03 Apr 2017

 

According to the results of the latest Léger survey on the reputation of businesses published in Les Affaires, Raymond Chabot Grant Thornton ranks first among accounting firms! In fact, placing 136th out of 299 businesses from all over the world surveyed for reputation, the firm comes first ahead of all other accounting players that placed between 163 and 231.

Passion, commitment and credibility

This excellent result is a sure reflection not only of our reputation, but also of Raymond Chabot Grant Thornton’s credibility, discipline and rich history! It is also tangible proof of the commitment and passion of all of the firm’s professionals and partners to serve clients well and help them unlock their full growth potential! Thank you to all of you who have been placing your trust in Raymond Chabot Grant Thornton for the past 68 years!

Over 13,000 involved in survey

This annual survey, conducted by Léger since 1994, involved close to 13,021 adult respondents between December 21, 2016 and January 29, 2017; the reputation index of the businesses is the difference between the percentage of good opinions and the percentage of bad opinions.

For more information on this survey, read the article published in Les Affaires (full article and rankings reserved to subscribers of Les Affaires).

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31 Mar 2017

Éric Lebel, Raymond Chabot Grant Thornton Partner, Trustee and Financial Turnaround Advisor, analyzes a specific situation and suggests a consumer proposal to deal with $156,000 in debt.

Read the article in Journal de Montréal for more information on this financial situation.

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31 Mar 2017

MONTRÉAL, March 31, 2017 – Raymond Chabot Grant Thornton is proud to be involved with the new Métier Dirigeant TV series on management leadership, which will air on V-Télé on Saturday, April 1, 2017, 12 p.m.

In this series, Éric Paquette, President and Co-founder of the Institute of Leadership and series host, will introduce six corporate leaders who took Institute of Leadership training.

“The docu-reality TV show is quite dynamic. In this series we meet and get to understand and see what defines exceptional individuals who become leaders in life. With the development of dynamic, local businesses at heart, we continue to support and associate ourselves with these inspiring shows that make viewers aware of the realities of entrepreneurship throughout Quebec, a pillar of our collective growth,” stated Emilio B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton.

In addition to the TV series, viewers can also watch the advisory capsule by Nancy Jalbert, Strategy & Performance Consulting Partner at Raymond Chabot Grant Thornton, which explains the qualities of a good leader. This capsule, airing on TV in the coming weeks, can be viewed on the Raymond Chabot Grant Thornton Youtube webpage.

“Leadership is an essential characteristic that sets dynamic and passionate managers apart. What motivates us every day is to properly foster this aptitude in the people of talent on our teams, so that they can fulfil their ambitions. This association with the TV series underscores our desire to emphasize leadership and boldness, undeniable assets for success,” concluded Yasser Waly, Partner, Business Development & Strategy.

Raymond Chabot Grant Thornton, fière partenaire de la nouvelle télésérie Métier Dirigeant

Anne-Marie Guertin, Regional Manager, Marketing & Communications, Lise Monette, Vice-President Marketing & Communications and Ghyslain Cadieux, Senior Manager, Management Consulting, in the company of the leaders highlighted in the series and the producer of this TV show.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton has become a Canadian leader in the fields of assurance, tax, consulting services, and business recovery & reorganization. Its strength is based on a team of over 2,300 professionals, including some 200 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 4,100 professionals 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 42,000 professionals.

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Source :

Francis Letendre
Senior Consultant – Public Relations
Raymond Chabot Grant Thornton
Tel.: 514-390-4201
letendre.francis@rcgt.com

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29 Mar 2017

QUÉBEC CITY, March 28, 2017 – In response to the Quebec budget tabled today by Finance Minister, Carlos Leitão, Raymond Chabot Grant Thornton publishes its summary of the main tax measures announced with a number of observations. The reference document prepared by a team of tax specialists in the lock-up may be consulted here. Additionally, the firm highlights some budget measures and invites the government to act on a number of issues.

A budget focussing on services to the population…

Raymond Chabot Grant Thornton lauds significant investments in health and education and public transit that will foster job creation.

“There is no doubt about the benefits of additional investments of $289M for labour development measures. Additionally, improvements to two measures to support businesses, i.e. three-year extension of the tax holiday eligibility period for large investment projects and the introduction of an additional capital cost allowance—representing tax relief of $165M over five years—should bring a breath of fresh air,” indicated Tax Partner, Luc Lacome.

“In a context where entrepreneurs—our wealth creators—need additional means to help them excel in line with their ambitions, we applaud these measures. The government is continuing its tight public fund management while investing in education and health, pillars of our growth. The government is also focussing on the “4Es”: the entrepreneurship, employment, exploiting natural resources and education. However, this budget could have lightened the tax burden of our SMEs, since only those in the primary and manufacturing sector benefit from a 4% tax rate while all others are taxed at 8%, the highest rate in the country,” stated President and CEO, Emilio B. Imbriglio.

Measures We Would Have Liked to See to Further Support Businesses and Investments!

Tax

To further stimulate the Quebec economy, Raymond Chabot Grant Thornton, among others, incites the Quebec government to abolish corporate income tax on the first $500,000 of an SME’s taxable income, provided that the savings be invested in productivity, employment and innovation in a manner that avoids abuse. Investments could be subject to accelerated CCA or to a tax credit.

Entrepreneurial succession

“Another major issue for the firm is the preparation of succession plans. First, we salute the additional measures announced today for entrepreneurs, in particular those in the upcoming Action plan for entrepreneurship. The recent announcement of the Caisse de dépôt et placement du Québec’s (CDPQ) creation of the Fonds Relève is excellent news to support successful business transfers,” commented Éric Dufour, Regional Vice-President and National Business Transfer Leader.

While the CDPQ has elected primarily to invest in businesses by way of an equity investment, when they have a well-defined transition plan, the Quebec government should also be supporting businesses that, in fact, want to develop this type of formal business plan. “Since the key to successfully passing the torch and ensuring our businesses’ longevity is a business transfer plan, the government would do well to create a fund to support businesses so they can get professional support in preparing a formal and comprehensive business transfer plan. Only 9% of business owners have a formal, written succession strategy, which is a cause for concern. Moreover, the government should relax the eligibility criteria for various business transfer measures,” added Dufour.

Business Immigration

In the case of business immigration, Raymond Chabot Grant Thornton urges the Quebec government to increase (or abolish the quota system) for the Immigrant Investor Program (IIP). “Until 2011, under the IIP, foreign business people could invest in Quebec in accordance with certain criteria, while benefitting from permanent resident status. Since the introduction of the quota system, processing costs have skyrocketed. This strategic and highly beneficial program for the Quebec economy should be supported, particularly with the growing need for public and private investments, notably in infrastructure,” concluded Marc Audet, President and CEO of Auray Capital, a subsidiary of Raymond Chabot Grant Thornton.

Consult measures proposed to the Quebec government in the firm’s pre-budget notice click here.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton has become a Canadian leader in the fields of assurance, tax, consulting services, and business recovery & reorganization. Its strength is based on a team of over 2,300 professionals, including some 200 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 4,100 professionals 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 42,000 professionals.

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Source :

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