21 Oct 2015

Congratulations to Réal Létourneau, Partner and Regional Vice-President for over 15 years, who was recently named Ambassador by the Université de Sherbrooke and received a Mérite estrien award from La Tribune.

An Ambassador Who Played an Active Role in Regional Development
The 20th edition of the Gala du rayonnement de l’Université de Sherbrooke recently paid tribute to a number of alumni members who have paved a path of excellence for future generations. Réal Létourneau was named Ambassador of the Management Faculty. The University stated that, in addition to an illustrious career at Raymond Chabot Grant Thornton, this former Chairman of the Sherbrooke chamber of commerce in the late 1980s played a pivotal role in the region’s development and growth. He has inspired harmony, leadership, confidence and innovation in everything he does.

Rector Luce Samoisette and Board Chair Lynda Durand  surrounded by Gala du rayonnement 2015 awardees (Photo: UdeS)

Rector Luce Samoisette and Board Chair Lynda Durand
surrounded by Gala du rayonnement 2015 awardees
(Photo: UdeS)

A Sherbrooke Native Who Gives Back to His Region
In addition to his alma mater’s recognition, Réal also received an award from the daily newspaper La Tribune. Each week, La Tribune awards a Mérite Estrien. At a special event in February 2016, fifty individuals will be recognized for their ongoing commitment and dedication to their community, out of sheer uninterested passion and with little regard for the hours spent. Our partner was honoured for his tremendous contribution to the Eastern Townships’ development.

To learn more about Réal Létourneau and his life, read the excellent article (in French) “La réussite en trois volets” published in the October 13th edition of La Tribune.

Kudos to Réal Létourneau for these two prestigious awards and for an outstanding career that reflects so well on Raymond Chabot Grant Thornton, the Université de Sherbrooke and the entire Eastern Township community!

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05 Oct 2015

Montréal, October 5, 2015 – Raymond Chabot Grant Thornton is very proud to present the Mercure Entrepreneuriat award for a third consecutive year as part of the prestigious Fédération des chambres de commerce du Québec’s (FCCQ) 2016 Mercuriades competition.

“Our firm is a choice supporter of dynamic organizations. For more than 65 years, we have been continually motivated to make them more visible and enable them to unlock their full potential for growth. The success of our wealth-creators deserves to be recognized. This is why Raymond Chabot Grant Thornton is pleased to reward those who have implemented development measures to promote the growth and innovation of their business”, said the firm’s President and CEO, Emilio B. Imbriglio.

The Mercure Entrepreneuriat – Raymond Chabot Grant Thornton is awarded to SMEs and large enterprises. It is intended to reward a business’s growth strategy that was designed to achieve the organization’s full potential. Such growth must be planned to ensure the business’s sustainability over time and must be part of carefully thought-out planning, such as is needed with new market developments, mergers & acquisitions or product turnarounds.

“We invite entrepreneurs from SMEs and large enterprises to apply in great numbers. Their success contributes to the entire province’s success. We owe it to ourselves to highlight their strong contribution to our society’s expansion”, added Mr. Imbriglio.

To find out all about the FCCQ’s 2016 Mercuriades, particularly the various competition categories, including Entrepreneuriat Raymond Chabot Grant Thornton, or to apply, go to www.mercuriades.ca. There are no registration or application fees. The deadline to apply is December 18, 2015.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton (rcgt.com) has become a leader in the fields of assurance, tax, consulting services, and business recovery & reorganization. Its strength is based on a team of over 2,500 people, including some 230 partners. Together, Raymond Chabot Grant Thornton and Grant Thornton LLP, another Canadian member firm of Grant Thornton International Ltd, help dynamic Canadian organizations unlock their potential for growth with over 4,300 people and some 140 offices across Canada. Grant Thornton International Ltd provides clients with the expertise of member and correspondent firms in more than 130 countries, with over 40,000 people.

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Source:

Francis Letendre
Senior Consultant – Public Relations
Raymond Chabot Grant Thornton
Tel.: 514-390-4201
[email protected]

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02 Oct 2015

According to the CROP survey conducted by Raymond Chabot Grant Thornton, nearly one in two Quebecers could not survive a month if they lost their job

 Éric Lebel, Recovery & Reorganization Partner at Raymond Chabot Grant Thornton, contributed to an article in the October edition of Coup de pouce magazine, analyzing the dangerous situation of a large number of Quebecers who live “from paycheque to paycheque”. He offers advice to prevent this risk situation and manage personal finances properly.

Quebecers with fragile finances…

Nowadays, consumption is no longer restrained by our income, savings are rare, and recourse to borrowing to finance our needs and desires has become commonplace. However, this lifestyle, disconnected from our real income, can have serious consequences. According to the 2014 report of the Office of the Superintendent of Bankruptcy Canada, the number of insolvency cases reached 43,891, a 4% increase compared to 2013.

The CROP poll published by Raymond Chabot Grant Thornton last April reveals that 41% of Quebecers consider their personal finances are fragile. The situation for the 18 to 44 age group is even more precarious. Half of them consider their personal finances are fairly or very fragile. Under these conditions, saving becomes difficult: 4 in 10 Quebecers declare they never save. Yet without savings, people are very vulnerable to the unexpected.

Sticking to your budget

From Éric Lebel’s point of view, savings are the best way to have peace of mind regarding your personal finances. He explains that there is no miracle solution to be able to save: you have to make a budget and stick to it.

Making a budget doesn’t mean you can’t have fun anymore. If a budget is too strict, it won’t be respected. The planning exercise must include a “fun” expense item. When you want to indulge yourself (clothing, restaurants, trips…), you will “take money from this envelope instead of going deeper to debt on your credit card,” the expert explains.

To learn more, see the article in the October issue of Coup de pouce magazine.

 

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30 Sep 2015

 

The L’Ensemblier clothing chain operating in Eastern Quebec and Northern New Brunswick is closing all its stores. The company had been in the process of a major restructuring for a year. 125 employees are losing their jobs. Stéphane Gauvin, Partner and Trustee responsible for the file, comments on Radio-Canada.