SPECIAL REPORT | TAX BREAKS FOR MANUFACTURING COMPANIES

Responsible for nearly 11% of Canada’s gross domestic product (“GDP”)[1], manufacturing is a key component of our economic vitality. In Quebec, this reality is all the more important, with nearly 14% of GDP coming from this industry[2]. Innovation, investment, workforce and economic and political uncertainty are among the main challenges facing manufacturing companies. Both the federal and Quebec governments are concerned about the challenges facing the industry in the coming years.

RESPONSIBILITIES OF NPO DIRECTORS: Do you know the risks?

Many of us sit on the boards of various not-for-profit (“NPO”) organizations, from sports associations to charities. Few, however, are aware of the responsibilities that may arise from this involvement, often carried out on a voluntary basis. Sections 323 of the Excise Tax Act and 24.0.1 of the Tax Administration Act provide that where a […]