09 Jul 2015

Acquiring a business is a demanding process that requires efficient planning. Raymond Chabot Grant Thornton has become a leader in facilitating transfers and thus providing buyers with sound support. In some cases, business transfer transactions must materialize quickly, but planning nonetheless remains important.

Partner Éric Dufour, National Business Transfer Leader at Raymond Chabot Grant Thornton, collaborated on a Les Affaires article relating the story of a young entrepreneur. In this article, the expert mentions the relevance of “creating a bank of consulting hours for young buyers, as is done in Europe. An entrepreneur who wants to prepare his or her succession plan can receive a grant from Emploi-Québec. But nothing exists for individuals who would like to analyze an acquisition. ”

“It is important to be able to equip young entrepreneurs adequately in the business transfer process. “In a context where business creation is more popular among young entrepreneurs than the option of buying an existing business, every means must be sought to ensure the sustainability of our local businesses,” Éric Dufour believes.

To read the article: https://www.lesaffaires.com/dossier/pme–acheter-une-entreprise-cest-cool/lancien-stagiaire-devenu-proprietaire-de-tonus-/579786

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06 Jul 2015

Once again this year, Raymond Chabot Grant Thornton is proud to have participated actively in Défi Entreprises, aimed at promoting physical activity and improving the quality of life and performance of businesses. This three-part event was held in Quebec City (May 31), Trois-Rivières (June 7), and in Montreal (June 14); Raymond Chabot Grant Thornton participated in each event!

More than 160 RCGT employees and associates invested time and effort in order to surpass themselves and to support this cause, whether they participated in the 5 km, 10 km, or the Zumba/yoga challenge. Participants from Raymond Chabot Grant Thornton were incredible team players, and they showed all their passion and energy.

Winner in the Fittest Large Corporation Category

The women and men of team Raymond Chabot Grant Thornton who participated in the Montreal challenge were rewarded for their commitment by winning the title of the fittest business in the “Large Corporation” category. Congratulations!

This kind of commitment by our professionals is a good illustration of our corporate culture and the way we work in the markets and communities we serve. It reflects our CLEARR values, which are embedded throughout our business and set the parameters of how we expect people to behave with their colleagues, clients and the world at large.

Défi Entreprises - Trois-Rivières - RCGT

The Trois-Rivières team was all smiles and had a lot of fun!

Défi Entreprises - Québec - RCGT

Kudos to the Quebec City team for staying motivated and in good spirits despite the cold!

Défi Entreprises - Montréal - RCGT

The Montreal team proudly posing as the winners of the title of the fittest business in the “Large Corporation” category! Congratulations!

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26 Jun 2015

Taxation in Québec 2015Raymond Chabot Grant Thornton is proud to contribute again to the publication of the brochure Taxation in Quebec: Favourable Measures to Foster Investment 2015. Written by the Firm in collaboration with Investissement Québec’s strategic information department, the document is intended for foreign companies considering investing in Quebec. It presents an overview of the principal tax measures that apply to companies operating in Quebec.

Distributed and used by Investissement Québec professionals not only in Quebec, but also in the United States, Europe, Asia–in short, in all of its international offices, this practical tool allows foreign investors to quickly grasp the principal measures that shape the Québec tax environment.

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23 Jun 2015

In an interview on the Argent channel, Trustee Partners and Financial Recovery Advisor Eric Lebel emphasized the consequences of the lack of training and awareness of young people regarding financial planning. The situation is especially alarming in Quebec, where young adults in the 18 to 29 age bracket account for more than 12% of insolvency cases (according to the Office of the Superintendent of Bankruptcy Canada).

According to the expert, one of the factors explaining this situation is that “young people are solicited by banks at a very early age to take a credit card. Many of them have a poor understanding of how this works”. Eric Lebel also mentioned other factors that could lead young people into debt: leaving the family home, financing their education, buying a car, and many other temptations that sometimes are more in the realm of wishes than of needs.

The specialist mentioned the absence of awareness campaigns and the abolition of economics courses in Quebec secondary schools in 2009. According to him, parents obviously have a role to play in this learning, but they are not the only ones responsible: society as a whole must take action to prevent young people from going into debt.