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Your organization’s most valuable asset is its reputation, and that reputation must be able to withstand today’s increase scrutiny. As an audit committee member, you are a guardian of that precious asset.
The federal government’s proposals to introduce employee ownership trusts (EOTs) presents a new succession planning opportunity.
In its last update on August 12, 2024, the Department of Finance (Finance) released draft legislation that proposes changes to these rules, which were originally enacted on December 15, 2022. It’s critical that you determine your trust’s reporting requirements each tax year as the non-compliance penalties are significant.
The substantive CCPC concept proposed in Budget 2022 aims to eliminate certain strategies corporations have commonly used to defer tax.
Eligible manufacturers in Ontario could receive up to $3 million per year on certain purchases of manufacturing and processing property, under the Ontario made manufacturing investment tax credit.
A summary of discussions where business leaders in various communities shared their experiences, challenges, and opportunities with a common goal: build on the thriving economy in Western Canada.
What are the EIFEL rules and how will they affect Canadian businesses?
This report summarizes discussions hosted by Doane Grant Thornton LLP, where community leaders from across the region shared their experiences, challenges, and opportunities.