SNC-Lavalin and the sometimes murky ethics of doing business abroad

If the federal Liberals’ SNC-Lavalin scandal has taught us anything, it’s that doing business overseas—particularly in developing countries—isn’t always as simple and straightforward as it is in Canada. As you likely know, the SNC-Lavalin matter erupted into a national scandal when officials in the Prime Minister’s Office—and Prime Minister Justin Trudeau himself—were accused of pushing […]

Changes to Quebec Sales Tax rules put collection onus on digital service providers

If doing business in Quebec was already tricky for companies residing outside of La Belle Province, it’s now become even more complex thanks to important amendments to provincial tax legislation. Many organizations would be forgiven for missing changes to the Act Respecting the Quebec Sales Tax, which took effect on January 1, 2019. The amendments […]

Brexit causing headaches for many Canadian exporters

In about a month the United Kingdom could unceremoniously stumble its way out of the European Union—the patchwork of nation states that came together in the wake of the Second World War and gradually formed what was intended as a lasting political and economic federation unlike anything the world had ever seen. It would be […]

Canadian entrepreneurs worried about doing business in China should rest easy—for now

It would be an understatement to say that relations between Canada and China have hit an all-time low. For the business community, the rift is causing major uncertainty and trepidation. The question on many a Canadian CEO’s mind: Should we be doing business in China right now? The short answer is: yes. But more on […]

Looming GM plant closure reminds SMEs of the need to adapt to changing customer demand and technology

When General Motors announced plans to shutter its Oshawa assembly plant after more than a century of production, headlines bemoaned the end of an era, not to mention the further decline of the once-impressive Canadian automotive industry. Commentators debated whether the move—which GM said was part of its wider global restructuring plans, and not reflective […]

Interest rates are rising. It’s time to shock-proof your balance sheet

It’s no surprise that debt-carrying entrepreneurs have been on edge of late. They’ve watched interest rates climb steadily over the past 18 months, pushing well past the historic lows that became normalized in the soft recovery that followed the Great Recession of 2008-09. Indeed, the Bank of Canada raised its benchmark rate several times over […]

How trade wars can be the key to business diversification and growth

There’s nothing like an impending crisis to force Canadian entrepreneurs to become more creative in their business dealings, explore new markets and generally seek new ways to become even more innovative. Our slowly-escalating trade conflict with the United States is just such a moment in time when many business owners will begin to re-think their […]

Tesla CEO Elon Musk reminds us about the importance of delegating work

In today’s business environment, leaders are encouraged to speak in a transparent, honest way to their employees, customers, partners, suppliers, shareholders and any other party that may be somehow connected to their organization. Some even take the opportunity to speak of their failures just as readily they discuss their successes. From Facebook executive Sheryl Sandberg […]

Why cyber security is a major threat to your company’s bottom line

When most entrepreneurs consider the many challenges facing their company, the usual suspects come to mind. Think everything from cash flow and financing issues to industry competition and economic upheaval. There is no shortage of factors that can derail the growth and success of a small to medium-sized business. Add one more omnipresent concern to […]

Ontario’s Bill 148 is now law. Here’s how it could impact your business

A new package of labour and employment law reforms in Ontario is poised to potentially impact the competitiveness and the viability of small and medium-sized businesses across the province. Bill 148, The Fair Workplaces, Better Jobs Act, 2017, became law this week, and introduced a range of new amendments designed to modernize the province’s Employment […]