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Ontario Minimum Wage Increases


Friday, September 22nd, 2017

As you may know, Ontario is increasing the general minimum wage rate on October 1st.

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July 18, 2017 draft legislation


Friday, September 22nd, 2017

My clients are upset and I am upset too.  My clients are hard working entrepreneurial business owners 

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Liberal Proposed Tax Changes Will Hurt the People They Are Supposed to Help


Monday, September 11th, 2017

On July 18, 2017, the Department of Finance released a comprehensive package of proposed legislative changes aimed at private corporations and their shareholders. These changes deal with long- standing practices available to private corporations and their shareholders, such as income splitting with family members, converting earnings to capital gains, and investing excess corporate earnings. According to the Minister’s letter accompanying these legislative changes, the government’s intention is to “help businesses grow, create jobs and support their communities”. The government aims to accomplish these objectives by “proposing solutions to close loopholes and deal with tax planning strategies that involve the use of private corporations”. However, upon a more detailed review of the proposed legislation, it becomes evident that the new rules are likely to harm the small businesses that they are allegedly intended to help.

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Recent Posts

April 9th. 2018
Bank Covenants: Debt Service Coverage Ratio

April 4th. 2018
Ontario Budget 2018

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Mobile Device Management System: Do I need one?

March 22nd. 2018
2017 T1 Checklist

March 12th. 2018
Technical Failure in Charitable Giving Provisions at Death

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