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Employee Ownership Trusts

Succession planning is an important part of any successful entrepreneur’s long-term plan. While there are many avenues, strategies, and structures to address the succession question depending on one’s objectives, goals, and timelines, Employee Ownership Trusts (EOTs) could be a viable option for any owner-manager looking for an exit plan. Bill C-59, Fall Economic Statement Implementation Act, 2023 includes draft legislative proposals to introduce a new set of rules for EOTs in Canada. If enacted, the EOT regime will come into effect on January 1, 2024. Learn More

Artificial Intelligence and How It Helps in The Accounting Field

In the current day and age artificial intelligence has now been incorporated into almost every aspect of our lives, whether personally or professionally. In the field of accounting AI has introduced new possibilities for cost reduction, improved accuracy and minimized human error, and increased our accuracy and efficiency. Learn More

Commercial Lending for Mid-Sized Businesses in Canada: An Overview

Welcome to another informative post. Today, we're exploring various business lending options, particularly focusing on how commercial lending can support the growth and expansion of mid-sized businesses in Canada. While we'll discuss "middle market / commercial lending" specifically, it's crucial to understand the broader spectrum of financial solutions available, such as business lending and leveraging your business to access capital. Learn More
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