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The Latest at Baker Tilly Yorkton

  • Baker Tilly

    Baker Tilly SK appoints Darcy Spilchen to CEO

    Yorkton, SK – Baker Tilly SK is pleased to announce Darcy Spilchen has been appointed to the position of CEO, as his predecessor Rick Kozachenko transitions into retirement. This changeover has been carefully implemented to maximize continuity and minimize disruption.

    Baker Tilly

    ON Economic and Fiscal Update

    On March 25, 2020, the Ontario government delivered the province’s economic and fiscal update.  The update also indicates the province intends to deliver a multi-year Ontario budget no later than November 15, 2020.

  • Baker Tilly

    BT WM announces new lead of Digital Technology & Risk Group

    Toronto, ON – Baker Tilly WM is excited to welcome new partner Deepak Upadhyaya as leader of the firm’s Digital Technology & Risk Group. A respected people coach, leader and mentor, Upadhyaya brings to this role more than 25 years of progressive experience leading risk and consulting teams at various professional services firms. His specialized expertise in technology and risk management will serve him well in his new role.

    Baker Tilly

    Canada Emergency Wage Subsidy (CEWS) announced

    April 9, 2020 update: the federal government has announced changes to the Canada Emergency Wage Subsidy (CEWS). The details of these updates can be found here.

    In a press conference today, Minister Morneau announced details of the new Canada Emergency Wage Subsidy (CEWS). The announcement by Minister Morneau, followed by details from Department of Finance, provides some important information about this new wage subsidy program.

    Baker Tilly

    Additional measures from the CRA

    The Canada Revenue Agency (CRA) has announced additional measures on March 26, 2020 in regard to the extension of tax reporting deadlines. These measures are in addition to the income tax filing and payment deadline extensions previously announced as part of the fiscal measures taken in response to COVID-19.

  • Baker Tilly

    Temporary wage subsidy for employers

    Updated as of April 1, 2020:  The federal government’s relief measures have been evolving over the last couple of weeks as the government tries to get a grasp on the significant economic fall-out from the self-isolation and quarantine of many Canadian citizens.

    Baker Tilly

    Deadline for QST returns and payments postponed

    In response to the economic impact of the COVID-19 pandemic, the Québec government has postponed the deadline for filing QST returns and making the attendant payments. This will apply to filings and payments due between March 27 and June 1, 2020, with June 30, 2020 serving as the new deadline. For reporting periods with filing deadlines that fall after June 1, 2020, the filing and payment deadlines stipulated in the tax legislation will still apply.

    Baker Tilly

    Supporting investment in zero-emission vehicles

    The 2019 federal budget introduced two new capital cost allowance classes (class 54 and class 55) providing an accelerated write-off of 100 per cent of the purchase price for new zero-emission vehicles purchased on or after March 19, 2019, and made available for use before 2024. This accelerated write-off is to be phased out between 2024 and 2028, and the write-off of zero-emission passenger vehicles is capped at $55,000 per vehicle.