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 […]
Extraordinary times call for extraordinary measures. The federal government’s latest response to the COVID-19 pandemic, a breathtaking $82 billion stimulus package announced today, underscored the severity of the current—and coming wave—of economic upheaval facing Canadian businesses in the weeks and months ahead. Put simply, all prior fiscal projections are now irrelevant. Business performance estimates must […]
Following on the announcement of a new leadership structure, as well as a rebrand from Kestenberg Rabinowicz Partners LLP to KRP LLP, we’re proud to introduce a bold reimagining of our website and an exciting refresh of our longstanding brand identity. With a mind to preserving the brand equity in our existing logo system, our […]
After nearly 50 years providing accounting services to entrepreneurs across the Greater Toronto Area, the time was right to take our firm in a bold new direction, just as we plan for an exciting decade of growth and renewed success. That meant delivering some important changes and enhancements designed to provide even better service to […]
For so many people around the globe, U.S. citizenship is a highly vaunted status symbol, even a ticket to success. While the validity of that perception is debatable, many businesspeople, including Canadian entrepreneurs, do glean some advantages when holding a U.S. passport. Unfettered access to the world’s largest marketplace would, of course, be the main […]
As Chartered Professional Accountants, the most common two questions we’re asked by clients is whether they should buy or lease a car, and whether they should buy personally or under their company name. Inevitably our answer has been, “It all depends.” How long do you plan to hold on to the car? Do you have […]
As Canadians Michael Spavor and Michael Kovrig linger in detention in China, Canadian entrepreneurs would be excused for being more than a little anxious about doing business in the Middle Kingdom due to the current geopolitical tensions between our two countries. You’ll recall that the Sino-Canadian clash first emerged with the detention of Huawei Technologies […]
If research, development and innovation are the lifeblood of Ontario’s economy—not to mention well-used talking points amongst the province’s business-courting political class—then it’s no surprise that a new review of popular tax credits is giving many small and medium-sized business owners cause for concern. The recent Ontario budget, the first tabled by the newly-elected Progressive […]
With the first budget of its majority mandate, Doug Ford’s Progressive Conservative government delivered a moderated strategy for achieving budgetary balance, while largely maintaining—and in the case of education and health care, even increasing—current program spending levels. In the months leading up to the budget, the government had already delivered on several campaign promises that […]
When Doug Ford swept into power last year, he promised that Ontario would once again be ‘Open for Business.’ The new Progressive Conservative premier went so far as to plaster his campaign slogan on highway signs at the Ontario-U.S. border. It was a not-so-subtle, all-caps reminder to our American friends of his commitment to undoing […]
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