What if your company supported a social cause?
In a more difficult socio-economic context, companies are increasingly called upon to play an active role in their communities. Supporting a social cause is no longer limited to a one-off philanthropic gesture: it is now part of a structuring commitment, at once human, social and strategic, that benefits companies and employees alike… and above all, […]
Important reminder: declaring Ultimate Beneficiaries
The new rules on corporate transparency require most entities registered with the Quebec Enterprise Register (REQ) to produce a declaration of Ultimate Beneficiaries (UB) to identify the individuals who exercise real control over them. An equivalent obligation also exists for companies under federal jurisdiction, in the form of a Significant Control Person (SCP) declaration. As […]
Minute book: is the update really necessary?
The short answer: yes, absolutely! The creation and updating of a corporate minute book is a legal obligation under both the Quebec Business Corporations Act (sections 31 to 42 QBCA) and the Canada Business Corporations Act (sections 20 to 22 CBCA). The minute book: the company’s legal memory The minute book traces the company’s entire […]
Financial statements and SMEs: 4 common mistakes and their consequences
For many managers of small and medium-sized enterprises (SMEs), accounting is often seen as an administrative burden, a formality required to meet annual tax obligations or the demands of banking institutions. And yet, behind the figures and analysis tables lies an essential steering tool for the company throughout the financial year. Indeed, when financial statements […]
Mental health: how to reduce risks… and make a real difference
Mental health is now the leading cause of work stoppage in Quebec, ahead of physical health problems. Insurers report that by 2024 and 2025, up to 40% of disability claims will be related to psychological health issues, a proportion that has been rising steadily in recent years. Behind these figures lie very concrete realities: work […]
Bill 25: a challenge and an opportunity for HR
Often associated with cybersecurity, Bill 25 also profoundly affects human resources. Human resources professionals and business leaders, who handle employees’ personal information on a daily basis, are at the heart of compliance. Understanding Bill 25 This reform modernizes Quebec’s privacy laws and strengthens the right to privacy. It applies to any organization that collects, uses […]
HR procedures: a solid foundation for harmonious labor relations
These days, human resources management can’t be improvised; it needs clear, organized foundations. It’s often assumed that all companies have structured documentation, such as employment contracts or company policy manuals. However, in small and medium-sized businesses, this is unfortunately not always the case, and increases the risk of non-compliance with current legislation, such as the […]
NOC 20: What SMEs need to know about cloud computing costs
REMINDER: Since January 1, 2024, a new accounting rule has been in force: the Accounting Guideline (AcG 20). It changes the way closely-held companies have to account for their cloud services, better known as cloud solutions. Clearly, if your SME uses software or platforms hosted online, you now have to choose how to present these […]
Office parties for safe celebrations!
The traditional end-of-year or Christmas party is an important time to celebrate achievements, thank teams and strengthen cohesion. These festivities contribute to a sense of belonging and corporate culture. But beware: your legal obligations don’t take time off! Even if the event takes place outside normal working hours and off the premises, the employer remains […]
Pay equity deadlines in 2025 for 8,986 employers!
The Pay Equity Act imposes obligations on Quebec companies with an average of 10 or more salaried employees over the course of a calendar year. Pay equity goes further than “equal pay for equal work”, since it requires “equal pay for different but equivalent work”. Employers who fail to comply with the Act are liable […]