08 Dec 2011

When she reached the summit of Vinson Massif in Antarctica on November 26, 2011, Véronique Denys, Tax Manager in the Québec City office, became the first Quebec woman to have scaled to the top of the highest mountain peak on each of the seven continents.

To celebrate her return, a press conference was held on December 6 at the Québec City office. Several members of the media attended, giving the news fitting visibility.

Once again, congratulations to Véronique Denys, a true source of inspiration for Raymond Chabot Grant Thornton employees and Partners!

To read our official press release, please go to “Press and Publications” on the RCGT.com Web site.

View pictures:

 

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06 Dec 2011

Raymond Chabot Grant Thornton is proud to announce that the Trois-Rivières office has moved to its new location. The move, which took place this fall, underscores the Firm’s expansion since its establishment in the Mauricie region in the summer of 2010. It’s also very good news for the organization as a whole, as it represents not only an excellent opportunity to pursue client development in the area, but is also evidence of the Firm’s growth and an expanding and satisfied clientele. Moreover, new experts joined the team this year.

“Our office in Trois-Rivières today has more than 25 Partners, professionals and employees working in assurance, tax, strategy and financial consulting as well as in recovery and reorganization. More than 10 experts have joined the team in the last year. Our desire to efficiently serve the interests of our clients has resulted in the continuous integration of experienced professionals into our group, supporting our growth and positioning as leaders among various economic and strategic actors in the region,” said François Dupuis, CA, Partner at the Trois-Rivières office.

The boom created by the growth of Raymond Chabot Grant Thornton activities in Mauricie led the Firm to review its location and increase its premises by 40%. Now housed in the Lampron building at the centre of Trois-Rivières’ economic, strategic and social activity, the new office has a much larger and functional workspace, enabling clients and employees to benefit from an environment that reflects our focus on excellence and efficiency.

Raymond Chabot Grant Thornton inaugurated the new office with a cocktail event on November 22, 2011 attended by over 175 clients, business partners and employees.

(From left to right) François Dupuis, Partner (Trois-Rivières), Jean Robillard, President and CEO, Pierre Lapointe, Regional Vice-President, Québec, Chaudière-Appalaches and Mauricie, and Gino Bouchard, Lead Senior Director, Insolvency (Trois-Rivières), celebrating the Firm’s expanding presence in the Mauricie region.

 

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02 Dec 2011

Today, December 2, the Canadian Institute of Chartered Accountants (CICA) released the results of the 2011 Uniform Evaluation (UFE), the uniform examination standard for entrance into the CA profession in Canada.

In order to showcase the success and admirable determination of our 65 UFE candidates who passed this grueling professional exam, we will be running an ad in the December 10 edition of Les Affaires.

Be among the first to see the ad (French only)

Hats off to all, and may you have a most successful career with RCGT!

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01 Dec 2011

Montréal, December 1, 2011 – As part of pre-budget consultations, Raymond Chabot Grant Thornton wishes to remind Canada’s Minister of Finance, the Honourable James Flaherty, of the importance of taking immediate action to make the tax system equitable for intergenerational business transfers.

“In a context where entrepreneurship in this country is declining and where we must constantly search for ways to encourage the next generation to take over the reins of a business, no business owner must be at a tax disadvantage when selling a business. It’s no wonder, then, that today we are again calling for legislative changes,” said Firm President and CEO, Jean Robillard.

Canadian Firm Grant Thornton LLP is also calling for this change. “We are very pleased that Raymond Chabot Grant Thornton is taking a leadership role on this strategic issue. It is also clear to us that Canadian tax policy should further encourage intergenerational entrepreneurship to thrive in Canada,” added Executive Partner and CEO, Phil Noble.
“An owner who sells his company shares to a third party or to foreign interests rather than to a family member’s company, always has a greater tax advantage because he can claim a capital gains exemption of up to $750,000, which is certainly not negligible, especially considering that proceeds from the sale of an enterprise are often used as a retirement nest egg”, noted tax Partner, Jean Gauthier.

To counteract this tax disadvantage, on December 2, 2010, Raymond Chabot Grant Thornton sent a report to the Finance Ministers of Quebec and Canada entitled, Business Transfers: Problems and Suggested Solutions (www.rcgt.com/business-transfers), which sets out 10 solution options.

Solution options that would be easy to apply

“The advantage of the Raymond Chabot Grant Thornton report is that it not only identifies the sources of the problem, it provides relevant solutions to counteract this tax inequity. The solution options were designed to correct the incongruity between the business world’s reality and the current tax system to encourage intergenerational transfers while addressing an economic need,” said the report’s main author, Suzanne Landry, University Partner at Raymond Chabot Grant Thornton and Tax Professor at HEC Montreal.

Results that are a long time coming

Even after calling for legal adjustments during the recent tabling of the Canadian and Quebec budgets and proposing solution options to representatives of the Quebec and Canada Finance Departments in meetings held this fall, Raymond Chabot Grant Thornton has still not been informed whether this problem was on its way to being resolved. “To make local businesses sustainable by encouraging family successors and thereby contributing to our economic growth, these changes are not an option, they’re a necessity,” concluded Jean Robillard.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton is a leader in the fields of assurance, taxation, consulting and recovery and reorganization services. The Firm owes its success to over 2,000 employees, including more than 225 Partners in over 90 offices in Quebec, Eastern Ontario and New Brunswick. The scope of its network makes it a leader in its business segment. For the past 30 years, Raymond Chabot Grant Thornton has been a member of Grant Thornton International Ltd, providing its clients with the expertise of the member and correspondent firms in more than 100 countries.

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For more information:

Francis Letendre
Public Relations Consultant
Raymond Chabot Grant Thornton
Tel.: 514-390-4201
Cell.: 514-554-1685
letendre.francis@rcgt.com
www.rcgt.com