COVID-19 | Home Office Expenses: What You Should Know
As most employees in Quebec started working from home in mid-March, many of them have been working from home for six months, and there is a prospect of claiming home office expenses for the 2020 tax season.
Not-for-Profit Organizations and Their Financial Statement Reporting Requirements
As an organization incorporated under the Federal Not-for-Profit Corporations Act, it is important for you to understand what your financial statement reporting requirements are.
2020/09/21 – Merinio
Maxime Gauthier Bourbonnais from Merinio discusses artificial intelligence for workplace scheduling; how it can simplify ever-changing staffing requirements, predict and manage absenteeism, and ensure timely two-way communication with employees.
How to Invest in a Canadian Property as a Non-Resident?
Are you a non-resident thinking of buying a Canadian property to either use it personally or to rent out and eventually sell at a profit? Know before you buy, rent or sell, to avoid surprises and maximize your investment.
2020/09/14 – Loop Mission
David Côté of LOOP Mission is a buzzworthy entrepreneur attracting a lot of attention for buying loads of ugly fruit. He tells us about the unwanted fruits and veggies used in his juicing business, his dedication to a circular economy and the power of direct-to-consumer in difficult times.
COVID-19 | Canada Emergency Wage Subsidy (CEWS) – July Update
On July 17, 2020, Canada’s Minister of Finance, Bill Morneau, announced the most anticipated proposed changes to the Canada Emergency Wage Subsidy (CEWS) program. These are proposed changes that have yet to receive approval by the House of Commons and Royal Sanction from the Senate. Notwithstanding the foregoing, here is what you should know about […]
Dealing With Tax Implications of Your Death
Although neither Canada nor Quebec impose an estate tax or succession duties, there are, unfortunately, income tax consequences upon death.
11 Situations When a Will Would be Handy
We have now reached the second decade of the twenty first century. In the last few years, we have seen many changes to the traditional family structure. Common law couples, same-sex couples, blended families and other options are much more common. Although Quebec law dictates how certain assets such as the family home must be […]
NPOs | Holding a Government-Compliant Virtual AGM
By law, non-profit organizations (NPOs) are required to hold an annual general meeting (AGM) for its members. Given the implications of the COVID-19 pandemic, NPOs will now find themselves in a position where it is not feasible
Is COVID-19 a Knock-Out Blow for the Retail Industry?
The COVID-19 pandemic has resulted in several large retail operations seeking insolvency protection both under the Companies Creditors Arrangement Act (CCAA) in Canada and under its US equivalent, Chapter 11. In Canada, this list includes retail giants Aldo Group and Reitmans Group. In the United States, since the beginning of May, Hertz US, J.C. Penney, Neiman Marcus and Pier 1 Imports have all filed for protection.
