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Industries - Construction

Industries

Construction

As the construction industry continues to evolve, businesses require advisors who understand the nuances of the sector ⁠–⁠ whether involved in civil, commercial or residential projects.

At Baker Tilly Canada, our experts have the experience and insight to help you address market-specific challenges, as well as to identify and take advantage of growth opportunities. Our tailored guidance is designed to meet your unique needs through a diverse range of services.

Enhanced revenue recognition and corporate structure

Appreciating how important revenue recognition is for our construction clients, we employ a variety of methods to outline revenue-earning conditions for your company, including revenue related to construction contracts.

We also advise on which corporate structure would simultaneously best suit your unique needs and be easy to implement.

GST/HST considerations

Because of the importance of transactions in the construction industry, effective GST/HST management is crucial. Without proper guidance, you could set up GST/HST incorrectly, which could lead to severe penalties and tax implications.

Additionally, if you purchase a property and plan to use it for commercial or residential projects, you need reliable experts to help you navigate the GST/HST implications of your deal.

Risk management advisory

Finally, managing risk is essential to any construction business. Whether addressing risk within the context of the market, interest rates, currency or credit, we consider every element that could affect your financial portfolio.

Invest in sustained growth

Sustainable growth requires long‑range planning, but the day‑to‑day details of running a construction business can often take up all your attention and energy.

With our extensive industry experience and knowledge, we’ll help manage the critical financial, strategic and tax requirements your company faces. We’ll also design and implement strategic growth and succession plans, providing you with a blueprint for lasting success.

Contact your Baker Tilly advisor to learn more.

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