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Hand plugging in electric car charger.
December 8, 2021 Article

Electric Vehicle Rebates for Consumers & Businesses Explained

With the high price of gasoline, the COP26 UN Climate Change Conference, and the recent natural disasters in BC fresh in everyone’s mind, many consumers may be considering purchasing an electric vehicle (EV). Buyers may be eligible for an incentive rebate off the
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Notebook in table with computer and magnifying glass.
December 2, 2021 Article

The Time to Get a Business Valuation is Now for Immediate Tax Savings

CRA will be watching to ensure shares are transferred at an amount equal to market value and/or the adult children are actually running the business after the
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Bound copies of financial statements
December 1, 2021 Article

Changes Coming: Compilation Engagement Reports Replacing Notice to Reader

Businesses and lenders accustomed to requesting or reviewing Notice to Reader financial statements will want to take note of an important change coming into effect later this year. Starting for periods ending on or after December 14, 2021, Notice to Reader engagements
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Illustration of hand using mobile phone to register online
November 16, 2021 Article

Spotlight on the New Ontario Business Registry Portal

The Ontario government has recently launched an online Ontario Business Registry (“OBR”) portal for businesses and not-for-profits registered, incorporated, or licensed to carry on business in Ontario. There are over 90 different online services available through
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Staff in office meeting speak with other attendees on screen
November 10, 2021 Article

The Future of Your Office – There’s a Lot to Consider

More and more businesses are beginning to re-open their offices as we begin to see some light at the end of the pandemic tunnel. Many business owners are simultaneously contemplating their future office needs. There are many things to consider in determining your
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Magnifying glass looking at the different employer compensation costs
November 9, 2021 Article

Employees and the Cost of Owning a Small Business

When the Department of Finance announced earlier this year that it was planning to end “income sprinkling,” GGFL was at the vanguard of local protest. It’s not news to anyone that the protests have grown and the issue has since become a major thorn in the federal
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