Small business – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Fri, 15 Sep 2023 18:35:05 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Small business – Advisor's Edge https://phoenix.advisor.ca 32 32 IG Wealth launches advisory service for business owners https://phoenix.advisor.ca/news/industry-news/ig-wealth-launches-advisory-service-for-business-owners/ Fri, 15 Sep 2023 18:35:05 +0000 https://www.advisor.ca/?p=230813 Led by David Turnbull, new service to provide transaction-based consulting services for mid-sized companies

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]]> Ottawa to remove GST on new rental housing, extends CEBA loan deadline https://phoenix.advisor.ca/tax/tax-news/ottawa-to-remove-gst-on-new-rental-housing-extends-ceba-loan-deadline/ Fri, 15 Sep 2023 12:41:11 +0000 https://www.advisor.ca/?p=230792 The federal government also is calling on grocers to stabilize prices

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]]> Consumer and business insolvencies rising under weight of higher interest rates https://phoenix.advisor.ca/news/economic/consumer-and-business-insolvencies-rising-under-weight-of-higher-interest-rates/ Thu, 03 Aug 2023 16:31:45 +0000 https://www.advisor.ca/?p=229448 There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year

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]]> Advisors should help business owners prepare for new corporate ownership registry https://phoenix.advisor.ca/tax/tax-news/advisors-should-help-business-owners-prepare-for-new-corporate-ownership-registry/ Wed, 02 Aug 2023 20:33:05 +0000 https://www.advisor.ca/?p=229291 Bill C-42 would bring public access to private corporations’ beneficial ownership info

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]]> As pandemic business loan repayment deadline looms, calls for extending deadline grow https://phoenix.advisor.ca/news/economic/as-pandemic-business-loan-repayment-deadline-looms-calls-for-extending-deadline-grow/ Tue, 11 Jul 2023 17:47:48 +0000 https://www.advisor.ca/?p=228365 Businesses that pay back their loans by the end of the year are eligible to have up to one-third of their loans forgiven

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]]> Fewer consumers think a recession is likely, finds BoC https://phoenix.advisor.ca/news/economic/fewer-consumers-think-a-recession-is-likely-finds-boc/ Fri, 30 Jun 2023 15:28:34 +0000 https://www.advisor.ca/?p=227932 Businesses getting closer to pre-pandemic wage growth, according to Bank of Canada outlook survey

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]]> Drop in business optimism in June may indicate cooling economy https://phoenix.advisor.ca/news/economic/drop-in-business-optimism-in-june-may-indicate-cooling-economy/ Thu, 29 Jun 2023 18:51:44 +0000 https://www.advisor.ca/?p=227806 The decrease in confidence follows a seven-month upswing, the CFIB said

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]]> How employee ownership trusts limit estate planning https://phoenix.advisor.ca/tax/estate-planning/how-employee-ownership-trusts-limit-estate-planning/ Wed, 21 Jun 2023 17:00:25 +0000 https://www.advisor.ca/?p=226958 Challenges for business-owner clients include taxable disposition and compliance costs

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]]> Businesses’ changing credit usage a worrying trend: Equifax https://phoenix.advisor.ca/news/economic/businesses-changing-credit-usage-a-worrying-trend-equifax/ Tue, 20 Jun 2023 16:32:16 +0000 https://www.advisor.ca/?p=226977 Latest numbers highlight growing stress in the industrial and financial trades

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]]> 5 strategies to transition the family business https://phoenix.advisor.ca/news/industry-news/5-strategies-to-transition-the-family-business/ Thu, 15 Jun 2023 21:02:16 +0000 https://www.advisor.ca/?p=226798 A report from the Family Entreprise Foundation offers ideas to prepare the next generation

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