26 Apr 2018

As a sponsor of the 2nd edition of the Prix Créateurs d’emplois du Québec, an important event that awards businesses that increased their number of employees during the past year, Raymond Chabot Grant Thornton encourages all eligible companies to participate.

To apply: fill out this short online form.

Deadline: May 31, 2018.

Criteria: number of jobs created or maintained in the past year and a description of how this was achieved.

The official gala will take place on October 24, 2018 at the Centre des congrès de Québec. The Premier of Quebec and numerous business leaders will attend.

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25 Apr 2018

The continuing retirement of baby-boomers is creating a serious need for successors in Quebec SMEs. Éric Dufour, Business Transfer Leader at Raymond Chabot Grant Thornton answered several questions as part of the Les Affaires February 2018 supplement on Business Transfers.

Eric noted: “Employees must be told about the major steps of the succession plan. It’s important to explain the new structure and philosophy and the strategic plan.”

Win-win transactions for transferors

The transfer could even be undertaken in several steps. Eric adds: “You can start by transferring responsibilities, then consider the next steps, such as a progressive shareholder change. This allows transferors to stay on and phase out their involvement, while going through the essential business grief period.”

View the complete business transfer supplement in Les Affaires (available only to subscribers).

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24 Apr 2018

Éric Nguyen, Senior Manager, Artificial Intelligence and Advanced Analytics at Raymond Chabot Grant Thornton, says that with the arrival of artificial intelligence, the accounting profession will inevitably be transformed.

In an article published in La Presse, he was asked if, one day, robots would replace accountants. Éric replied: “Artificial intelligence is not a technology that will replace accountants, but it will become a decision assistance tool. For example, reconciling transactions is a long, arduous and time-consuming task. The more data are digitized, the more efficient the accountant’s work will be. Accountants will have to be more multidisciplinary. For example, they will need to know how to program.”

Read the article online (in French).

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24 Apr 2018

Finalizing your tax returns and wanting to save money? Partner Sylvain Moreau has some advice for you!

In an interview with Cindy Royer on LCN’s Dans vos poches program last Saturday and Sunday, Tax Partner Sylvain Moreau said: “Year-round tax planning is the key to avoid misplacing the necessary papers and making sure you get all the deductions you’re entitled to.”

The expert provided sound advice during the weekend to make taxpayers’ lives easier and inform them about the latest changes in areas such as public transit, health services contribution, taxation of RRSP withdrawals and Tax Credit for Workers 63 or Older.

Watch the full Saturday April 14th interview (in French only):

Watch the full Sunday April 15th interview (in French only):

Sylvain Moreau is also a columnist for the Journal de Montréal and Journal de Québec.