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Cash is King: Managing cash flow during the COVID-19 Crisis

Saturday April 11, 2020

The COVID-19 pandemic has had serious cash flow implications for most businesses. In order to quickly and effectively respond to the financial challenges delivered by the current crisis, business owners need to think and act like a CFO. As leader, your capacity to [...]

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Do Recent Changes To CCA Rules Affect Your Business?

Monday August 26, 2019

Capital Cost Allowance (CCA) is the tax equivalent of depreciation—it is the portion of the total cost of eligible capital assets that can be deducted for Canadian tax purposes. The first year CCA is claimed, businesses are generally limited to a deduction equal [...]

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The Current Status of Apprenticeship Credits for Ontario Employers

Wednesday June 12, 2019

The Current Status of Apprenticeship Credits for Ontario Employers In November of 2017, the Apprenticeship Training Tax Credit—a refundable provincial tax credit based on salaries and wages paid to apprentices—was eliminated for any apprenticeship contract registered after November 14, 2017. At the time, [...]

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The Importance of a Financial Controller to SMBs

Tuesday December 18, 2018

The Importance of a Financial Controller to SMBs Owners of small and medium-sized businesses (SMBs) can often feel overwhelmed by the sheer scope of their responsibilities. Depending on the size and structure of their organization, their direct responsibilities may include hiring and managing [...]

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