Facing up to the threat of tariffs
How to deal with the threat of tariffs? Since the election of Donald Trump to the presidency of the United States, and even more recently since his inauguration on January 20 and the multitude of executive orders that have followed, we have been living in a climate of great economic uncertainty, which is having its […]
Protect your assets against the risk of misappropriation
In a fragile economic climate, every company and individual is faced with increased financial challenges and concerns. Preventing asset misappropriation becomes more important than ever. Asset misappropriation, whether internal fraud, asset theft or financial manipulation, can have disastrous repercussions on an organization’s financial health and reputation. Unfortunately, no matter how many safeguards and processes you […]
Proactive HR measures in times of uncertainty
For several weeks now, the news has been inundating Quebecers with information about tariff threats, the expansionist ambitions of the President of the United States, and even the risk of recession on both sides of the American border. This economic and political anxiety extends beyond the individual to the workplace. While tariff threats have a […]
Nova Scotia: HST rate cut
As a Quebec company, do you sell or deliver products to Nova Scotia? Then youou’re affected by the lower HST rate starting in April 2025! On October 23, 2024, the Nova Scotia government announced its intention to reduce the provincial component of the Harmonized Sales Tax (HST) in the province by one percentage point (from […]
Short-term leasing – Beware of compliance!
Since January1, 2024, a measure has been in place to disallow expenses incurred (including interest charges) to earn income from short-term rentals if these are deemed to be non-conforming. The aim of this measure is to encourage the long-term rental of residential properties in order to alleviate the current housing crisis. Statistically, as of March […]
What is business valuation?
In the course of your company’s life cycle, numerous transactions involving share capital may take place. These transactions occur mainly for legal or tax reasons, or as part of a transfer of share ownership. In all cases, it becomes essential or even mandatory to carry out these transactions at the fair market value (“FMV”) of […]
Planning for the end of fiscal 2024
The end of the year is a strategic time to optimize your tax situation, whether you’re a shareholder, an employer or an individual. In this article, we discuss practical tips and essential reminders for maximizing your tax savings, avoiding the pitfalls of taxable benefits and effectively planning your financial decisions. Shareholder remuneration: Rule of thumb […]
Vacations are also an accounting issue
In the course of our certification mandates, we have seen a significant increase in the number of unused banked vacation hours over the past year. This increase can be explained in part by the labour shortage issue that is being felt in several fields. Staff shortages can make it more difficult for some employees to […]
GST/HST vacation – Work for entrepreneurs!
On November 21, 2024, the federal government announced a proposal for a temporary GST/HST vacation on certain products. The aim is to reduce Canadians’ bills for two months this winter. But it won’t reduce the workload of merchants, retailers and restaurateurs. GST-HST leave The announcement provides for a two-month GST/HST vacation from December 14, 2024 […]
Are you aware of your new health and safety (H&S) obligations?
The Act to modernize the occupational health and safety system, which came into force progressively on October 6, 2021, has brought many changes and new obligations in terms of workplace health and safety (OHS) management. Among the highlights, the interim regime of prevention and participation mechanisms in place since April 6, 2022 (January1, 2023 for […]