The federal government introduced enhancements to the Canada Pension Plan (CPP) on January 1st, in a long-term effort to sustain the forced saving system for future retirees. The changes, to be introduced in two phases, will mean increased contributions from employers, employees, and the self-employed.
GGFL is delighted to announce that Josh Engel is our firm’s new managing partner, who is taking over from Deborah Bourchier. Engel’s two main goals will be maintaining the relationship GGFL has with its clients and continuing to foster a caring, supportive working environment at the firm. Deborah will continue to focus on working with her clients and mentoring the next generation of our firm’s leadership.
GGFL is delighted to announce that Josh Engel is the firm’s new Managing Partner. He is the third Managing Partner in GGFL’s 73-year history and replaces Deborah Bourchier, who has stepped down from the role after 11 years.
Deborah Bourchier has handed the mantle of GGFL’s Managing Partner to fellow partner Josh Engel after 11 years as the firm’s leader. While continuing to work with her clients, Deborah will be focusing on an enhanced role of coaching and mentoring senior leaders at GGFL.
Chad Saikaley, a GGFL partner and the firm’s head of tax, was an early critic of Morneau’s proposed changes to federal income tax legislation in 2017. Here is an excerpt from the full comment he wrote shortly after the measures were announced: “ . . . this proposed targeting of small business corporations is less a crackdown on the wealthy, more an attack on middle-class Canadians. . .”
US estate tax can apply not only to US citizens, but also to Canadians who hold US assets. US and cross-border tax is a unique specialization that is in high demand today, because many clients have US and cross-border tax issues to consider.
Since I have been here at GGFL, it has become very apparent how much the firm truly values its people and places a high priority on mentoring, staff satisfaction, and continued professional development,” she adds. “This is a place where everyone’s ideas are valued and good decisions can be implemented quickly and locally.”
Last week, we shared an article on the New Canadian Standards for Review Engagements and Auditor Reporting Standards. In response to changing standards, accounting firms need to keep pace and have internal structures in place to ensure that staff fully understand what is changing and when. This is where a Director of Standards plays a […]
Like all professional governing bodies, Chartered Professional Accountants of Canada (CPA Canada) often changes or refines industry standards, and has recently issued two major changes that impact all accounting firms and their clients.
We all know that tax planning is an integral part of Estate Planning. From knowing the potential tax exposure to planning to mitigate that exposure, individuals tend to place tax planning high on the priority list. There are, however, many non-tax considerations that should be discussed when preparing a well-thought-out estate plan. This article covers just few of the many items we have come across in our estate planning practice.