INSIGHTS THAT WILL MAKE YOUR BUSINESS STRONGER

We are committed to strengthening your business financially. But even if your company’s finances may not be your strong suit, this page will provide you with the resources that can help provide answers to many common business challenges.

RSM’s economic outlook for Canada in eight charts

RSM’s economic outlook for Canada in eight charts

While the Canadian economy may avoid a recession next year, we expect growth will slow below 1% over the next few quarters, well below its long-term capacity.
New rules for Canadian corporations earning passive income

New rules for Canadian corporations earning passive income

A summary of the tax implications of earning passive income through controlled foreign affiliates due to proposed legislation.
Economic statement 2022

Economic statement 2022

On Nov. 3, 2022, Canada’s Minister of Finance released the Fall Economic Statement, which provides an overview of Canada’s finances and sets out new tax measures.
Tax planning: 2022 year-end considerations for businesses and individuals

Tax planning: 2022 year-end considerations for businesses and individuals

This tax planning guide for 2022 and beyond reflects considerations that may create risk or opportunity for Canadian businesses and individuals.
7 Strategies to Grow Your Small Business

7 Strategies to Grow Your Small Business

An overview of the most successful strategies that small business owners can implement to set their companies on the path towards growth.
Economic headwinds: Manufacturing

Economic headwinds: Manufacturing

Canada’s manufacturing sector shows signs of slowing.
Will you have to pay a new tax on your luxury items?

Will you have to pay a new tax on your luxury items?

On Sept. 1, 2022, the Luxury Tax Act came into force which imposes a tax on the sale and import of certain vehicles, aircraft, and vessels exceeding a specified price threshold.
New trust reporting rules coming into effect on Dec. 31, 2022 year ends

New trust reporting rules coming into effect on Dec. 31, 2022 year ends

The Canadian Federal Government has proposed changes to the trust tax reporting requirements which could apply as early as Dec. 31, 2022 year ends.
After a strong recovery in Canada, economic headwinds set in

After a strong recovery in Canada, economic headwinds set in

The Canadian economy has had a year of robust recovery, but now that growth is slowing as economic headwinds set in.
7 Reasons to Grow Your Small Business

7 Reasons to Grow Your Small Business

Small business owners - Find out why growth is essential for long term success and how it can help your business thrive.
5 signs your nonprofit needs to update its business processes

5 signs your nonprofit needs to update its business processes

Modernizing business processes has never been more crucial for mission-driven organizations. Key indicators let nonprofits know it may be time to upgrade their technology.
Inflation eases amid falling gasoline prices

Inflation eases amid falling gasoline prices

After a year of consecutive increases, inflation has finally begun to ease, hitting 7.6% on a year-over-year in July amid declining gasoline prices.
RSM Canada Supply Chain Index turns positive amid slowing economy

RSM Canada Supply Chain Index turns positive amid slowing economy

The RSM Canada Supply Chain Index turned positive for the first time since February 2020.
Bank of Canada raises its policy rate by 1% to tame inflation

Bank of Canada raises its policy rate by 1% to tame inflation

The Bank of Canada announced a 100-basis-point rate hike on Wednesday, the largest increase since 1998, in an attempt to restore price stability.
All About Audits – Part 2

All About Audits – Part 2

Tips on how to prepare for an external audit so your business can get the most out of it.