• The Role of Business in Addressing Modern Slavery

    The Role of Business in Addressing Modern Slavery

    Modern slavery remains a critical challenge in today’s global economy, with businesses under increasing pressure to ensure their supply chains are free from exploitative labor practices. This article delves into the evolving regulatory landscape, the significant risks of non-compliance, and strategic steps companies can take to combat forced labor while integrating social responsibility into their…

    Edwin P. Reilly CPA,CA shared this article

  • Canada’s Fall Economic Statement 2024: A Review

    Canada’s Fall Economic Statement 2024: A Review

    The 2024 Fall Economic Statement proposes several changes to personal and business tax laws, aimed at addressing inflation and assisting businesses and individuals. The government plans to expand the capital gains rollover on business investments, which will allow small businesses to access capital more easily. Additionally, the statement confirms a GST/HST tax break for holiday…

    Cleo Melanson CPA, CA shared this article

  • Successfully Navigating the GST/HST Tax Holiday: A Business Perspective

    Successfully Navigating the GST/HST Tax Holiday: A Business Perspective

    The proposed GST/HST tax holiday in Canada, introduced under Bill C-78, offers businesses a temporary opportunity to boost sales and provide consumer relief by zero-rating specific supplies. Spanning December 14, 2024, to February 15, 2025, this initiative poses both opportunities and challenges for businesses eager to capitalize on the tax benefits. Explore how businesses can…

    John Greenidge shared this article

  • Beyond Financials: The Key HR Strategies for M&A Success

    Beyond Financials: The Key HR Strategies for M&A Success

    Mergers and acquisitions promise growth and market expansion, yet many fail due to overlooked human elements. This article explores crucial HR strategies such as early HR involvement, talent retention, and cultural alignment to ensure M&A success. Discover how effective communication and strategic planning can transform these transactions into thriving ventures.

    Sherry Godin MBA, CHRP shared this article

  • The evolution of data analytics in M&A due diligence

    The evolution of data analytics in M&A due diligence

    Unlock deeper insights in M&A with AI-driven data analytics, transforming traditional due diligence and enhancing strategic decisions.

    Joe E. Reilly, CPA, CA, CBV shared this article

  • Unlocking tax relief: Section 93.4 for Canadian businesses abroad

    Unlocking tax relief: Section 93.4 for Canadian businesses abroad

    Explore how section 93.4 provides tax relief for Canadian businesses with foreign affiliates, aligning foreign earnings with domestic tax rates.

    Cleo L. Melanson, CPA, CA, CMA shared this article

  • Canada’s job market continued to cool in August

    Canada’s job market continued to cool in August

    The data in Canada’s labour survey for August paints a picture of a cooling job market as the economy added a mere 22,000 jobs and the unemployment rate rose to 6.6 per cent.

    Joe E. Reilly, CPA, CA, CBV shared this article

  • Bank of Canada cuts its policy rate to 4.25 per cent

    Bank of Canada cuts its policy rate to 4.25 per cent

    Rates need to come down for businesses to start hiring again and to help those workers struggling to find employment.

    Edwin P. Reilly, CPA, CA shared this article

  • With higher capital gains tax rate, Canada renews debate over growth

    With higher capital gains tax rate, Canada renews debate over growth

    While raising the capital gains tax rate might help the government boost revenue, it could delay the economic recovery that Canada needs by temporarily discouraging investment.

    Gracie Tetzlaff CPA, CA shared this article

  • Canada’s inflation fell to 2.5 per cent, solidifying case for rate cut

    Canada’s inflation fell to 2.5 per cent, solidifying case for rate cut

    Inflation numbers have consistently come in below expectations this year and is firmly on track to reach 2 per cent next year.

    Edwin P. Reilly, CPA, CA shared this article

  • Responding to the CrowdStrike outage

    Responding to the CrowdStrike outage

    What can IT service leaders learn from the the July 2024 CrowdStrike outage? What should you consider to best prepare for the future? RSM risk professionals weigh in.

    Edwin P. Reilly, CPA, CA shared this article

  • Digital transformation and Canada’s public sector

    Digital transformation and Canada’s public sector

    The digital infrastructure in Canada’s public sector needs a serious overhaul. Significant investments are needed to move toward paperless systems, online government services, cloud-based solutions and improved cybersecurity.

    Edwin P. Reilly, CPA, CA shared this article