CB Blog

CB Blog

August 16, 2016 by Mike Hayward

How to work outside Canada and pay taxes (or not!)

If you are a Canadian planning to work abroad, you need to find out whether your residency will change, because if it does, it may affect your Canadian tax burden. Will you remain a Canadian resident during the period of your assignment or will you break Canadian residency? When you cease to be a Canadian resident, you normally aren’t subject to Canadian tax anymore. However, if you remain a Canadian resident during your assignment, you still have to file a Canadian tax return and will be subject to taxation on your worldwide income.

June 28, 2016 by Larry Batte, Mike Andrews

How to build your dream (succession planning) team

Preparing a succession plan for your farm is a complex undertaking that requires many types of expertise. It’s imperative that the advisors involved in the process – like an accountant, financial advisor, lawyer, family dynamics advisor and any other required expert – are all collaboratively on the same page, ensuring your plan a success.

May 27, 2016 by Thomas Blonde

Farm businesses! Make the most of government funding

Due to the complexity of government subsidy and funding programs and the many steps involved in applying for them, farmers don’t always take advantage of the opportunities available to them. In some cases, farmers who already rely on one program mistakenly believe that there’s nothing else out there for them. That may not be the case, however.

May 10, 2016 by Rick Kozachenko

Show, don’t tell: effective leaders lead by example

In any business, leaders must find ways to inspire their team to deliver desired results. While telling them what to do might seem easier, it’s far more effective to lead by example. You must exemplify the action and drive you want your team to embrace; in the process proving the strategies you’re employing actually work. Leading by example is about more than good practice though, it is also a chance to illustrate the values your employees need to invest in – such as honesty, integrity, trust and work-life balance – that will have a positive impact on all aspects of their lives. Here are three guidelines to follow when leading by example.

March 9, 2016 by Ed Mitukiewicz

Buying and selling veterinary practices

By Ed Mitukiewicz

Are you planning to sell or purchase a veterinary practice? If you’re not sure what is required of you financially and legally to buy or sell a practice, I suggest putting together an advisory team featuring a lawyer, accountant and banker who can ensure your purchase/sale goes smoothly. And here are a few tips and insights to consider before you even start the process of buying or selling, (based on my years of specializing in supporting veterinary practice sales). 

March 2, 2016

Know when to be a flexible leader

By Richard Schaak

In today’s constantly changing business world, at times effective leaders actually contradict traditional notions of leadership. Some companies find a strategy or approach that works for them and repeat it for as long as possible. However, this static approach isn’t effective in a world undergoing massive technological change on a regular basis. In our new paradigm, efficient leaders realize flexibility is an essential skill.

February 26, 2016 by Grant Galbraith

Want to be a more effective leader? Get organized.

By Grant Galbraith

What’s the first step you take to become a more efficient leader? There are, of course, varied leadership styles, but a key element of mine is trying to set the example for a balanced, organized professional life. For instance, I always spend the first part of my day sorting through emails – I’m happiest when my inbox is as close to empty as I can get it– which reduces distraction, giving me a clear vision of what needs to be achieved for the day. The goal is to spend as little time as possible throughout the day worrying about unresolved tasks and other peripheral concerns, and to model an organized system of productivity to my team.

November 24, 2015 by Todd King

3 tips for filing U.S. taxes under the new IRS procedure

By Todd King

Unlike other countries in the developed world, U.S. citizens residing in Canada are required to file income taxes in both Canada and the United States.

However, both countries have developed tax policies independent of one another. What is taxable in one country may not be taxable in the other and vice versa, resulting in the increased possibility of double tax exposure.

Because of complications like these, some American citizens residing in Canada have failed to remain compliant with U.S. tax regulations. A new IRS procedure is attempting to eliminate, or at least reduce, the penalties for non-compliant expatriates.

October 6, 2015 by Paul Mandel

No small matter: resolving minority shareholder disputes

By Paul Mandel

Are you a minority shareholder in a company? If so, there’s a chance you may eventually find yourself in a dispute with the majority shareholder(s) who has more control. But if you understand your options you can potentially resolve – and even avoid—disputes. Here are four important tips to keep in mind.

September 21, 2015

5 cyber-security “must-dos”: protect yourself online

By Charan Bommireddipalli

A few years ago a man we’ll call “Adam” was working on a complex technical solution for a Fortune 500 company. He hit a wall and needed peer support to resolve the issue. So he posted his question on a public tech forum and within 24 hours had the answer to his problem.

Two days later Adam was fired from his job.

September 17, 2015 by Antoinette Coluni

A little disruption goes a long way

By Antoinette Coluni

Like many in the rapidly evolving financial service industry, my firm has faced a key challenge in the past few years: keeping talent. Why? Not only is there growing competition for talent in our “human economy”, but young professionals are increasingly driven to establish themselves as specialists in their field.