All posts by Rachel Levy-Mclaughlin

This contaminant research lab is on a contaminated site

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The land surrounding River Road near the Ottawa airport is sparsely populated with houses, an Asian restaurant and a large government laboratory. These buildings are sitting just metres – for the lab right on top of – an active, high priority contaminated site, according to an analysis of data from the Federal Contaminated Sites Inventory.

335 River Road is an Environment and Climate Change Canada laboratory, where they study chemical contaminants and oil spills. According to Samantha Bayard, Environment Canada spokesperson, the site once housed a manufacturing facility that could have contaminated the area.

She added, however, that the lab has “a number of storage tanks and there are hazardous materials stored onsite.”

The soil and groundwater around the laboratories are contaminated with chemicals called polycyclic aromatic hydrocarbons (PAHs) and halogenated hydrocarbons. Both occur naturally but can be harmful in large amounts.

According to Richard Amos, a Carleton environmental studies professor who specializes in groundwater contaminants, PAHs refer to a larger group of toxins. The harm from these chemicals differs depending on the specific compound, said Amos. The specific compounds on the site are not listed.

“You really don’t want any of them in your drinking water,” said Amos, hand drawn illustrations of chemical compounds sitting on his desk. “Most of these are going to be harmful at some level.”

The full extent of the contamination at this site isn’t yet known. According to the government listing, the site has only had initial testing done, and it was ranked high priority under the National Classification System for Contaminated Sites.

According to the system, high priority means the site typically “shows a propensity for high concern for several factors, and measured or observed impacts have been documented.”



National Classification System for Contaminated Sites (Text)

It isn’t just Environment Canada that has contaminated sites near major city centres. There are a total of 14 active, high priority federal contaminated sites within the Ottawa area alone.

 

The chemicals at 335 River Road are in the groundwater, according to the listing. Contamination in the groundwater doesn’t necessarily pose a problem on its own, said Amos, given that there isn’t much besides bacteria to be contaminated. The issues arise, however, when the water moves from underground.

The Environment Canada labs are located right beside the Rideau River.

“If contaminants are near a river, it makes it more of a problem because they can be transported more easily,” said Amos, and therefore can affect both the local ecosystem and human health.

Amos said that public knowledge is critical. According to Sabrina Kim, assistant to Environment Minister Catherine McKenna, a notice was sent to stakeholders and locals in the community about the site at the end of October this year. She said no one has complained or responded to her office about the notice.

Staff for the ward councillor of Gloucester-Southgate – where the site is – were completely unaware of the site. The staff at Angry Dragonz – the Asian restaurant just down the road from the site – were equally unaware of it, as was the single customer having lunch who works in the area.

“They don’t advertise it, so how would we know?” said the cook at the Angry Dragonz, who did not want to be named. “If we’re not looking for it, how would we know it’s there?”

Bayard declined to answer further questions about the site when asked about the content of the notice and who it was sent to.

The extent – and cost – of fixing the issues of this site are still unknown. According to Bayard, the second round of testing on the site is scheduled to begin this month and will last until March.

Ottawa renters struggle with price increases

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Two years ago, Jordan Harding remembers waiting for an apartment in the Glebe. He was told rent would be $1,375 per month. Six months later when it became available, he said the rent had increased to $1,750, almost 30 per cent more.

Harding isn’t the only one to notice dramatic rent increases in Ottawa. Across the city and its surrounding areas, rent has been crawling – and in some places leaping – up.

On average, rent in Ottawa has increased 14.2 per cent from 2011 to 2016, according to an analysis of Statistics Canada’s 2016 census data. Areas in Gloucester, Nepean and Alta Vista have seen increases higher than 50 per cent.

There are several factors that can contribute to rent increases, said Anne-Marie Shaker, senior analyst with the Canadian Mortgage and Housing Corporation. The corporation reports on housing statistics across the country, and Shaker wrote the report on the 2016 rental market in Ottawa.

Jordan Harding rents a house in Ottawa’s west end, paying more every year he says. | Photo by Rachel Levy-McLaughlin

According to Shaker, renovations to existing buildings and completions of new ones are two main factors causing dramatic rent increases. The newer units and buildings have more amenities, so landlords can charge higher rent. In areas like the Glebe, where few buildings are being constructed, renovations are a more likely factor driving up rent prices.

Ontario’s rental prices are controlled by the province. Existing tenants can only have their rent increased every 12 months, and only by around two per cent. The number varies year by year depending on the market, but hovers around two per cent. New tenants can be charged what the landlords ask, but can only have their rent increased after 12 months in the unit.

Harding decided not to take the Glebe apartment and found a two-bedroom house in Ottawa’s west end, near Nepean.

It’s an old wooden house – the kind that creaks when the heat comes on – that costs him $1,850 per month, excluding utilities. According to data from the Canadian Mortgage and Housing Corporation on completed rental units in Ottawa, Nepean saw one of the hightest growths in new rental units from 2011 to 2016.

These new units, according to Shaker, are a factor that drive up rent prices for the surrounding buildings, like Harding’s.

“It’s not reasonable at all,” said Harding, a website developer who works primarily from home, stacking three monitors, speakers and two servers on his kitchen table. “I’ve rented three-bedroom penthouses 10 years ago in Ottawa for $1,050.”

Renters would be hard-pressed to find many apartments at that price anywhere in Ottawa now, with average rent crawling up to $1,440 in 2016 according to the census data.

Some areas of Ottawa saw increases in rent as high as 87 per cent. That’s more than 17 per cent per year, significantly above Ontario’s rent increase guidelines which hover around two per cent.

 

Peter Dazé, another long-time Ottawa renter, said he has seen an increase every year for 25 years, although it’s rarely more than the two per cent guideline.

“If I didn’t get an increase, I would think something was wrong,” said Dazé from his office at Public Services and Procurement Canada. “I expect an increase, always, always, always.”

He admitted that such increases can pose challenges. “Some years, I’ve gotten rent increases, but my salary did not go up during those years,” he said. “So it causes some grief, some stress.”

Jordan Harding, a website developer, created rentalreport.ca to help renters know more about their units. | Photo by Rachel Levy-McLaughlin

It was that stress that inspired Harding to create a website, rentalreport.ca. It’s a portal for renters across Canada to share information about their unit, like cost of rent.

“It’s just good for people to know what they’re getting themselves into,” said Harding. He said knowing the previous tenant’s rent could be “a good bargaining chip” in lowering rent prices.

Harding is set to move back to the Glebe next month, into a two-bedroom apartment for $2,500. While he said it’s way more than he’d like to pay in rent, it’s still cheaper than buying it.

Featured photo: New buildings can drive up the rent of the surrounding buildings, says Anne-Marie Shaker with the Canadian Mortgage and Housing Corporation. | Photo by Rachel Levy-McLaughlin

Ottawa spa receives frequent city health infractions

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Redound Spa in Ottawa has been issued a total of 86 health and safety violations since 2013, with a median of 8 infractions per inspection, according to an analysis of the City of Ottawa’s public health inspections data.

The spa, located on Bank Street in Centretown, has received the vast majority of its infractions for improperly sterilizing and cleaning equipment and the surrounding area (using linens for one customer only, ensuring surfaces are properly cleaned).

The three most common infractions were for using improperly sterilized or unsterilized equipment. As a spa and hair salon, there are two separate infractions for sterilizing and cleaning equipment, one for general equipment (hair scissors, brushes) and the other specific for manicure and pedicure equipment (cuticle cutters, foot scrubs).

The other most common infraction was for using equipment more than once that cannot be sterilized or disinfected. This is typically manicure and pedicure equipment. The regulations stipulate that such equipment must be single-use, meaning the spa employees were using the same tool for multiple clients.

These three types of infractions were each indicated in 9 of the 11 recorded inspections the city has publicly available for the spa.

Despite several phone calls, voicemails and in-person attempts, the owner of the spa was unavailable for comment.

Inspections are routine as part of the City of Ottawa’s regular check-ins for institutions like spas, tattoo parlours and hair salons to ensure they follow Ontario’s health and safety protocols.

According to a spokesperson from Ottawa Public Health, the health inspectors use “educational, procedural, and re-inspection measures to ensure compliance” with the regulations. The spokesperson said that the inspectors can “take action” with institutions that present health hazards, like forced shut down or removing the items the officer deems hazardous. What constitutes a health hazard is determined by the health officers.

While action notes from the inspections officer are not available in the data, re-inspection appears to be one method public health officers have taken in the past with Redound Spa. On August 12, 2015, the spa received six infractions, below their median count. Just one week later, on August 19, there was another inspection and the spa only received one infraction. According to the data, the interval between regular inspections is at least one month.

There was another instance where two inspections similarly took place a week or so apart, in 2013.

Katherine McMahon visited Redound Spa last month on a Groupon coupon, and she says she will never go there again. She says that while she was there for a manicure, the nail technician cut her finger with the cuticle cutters.

“She cut it bad,” said McMahon, who moved to Ottawa from France in June so was trying to find a new salon. “It was just bleeding and bleeding and bleeding.”

She said the spa employee tried several ways to stop the bleeding, including pouring the alcohol used for the manicures, dipping it in cold water, and she said the employee even tried using nail glue (to adhere fake nails) to hold the skin together.

Katherine McMahon says she will not be returning to Redound Spa. [Photo: screenshot of Google review]
Katherine McMahon says an employee of Redound Spa cut her finger while doing her manicure. [Photo courtesy of Katherine McMahon]
She said that the employee did not apologize and continued using the same tools that had cut her finger.

“They could have managed it so differently which is why I left such a nasty review,” said McMahon.

Of course, accidents do happen and this may not constitute a health and safety infraction, however using the same tools after the finger was cut might raise some public health eyebrows.

The most recent available health inspection dates June 9 of this year, with a count of six infractions.

Featured image: Redound Spa in Ottawa receives an average of almost 8 infractions per health and safety inspection. [Photo © Rachel Levy-McLaughlin]

Self-injury sends more women to hospitals than men

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Women in Ottawa are being hospitalized for self-harm almost double the rate of men, according to an analysis of data that a national research institute uses to track hospitalizations.

Data from the Canadian Institute for Health Information shows that 462 women were hospitalized in Ottawa last year for self-inflicted injuries such as burning, cutting, overusing drugs or attempting suicide in other means, compared to 270 men. That’s around eight women for every five men.

This trend is visible consistently in Ottawa dating back from 2010, the earliest date the data provides. But according to specialists, that is only part of the story.

“Women use different methods to attempt, so they tend to stay alive,” said Renée Ouimet in an interview. She is the coordinator of the Ottawa Suicide Prevention Coalition, which is run through the Canadian Mental Health Association’s Ottawa branch. The coalition runs workshops and trains Ottawa residents on how to manage suicide attempts.

She said that the means women use, in general, tend to leave time for the person to be discovered, whereas men tend to use more violent, and faster means.

Ouimet said that it isn’t really an issue of women attempting suicide more frequently than men. She said the numbers for attempted suicide are about equal, men to women, but that men tend to ‘complete’ suicide more frequently. She also said that women seek help more often, and that mental health programs tend to be geared more towards females.

Renée Ouimet, coordinator of the Ottawa Suicide Prevention Coalition. Photo courtesy of Renée Ouimet

Ouimet made a point of differentiating beteen self-inflicted injuries and suicide attempts, stating they are often different things. “You can self harm and cut and burn for years and years and never attempt suicide,” said Ouimet. She did note that many who do self-harm, however, may also attempt suicide at some point.

For the purposes of having clean, unambiguous data, the health institute slots attempted suicides with self-inflicted injury leading to hospitalization into the same category.

Mark Patton, a counsellor with Family Services Ottawa, said in an email exchange that in his work he sees the trend of more women self-harming than men. He said that in his experience, however, men tend to cut less but tend to use “methods of self-harm that are more ambiguously self-harm.” If someone is driving recklessly, he said, or drinking heavily, are these methods of self-harm?

The data would say no, but it is confined to a strict definition of self-injury.

Patton said that might be a sign of bias. “When most people think about self-harm, they likely imagine a girl or woman who cuts,” he said, so other forms of subtler self-injury are not being accounted for.

The health institute stipulates that this category includes only what is clearly self-inflicted injuries requiring hospitalization, meaning only those actually admitted to the hospital, not just the emergency room. It also recognizes that many cases were likely intentional self-harm but could not be listed in that category unless the practitioners or nurses were certain it was deliberate.

That means there are even more hospitalizations for self-injury than currently visible in the data.

Even without those cases, Ottawa hospitals still see hundreds of female patients for self-inflicted injuries. This trend of women being hospitalized more for self-harm is present across the province and even across the country.

** If you are in distress or considering suicide, there are places to turn for support, including the Ontario Suicide Prevention Network at 416-670-4689. The Canadian Association for Suicide Prevention also has information about where to find help.**

Farming and child labour at Mount Elgin Residential School

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Topic:

Farming practices at Mount Elgin Residential School

What’s new:

Students at Mount Elgin Residential School using the tractor to farm | Photo courtesy of Shingwauk Residential Schools Centre, Algoma University

There is evidence in Mount Elgin’s records obtained through an access to information request that children were forced to labour on the farm. An RCMP report says that students ran away from the school and often complained that the conditions were too hard on them.

Why it’s important:

Little has been published on Mount Elgin, which operated just outside of London until 1946. It was mentioned briefly in the Truth and Reconciliation Commission’s 2015 reports as one of the few schools that operated in southern Ontario.

The records show how the school operated, and how children were used to benefit the farm.

In 1945, the school farmed hundreds of bushels of crops.





As noted in the above document, the school only employed one farmer, so the students were left doing most of the work.

Anne Lindsay, an archivist from the National Centre for Truth and Reconciliation, noted that it was common for residential schools in Ontario to run farms for the students to learn how to harvest crops and to subsidize some of the costs for food.

An RCMP report from 1943 shows the repercussions and impacts of these extreme farming practices at Mount Elgin. Constable W.E. Needham was called to retrieve students who had run away from the school. In the report, the officer explains that the students ran away because they were forced to work on the farm. The officer calls the discipline “too severe.”

“[These] children have very little or no recreation,” wrote Needham in the report, “and with help so scarce they are obliged to do the majority of the farm work, resulting in these children being overworked.”

That children ran away from residential schools is not new information. What is new information is that many were running away from Mount Elgin because they were being overworked on the farm.

In the grander scheme of things, this report shows that new information is still coming to the surface about what happened in these schools. Though the offices of the Truth and Reconciliation Commission have closed and become the National Centre for Truth and Reconciliation, the process of reconciling with the past is not over because new information is still being discovered.

What the government says:

Indigenous and Northern Affairs Canada could not comment on this school in particular. The spokesperson simply referred to the webpage on reconciliation when asked what the government does when new information surfaces about the operation of schools, whether that changes the reconciliation process.

Lindsay at the National Centre for Truth and Reconciliation was quick to dismiss the report and its implications.

“At that time, children were an economic part of a family,” said Lindsay. “You have to look at it in the context of childhood at that time.”

What others say:

Mike Cachagee is the president of the Ontario Indian Residential School Support Services. He is from Chapleau Cree First Nation and is a residential school survivor. Though he never went to Mount Elgin, he was one of the student farm hands at residential schools near Thunder Bay.

Mount Elgin Residential School | Photo courtesy of Shingwauk Residential Schools Centre, Algoma University

Cachagee did not agree with Lindsay’s assessment of the report.

“If they had done the same thing with white schools, yes I could say this was a sign of the times, but they didn’t,” said Cachagee. “It was a sign of the times in how they treated Indigenous people.”

What’s next:

Indigenous groups like Ontario Indian Residential School Support Services are working with the National Centre for Truth and Reconciliation to ensure accurate recording of what occurred at residential schools across the country. As more reports are found and filed, new information is surfacing about what went on at these schools. According to Cachagee, the Ontario Indian Residential School Services want to make sure that information is properly archived and used for educating the public.

ATIP and FOI Requests

Documents:





Battling no water complaints in Rideau-Rockcliffe

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Joe Kabangele came home for lunch one day in January 2016. He went to wash his hands, as is his daily routine, turned the faucet and nothing came out.

He said their house was without water for more than four hours and they had no idea what was going on.

Rideau-Rockcliffe residents logged one of the highest numbers of no water complaints in 2016 | Photo by Rachel Levy-McLaughlin

“It was really hard for my wife,” said Kabangele. “The only water she had left was in the pot on the stove.” She couldn’t do anything, he said, not even give their daughter a glass of water.

Kabangele couldn’t wash his hands before he ate that day.

Hand washing aside, this is not an isolated incident for Ottawa, according to an analysis of a database that the city uses to document service requests. Rideau-Rockcliffe, the ward where the Kabangeles live, logged 50 complaints of no water and no temporary service in 2016. Somerset and Kitchissippi logged slightly more.

Number of no water, no temporary service complaints in 2016

No temporary water service complaints mean that the water was shut off for an emergency, so there was no time to hook the residents up to a temporary water service. While there are a number of reasons for emergency shut offs, according to a statement from the city, they occur most often because of watermain breaks. Other causes include freezing or concerns of water quality.

According to the city, there were 22 watermain breaks in Rideau-Rockcliffe in 2016, with just over half of them occurring during the winter months.

“There are a number of factors that can contribute to watermain breaks,” said Carol Hall, program manager of water distribution with the City of Ottawa in an interview. Those factors include the age and material of the pipes as well as the water temperature and frost level.

“Historically, we experience 74 per cent of our total watermain breaks on these older metallic pipes,” said Hall.

Kabangele said that he thought his water was shut off due to freezing. This could mean the service pipes connecting residents to the watermain froze, or it could have been one of the watermain breaks during the winter that year. The city was unable to confirm reasons for specific residents losing access to water.

The city of Ottawa is making strides to lessen the number of complaints of no water by correcting the issue of watermain breaks. They’re doing so through a program called the Cathodic protection plan.

The plan involves placing charged pieces of magnesium metal, called anodes, on the water pipes in order to drive corrosion away from the pipes and into the metal pieces instead.


In the spring and summer of 2016, the city installed these anodes to pipes across the city based on the “frequency and severity of watermain breaks in Ottawa over a five year period,” according to the city’s website.

Rideau-Rockcliffe was among the 11 wards to receive the Cathodic protection plan, including the Kabangeles’ street.

Number of installations of the Cathodic protection plan in 2016

Hall noted, however, that while this plan helps to slow corrosion, it “does not prevent further failure.”

Rideau-Rockcliffe experienced 4 watermain breaks in the month of January 2017 according to the city. As Hall noted, there are other factors that play into watermain breaks other than the conditions of the pipes.

Rideau-Rockcliffe was one of wards in Ottawa to have its watermains protected | Photo by Rachel Levy-McLaughlin

The Kabangeles have not gone without water since last January.

“Thankfully,” said Kabangele, “that was the only thing that happened.”

Since then, every time Kabangele turns on the tap to wash up before lunch, there is water flowing through the faucet.

Featured Image courtesy of the Rideau-Rockcliffe Community Resource Centre.

The Edison of the ocean

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Robert W. Boyle is the inventor that history forgot.

The Canadian physics professor was responsible for opening up the ocean to military and scientists around the world with what was revolutionary technology at the time, sonar. Few remember him.

Boyle made a major development in sonar technology during the First World War. Not only did it change the face of war, but sonar allowed scientists to understand the ocean in a way that would have been impossible without it.

“Acoustics underwater is sort of like light in the air,” said Rich Pawlowicz, a professor of oceanography at the University of British Columbia. Underwater, light can only travel a few metres, but sound can travel halfway around the world.

That would make Boyle akin to Thomas Edison, who didn’t invent the light bulb but gave the world the first usable one. The world definitely remembers Edison though.

Boyle was teaching physics at the University of Alberta during the First World War. His colleague, Sir Ernest Rutherford, was in England at the time trying to develop technology to detect German submarines. Scientists were rushing to build machines that used sound to see the ocean.

French inventor Paul Langévin is widely credited as the inventor of sonar. According to All True Things by Rod MacLeod, Langévin had the theory behind sonar in 1916, but his machine was too bulky and was never used on any ships.

In 1917, Boyle created the first working sonar. He changed the material of the inner device to quartz, making it more compact and with a clearer quality. This was the first sonar to be mounted on a warship, according to MacLeod.

Boyle never took any patents for the sonar, as Langévin did. As MacLeod states, between the tight secrecy regulations surrounding the Royal Navy at the time and Boyle’s strong sense of humility, he wasn’t credited for the invention either. So he slipped out of historical recognition.

When Boyle’s sonar turned on the figurative lights in the ocean, they were used mostly for war. In the Second World War, the battle moved underwater. As Popular Science’s James L.H. Peck reported in 1946, that was only possible because of sonar.

“The new eyes and ears of the ship,” wrote Peck, “do their jobs as silently as those of people.”

Elinor Sloan, professor of military and strategic studies at Carleton University, said that anti-submarine warfare was Canada’s main mission during the Cold War as well, and continues today.

“This was just a mission that Canada took on,” said Sloan. “We’re a little bit better at it.”

Once the wars had stopped, scientists began looking around the ocean for more than enemy subs.

Sonar has let scientists examine parts of the ocean that were inaccessible before. As sound waves bounce off objects in the ocean, sonar can relay much more than location. It can give the size, shape, density and direction of movement depending on how the waves return.

“The only way of seeing this is with acoustics,” said Pawlowicz, “because you can make a kind of photograph of what the ocean looks like.”

Ocean scientists like Pawlowicz are now using sonar to map the deep ocean mountains, areas that could never be accessible to machines or people. He said that his research right now examines the flow of water between deep-sea basins, the valleys of the ocean.

“All of this would be impossible without acoustics,” said Pawlowicz.

“Sonar is as useful a tool as using light to see everything you see in every day life.”

All of this may not have happened if not for Boyle.

Documentation Material:



The most important piece of documentation I acquired was the pages in All True Things: A History of the University of Alberta 1908-2008 by Rod MacLeod. I found it on the Library and Archives Canada website and arranged a viewing of it. This is the most thorough piece of information regarding the main character in my story, Robert W. Boyle. As he was given little (if any) credit for inventing a workable sonar, and so it is difficult to find reliable information on him.

My second piece of documentation is an article from 1946 in Popular Science. It was referenced in a different article I was reading about the history of sonar. Instead of using the secondary account of what the article was saying, I went straight to the source. I found it quite simply through Google. The article goes through the history of sonar and explains how it was important for military operations in the Second World War. It jumps in time, however, from the development of the theory to ships suddenly having sonars. That missing step is where Boyle came in and did his work.

Growing pains for lululemon

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Despite a surge in stock prices and unexpectedly high revenue for lululemon athletica inc., the company had a disproportionate increase in expenses this past quarter.

Lululemon’s administrative expenses increased more than its revenue, according to the financial statement from the third quarter. The statement, released on Dec. 7, 2016, shows an increase in revenue by 13 per cent, but administrative expenses increased by 18 per cent.


Expenses growing faster than revenue can be a potential red flag for investors.

While a difference of five per cent does not sound like much, it means that it is costing lululemon more to do business than what the company is bringing in.

As seen in the financial statement, 34 per cent of its revenue went into administrative expenses, which include staff wages for the stores and head office, running the head office, and marketing the brand.



Lululemon opened 35 new stores this quarter, mostly in the United States. These new stores require new staff, and that staff requires wages, benefits and bonuses. Along with the staff for the stores themselves, lululemon needed to expand its head offices in order to ensure these new stores had proper management.

Both of these expenses comprise about half of the administrative expenses in the financial statement.



Michael McIntyre teaches financial accounting at Carleton University. Photo from the Sprott School of Business.

According to Carleton University business professor Michael McIntyre, these are an expected expenditure when a company opens new stores. The staff both in the stores and in the head offices must increase if the stores are increasing in numbers.

McIntyre said that it is not uncommon for newly opened stores to drain a company’s revenue in the inaugural stages. The expenses to operate these new stores are equal to mature, longer-established stores, McIntyre said, but the sales are not typically as strong as those established stores.

Lululemon is putting its unique flare into these new stores. The company prides itself on what it calls community feel, as seen in the company’s mission statement. CEO Laurent Potdevin said in a press release that the company strives for an “unparalleled guest experience.”

As these new stores have been rolling out around the world, they have included smoothie booths, art installations and lounge areas. Lululemon is turning away from the showroom style clothing store and pressing for a place where customers can hang out and relax.

This community feel that the company puts into its stores translates into a fairly unique expense in lululemon’s financial statement called community costs.



As can be seen in the financial statement, community costs are lumped together with other professional expenses. As McIntyre said, this innovation has a cost, in execution but particularly in planning. They would have needed to bring in marketing experts to build this community experience, he said.

The company denied to comment on how much of the $8 million was put into community costs, and denied to comment on how that $8 million was divided up overall.

McIntyre is not overly concerned about this increase in administrative costs. He says that the company is big enough to experiment with things like smoothie booths and art installations in the stores.

“It may work, it may not,” he said. Either way, he said, they will probably be fine.

Investors similarly do not seem concerned about this increase in expenses. Lululemon stocks were down during the fall when the retail market in the U.S. went through a slump.

On Dec. 7, 2016, however, the financial statement was released and it reported better results than even the company had predicted. Lululemon’s stocks jumped from 59.50 to 70.25 the next day and have remained around the same price since.



Fall slump by rachellevymclaughlin on TradingView.com

“Our entire team is excited about the momentum in the business,” said Potdevin in a press release. “We look forward to 2017 and advancing our long-term goals.”

In other words, the company is not planning on discontinuing its growth any time soon. It is so far working in its favour.

McIntyre warns, however, that it is important to keep an eye on expense increases, especially when they are disproportionate to the revenue increases. They can spell bad news for the company and investors.

Featured image from Mike Mozart, flickr Creative Commons.