The ON FES 2026 estimates a $16.9 billion deficit for the 2026-27 fiscal year, a significant increase from the $13.8 billion deficit projected in the 2026 budget.
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Canada proposes implementing immediate expensing of investments in most types of capital assets for businesses in Canada.
Canada's condo downturn is different from past cycles. Explore the structural shifts driving the market correction and what recovery may look like.
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Our cloud accounting service helps you dramatically free up your time, while providing you with the personalized insights of a Grant Thornton advisor.
Cloud accounting tools simplify and automate standard administrative and accounting tasks, freeing up valuable time.
If you’re confused about whether your Canadian business needs to pay US state and local taxes (SALT), you’re not alone.
In October 2018, the IASB issued ‘Definition of a Business’ making amendments to IFRS 3 ‘Business Combinations’. The amendments are a response to feedback received from the post-implementation review of IFRS 3 (‘the Standard’).
In today’s competitive energy sector, a merger can be an excellent way for local distribution companies (LDCs) to reduce costs, expand their offerings and better serve their respective communities. But like many things in business, successful mergers don’t happen by accident. In fact, only 10 to 30 percent of mergers and acquisitions (M&As) stand up over the long-term.
The charity and not-for-profit (CNPO) sectors are changing at a breakneck pace, not just in Canada but around the world. Shifts in demographics, technology, socioeconomics and cultural views are completely redefining how people view charities and NPOs—leaving these organizations but one choice: change with the times or get left behind. In a recent Grant Thornton CNPO roundtable, we sat down with CEOs and Executive Directors from a number of Canadian charities and NPOs to understand how this changing world is impacting their organizations.
In a regulated electricity sector like Ontario's, it can be challenging for Local Distribution Companies (LDCs) to achieve their strategic objectives by focusing on energy distribution alone. Not only do Ontario Energy Board requirements limit LDCs' returns, but they also constrain growth - leaving much of LDCs' resources under-utilized. Learn more about the path to non-regulated investment.