24 Apr 2018
Sylvain Moreau
Partner | FCPA, FCGA, Pl. Fin., D. Fisc., TEP | Tax

Finalizing your tax returns and wanting to save money? Partner Sylvain Moreau has some advice for you!

In an interview with Cindy Royer on LCN’s Dans vos poches program last Saturday and Sunday, Tax Partner Sylvain Moreau said: “Year-round tax planning is the key to avoid misplacing the necessary papers and making sure you get all the deductions you’re entitled to.”

The expert provided sound advice during the weekend to make taxpayers’ lives easier and inform them about the latest changes in areas such as public transit, health services contribution, taxation of RRSP withdrawals and Tax Credit for Workers 63 or Older.

Watch the full Saturday April 14th interview (in French only):

Watch the full Sunday April 15th interview (in French only):

Sylvain Moreau is also a columnist for the Journal de Montréal and Journal de Québec.

24 Apr 2018  |  Written by :

Sylvain Moreau is a partner at Raymond Chabot Grant Thornton. He is an expert in taxation for the...

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23 Apr 2018
Sylvain Moreau
Partner | FCPA, FCGA, Pl. Fin., D. Fisc., TEP | Tax

On April 12, 2018, the 19th breakfast conference of the Conseil économique de Beauce (CEB) was held at the Georgesville Conference Centre in Saint-Georges.

Presented by Raymond Chabot Grant Thornton, the theme of this event was “Technological changes to watch for: Are you ready for this new reality?”.

Some 170 business people attended the conferences of our two experts: Louis Roy, Partner, National Assurance Manager and Blockchain Leader, and Éric Nguyen, Senior Manager, Artificial Intelligence and Advanced Analytics.

Intelligence as a corporate and social asset

Éric, who was the first speaker, provided a concise explanation of the issues artificial intelligence presents for society, for bank, financial and manufacturing entities and public sector and retail businesses alike. He went on to say: “The changes attributable to artificial intelligence are already being felt in numerous industries.”

This expert also listed tangible examples of businesses that have successfully adopted artificial intelligence as part of their methodology and mentioned the remarkable evolution of this promising technology that could revolutionize several sectors such as education, medicine, law, etc.

Blockchain technology, a monumental change

Louis explained blockchain in simple terms and its enormous potential for revolutionizing the business world:
He declared that “blockchain will change the way we do business. This is the single most important technological innovation since the birth of the Internet.”

To learn more about these conferences, read the article (in French) here.

24 Apr 2018  |  Written by :

Sylvain Moreau is a partner at Raymond Chabot Grant Thornton. He is an expert in taxation for the...

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20 Apr 2018
Sylvain Moreau
Partner | FCPA, FCGA, Pl. Fin., D. Fisc., TEP | Tax

During the Gala des Mercuriades, the Fédération des chambres de commerce du Québec paid tribute to Serge Saucier, president for over 20 years (1980-2001) at Raymond Chabot Grant Thornton. Some 1,000 business people were in attendance to witness this important moment.

Serge Saucier is a key figure in Quebec’s economic history and contributed to making Québec Inc. what it is today. He was instrumental in the creation of institutions such as Caisse de dépôt et placement du Québec and the Fonds de solidarité FTQ. He forged Raymond Chabot Grant Thornton’s identity, established our position on the market and defined our status in the economy. For him, proximity to the client was more than geography, it was the ability to establish a connection and build a relationship.

We invite you to view the video broadcast during the gala (French only) to get to know this exceptional person.

As a partner of the event, President and CEO, Emilio B. Imbriglio, awarded the Mercure Raymond Chabot Grant Thornton – Entrepreneuriat, relève et transfert d’entreprise, to Biron Groupe Santé in the large business category and to Brio Conseils in the SME category.

Congratulations to the finalists and winners in this 2018 edition.

Biron Groupe Santé

Brio Conseils

About the Mercuriades

Launched in 1981 by the Fédération des chambres de commerce du Québec, the Mercuriades business competition is the most recognized and prestigious of its kind in Quebec. Each year, it celebrates the innovation, ambition, entrepreneurship and performance of Quebec businesses, both big and small. To learn about the 2018 winners, visit www.mercuriades.ca.

24 Apr 2018  |  Written by :

Sylvain Moreau is a partner at Raymond Chabot Grant Thornton. He is an expert in taxation for the...

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19 Apr 2018
Sylvain Moreau
Partner | FCPA, FCGA, Pl. Fin., D. Fisc., TEP | Tax

New income splitting rules were introduced by the federal government on January 1, 2018. In an article in Les Affaires, Luc Lacombe, Tax Partner at Raymond Chabot Grant Thornton, explains the impact of those new measures.

Those measures alter several aspects of the current law and impact, particularly, the benefits for incorporated professionals and entrepreneurs.

Luc calculated the tax savings that incorporated professionals could earn if they split their income with a spouse and two children through a corporation. “(…) In total, the tax authorities can only recover 28.8% of the $250,000”, he observed. “This structure generates entirely legal tax savings of $40,000! Up until last year, the only thing to keep in mind was to ensure that the money paid to family members as dividends was not returned to the incorporated professional or entrepreneur.”

Use of this practise exploded in the early 2000s when the government granted tax credits to corporations and gradually increased the tax on high income individuals. The gap also increased when incorporation was permitted in several professions, thereby promoting income splitting strategies. Today, numerous advantages have been withdrawn.

Luc states: “I believe without a doubt that this reform targets incorporated professionals, starting with doctors. Through its reform, the government almost entirely cuts off their access to income splitting (among others).”

To learn more about these new measures, read the article (in French only) published in Les Affaires on March 10, 2018.

24 Apr 2018  |  Written by :

Sylvain Moreau is a partner at Raymond Chabot Grant Thornton. He is an expert in taxation for the...

See the profile