Posts

woman working from her home office

CRA signals a willingness to simplify home office tax deductions for employees

  Almost overnight, the COVID-19 crisis launched many Canadian businesses into the most ambitious remote-work/home office experiment ever attempted. Widespread lockdowns forced businesses to either shutter or have their employees work from home until further notice. Many still are—and have no plan to return to the office. Indeed, many a CFO and accounting department embraced […]

office staff in the workplace

Kick-start your return-to-growth strategy with a focus on the workplace

What will the new normal be? That’s the question businesses across Canada and around the world are trying to answer as governments lift restrictions put in place to help limit the spread of COVID-19. With companies eagerly reopening retail locations, ramping up production at manufacturing facilities and re-energizing their offices, it’s critical for leaders to […]

Business cybersecurity

Cybersecurity is a top priority for mid-sized companies in the COVID-19 era

  It goes without saying that COVID-19 has forced organizations to reconsider every aspect of their operations, from service delivery to the role of technology in keeping their workplaces safe. As they continue to restart and ramp up operations, cybersecurity will rank among their top concerns. A high degree of vigilance could help fend of […]

Construction workers and Canada Emergency Wage Subsidy extended

COVID-19: Canada Emergency Wage Subsidy extended and expanded

As the federal government takes steps to slowly wind down COVID-19 relief measures such as the Canada Emergency Relief Benefit, its economic recovery strategy is becoming clearer after it was announced on Friday that the Canada Emergency Wage Subsidy  would be extended to November 21st, 2020 (or nine claim periods) and possibly to December 31st, […]

M&A deal

M&A opportunities and challenges in the COVID-19 era

COVID-19 changed our world overnight as it quickly evolved from a global health crisis to a global economic crisis. Countries around the world closed non-essential businesses and pressed pause on their economies in order to stop, or at least slow, the spread of the novel coronavirus. A global pandemic was always going to be bad […]

Ontario Finance Minister Rod Phillips

Ontario tables $17 billion COVID-19 stimulus package with economic update

The COVID-19 crisis and ensuing shutdown of entire economies across the globe has sent governments scrambling to respond. From providing aid to individuals to supporting devastated businesses, stimulus packages have been organized at an unprecedented pace to boost market liquidity, mitigate shocking spikes in unemployment and stave off an even more widespread recession. It’s in […]

BDC loan program business people shaking hands

Lending rules for BDC’s COVID-19 relief program take shape

As the federal government rolled out a sweeping package of stimulus measures this week to cushion the economic blow from the COVID-19 epidemic, business owners across Canada immediately sought information as to how they could quickly access the new relief programs. The urgency has been heightened by complete shutdowns across some sectors such as hospitality, […]

Office closure update: We’re working remotely, but still open for business

Our management team has been closely monitoring the rapidly-evolving coronavirus situation and assessing our response on a daily basis. As we noted previously, we took several steps this week to ensure the health and safety of our clients, employees and other partners—including pausing all in-person meetings and staff visits to client sites, and allowing staff […]

Taxation Specialists

COVID-19 Economic Stimulus: We analyze the tax implications

The federal government’s announcement Wednesday of an $82 billion stimulus package to offset the devastating economic impact of the COVID-19 outbreak provided a modicum of reassurance to Canadian businesses. Ottawa’s message was simple: we’re here for you in tough times. The package introduced $27 billion in direct support for businesses and individuals, as well as […]

Want to kick start business growth? Learn how to delegate

Hopefully you’re reading this article on a dock in Muskoka, feet up, beverage in hand while taking in views of a pristine lake. Maybe you’re enjoying the fruits of your entrepreneurial labour and taking some summertime downtime. But if you’re like so many business owners who have grown their companies past the medium-sized threshold—usually defined […]