21 Jun 2017

Raymond Chabot Grant Thornton celebrated 60 years of history in Matane on June 4, 2017, with a special dinner attended by employees, professionals and current partners to honour founder, Gérard Lavoie, and builders and former partner, Réal Bélanger, Hugues Dion and Jacques Gendron.

Emilio B. Imbriglio, President and CEO, and the Regional Vice-President, spoke about Raymond Chabot Grant Thornton’s leading position in the Matane region’s business community. Michel Proulx stated, “We stay in the lead thanks to our people, our talent and our founders who opened an accounting firm in Matane in 1957. I’m proud of my fellow partners, René Gauthier, Yves Gauthier, Guy Lemieux and Gino Gosselin, for their professionalism and community involvement.”

“There are four generations of workers in this room, and our greatest strength is that each one brings it own contribution and its own solutions to the challenges it faces,” he added. His words were a reflection of Emilio B. Imbriglio’s speech that described the firm’s new leading-edge services Taxō and Operiō.

Paying homage to Gérard Lavoie, Matane office founder

A business is only as good as the sum of its talent

During dinner, Mr René Gauthier made a point of recognizing the importance of team work and the quality and dedication of the staff in the Matane office (which also includes Amqui and Sainte-Anne-des-Monts). “It is, first and foremost, thanks to our talent that we have been able to maintain our leading position in the Matane region. We are proud to count on a team of dedicated and loyal professionals, some of whom have been with us for over forty years.”

Raymond Chabot Grant Thornton in Matane, the Lower St. Lawrence, the Gaspé and Edmundston

Raymond Chabot Grant Thornton’s history in Matane began in January 1957 with the opening of Caron, Corriveau, Renaud et associés. By 1984, that firm had offices in Montmagny, La Pocatière, Matane, Rivière-du-Loup, Sainte-Anne-des-Monts, Chandler and New Richmond. With lots of plans to expand and in order to meet his clients’ needs, founder Gérald Lavoie negotiated the merger of these seven offices with Raymond Chabot Martin Paré, which would become Raymond Chabot Grant Thornton in 1998.

This signaled the start of new era for the Lower St. Lawrence offices, Matane and their clients. The traditional accounting firm was transformed and businesses could now count on numerous specialists and assurance, tax and advisory services to evolve in a structured, competitive business environment.

Today, Raymond Chabot Grant Thornton boasts a network of 14 offices and four service outlets throughout the Lower St. Lawrence, Gaspé and Edmundston region and is part of a large national and international network.

Left to right: Michel Proulx, Regional Vice-President, Yves Gauthier, René Gauthier and Guy Lemieux, Matane office partners, Jacques Gendron, former partner, Emilio B. Imbriglio, Gérard Lavoie, founder, Gino Gosselin, Matane office partner, and Réal Bélanger, former partner. Missing: Hughes Dion, former partner.

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20 Jun 2017

If, for whatever reason, you decide to generate some rental income by renting out part or all of your personal residence, you should be aware of the potential tax implications. What may seem like a simple decision could trigger a few unexpected surprises. Before you decide to rent out your residence, you should become familiar with the change-of-use tax rules, as they may limit your entitlement to the primary residence exemption.

For example, a change of use could trigger a capital gain if the market value is higher than the acquisition cost. Since the property is usually the family home, if you designate it as your primary residence, the gain could be exempt.

For more information on the tax impacts of renting out your residence, read the full article online!

Sylvain Moreau is a Tax Partner and columnist for the Argent – Dans vos poches column in the Journal de Montréal and Journal de Québec, Québecor’s two major newspapers.

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20 Jun 2017

Sherbrooke, June 20th, 2017 — Committed to supporting the region’s art community, Raymond Chabot Grant Thornton’s Sherbrooke office and La Grande Virée Artistique de Sherbrooke are honouring a fresh new talent with the Claude Métras Award (Prix Claude Métras).

The art show will be held from June 21st to September 1st, 2017 at the firm’s offices. We are welcoming the public to attend and view an artwork display from 19 up and coming artists and vote for their favourite pieces.

“We are thrilled to be associated with this art show hosted in our office and to welcome the public for a viewing. We have been hosting these events for more than 30 years in order to promote the emergence of young local artists. We are proud to support the arts and young talents.” stated Mr. Guy Fauteux, Vice President of the Eastern Townships of Raymond Chabot Grant Thornton.

La Grande Virée Artistique de Sherbrooke is once again proud to partner  with the top accounting firm in Québec to help promote local artists’ art work within the community. Our artists’ talent deserve better recognition and partnering  with the business community demonstrates our commitment to provide them with the means to fulfill their goals and ambitions”, concluded Ms. Nancy Asselin,  President of the organization.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton has become a Canadian leader in the fields of assurance, taxation, consulting services, business recovery and insolvency. The strength of the firm lies in a team of over 2,300 people, including 200 partners. Together, Raymond Chabot Grant Thornton and Grant Thornton LLP, another Canadian member firm of Grant Thornton International Ltd, help the Canadian dynamic organizations unlock their maximum growth potential, with more than 4,200 people working in 140 offices across Canada. Grant Thornton International Ltd gives its clientele access to the expertise from member and correspondent firms located in more than 130 countries, with over 47,000 professionals.

About La Grande Virée Artistique de Sherbrooke

La Grande Virée Artistique de Sherbrooke was founded in 2002 under the initiative of a group of Sherbrooke artists, renowned on the provincial and national stages. This event is a summer road circuit, covering the six boroughs of Sherbrooke, and takes place over two long weekends, spreading from the end of June to the beginning of July. It highlights the local artistic talents, whether in visual arts or crafts. For the past 15 years, La Grande Virée Artistique de Sherbrooke has promoted more than a hundred artists in Sherbrooke’s cultural community. It’s a significant event offered to art-lovers interested in discovering different worlds, learn about various techniques and expertise, and have an opportunity to meet and talk with the artists.

—30 —

Source:
Sarah Ouannou
Media Consultant
Raymond Chabot Grant Thornton
Tél. : 514 878-2692 ext. 5717
[email protected]

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19 Jun 2017

Are you among the 25% of Canadian owners who are only paying interest or the bare minimum on their home equity line of credit? If so, be careful because even if the rate is better than that of a regular line of credit, with a home equity line of credit, you’re only paying back the interest without necessarily paying part of the capital. The Financial Consumer Agency of Canada is warning consumers of the potential indebtedness dangers of such a product.

Pier-Paul Belzil-Lacasse, Lead Senior Manager, Turnaround and Licensed Insolvency Trustee, comments on the situation and offers advice for properly managing a home equity line of credit during an interview with TVA Abitibi-Témiscamingue (go to 12 min 5 sec) on June 9, 2017.