Northern Ontario-based, our four offices and 90-plus staff members provide tax, accounting and business advisory services to more than 2,000 small and midsized owner-managed businesses, municipalities, hospitals, caisses populaires, credit unions, publicly funded educational and financial institutions, not-for-profits and private-sector clients in manufacturing, logging and forest products, construction, retail, professional services and recreation.
Timmins, ON – Baker Tilly SNT is pleased to announce Mark Weiman – a veteran of the firm’s Sudbury office since 1992 and a partner since 2007 – is now bringing his expertise to the Timmins office, where he will serve as partner alongside Jessica Beaulieu‑Levasseur.
Yorkton, SK – Building on its strong provincial roots in Saskatoon and Yorkton, Baker Tilly is further expanding in Saskatchewan with a new office in Emerald Park.
Many farmers across Canada can expect to benefit from a change in the small business deduction (SBD) rules. In fact, you may have already noticed your corporate tax bill has gone down this year. This is because the change came into effect starting with corporate year‑ends ending
Cyber criminals are constantly developing new techniques to compromise the security of unsuspecting businesses. The threat spectrum is always changing due to emerging technology and the expansion of cloud services, automation, artificial intelligence and machine learning. Against the backdrop of this evolving threat landscape, the risk paradigm for our public and private sector clients has evolved. What follows is an overview of the four most common cybersecurity threats and concerns we currently warn clients about.
Curious about how HST could impact your next property deal? Join this episode of From the Source with Frankie and Sarah as they dive deep into the complexities of HST in real estate with fellow tax specialist, Cathie Brogan.
Windsor, ON – Baker Tilly Canada Capital Corporation is pleased to announce a strategic partnership between All-Risks Insurance Brokers Limited (All-Risks) and StoneRidge Insurance Brokers (SIB). Baker Tilly Canada Capital served as exclusive financial advisor to All-Risks and its shareholders.
Iqaluit, NU – Baker Tilly, one of the country’s largest associations of chartered professional accounting firms, is further broadening its national presence by expanding into Northern Canada.
The tax implications of expenses and capital assets are quite different, so it’s important farm businesses understand these implications before making a significant investment in new assets or renovations. Unfortunately, the difference is not always clear. When a farm business spends money on a project that is deemed a repair, this can be deducted in the current tax year as an expense. However, if money is spent on a capital improvement, that gets added to the cost of the asset, which is then depreciated over time. In other words, rather than get the full benefit of the deduction in the year the investment is made, businesses see this benefit gradually, over a number of years, depending on the class of the asset and the depreciation rate. That is the fundamental difference between expenses and capital expenditures.
Toronto, ON – Baker Tilly Toronto proudly announces a five-year partnership with SickKids Foundation that will contribute funding and employee engagement opportunities in support of The Hospital for Sick Children (SickKids), Canada’s most research-intensive medical facility and the country’s largest centre dedicated to improving children's health.
Taxpayers and advisors have been anxiously awaiting an update since April 16, when the Federal Budget dropped arguably the most significant (and controversial) change to tax policy in over 20 years.
On Aug. 12, the Department of Finance released its summer package of draft legislation and technical amendments. This proposed legislation includes substantially all outstanding measures from Budget 2024 and other previously announced amendments.
In August 2023, the Department of Finance released its draft of the Digital Services Tax Act (DSTA) with the intent to introduce legislation aiming to tax certain large domestic (and foreign) businesses on their Canadian digital services revenue.
Vancouver, BC – Baker Tilly WM proudly announces a five-year partnership with BC Children’s Hospital Foundation (BCCHF) that will contribute funding and provide dedicated volunteer hours each year to the hospital, the only one in British Columbia and the Yukon devoted exclusively to the care of children and youth.
Vancouver, B.C. – Baker Tilly Canada Capital is pleased to announce the sale of Jacob Bros Construction (Jacob Bros) to Bird Construction Inc. (TSX: BDT) (Bird). Baker Tilly Capital was the exclusive financial advisor to Jacob Bros and its shareholders.
