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Why FBC supports Kids Help Phone

Last updated: Feb. 5, 2021 
All youth should have access to mental health support – wherever they live Growing up can be a struggle at the best of times. For too many kids, it’s riddled with moments of feeling anxious, alone, and overwhelmed. Sadly, these moments often happen through the night, when access to help is … Read more

CRA shuts down online services after cyberattacks

CRA data breach: what you need to know

Last updated: Feb. 3, 2021 
The CRA has temporarily shut down its online services after thousands of accounts were compromised by cyberattacks. The attacks targeted the CRA and GCKEY, an online portal where Canadians can access services such as employment insurance and veterans’ benefits. The Canadian government says the attacks were a form of “credential stuffing.” … Read more

FBC Member Spotlight: Canada’s Grocery Store and More

Lori and Bobby Hurry - Lake Fraser - FBC Member Spotlight

Last updated: Nov. 25, 2020 
When the Endako Mine closed at the end of 2014, the Village of Fraser Lake lost its biggest employer. About a year later, the only grocery store in the community closed too. With just a convenience store in town, Fraser Lake residents had to drive almost an hour to the nearest … Read more

8 benefits of hiring a professional bookkeeper

a woman uses a calculator while handling her own bookkeeping

Last updated: Sep. 28, 2020 
As a small business owner, you need accurate and up-to-date financial information so you can make the best decisions for your business. As your business grows and you hire employees, or take on more customers, keeping track of your business expenses and ensuring your books are accurate becomes more complex and … Read more

Why you need a year-end tax plan

a farmer leans against a tractor

Last updated: Aug. 31, 2020 
In our last few articles we’ve highlighted elevated government spending programs and the inevitable increase in the accumulated debt to alleviate the worst economic impacts brought on by the COVID-19 pandemic. Both current and former senior civil servants, economists and at least one former prime minister are all predicting that while … Read more

Potential tax implications of COVID-19 spending

man looks at a tax bill

Last updated: Aug. 7, 2020 
Former governor of the Bank of Canada David Dodge, writing on behalf of the C.D. Howe Institute while referring to the government’s financial response to COVID-19, said the right decisions were probably made at the time. However, the report also stated that the government must implement a plan to “restore fiscal … Read more

Work-space-in-the-home expenses for remote employees

a man writes on a notepad, calculating his work space from home expenses

Last updated: Jul. 30, 2020 
Hundreds of thousands of Canadians transitioned to working from home when the COVID-19 outbreak was declared a pandemic. If you’re one of them, you know that working from home comes with its own costs (heating, electricity, maintenance). As a small business owner, you can deduct expenses for the business use of … Read more

FBC Member Spotlight: Maggie Gervais

Maggie Gervais poses with the Stars of Alberta Volunteer Award

Last updated: Mar. 3, 2020 
There’s never a dull moment for Maggie Gervais! Gervais lives in McLennan, Alberta and volunteers for more than 7 organizations in her community while working part-time at Canada Post. She recently retired from a full-time position at the Government of Alberta, but that hasn’t slowed her down – she volunteers even … Read more

Nova Scotia Budget Report 2020

A lighthouse in nova scotia with a sunset behind it

Last updated: Feb. 28, 2020 
On March 26, 2020, Nova Scotia Finance and Treasury Board Minister Karen Casey presented the province’s fiscal 2020–21 budget. The minister anticipates a surplus of $55 million for 2020–21, and a surplus of $63.2 million, $72.5 million and $74 million in the next three years. There was a general corporate rate … Read more