2023 Ontario Budget commentary
Budget 2023 revealed the framework for Ontario’s “Plan to Build”: a targeted approach to help people and businesses by offering tax relief to manufacturers and small businesses.
A Special Recognition – Glen McFarland
Our very own Glen McFarland selected as Fellow of the Chartered Professional Accountants of Ontario! Glen McFarland, Managing Partner at McGovern Hurley
This week in energy: Russia oil price cap, natural gas outlook, nuclear SMRs
In this week’s energy industry analysis, we take a look at the European Union’s latest sanction on Russian oil, the Energy Information Administration’s natural gas outlook, and plans for North America’s first small modular reactor.
3 ways to automate your business more effectively
Our focus is to understand your business challenges and, leveraging our BPS experience, create tailored solutions that extend the benefits of automation across your entire organization.
Bank of Canada increases policy rate to 4.25%
The Bank of Canada raised its policy rate by 50 basis points to 4.25% on Wednesday, the seventh consecutive increase since March.
Economic statement 2022
On Nov. 3, 2022, Canada’s Minister of Finance released the Fall Economic Statement, which provides an overview of Canada’s finances and sets out new tax measures.
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.
2022 Canada Federal Budget: Detailed commentary
The budget is based on three pillars: (i) investing in people by increasing the housing supply and establishing affordable child care, (ii) facilitating a transition to a green economy to fight climate change, and (iii) incentivizing and supporting Canadian production and innovation.
Ontario Economic Outlook and Fiscal Review: Fall 2021
The Ontario government’s recent fiscal update includes proposals that will require corporations to collect beneficial ownership information.
2021 Canada Federal Budget: Detailed Commentary
Understand the implications on middle-market businesses from the Canada Federal Budget released on April 19, 2021.
Massive overhaul on the horizon – Significantly expanded form T1134
Be prepared for sweeping information disclosure changes related to reporting of foreign affiliates to form T1134 coming in 2021.
2020 Fall Economic Statement Detailed commentary
Read RSM’s summarization of the 2020 Fall Economic Statement released by the Canadian government Nov. 30, 2020.