12 Nov 2015
Pierre Fortin
Partner | CPA, CA | Management consulting

In an interview with François Gagnon, host of the PME en action program on the Argent network, Pierre Fortin, Management Consulting Partner, provided insight into strategic planning.

He explained that strategic planning benefits both SMEs and large entities. It’s not, as many mistakenly believe, simply a huge report gathering dust on the shelf, it’s a way for businesses of all sizes to develop a tailored, simple, easy-to-apply game-plan.

Pierre added that entrepreneurs only spend one hour per week on their corporate strategy. Yet, taking a step back to look at the company’s vision, its objectives and the values it wants to transmit to staff and clients makes it possible to set up a well-defined plan that will contribute to increasing the bottom line as well as mobilizing employees and getting their buy-in to attain the company’s objectives.

The first step in strategic planning must include an in-depth review that encompasses analyzing the competition and the company’s distinctive features. This is then followed by development of the actual plan and its implementation.

Visit the Argent network Internet site to see the complete interview (French only).

12 Nov 2015  |  Written by :

Pierre Fortin is a partner at Raymond Chabot Grant Thornton. He is your expert in Management...

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06 Nov 2015
Pierre Fortin
Partner | CPA, CA | Management consulting

Emilio B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton, opened the Tax Coop international conference on tax competition, held last Tuesday in Montreal. This event, organized in particular by celebrated tax specialist Brigitte Alepin, brought together leaders in the taxation field from Quebec and around the world to discuss ways to find solutions to tax system deficiencies in a global and increasingly digital economy.

Rethinking the tax system in Quebec

The President of Raymond Chabot Grant Thornton seized the opportunity to defend the interests of SMEs in tax matters. “The tax system in Quebec must be rethought to allow Quebec businesses to benefit from global opportunities,” Emilio B. Imbriglio told an audience of experts from the political and university spheres, civil society, the business community and many media (find the report by journalist René Vezina on Ici Radio Canada from 20 : 17)

SMEs: a 0% tax rate on certain conditions…

Emilio B. Imbriglio made several concrete proposals regarding taxation to favour the success of entrepreneurs. In particular, he suggested getting inspired by Manitoba’s reforms and offering a 0% tax rate for companies with incomes below $500,000. “In exchange, the companies must commit to reinvesting in production, employment and innovation,” he added.

Tax fairness and business transfer

Emilio B. Imbriglio also raised the issue of the succession: “Quebec is about to live through the most far-reaching change of management it has ever seen among CEOs of small and medium enterprises. One third of entrepreneurs will retire […]. Remember that SMEs account for 99.8% of our businesses and 60% of our GDP”. To avoid the closure of these businesses, the President hopes that the takeover of existing businesses by the new generation will be favoured, and the tax system will make intergenerational business transfers fairer.

This wasn’t the first time that Emilio B. Imbriglio had spoken up to defend Quebec entrepreneurs. He had begun a tour of the province to present innovative ideas in favour of entrepreneurship. Click here to learn more

Emilio B. Imbriglio

Emilio B. Imbriglio, président et chef de la direction, Stéphane Pallage, doyen de l’ESG UQAM, Brigitte Alepin, fiscaliste, écrivaine et organisatrice de l’événement, Luc Godbout, professeur à l’université de Sherbrooke et président de la Commission d’examen sur la fiscalité québécoise et Louise Otis, présidente du Tribunal Administratif de l’Organisation de Coopération et de Développement économiques (OCDE) et présidente du Tribunal d’appel de l’Organisation Internationale de la Francophonie (OIF).

 

Emilio B. Imbriglio

Emilio B. Imbriglio, président et chef de la direction de Raymond Chabot Grant Thornton avec Pierre Karl Péladeau, chef du Parti Québécois, chef de l’opposition officielle et porte-parole pour la Capitale-Nationale et la métropole.

 

12 Nov 2015  |  Written by :

Pierre Fortin is a partner at Raymond Chabot Grant Thornton. He is your expert in Management...

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05 Nov 2015
Pierre Fortin
Partner | CPA, CA | Management consulting

 

For the first seven months of 2015, the number of personal bankruptcies in the region increased by 15.6% compared to 2014. “In Saguenay-Lac-Saint-Jean, the rate of increase in personal bankruptcies was double the Quebec average,” confirms Éric Morin, Partner and Trustee. To learn more, read the article.

 

12 Nov 2015  |  Written by :

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27 Oct 2015
Pierre Fortin
Partner | CPA, CA | Management consulting

MONTRÉAL, October 27, 2015 – During yesterday’s symposium jointly organized with the Conseil du patronat du Québec (CPQ), Johanne Gélinas, Partner in the Management Consulting Group at Raymond Chabot Grant Thornton, presented highlights from a report conducted for the Ministère de l’Énergie et des Ressources naturelles du Québec (MERN).

The report, which was published today (available on our website in French), is the product of several months of analyses and meetings, as part of the government initiative announced on November 18, 2014 on the social acceptability of projects to develop public land and energy and mineral resources.

“We are happy to have contributed to this strategic exercise to support more balanced project development in Quebec. I am particularly pleased with the interest expressed by meeting participants and their willingness to share their experience. Needless to say, times have changed and it is imperative to ask questions and suggest new ways of doing things. I also commend the MERN for having taken on this major project, even if it ultimately concerns the whole of government, as noted by several participants,” stated Gélinas.

The key takeaways from the report include the need, among others, to develop a government-wide vision of social acceptability based on a concerted approach. The analysis also recommends building on information and communication to ensure that any person interested in a project―developers, municipalities or citizens―can get answers to their questions. The report also stated that providing support and better guidance to such actors is also a key social acceptability factor.

“Our firm’s report, prepared in collaboration with Transfert Environment and Society, suggests avenues for discussion. This is an initial exercise in reflection with concrete suggestions that the MERN and civil society will need to hone in the months to come,” concluded Gélinas.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton (www.rcgt.com) has become a leader in the fields of assurance, tax, consulting services, and business recovery & reorganization. Its strength is based on a team of over 2,500 people, 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 people 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 people.

 

 

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

12 Nov 2015  |  Written by :

Pierre Fortin is a partner at Raymond Chabot Grant Thornton. He is your expert in Management...

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