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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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Canadian $10, $20 and $50 bills in rolls with CN Tower in background
November 5, 2021 Article

Highlights from the Ontario Fall Economic Statement

The provincial government released their Fall Economic Statement on Thursday. Billed as a pre-election mini-budget to Build Ontario, the statement proposes a number of investments in infrastructure, health care and skilled trades, but very few income tax initiatives.
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Covid-19 Canada Emergency Rent Subsidy Program
October 22, 2021 Article

COVID Relief Program Update – October 2021

On October 21st, the federal government made a number of announcements about COVID-19 relief programs. Some programs are coming to end, new programs are being introduced and some programs have been extended. Here’s a summary of the changes. What’s Ending?
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Chalk board with succession planning on it and arrows connecting different people
August 5, 2021 Article

New Tax Rules for Family Business Owners In Place…But More Changes Coming

There has been a great deal of confusion coming from Parliament Hill over a Bill intended to reduce the tax bill when a family business is transferred to the next generation. As it stands now, Bill C-208 is law. But the government has announced that it intends to amend
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