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Margaret Atwood to receive Canadian Booksellers Association Lifetime Achievement Award

Canadian Booksellers Association (CBA) today announced that the industry’s prestigious Lifetime Achievement Award will be awarded to Canadian author Margaret Atwood.

The Lifetime Achievement Award  will be presented to Ms. Atwood at the industry’s annual gala which this year will take place on Sunday June 3, 2012 at the Toronto Congress Centre.

The ceremony will close out CBA’s annual Libris Awards, which celebrates excellence in the Canadian bookselling industry.

Please click here to view complete release

More information on the Elimination of the Penny

The Government announced the elimination of the penny and has proposed a system of rounding (up or down) for cash transactions and a ‘status quo’ for other transactions (credit card, debit, etc…)

Rounding: A rounding guideline that has been adopted in other countries, and that will be adopted by the federal government for cash transactions with the Canadian public, is:

The calculation of the Goods and Services Tax (GST) or Harmonized Sales Tax (HST) on purchases, whether for cash or non-cash transactions, will continue to be calculated to the penny and added to the price. It is only the total cash payment for the transaction that will be rounded.

For more information, please click links below:
Withdrawing the Penny from Circulation

Fact Sheet and FAQs – Businesses
Fact Sheet and FAQs – Rounding

 

CBA speaks at Senate hearing regarding book pricing

CBA President Mark Lefebvre, Vice-President Christopher Smith and CBA Member Chris Tabor, representing campus, attended a Senate hearing in Ottawa today to address the issue of Canada-US price differences on books, blaming the discrepancy on old and outdated rules.

"Our members, who run, own and manage local businesses in communities across our great nation, are tired of being apologists for a policy that none of them have any control over … books are often thrown in the face of booksellers," said Mark Lefebvre, president of the Canadian Booksellers Association.”

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