27 Nov 2018
Pierre Garant
Partner | CPA, CA | Assurance

National Bank and BDC are partnering with Raymond Chabot Grant Thornton to offer Operio to their SME clients

The solution allows entrepreneurs to free themselves of daily administrative and accounting tasks by having access to cloud accounting and expert advice of numerous professionals

Montreal, November 27, 2018 – National Bank and the Business Development Bank of Canada (BDC) are partnering with Raymond Chabot Grant Thornton to offer to their clients Operio, an integrated accounting and advisory service for SMEs.

Launched in 2017, Operio allows entrepreneurs to free themselves of daily administrative and accounting tasks in order to focus on growing their business with innovative technology solutions and the expert advice of professionals.

This new association creates synergy between banking services, financing solutions, consulting services and cloud accounting to better support entrepreneurs. Clients and local businesses will now have access to a host of new services tailored specifically to their needs while benefiting from an integrated, secure, intuitive and mobile technology platform.

“Entrepreneurs are very important to National Bank. We are pleased to offer them a simple, fast and efficient solution that will allow them to devote more time to growing their business. We firmly believe that they will find Operio very beneficial. The platform includes several tools that will lighten their daily workloads and allow them to track their operational performance in real time,” stated Stéphane Achard, Executive Vice-President, Commercial Banking and Insurance at National Bank.

“As a bank devoted exclusively to entrepreneurs, BDC is continually seeking innovative ways to improve timeliness, quality and user experience of its banking services,” explains Pierre Dubreuil, Executive Vice-President, Financing. “Operio is well aligned with this approach. It also provides businesses with strong financial and accounting management that’s essential for long-term success.”

Operio is quickly becoming a platform of choice for Quebec entrepreneurs. The service connects businesses with personalized financial management assistance and greater access to financing in order to support their growth.

“By combining the strengths of our three organizations, we are able to develop a digital offer that meets entrepreneurs’ needs. They will now have access to customized, specific and advanced expertise to support their growth every step of the way,” says Pierre Garant, President of Operio and partner and national assurance leader for Raymond Chabot Grant Thornton.

For more information: operio.ca.

About National Bank of Canada
With $258 billion in assets as at July 31, 2018, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. It has more than 23,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.

About BDC
BDC is the bank devoted exclusively to entrepreneurs. It promotes Canadian entrepreneurship with a focus on small and medium-sized businesses. With its 123 business centres from coast to coast, BDC provides businesses in all industries with financing and advisory services. Its investment arm, BDC Capital, offers equity, venture capital and flexible growth and transition capital solutions. BDC is also the first financial institution in Canada to receive B Corp certification. To find out more, visit bdc.ca.

About Raymond Chabot Grant Thornton
Founded in 1948, Raymond Chabot Grant Thornton has become a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization, with more than 2,500 professionals, including approximately 200 partners. Together, Raymond Chabot Grant Thornton and Grant Thornton LLP, another Canadian member firm of Grant Thornton International Ltd, comprise more than 4,400 professionals and close to 170 offices across Canada to help Canadian organizations achieve their full growth potential both locally and globally. Grant Thornton International Ltd provides clients with the expertise of member and correspondent firms across more than 135 countries and more than 50,000 professionals.

About Operio
Created in 2017, Operio is a subsidiary of Raymond Chabot Grant Thornton that provides an innovative, cloud accounting technology and consulting services for SEMs. Now an established player in the entrepreneurial market, Operio offers integrated services so entrepreneurs can dispose of their daily accounting and administrative tasks to focus on growing their businesses. Operio provides an integrated, secure, intuitive, collaborative, simplified and mobile technology platform, making it possible for entrepreneurs to track their results in real time.

For more information:

National Bank
Jean-François Cadieux
Senior Manager, Public Affairs and Corporate Social Responsibility
T. 514-394-6500
E. [email protected]

Flavie Côté
Media Relations
T. 1-844-625-8321
E. [email protected]

Raymond Chabot Grant Thornton | Operio
Francis Letendre, MSc
Head, Public Affairs
T. 514-390-4201
E. [email protected]

27 Nov 2018  |  Written by :

Pierre Garant is a partner at Raymond Chabot Grant Thornton. He is your expert in assurance. Contact...

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23 Nov 2018

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.”

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14 Nov 2018

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.


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14 Nov 2018

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