The amount of commercial goodwill attached to a profitable construction business will depend on its specific characteristics. In general terms, goodwill is the value of a business in excess of its balance sheet “book value”. “Commercial” goodwill represents intangible value associated with a business’ location, product/service brand or of ... Read More
Energy consumption represents a significant operational cost for building owners and managers, accounting for up to 30 per cent of total operating expenses. As such, energy savings have long been a top agenda item for building owners and managers. With the escalating energy costs and rising demand for energy efficient buildings, property owners, te ... Read More
Over the past two years, all indications are that hybrid workplace model adoption is not only growing but will stay a dominant choice for the foreseeable future. This is a result of a number of factors, including the significant investments businesses have made in remote work infrastructure capabilities, and the growing employee demand for choices ... Read More
As Chartered Business Valuators (CBV), we often hear allegations that a spouse has not fully disclosed their assets or income in a family law proceeding. The failure to fully disclose assets can lead to an unequal division of net family property and non-disclosure of income sources could result in inequitable child and spousal support payment ... Read More
The Canada Emergency Commercial Rent Assistance Program (CECRA) provides forgivable loans to commercial property owners to cover up to 50% of rent payments payable by eligible small business tenants that are undergoing financial difficulties due to COVID-19. Under the program, the tenant must pay between 0% and 25% of their normal monthly gross ren ... Read More
The amount of commercial goodwill attached to a profitable construction business will depend on its specific characteristics. In general terms, goodwill is the value of a business in excess of its balance sheet “book value”. “Commercial” goodwill represents intangible value associated with a business’ location, product/service brand or of ... Read More