Budget 2015 delivered lower tax rates for business owners, but it leaves a troubling issue unresolved.
The majority (92%) of companies report having either minimal or no long-term strategic cost management strategies actually in place, finds a survey by EY.
And, while some erosion from a softening economy is likely, margins are expected to remain strong, finds a report from CIBC World Markets.
But the vast majority admit their plans are informal.
Almost two-thirds (60%) of Canadian companies plan to increase their investments to develop new products or services
Planning to indulge in a pint of Guinness this St. Patrick's day? You may not be among the masses.
Tax time can be stressful for most, especially for time-crunched small business owners. But being informed can help alleviate some of the pressures.
How should this advisor help two first-time business owners?
Canada is losing its edge in the competition for global capital, according to the Annual Global Tax Competitiveness Survey by Prof. Jack Mintz and Dr. Duanjie Chen.
Jerrod and Penelope met and married when they were employees at a competitor firm. Their financial situations were similar, so they didn’t bother with a marriage contract or shareholders’ agreement.