Articles

U.S. tariffs on imports have caused negative shifts in the global agricultural supply. As a result, Canadian farmers have become innocent bystanders, hit by China’s retaliatory trade strikes against the United States. Canadian Farmers Worse Off than US Farmers This comes just a year after the Federal Government announced changes to their AgriStability and AgriInvest … Read more

Many businesses find it difficult to reach the next level without taking out a small business loan. Before borrowing money, there are some calculations you can do to determine if a small business loan is right for you. 1. Is it time to expand your business? Growth can come from expansion – a larger storefront … Read more

Many businesses find it difficult to reach the next level after a growth plateau without taking out a small business loan. Before committing to borrowing money, there are some calculations you can do to determine if a small business loan is right for you. Thinking About Getting A Loan? Read our blog post 5 Things … Read more

On 19 February 2019, British Columbia Finance Minister Carole James tabled the province’s fiscal 2019–20 budget. Although the budget does not include any new changes to the corporate or personal tax rates, it enhances the province’s Small Business Venture Capital Tax Credit program and introduces the new B.C. Child Opportunity Benefit to replace the current … Read more

Each year, more than 1 million Canadian employers fill out more than 9 million ROE forms for their employees, according to the Government of Canada. A record of employment (ROE) is the single most important document in the Employment Insurance (EI) program. As an employer, find out what your responsibilities are to ROEs and your … Read more

We may only be a few weeks into the new year, but as soon as the clock strikes midnight on January 1, it means tax season is just around the corner. It might not be at the top of your list for fun things to do, but it’s never too early to start thinking about … Read more

When you run a small business, one of the most important things you’ll find yourself doing on a periodic basis is tracking the amount of cash going in and out of your business – or in accounting jargon, cash flow. However, as an entrepreneur you’re to juggling many responsibilities all at once and you may … Read more

Don’t Be Scared of Retiring Planning for retirement can be a daunting task if you’re going it alone. While some companies may provide pensions, Canadians who have small businesses, farm, or are in certain trades may not have this umbrella. Maximizing your tax savings and planning for your retirement alongside your tax preparation can help … Read more

Use this retirement calculator to determine how much your retirement savings will net each month, and take into account how much of your current monthly overhead is going toward debt payment. Over the course of decades, your nest egg can grow. This retirement calculator from FBC can show you just how much early investments can … Read more

If you have employees, as an employer you are obligated to automatically deduct income tax each time you pay your employees. You are also obligated to issue T4 slips to all employees from the past year by the end of February. For your employees, the T4 slip(s) represent the entire income earned and how much … Read more