03 Jun 2015

MONTRÉAL, June 3, 2015 – “It’s been a while since conditions for growth in the manufacturing sector have been this favourable, but the recovery is not for everyone,” stated Guy Barthell, Partner in Raymond Chabot Grant Thornton’s Strategy and Consulting Group. His comments were made in conjunction with the release of the Quebec component of the cross-Canada manufacturing sector study sponsored by Grant Thornton LLP, Raymond Chabot Grant Thornton’s Canadian counterpart.

Manufacturers cautiously optimistic

U.S. manufacturers are enjoying a resurgence and free trade agreements have reduced trade barriers, factors that improve local business prospects. In light of this economic and political situation, in particular the weak Canadian dollar, compared to the U.S. dollar, the study reveals that 60% of Quebec manufacturers are cautiously optimistic (slightly below the national average of 63%).

Tougher competition

Many manufacturers are concerned about tough competition. This is the reason most often given to explain their reluctance to expand beyond North America. This concern is also seen in the industry’s greatest business challenges, as revealed by the study: controlling costs (1st) pressures on pricing (4th), which is very strong internationally.

Poor productivity

An analysis of the Quebec component of the cross-Canada study indicates that for many Quebec manufacturers productivity issues are limiting access to international markets with their growth potential. “It’s important to take advantage of the economic situation to invest in training, research and development. Only those businesses that are able to improve their practices can take advantage of the global economy,” Barthell concluded.

The complete study may be viewed at the following: www.rcgt.com/en/outlook2015.

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 2,500 professionals, 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 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 40,000 professionals.

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Source:

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

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02 Jun 2015

Raymond Chabot Grant Thornton Park

As announced in March, Raymond Chabot Grant Thornton signed a multi-year agreement with the Ottawa Champions Baseball Club on the naming rights of the Ottawa stadium.

To commemorate the opener at Raymond Chabot Grant Thornton Park, more than 150 guests got together before the game to celebrate the opening of the new baseball season in Ottawa. Several personalities attended, including the Mayor of Ottawa, City Councillors, and Raymond Chabot Grant Thornton Partners along with their clients and business associates.

David Gourlay, Jean Schnob and Emilio B. Imbriglio

David Gourlay, Jean Schnob and Emilio B. Imbriglio

President and CEO Emilio B. Imbriglio, and Ottawa and Outaouais Region Vice-President Jean Schnob received an official Ottawa Champions team jersey from the Club’s President, David Gourlay.

Additionally, before the get-together, Jean Schnob had the honour of making the ceremonial first pitch with Ottawa Mayor, Jim Watson. The attendance of Raymond Chabot Grant Thornton members seems to have been auspicious as the Champions won the game 8-1.

Have a great season and good luck to the Ottawa Champions and all their fans!

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01 Jun 2015

Sherbrooke, June 1, 2015 – Raymond Chabot Grant Thornton is pleased to enlist the expertise of Dennis Glezos, CPA, and his colleague, Lisa Wilson, who will now offer their talent for the success of their customers as the largest accounting firm in Quebec.

After having worked in the borough of Lennoxville to support their customers, these two experts integrate the premises of the Sherbrooke office of Raymond Chabot Grant Thornton, located at 455 King Street West. “We are very proud to join a strong team as Raymond Chabot Grant Thornton. This will allow us to provide our customers with many services offered by the firm, which will allow us to accompany them more effectively in their growth and success”, said Dennis Glezos.

“Mr. Glezos is a preferred advisor for the region’s business people. We are also pleased to benefit from his professionalism. He and his colleague are valuable assets for the office, the Eastern Townships region and the whole firm”, concluded the Vice-president of the Eastern Townships region, Réal Létourneau.

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 2,500 professionals, 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 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 40,000 professionals.

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Source:

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

Next article

27 May 2015

Congratulations to Martin Deschênes, Chairman of the Partnership Board and Assurance Partner (Montreal), for his recent community involvement as Co-Chair of the Jovia fundraising campaign.

Over $380,000 raised during a “simply glamorous” evening!

This May 6, nearly 700 guests from the business community, healthcare and the arts gathered for the 8th edition of the Jovia Benefit Gala. Véronique Cloutier and Louis Morissette emceed the gala on the theme “Tout simplement glamouristique!” (Simply glamorous!) The event was a real success, raising $386,000 for Jovia, which will be used to deploy the services of therapeutic clowns in Quebec care environments.

Over $380,000 raised during a

From left to right: Martin Deschênes, Louis Morissette, Candide Labelle, Véronique Cloutier, Julien Ponce (Morneau Shepell), and the evening’s honorary chair, Charles Guay (Manulife Quebec)

To learn more about this event, see the article published in the May 12 edition of Le Journal de Montréal by Rodger Brulotte.

About Jovia

Jovia’s mission is to contribute to improving the quality of life of hospital patients through its two therapeutic clown programs that combine complicity, playfulness and imagination. Jovia aims to integrate therapeutic clowns into the treatment plans of Canadian health care facilities.