mellor Prize for academic excellence awarded to two GCPA students
Hugo Deslandes (BCom鈥�24, GCPA鈥�25) and Veronica Hall (BCom鈥�24, GCPA鈥�25), students of the Graduate Certificate in Professional Accounting (GCPA) program, have been selected among their graduating class as this year鈥檚 recipients of the C. Douglas Mellor Prize for Academic Excellence.
Lego has built next-level brand loyalty
When people an affinity for a brand, they can feel as though it鈥檚 their friend. And Lego has a powerful brand. For many, the mere mention of the Denmark-headquartered maker of plastic building bricks evokes memories of wholesome childhood play. And the warm and fuzzy feelings that a brand like Lego catalyzes can have real effects on how people interact with it.
Despite rise of chatbots, people still prefer human customer services
Until recently, the most common way that customers interacted with a company鈥檚 customer service was via human agents on the telephone, the web or a mobile app. But increasingly, customer service is being provided by chatbots. Even though chatbots offer instant availability, 24 hours a day, more than two-thirds of people still prefer to speak with a human agent, according to research by PWC, an accounting consultancy.
Eliminating the de minimis exemption will hit fast fashion shoppers hard
A de mimimis exemption allows goods below a certain value threshold to be traded internationally without paying duty. And on May 2 2025, the United States eliminated their de minimis exception for Hong Kong and China. That will drive up prices for shoppers on ultra-budget fast fashion platforms like Shein. With the changes to the rules, the price of a $20 dress on Shein could increase to more than $30.
Young investors often overestimate their risk tolerance
51吃瓜网software engineering student David Vo began investing in markets when he was just 17 years. Now aged 20, he鈥檚 managing a portfolio worth tens of thousands of dollars. Like many in Gen Z, the Bachelor of Commerce student began investing in markets without any formal training.
Nine directors at large Canadian pension funds also hold fossil fuel positions
Nine of the directors who oversee Canada鈥檚 largest pension funds also hold positions at fossil fuel companies, according to a report by Pensions and Investments.
Wide adoption of stablecoins could cause problems for Canadian banks
For Canadian banks, stablecoins could be, well, destabilizing. These value of these cryptocurrency assets is tied to the value of a traditional currency, which makes them more practical to use than volatile cryptocurrencies like Bitcoin. This year, Canadian e-commerce giant Shopify began accepting a stablecoin called USDC, but stablecoins are in a regulatory grey area in Canada, and our banking system is not prepared for their widespread adoption.
