Posts

Don’t be fooled: HR law compliance is a finance issue, too

Virtually every CEO would agree that employment law non-compliance, a failure to take workplace harassment seriously, and the general flouting of accepted human resources standards, is unacceptable. Building workplaces free of anti-social behaviour isn’t just an aspirational goal, it’s a basic legal requirement in every province in Canada. That’s especially so in Ontario, which has […]

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 […]

Why it makes sense for young accountants to consider working for a mid-sized firm

This is the time of year when the latest cohort of new accountants has graduated from their undergraduate programs and begins plotting the journey to a long and meaningful career. It’s also when we’re often approached by young professionals—including some of our future interns and hires—curious about what comes next and how best to steer […]

Entrepreneurs can take management lessons from Masai Ujiri and the Toronto Raptors

Now that the dust has settled on the Toronto Raptors’ incredible NBA Championship run—four series of excitement that saw our city’s basketball team net its first ever Larry O’Brien Trophy— the sport’s top pundits are analyzing how the denizens of The North managed to achieve that seemingly elusive goal. Many entrepreneurs are taking a similar […]

Ontario slashes spending for small business programs

The bad news continues to flow for entrepreneurs across Ontario. The Doug Ford government has lowered the axe once again on programs that support the growth of small and medium-sized businesses across the province, this time targeting Ontario’s Small Business Enterprise Centres (SBECs). Several programs served up by the centres, including Starter Company Plus and […]

Updated–The great entrepreneurial debate: whether to buy or lease a company vehicle

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 […]

Chinese authorities step up personal income tax enforcement

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 […]

Ontario’s innovation ecosystem faces substantial funding cuts

Less than two weeks after I outlined a coming review of Ontario’s innovation tax credits and “other R&D tax incentives” by Doug Ford’s Progressive Conservative government, news broke in recent days that Queen’s Park is moving to cut several important innovation programs for entrepreneurs, as well as at least one designed to help start-up businesses […]

Federal Budget 2019 does little to address entrepreneurs’ anxieties

If there was any doubt that this is an election year, Federal Budget 2019 offered undeniable proof that we’re about to head to the polls. Finance Minister Bill Morneau tabled a budget yesterday that introduced approximately $23 billion in new spending, with no plan to balance the budget in the foreseeable future. That latter fact […]

Canadian entrepreneurs worried about doing business in China should rest easy—for now

It would be an understatement to say that relations between Canada and China have hit an all-time low. For the business community, the rift is causing major uncertainty and trepidation. The question on many a Canadian CEO’s mind: Should we be doing business in China right now? The short answer is: yes. But more on […]