23 Nov 2018
Emilio B. Imbriglio
President and Chief Executive Officer | FCPA, FCA, MBA, CFE, ICD.D.

Federal Economic Statement: Raymond Chabot Grant Thornton’s President and CEO Salutes the Positive Effect of Accelerated Investment Incentive.

Emilio B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton, stated from the start: “Our firm has been lobbying for many years to have equipment investments subject to an accelerated capital cost allowance, possibly even grossed up in the first year, to stimulate investments to modernize businesses. The objective is to make our businesses more competitive globally and foster wealth and job creation.”

This measure of the November 21, 2018 announcement by the federal Minister of Finance was well received by the firm, as stated by the President and CEO in a La Presse article. Supporting innovation in business and the export diversification strategy are also interesting ways to help businesses maintain their competitiveness.

Despite the announced accelerated capital cost allowance for the cost of machinery and equipment used for the manufacturing or processing of goods, the Canadian tax system must be more competitive. It would have been preferable for the Minister to do as the U.S. has done and announce a total capital cost allowance for all goods acquired (other than buildings), combined with an appropriate corporate tax reduction.

As a reminder, Raymond Chabot Grant Thornton has been lobbying for this for many years:

The federal government should abolish corporate income tax on the first $500,000 of taxable income of SMEs, provided the resulting savings are invested in productivity, job creation or innovation in a manner that avoids any type of abuse. The investments could be subject to an accelerated capital cost allowance and potentially increased in that year or subject to a tax credit.

Imbriglio added: “We are competing with neighbouring jurisdictions and Canada has a responsibility towards Canadian businesses to ensure their tax environment is as competitive. There is no doubt that making the corporate tax rate more attractive than the U.S.’s would further bolster business growth and give Canada an incentive tax system.”

23 Nov 2018  |  Written by :

Mr. Imbriglio is partner and the President & CEO of Raymond Chabot Grant Thornton. He is in charge...

See the profile

Next article

14 Nov 2018
Emilio B. Imbriglio
President and Chief Executive Officer | FCPA, FCA, MBA, CFE, ICD.D.

Sunset in Cannes: The backdrop for Raymond Chabot Grant Thornton’s media and entertainment event at MIPCOM 2018.

For the 14th year in a row, our specialists, Alain Lacasse, Éric Julien, Guillaume Landry and Charles David participated in one of the largest media and entertainment industry gatherings—MIPCOM The World’s Entertainment Content Market—and took the opportunity to greet industry members at a cocktail organized in partnership with Grant Thornton UK, Grant Thornton Ireland, Globalex and National Bank.

This year, over 200 people were in attendance at the Plage du Goéland in Cannes for food and drinks and to meet with industry members under the backdrop of a magnificent sunset.

“It was the ideal opportunity to network and cement our business relationships all while strengthening our ties to the Grant Thornton family,” said Alain Lacasse, Partner.

Raymond Chabot Grant Thornton has been supporting professionals and entrepreneurs in the film and television industry for several years. Our team of industry experts and tax, financing and assurance technical specialists stay on top of new trends and propose practical, innovative, clear, affordable and pragmatic approaches to clients.

MICPCOM 2018

23 Nov 2018  |  Written by :

Mr. Imbriglio is partner and the President & CEO of Raymond Chabot Grant Thornton. He is in charge...

See the profile

Next article

14 Nov 2018
Emilio B. Imbriglio
President and Chief Executive Officer | FCPA, FCA, MBA, CFE, ICD.D.

Raymond Chabot Grant Thornton is very pleased to welcome Zins Beauchesne and Associates within our firm.

Specializing in strategic planning and marketing, Zins Beauchesne is recognized for the professional support it provides to private businesses and public agencies as well as its ability to apply proven data collection, research, analysis and planning techniques.

A complement to our service offering

This new expertise will contribute to our positioning as organizational growth business advisors. With this addition to our service offering we will develop new markets while consolidating our leading position in the retail, agri-food and tourism, leisure and culture sectors.

Michel Zins and Renée Dubé, President and Partner, respectively, at Zins Beauchesne and Associates will enhance our management consulting team.

Michel Zins

Michel has over 30 years of consulting experience for national and international projects. His experience and high-level education have made him a highly sought-after consultant in strategic planning and marketing, development plans, innovation and change management for private businesses, provincial and federal departments and not-for-profit organizations.

Renée Dubé

Renée has a Bachelor of Business Administration and a Master of Marketing Research from HEC Montréal and has been providing advisory services to private businesses and public agencies on market segmentation, client expectation and satisfaction measurement and sector analyses for 25 years. Her involvement in client assignments encompasses market and positioning studies, the implementation of marketing and branding strategies and marketing and strategic planning.

 

Zins Beauchesne

Pierre Fortin, Nicolas Plante, Renée Dubé et Michel Zins

23 Nov 2018  |  Written by :

Mr. Imbriglio is partner and the President & CEO of Raymond Chabot Grant Thornton. He is in charge...

See the profile

Next article

14 Nov 2018
Emilio B. Imbriglio
President and Chief Executive Officer | FCPA, FCA, MBA, CFE, ICD.D.

We’re hearing more and more about artificial intelligence and how it’s changing our every day life.

Raymond Chabot Grant Thornton recently completed an assignment for the Commission scolaire du Val-des-Cerfs (CSVDC) in the Granby region that demonstrates exactly this point.The goal? Identify Grade 6 students who represent a significant risk of dropping out in the next three years.

The solution? Our firm, through its artificial intelligence and advanced analytics advice service, has contributed to the development of a computer algorithm that can identify future drop-outs with a 92% accuracy rate! To do this, we compiled 300 different factors in the file of each of the 60,000 students who had studied at the CSVDC since 2002.

To learn more, read the article that was published in La Presse+ on November 1, 2018 (in French only). You can also read the English version of this article at National Newswatch.

Our world is evolving at lightning speed and is transforming business practices. Discover all of our digital and technology consulting services!

23 Nov 2018  |  Written by :

Mr. Imbriglio is partner and the President & CEO of Raymond Chabot Grant Thornton. He is in charge...

See the profile