INSIGHTS, NEWS & EVENTS

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

Since the start of the pandemic in March 2020, many companies are operating in a different manner and environment than their historical norm. Our new normal consists of businesses that quickly moved from an office environment to home office work stations with employee discussions using new tools like Zoom to facilitate a connection to the outside world. Companies had to change quickly to … Continued

Artificial Intelligence, commonly referred to as AI, has become a focus of technological development in recent years. These programs appear in our daily lives with the ability to ask our assistants, like Siri or Alexa, to do several things for us. The use of AI in business is on the rise as companies embrace the … Continued

On August 17th, 2020, the Minister of National Revenue, the Honourable Diane Lebouthillier, announced that the Canada Revenue Agency has opened applications for Period 5 – the first period of the enhanced CEWS program. Highlights of the program changes for Periods 5-9 include: The extension of the CEWS, including redesigned program details, until November 21, … Continued

Doors are opening and it is time to get back to business, even a good time to buy one. With the recent upheaval in employment, continued low lending rates predicted over the near to mid- term and work environments being renegotiated, the opportunity to purchase a business is an attractive proposition. Working through financials affected … Continued

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

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

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 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

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

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