As the CRA prepares to double its prescribed interest rate on July 1, now is the time to take advantage of an income-splitting exception to the attribution rules. When handled ...
Golf course restructuring: A return to profitability
Canadian golf lovers and golf course owners breathed a collective sigh of relief when the sport was provided with reopening status relatively early in the easing of lockdown measures across ...
Corporate turnaround insight for Canada’s struggling hotel industry
In mid-March, following the World Health Organization’s official declaration of the COVID-19 pandemic, travel screeched to a halt. Consumers scrambled to cancel flights, and the accommodations they had booked fell ...
Retail industry turnarounds and the post-pandemic market
At the outset of 2020, the retail industry was expected to see a 5% rise in sales. Canada’s unemployment rate was at a 45-year low of 5.7%, and consumer spending ...
The Restart Part 2: The Automotive Industry’s Challenges
After several months of shutdown, the North American automotive industry has announced their intention to restart manufacturing near the end of May. General Motors and FCA announced that May 18, ...
Corporate turnaround: Real-world solutions in times of crisis
Recent economic challenges associated with the COVID-19 pandemic have reversed course in a dramatic fashion for many businesses, with little opportunity to plan for the downturn. If your business is ...
Your estate trustee needs these 7 qualities
Selecting a trustee or executor for your estate is among the most important decisions you’ll make in the estate planning process. Many people automatically assume that the role should be ...
5 essential qualities to seek in a trusted advisor
Being a business owner means having to take action in the face of uncertainty. No matter how much education you’ve amassed, or how many years you’ve been in business, to ...
5 reasons why your family needs a financial advisor
If you think that the effect of your financial life remains within the confines of your bank account, think again. A study[1] has recently proven that the perception of financial ...