Canadian Federal Budget 2024 Commentary
Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, unveiled the country’s 2024 federal budget
Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, unveiled the country’s 2024 federal budget
In recent years, Canadians have been bullish on the real estate market south of the
The government introduced a national, annual 1% tax on the value of non-resident, non-Canadian owned
Welcome to tax season! It’s time to prepare for filing your 2023 tax return. To
Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, unveiled the country’s 2024 federal budget on April 16, 2024. This budget centers around critical tax
In recent years, Canadians have been bullish on the real estate market south of the border. Whether U.S. property is purchased for rental or strictly
The government introduced a national, annual 1% tax on the value of non-resident, non-Canadian owned residential real estate that is considered to be vacant or
Welcome to tax season! It’s time to prepare for filing your 2023 tax return. To help you get organized, we’ve put together a checklist to
Due Diligence (“DD”) is a critical step in the process of purchasing a business. It typically involves procedures to assess the Quality of Earnings (“QoE”),
In 2022, the Vacant Home Tax (the “VHT”) went into force to levy tax on residential properties in Toronto that are considered vacant. The newly
In previous posts on the topic of succession planning, we highlighted transition options available to owners looking to sell their business. These links can be found below. In addition to finding a viable buyer for the business, the seller must also determine the ownership percentage that they are prepared to sell, with the following options available: minority interest (less than 50%); majority control (greater than 50%); or full ownership (100%). The percentage of a business that is sold will depend
In previous posts on the topic of succession planning, we highlighted transition options available to owners looking to sell their business. These links can be found below. Transferring a business to management or key employees is an attractive option as an alternative to family succession or a sale to an external party, particularly for business owners who feel strongly about maintaining the corporate culture and values post-exit. Examples of these types of buyers include executive or senior management, as well
In previous posts on the topic of succession planning, we highlighted transition options available to business owners looking to sell their business. These links can be found below. This article will discuss what a financial buyer is and the advantages and disadvantages of selling to this type of buyer. Financial buyers are investors who acquire businesses with the intention of generating a return on their investment, either through increasing the profitability of the business and/or eventually selling the business in