04 Jun 2018
Bruno Charron
Partner | CPA, CA, M. Fisc. | Tax

In an article published in Le Droit, Tax Partner Bruno Charron, discusses incentives for the acquisition of works of art by PMEs and corporations.

Current tax incentives also help to support art and culture in Quebec and Canada.

However, according to Bruno, the capital cost allowance on the purchase or lease of a work of art is not as advantageous as other types of expenses, such as charitable gifts.

“Very few of our SME clients take advantage of these tax savings. Those who do are usually philanthropist art lovers, who don’t invest in art for tax reasons. A charitable gift, for example, would trigger a greater refund.”

To find out more about tax provisions relating to purchases of works of art, read the article (in French) published on May 22, 2018.

04 Jun 2018  |  Written by :

Bruno Charron is a partner at Raymond Chabot Grant Thornton. He is your tax expert for the Gatineau...

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01 Jun 2018
Bruno Charron
Partner | CPA, CA, M. Fisc. | Tax

How machines use and understand human language? This was an IVADO workshop held by Alexandre Nguyen, Manager, Artificial Intelligence.

Alexandre Nguyen, Manager, Artificial Intelligence at Raymond Chabot Grant Thornton and a graduate of MILA (Montréal Institute of Learning Algorithms) was invited to present a workshop on natural language processing (NLP), as part of an event organized by the Institute for Data Valorization. The training provided participants with insight into how machines use and understand human language.

Several other workshops were presented during this training week from May 14 to 19, 2018, including an introduction to new technologies in finance, deep learnings and reinforcement learning. The purpose of this event was to bridge the gap between university expertise and corporate needs by helping finance and insurance sector stakeholders resolve tangible artificial intelligence problems through practical workshops.

Mr. Nguyen was in the company of leaders in the field, including Manuel Morales, Researcher Emeritus at Université de Montréal and recently appointed Chief Scientist, Artificial Intelligence at the National Bank of Canada, who was the originator of this topical workshop.

04 Jun 2018  |  Written by :

Bruno Charron is a partner at Raymond Chabot Grant Thornton. He is your tax expert for the Gatineau...

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31 May 2018
Bruno Charron
Partner | CPA, CA, M. Fisc. | Tax

The theme of this year’s AI Forum presented by C2 Montréal from May 23-25, 2018 was “Taking the next bold step”.

Raymond Chabot Grant Thornton and its subsidiary Catallaxy were proud to be associated with this unique forum that brought together renowned international experts and leaders.

The Challenges of AI

Eric Nguyen, Senior Manager and Leader of the Artificial Intelligence (AI) and Advanced Analytics practice at Raymond Chabot Grant Thornton, Claude Guay, General Manager, IBM Global Business Services Canada and Stephen Piron, CEO, DeepLearni.ng, presented a conference on what can be learned from less-than-glossy AI events. Eric gave three examples of situations where AI did not achieve the expected results. He concluded by explaining that artificial intelligence can only bring added value in resolving business issues if the problem comprises uncertainties and complex elements to be solved in a repetitive process assessed in accordance with clearly defined metrics.

AI in Blockchain

Vincent Gauthier, Catallaxy Cofounder and Alexandre Nguyen, Manager, Artificial Intelligence at Raymond Chabot Grant Thornton, led a workshop on the interconnection between blockchain and AI. Going beyond the hype, they described the true possibilities and limitations of these technologies and then discussed with participants realistic situations where these technologies could intersect.

For the time being, it’s not realistic to state that these two technologies align, that they are technologically mature or that the market is ready to use them together. Nevertheless, Catallaxy has already undertaken studies and research to explore these possibilities and gain a clear understanding of these technologies, their possibilities and limitations in their business’s context.

04 Jun 2018  |  Written by :

Bruno Charron is a partner at Raymond Chabot Grant Thornton. He is your tax expert for the Gatineau...

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30 May 2018
Bruno Charron
Partner | CPA, CA, M. Fisc. | Tax

Raymond Chabot Grant Thornton and its subsidiary Catallaxy were proud to welcome Dominique Anglade, Deputy Premier and Minister of Economy, Science and Innovation and Minister responsible for the Digital Strategy, for the announcement that FormFintech would be receiving $225,000 in financial assistance to support the improvement of its three main services, i.e. recruiting, training and the incubation of start-ups.

Ms. Anglade and her team went to BlockHouse, an international center of excellence recently inaugurated by the firm and dedicated to blockchain, applied cryptography and distributed technologies expertise, to share this major announcement.

Some one hundred participants were in attendance, including Emilio. B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton, Louis Roy, the firm’s blockchain leader and Arthur Prats Ladous, BlockHouse manager.

All were pleased with this news, which fits in with the government’s plan to encourage and support the creation of promising, innovative businesses and shows Fintech’s potential to help grow local businesses and enhance Quebec society.

For more information, read the article published in Les Affaires on May 24, 2018 and the one in Finance et Investissement published on May 28, 2018. [Available in French only.]

04 Jun 2018  |  Written by :

Bruno Charron is a partner at Raymond Chabot Grant Thornton. He is your tax expert for the Gatineau...

See the profile