CPABC - Industry Update

The office of 2020 and beyond: What is the future of work?

BY Lori Mathison | November 15, 2019

CPABC’s 2019 BC Check-Up report paints a clear picture of British Columbia’s tight labour market. As noted in the report, unemployment in BC fell from 6.1% in 2014 to 4.7% in 2018, while the job vacancy rate increased by 0.8%, reaching a high of 2.5%. Competition for talent is tough, and employers in all industries are struggling to fill positions. Making matters worse is the shift to a more transient and mobile workforce.

Savings strategies for baby boomers

BY Bryan Sommer | November 12, 2019

Baby boomers are the generation that “had it all,” with unprecedented opportunities for upward mobility. Now that this generation—currently aged 53 to 71—are either getting ready to retire or have already done so, here are some tips and strategies to help them get on the right track

What would I tell my younger self? CPAs share their personal finance tips

BY Vince Kanasoot | November 07, 2019

Being a young professional is an exciting time in life, but it can also be a challenging period when it comes to managing personal finances. The more informed someone is in how to best manage their financial resources, the more likely they’ll be able to conquer the financial hurdles that come their way. As November is Financial Literacy Month in Canada, Industry Update spoke with two financial literacy experts and Chartered Professional Accountants to see what their advice is for young professionals.

Thwart cyber-criminals through better password policies

BY Eric Byres | November 05, 2019

Research has shown that requiring frequent password changes actually decreases computer security. According to a report by the UK government’s National Cyber Security Centre (NCSC), “Regular password changing harms rather than improves security, so avoid placing this burden on users.” So how can an organization increase its online security while also making everyone’s login experiences a lot easier?