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INSIGHTS, NEWS & EVENTS

Our team is always up to something. Read our latest insights, news and updates here.

COVID-19: Updates and Support

SB Partners is deemed an essential workplace and will continue to operate at full capacity to ensure client corporate and personal tax filing deadlines are met. We strongly encourage clients to make use of our client portal or email for delivery of any accounting records and T1 documentation that is required. Alternatively, clients can utilize … Continued

CERB Repayment

In the wake of the COVID pandemic outbreak, the Canadian government introduced the Canadian Emergency Response Benefit (CERB). Financial assistance to employed and self-employed individuals of up to $2000 for a four-week period. That works out to be $500 a week, and the availability of the CERB was extended over several four-week periods. The CRA … Continued

Jointly Retained Engagements

We are often asked to be jointly retained in family law matters where one spouse is a business owner.  We are engaged by both spouses to provide an independent assessment of the value of the business interests for the purposes of dividing matrimonial assets or of the income available to the business owner for purposes … Continued

Resources to Help Private Businesses Navigate The Pandemic

Trevor Hood, Partner and President Valuations Divison is a contributor to the Advisory Board on Demand. This group of subject matter experts provides advice and guidance to the CEOs of SMEs who don’t have their own advisory board. Comprising private equity, commercial and investment banking, HR, legal, accounting, and strategy expertise and a combined experience … Continued

SB Partners welcomes Ramki Balakrishnan to leadership of SB Advisory Services Inc.

SB Partners is pleased to introduce Ramki Balakrishnan as President and CEO of SB Advisory Services Inc. (SB Advisory). Ramki brings 21-years of experience leading companies to the SB Advisory platform. Working with international firms within an evolving marketplace, Ramki will provide advice and guidance as organizations navigate the new economic environment. Ramki: “SB Advisory provides CEOs … Continued

Free COVID-19 Business Recovery and Planning Guide for Small and Medium-Sized Businesses

As many Canadian businesses continue to struggle through the COVID-19 pandemic, Business Health Council is taking action to help business owners navigate this crisis and adapt to the new realities in 2020 and beyond. SB Partners is proud to be a content contributor to the Business Health Council. Business Health Council (BHC) Business Health Council … Continued

Canada Emergency Commercial Rent Assistance (CECRA)

On July 31, 2020 Finance Minister Bill Morneau announced that the Canada Emergency Commercial Rent Assistance (CECRA) will be extended by one month. Existing applicants need to reapply for the month of August and have until September 14, 2020 to do so. New applicants have the choice of applying for the three-month initial period, four months … Continued

SB Partners Announces New Managing Partner

A calm leadership style and commitment to firm values lead to the appointment of Managing Partner Effective immediately, we are pleased to announce the appointment of Janice Pomerleau, CPA, CA, CMA, CFP as Managing Partner. Janice will assume leadership of the firm’s operations team and direct service lines. John Chisholm will remain CEO for the … Continued

Business Valuations and COVID-19

SB Partners Valuations Division participated in a Virtual Town Hall focused around the impact of COVID-19 on business valuations. The talk was organized in collaboration with several global valuations governing bodies including the Canadian Institute of Chartered Business Valuators, American Society of Appraisers, and The Royal Institution of Chartered Surveyors. A panel of valuators and … Continued

Selling a Business in an Economic Downturn

Selling your business in an economic downturn and trying to achieve the highest price available would appear to be an unfortunate dilemma for any business owner. If you were contemplating a sale prior to these turbulent economic times brought on by the COVID-19 pandemic consider the following… In the context of mergers and acquisitions Economic … Continued

Business Credit Availability Program (BCAP)

A Business Credit Availability Program (BCAP) was established to provide $65 billion of additional support to small and medium-sized businesses through the Business Development Bank of Canada (BDC) and Export Development Canada (EDC). BDC and EDC are working with private-sector lenders to coordinate on credit solutions for individual businesses, including in sectors such as oil and gas, … Continued