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.

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.
All About Audits – Part 1

All About Audits – Part 1

Comprehensive guide that covers everything you need to know about audits.
Why organizations should take a strategic approach to human capital management

Why organizations should take a strategic approach to human capital management

Human capital management is central to organizational transformation. Business leaders who want to achieve operational excellence need an effective strategy to attract and retain talent.
Canada’s unemployment rate falls amid a chronic worker shortage

Canada’s unemployment rate falls amid a chronic worker shortage

Canada added 15,000 jobs in April and the unemployment rate fell slightly to 5.2% as the job market remained heated, according to data released by Statistics…
2022 Ontario Budget Commentary

2022 Ontario Budget Commentary

The following is a summary of the key business and personal income tax measures, and indirect tax measures in the Ontario budget.
Canada’s economy continues to show resilient growth

Canada’s economy continues to show resilient growth

As the number of COVID-19 cases dropped and public health restrictions eased, Canada’s economy grew 1.1% in February, its largest increase in a year and a sign…
Bank of Canada raises rates by a half percentage point

Bank of Canada raises rates by a half percentage point

In an effort to target inflation that is at its highest level in decades, the Bank of Canada on Wednesday increased its policy interest rate by 50 basis points…