08 Sep 2015
Marc Bergeron
Vice-President, Partner | CPA, CA, CIRP | Recovery and reorganization

“To get out of trouble, it is important to be aware that you have problems. This isn’t easy. (…) Other people often realize this before we do.” Marc Bergeron.

According to the data of the Office of the Superintendent of Bankruptcy, 1,690 Quebec companies went bankrupt in 2014. This is more than half (54.2%) of the number of commercial bankruptcies observed in Canada. Should we be worried?

An alarming situation? Marc Bergeron’s expert opinion

For Marc Bergeron, Partner and Vice-President, Recovery & Reorganization at Raymond Chabot Grant Thornton, a guest on the Argent channel on August 12, this situation is less alarming than one might think. The expert points out that the number of business bankruptcies is relatively stable over the past few years.

Marc Bergeron also mentions several factors that could explain the importance of the proportion of Quebec bankruptcies relative to total commercial bankruptcies in Canada. “We have a lot of SMEs in our economic fabric, we have a lot of entrepreneurship, and these may be among the factors contributing to this situation, especially when we know that some startups don’t make it through the first seven years.”

Having some difficult periods doesn’t mean you won’t succeed, the expert explains. He gives examples of several business personalities who had financial difficulties, Donald Trump, Pierre Péladeau, Luc Maurice and Alexandre Taillefer.

The warning signs of a business in trouble

To maximize your chances of success, it is essential to recognize the warning signs of a business in trouble. Marc Bergeron lists several warning signs, such as repeated deficits, liquidity problems or postponing payment of taxes. Find more information on factors that may lead to financial problems for your company at RaymondChabot.com.

“To get out of trouble, it is important to be aware that you have problems. This isn’t easy. (…) Other people often realize this before we do,” Marc Bergeron explains. This is why the expert recommends that every entrepreneur work with a “mini board of directors”, which will have the critical distance to recognize alarming signs soon enough and thus prevent critical situations.

The sooner you act, the more you will be able to implement a viable solution to set your activities back on course to profitability. If you are concerned about your company’s financial health, you could start by evaluating its condition with the tools available on RaymondChabot.com.

 

08 Sep 2015  |  Written by :

Marc Bergeron is Vice-President in Recovery and Reorganization at Raymond Chabot Grant Thornton....

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02 Sep 2015
Marc Bergeron
Vice-President, Partner | CPA, CA, CIRP | Recovery and reorganization

Granby, September 2, 2015 – Raymond Chabot Grant Thornton increases the number of professionals in its Granby office with the arrival of experts from the Robitaille & Bigras CGA firm. It is through a common desire to offer a service increasingly adapted to the region’s organizations and dynamic managers that the two firms have joined forces.

From now on, the dozen professionals from Robitaille & Bigras CGA, including Messrs Jacques Robitaille and Benoit Bigras, will occupy the Raymond Chabot Grant Thornton’s premises located at 35 Dufferin Street in Granby. “We are proud to welcome our new colleagues. Together, with a talented team of about fifty professionals, we are improving our service offer to support more effectively our wealth creators”, said the partner in charge of the Raymond Chabot Grant Thornton Granby office, Marc Legendre.

“Joining Raymond Chabot Grant Thornton was the perfect choice to support our growing customer base. By making our clients benefit from the range of services provided by the firm, we will contribute more to their success, and we are delighted with that”, concluded Jacques Robitaille.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton 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]

08 Sep 2015  |  Written by :

Marc Bergeron is Vice-President in Recovery and Reorganization at Raymond Chabot Grant Thornton....

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28 Aug 2015
Marc Bergeron
Vice-President, Partner | CPA, CA, CIRP | Recovery and reorganization

On August 20, Raymond Chabot Grant Thornton employees and partners in Beauce held their first ever community involvement day.

Over 50 people devoted part of their workday performing various tasks to lend a hand to Saint-Éphrem’s recreational area committee. This initiative helped provide an ideal location for children and citizens to relax and enjoy leisure activities.

Raymond Chabot Grant Thornton Active in the Beauce Community

A concrete commitment, a lasting impression

“This is a concrete way for the Firm to contribute to residents’ quality of life and leave a lasting impression. We are already looking forward to next year for another day of community involvement!” stated Steeve Vachon, Partner and event’s organizing committee chair.

“Thanks to Raymond Chabot Grant Thornton and our valued partners, Saint-Éphrem’s citizens now have access to a recreation area that is sheltered from the sun and bad weather, as well as pleasant settings for partaking in leisure activities. I believe it’s important for companies to show support for their communities in this way,” stated Danielle Breton, head of Saint-Éphrem’s recreational area committee.

Community Involvement

This special project was born from a desire shared by partners at Beauce’s six offices to get involved in community projects. Their aim was to contribute to a cause by participating in a special project that would directly impact the Beauce community and serve as a mobilizing and rewarding event for Raymond Chabot Grant Thornton members. Thank you to all the organizations that submitted a project and to all the Beauce employees and partners for their exemplary involvement in line with the Firm’s CLEARR values.

In the News

On Beauce.com (August 21, 2015) – Raymond Chabot Grant Thornton s’implique dans la communauté beauceronne

L’Éclaireur Progrès (August 21, 2015) – Raymond Chabot tient une journée d’engagement communautaire

08 Sep 2015  |  Written by :

Marc Bergeron is Vice-President in Recovery and Reorganization at Raymond Chabot Grant Thornton....

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22 Aug 2015
Marc Bergeron
Vice-President, Partner | CPA, CA, CIRP | Recovery and reorganization

Defi Bergeron-Lebel | RCGT

Marc Bergeron, Judith Barry et Éric Lebel

Marc Bergeron, Judith Barry et Éric Lebel

BROMONT, August 22, 2015 – The first edition of the Petit Défi Bergeron-Lebel was an unqualified success, raising over $30,000 to help Breakfast Club of Canada in its mission to provide a full breakfast for children. The cycling team exceeded its initial $25,000 objective set only six weeks ago. The bike tour organized by the Raymond Chabot Grant Thornton team saw over 40 cyclists travel almost 60 km on a round trip between Bromont and Sutton.

The Petit Défi Bergeron-Lebel is part of Raymond Chabot Grant Thornton’s fundraising campaign to support Breakfast Club of Canada. The firm’s employees have opted to undertake a number of challenges and organize numerous initiatives to support the Club and help children realize their full potential in an environment in which they can thrive.

“We feel very strongly about this cause. Today’s children are tomorrow’s leaders and we’re proud to be able to support their development and well-being,” explained Marc Bergeron, Partner, and Recovery and Reorganization Vice-President, who initiated the activity. Éric Lebel, Recovery and Reorganization Partner, and the first one to take up the challenge, added “We’re very fortunate. That’s why it’s important to pool our strengths to help our community, by lending a hand to those who have a more difficult start in life. All of the participants and contributors to this challenge did so with enthusiasm. I salute them.”

Judith Barry, Director, National Programs for Breakfast Club of Canada and organization co-founder, who was on hand for the festivities at the start of the event, warmly thanked the forty or so people in attendance. “Every action counts and the children we encounter need everyone’s support. Thanks to your involvement, you are providing nourishment for both the body and dreams of thousands of children.”

The organizing committee would like to thank all those who contributed to the event’s success, including the towns of Bromont and Sutton, the Bromont and Sutton IGAs, as well as the specialty boutique ubac ski-vélo. For more information on the firm’s various initiatives, go to the Raymond Chabot Grant Thornton funding campaign microsite “Raymond the Champion’s Outstanding Growth”.

Raymond Chabot Grant Thornton’s Petit Défi Bergeron-Lebel

About Breakfast Club of Canada

For 20 years, Breakfast Club of Canada has been nourishing children’s potential by making sure as many of them as possible have access to a healthy morning meal before school, in an environment that allows their self-esteem to grow and flourish. But the Club is much more than a breakfast program: we take a broader approach that promotes the core values of engagement, enrichment and empowerment, and we team up with communities and local partners to develop solutions adapted to their specific needs. Operating from coast to coast, the Breakfast Club of Canada helps feed 150,000 students every day in 1,328 schools.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton 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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pdfLa Voix de l’Est (24 août 2015) – “Près de 31 000 $ pour le Club des petits déjeuners”

Source and information:

Kim Guiraud
Communications Consultant and Event Organizer
Raymond Chabot Grant Thornton
Tel.: +1 514-878-2692, extension 5740
[email protected]

Sarah Ouannou
Public Relations Coordinator
Raymond Chabot Grant Thornton
Tel. +1 514-686-2417
[email protected]

Véronique Côté
Advisor, Communications and Marketing Development
Breakfast Club of Canada
Tel. 1 450-641-7841
[email protected]

08 Sep 2015  |  Written by :

Marc Bergeron is Vice-President in Recovery and Reorganization at Raymond Chabot Grant Thornton....

See the profile