Thought provoking. Useful. Relevant. Our team regularly generates problem solving insights and experiences worth sharing.
Understanding goodwill value in the construction industry
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
Canadian sales tax implications for non-resident e-commerce businesses
The Goods and Services Tax (GST) and Harmonized Sales Tax (HST) are sales taxes administered by the federal government and applicable to most goods and services sold in Canada. All businesses, including e-commerce businesses, with operations or sales in Canada, must consider the impact of these taxes. Failure to register and remit the correct amo ... Read more
Investing today – how asset allocation strategies have changed
Asset managers have adapted their traditional asset allocation strategies in response to changing market conditions in recent years. What are these changes and how have they impacted investment strategies? We’ll take a look at some of the ‘traditional’ asset allocation strategies and explain why and how they’ve been modified to help protect ... Read more
Tax alert: Proposed changes to the taxation of capital gains
The 2024 federal budget delivered on April 16, 2024, proposed significant changes as to how capital gains will be taxed for capital gains realized on or after June 25, 2024. Budget 2024 proposes to increase the portion of the capital gain that is taxable from half, or 50 per cent, to two-thirds for Canadian corporations ... Read more
Federal budget 2024
On April 16, 2024, Deputy Prime Minister and Minister of Finance Chrystia Freeland delivered the 2024 federal budget, which was titled “Fairness For Every Generation”. The Minister presented the Budget as the government’s plan, “to build a Canada that works better for every generation, where you can get ahead, where your hard work pays off, ... Read more