China has embarked on a major reform of tax laws that could have sweeping implications for high-net-worth individuals inside the country, not to mention Chinese-Canadians and Chinese citizens who have investments in Canada. Perhaps the most high-profile example of the country’s efforts to close tax loopholes and boost tax revenue are the recent accusations lodged […]
After reading our last post you might be wondering why an accounting firm that specializes in working with entrepreneurs is focusing on cyber security. The simple reason is that threats ranging from phishing scams to ransomware and malware pose a significant threat to every small and medium-sized business’ bottom line. To be sure, no organization […]
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 […]
Political instability, tumbling currency values, economic uncertainty—they’re common reasons why high net-worth foreign investors often try to extract funds from their home countries and search for financial refuge elsewhere. Many look to Canada as that safe-haven. Why? Put simply, our $1.6 trillion economy is one of the largest and most stable in the world. The […]
When Bank of Montreal and Bank of Nova Scotia, two of Canada’s largest banks, recently announced the introduction of new or revised mortgage lending rules for foreigners and international students, many across the country hailed the decision. Those sentiments were strongest in cities such as Vancouver and Toronto, where foreign buyers have been blamed at […]
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