03 Aug 2011

The Eastern Townships region is proud to announce that the Sherbrooke office will receive RECYC-QUÉBEC’s Ici on recycle program’s highest recognition, i.e., Level 3 Performance certification.

The Ici on recycle program recognizes establishments rather than enterprises, so the region’s Sustainable Development Committee is currently putting together files for each of the Eastern Townships offices.

Kudos to the Sherbrooke office for this environmental initiative and its eco-friendliness!

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21 Jul 2011

The latest research from the Grant Thornton International Business Report (IBR) reveals that one privately-owned company out of five (22%) globally believes that the recent upheaval in the Middle East and North Africa has had a negative impact on their business. Ed Nusbaum, President and CEO of Grant Thornton International, discussed this statistic on Bloomberg. As for North America, one quarter (26%) of companies have also reported negative effects.

However, only 10% of companies globally say they are less likely to develop business in these regions. Mr. Nusbaum concludes that, in light of these results, companies still see real business opportunities in this part of the world for the mid- and long-term.

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07 Jul 2011

Montréal, July 7, 2011 – Raymond Chabot Grant Thornton applauds the Québec government’s announcement to implement the Western Climate Initiative’s (WCI) cap-and-trade credit system for greenhouse gas emissions. The system targets companies generating 25,000 tons and more of greenhouse gases (GHG) per year.

This announcement will allow Québec companies to start preparing now for the implementation of the cap-and-trade system and the transition period that will lead to enforcing the GHG regulations as of January 2013. The initiative will enable Québec to establish a schedule based on that of major WCI partners, such as California, Ontario and British Columbia,” said Raymond Chabot Grant Thornton, Lead Senior Manager, Environment, Greenhouse Gases, Roger Fournier.

In our view, the gas emission allowance market, which is now being created in cooperation with the states of California and New Mexico and the provinces of Ontario and British Columbia, is excellent news for Québec companies. Once it is regulated, this market will benefit our entrepreneurs, who can capitalize on the advantages of a regulated market. The proposed system accepts up to 8% in offset credits for regulated entity emissions. We see this as a business opportunity for other Québec enterprises that will have reduced their emissions and, consequently, will be able to sell those offset credits,” added Advisory Partner, Gérald Daly.

In addition, implementation of the regulation in various North American markets should significantly benefit Québec companies using renewable energy. Thanks to our locally produced hydroelectricity, Québec companies enjoy a very low carbon balance sheet compared to their competitors in the United States and other Canadian provinces, which must deal with much more polluting energy sources.

Such a distinctive factor constitutes a real positioning opportunity for our companies, particularly in a market where responsible supply linked to sustainable development are favoured. A small carbon footprint is a very real comparative advantage that can be used by enterprises to set themselves,” concluded Mr. Fournier.

About Raymond Chabot Grant Thornton
Founded in 1948, Raymond Chabot Grant Thornton is a leader in the fields of assurance, taxation, consulting, business recovery and reorganization services. The Firm owes its success to a team of over 2,000 people, including over 225 partners in more than 90 offices in Quebec, eastern Ontario and New Brunswick. The scope of its network has made the Firm the leader in its sector of activities. Additionally, for more than thirty years now, our Firm has also been a member of Grant Thornton International Ltd., providing its clientele with access to the expertise of member and correspondent firms in over 100 countries. 

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Francis Letendre
Public Relations Consultant
Raymond Chabot Grant Thornton
Tel. : 514 390-4201
Cell. : 514 554-1685
[email protected]

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28 Jun 2011

For several years, Véronique Denys, Taxation Manager at Raymond Chabot Grant Thornton’s Québec City office, dreamt of setting foot on the “Rooftops of the World.” On May 20, she did just that: she reached the summit of Mount Everest.

In the higher mountain regions where oxygen levels are low, wind gusts reach 90 km/hr and temperatures are extremely cold, Véronique Denys demonstrated courage and determination in her encounter with Mother Nature.

See the video below (in french) to experience the high points of her epic journey.