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Budget 2021 propose changes to promote CCPC business investment until 2023
As the Government continues to roll out measures to alleviate the economic impact of the pandemic, the 2021 federal budget proposed legislation for a temporary measure that would encourage Canadian Controlled Private Corporations (CCPCs) to invest …
What Is Your Status? Not-for-Profit vs. Charitable Organizations
Many organizations are becoming increasingly active in philanthropic activities and engagement. The range of causes looking for support is huge. Sector Source, a project run by Imagine Canada, reports over 170,000 charities and not-for-profits in …
Budgeting for a Post-pandemic World
The COVID-19 pandemic has taken the world by storm since it was first discovered in late 2019, affecting virtually all strata of human endeavors. Business owners, business advisors, and other business stakeholders were not left out of the onslaught. …
Federal government introduces legislation for new recovery benefits
On September 24, 2020, the federal government tabled Bill C-2, An Act relating to economic recovery in response to COVID-19, which creates three new temporary recovery benefits to support Canadians who are unable to work for reasons related to …
AI and Your Business
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. …
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 …
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 …
The Impact of COVID-19 on Business: Cash Flow Strategies
Since the spread of COVID-19 SB Partners’ focus has been the safety of its team, clients and community. The firm is committed to keeping ahead on the latest Corona Virus developments and will provide access to resources to help business leaders …
Incorporation for Real Estate Agents in Ontario
Bill 145, Trust in Real Estate Services Act, 2020 received Royal Assent on March 4, 2020 meaning that real estate agents in Ontario are allowed to incorporate their own Personal Real Estate Corporation (PREC). Rules, regulations and licensing …
Health & Leadership
John Chisholm, Partner and CEO of SB Partners discusses 3 things that any leader can start today to help establish a healthy leadership edge...
Is Trust in Crisis?
John Chisholm, Partner and CEO publishes a column in BIZ Magazine each quarter.  The following was published in BIZ Magazine’s Q1 issue. January to April is the busiest time of year for CPA’s.  Although demanding, it is also the most rewarding for …
Quebec QST Changes
Non-Canadian Residents Effective, January 1, 2019, non-Canadian resident suppliers of intangible personal property and services will be required to register under the new QST system if consideration for all taxable supplies provided to consumers …
Pension Planning Ideas
You can start taking your CPP payments as early as 60 or delaying them until 70. You can also take the CPP payments at 61, 62 or 63 up until you reach 70 years of age. If you commence the CPP payments at age 60, your payments will be reduced by 36%. …
Succession in Family Businesses
As a family business prepares for succession, it is critical to factor family dynamics into the equation. Most businesses have clear financial disciplines, production processes, sales and marketing practices, and so on. Meanwhile family dynamics are …
Succession Planning: Starting the Discussion
A 2012 report by economist Benjamin Tal stated that “Canadians over the age of 50 are the fastest growing segment of the startup population, owning nearly 30% of new businesses.” As baby boomers move towards retirement, those that have their own …
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