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Spending, Support & Staycation – Ontario’s Action Plan

Spending, Support & Staycation – Ontario’s Action Plan
November 6, 2020

On November 5, 2020, Ontario’s Finance Minister Rod Phillips released details of the Ontario budget, an action plan highly focused on spending while also declaring 2021 as the year of the staycation in Ontario. The spending and incentives target a wide variety of individuals and businesses. Some key highlights of the plan include:

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The Fine Print of the CEBA

The Fine Print of the CEBA

At this point in 2020, it is likely that most businesses have either heard of the CEBA benefit, taken advantage of it or are in the process of completing their applications.

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Personal Real Estate Corporations

Personal Real Estate Corporations

Benefits of Incorporation for Realtors  

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Canada Emergency Rent Subsidy (CERS) – New Relief & New Acronym

Canada Emergency Rent Subsidy (CERS) – New Relief & New Acronym
October 14, 2020

On Friday, October 9, further COVID-19 relief measures were announced outlining the expansion of existing programs and creating a new program, the Canada Emergency Rent Subsidy (CERS). Details are still forthcoming, but we have some insight into the framework of these program changes and additions.

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Is Incorporation the Next Step?

Is Incorporation the Next Step?

So your business is starting to earn more money, and with that – you're paying more taxes. Is it time to consider incorporation? The answer isn't that simple. 

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Claiming a Home Office (For Employees)

Claiming a Home Office (For Employees)

As Autumn arrives and we get close to the extended personal tax deadline (yet again!), you may be wondering how your personal tax situation is impacted for 2020, the year we are currently in, the year of COVID-19.  A topic that is top of mind for many clients and even family members who are now working mainly from a home office is, "Can I claim a deduction for this?"

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Succession: Summary for Success

Succession: Summary for Success

Planning is always the key to success in any endeavour and succession is no different. The well-planned transition of your business can benefit you financially while also providing you with peace of mind that your business will become your legacy.

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Succession: What are my options?

Succession: What are my options?

Business owners work for years to build up a business that they are proud only to come to the grim realization that they will be walking away from it all upon retirement. But transitioning the business doesn’t have to be a scary thing when you know what options are available. With appropriate planning, the transition of both management and ownership can happen over time, allowing the business to continue to evolve with a contribution from both the old and new owners.

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Succession Part IV: Where should I start?

Succession Part IV: Where should I start?

Employers Guide to COVID-19

Employers Guide to COVID-19

Like all of you, we’ve been monitoring the evolving global impact of the novel coronavirus (COVID-19). As employers, our number one priority has always been and remains the health and safety of our people.  We would like to share best practices on how you, as an employer, can uphold that commitment.  We hope that this plan adds to the health and well being of you and your employees during this time.

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