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  • Tips on Running a Smooth, Panic-free Meeting

    March 8, 2013 by

    By Heather Intihar, CA and Ed Scheck, FCA Running a successful meeting will stress out the most seasoned of presenters. There’s always concerns about technical snafus or losing your audience. The keys to running a meaningful and engaging meeting are good preparation, a strong presentation and lots of participation. Here’s how to make sure you’re
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  • Canada’s Changes to the Scientific Research and Experimental Development Program

    March 6, 2013 by

    Canada’s 2012 federal budget contained a number of changes to the Scientific Research and Experimental Development program (SR&ED). The majority of changes resulting from these measures are cuts in expenditure eligibility for all companies claiming SR&ED. Additional expenditure cuts apply to public and foreign- owned corporations. What is the Impact Budget 2012 Changes to SR&ED:
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  • Doing Business in Canada: A Non-Resident’s Guide

    March 1, 2013 by

    If you’re looking to expand you’re business north, you will be pleased to hear that doing business in Canada is relatively simple. Some of the benefits of doing business in Canada include: Relatively few import restrictions No restrictions on repatriation of earnings and capital No foreign exchange controls. Also, there are no special rules imposed
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  • Canada Says Goodbye to the Penny. What Does it Mean?

    February 22, 2013 by

    No more pennies for your thoughts. Your thoughts will either have to be free or rounded up to a nickel. As of February 4th, the Royal Canadian Mint ceased production and distribution of the penny. Why Get Rid of The Canadian Penny? This has actually been the subject of debate for decades. Experts have been
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  • Test Your Business’ Financial Management

    February 11, 2013 by

    When it comes to managing your company’s finances, it’s okay to be your own toughest critic. It’s good to evaluate and re-evaluate yourself and how your company is performing. Start by answering the following 25 questions with Yes, No, or Not Applicable. This is far from an exhaustive list, but it should get you thinking
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  • The Impact of The US’ Fiscal Cliff on Canada

    February 4, 2013 by

    In the face of sending the United States over the much-publicized “fiscal cliff,” the US Senate hammered out a tentative deal before midnight on New Year’s Eve. What are these changes and how will they impact Canadian businesses in the U.S. or vice versa? Below are a few notable areas where you will see changes.
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  • Foreign Currency Risk Management

    November 30, 2012 by

    Once your business has committed to conducting a foreign currency transaction, you are exposed to exchange risk.  There is a potential gain or loss that may occur as a result of currency rate fluctuations. For entrepreneurs who are involved in international trade, currency volatility has always been a concern. One example is the strengthening of
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  • Key Performance Indicators

    November 16, 2012 by

    Congratulations on the successful implementation of an information system and establishment of an initial reporting structure.  You can now receive financial information from your controller, sales forecast/results from your sales manager and productivity reports from your production manager not to mention dealing with customers and personnel issues. What can you do with the vast amount
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  • Motor Vehicle Expenses – General Rules

    November 2, 2012 by

    With gasoline prices at record highs with no apparent sign of relief in the near future, everyone who uses their car for work or business is experiencing the pain at the pump. It would help to ease some of the burden if one could deduct various vehicle expenses when completing one’s personal income tax return.
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