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Succession and estate planning Private sector consulting
Intergenerational business transfers
Among its wide‑ranging tax measures and initiatives, Budget 2023 provides long‑awaited clarity on the issue of intergenerational transfers.
Sean Grant-Young Nov 7, 2024
Publications-Intergenerational business transfers
Tax advisory Succession and estate planning
Concerned about the capital gains inclusion rate?
Many farmers are concerned about the increase in the capital gains inclusion rate from the 2024 federal budget. However, no draft legislation has been released yet.
Thomas Blonde May 29, 2024
Green farm land with varying grass lengths creating an interesting organic pattern.
Alert Audit and accounting Indirect tax Succession and estate planning
Tax issues at home: Farmhouses
Tax compliance for a farm should be straightforward when it comes to the family home, but tax issues related to farmhouses are common. Let’s explore some of the key concerns.
Bud Arnold Dec 1, 2023
Green farm land with varying grass lengths creating an interesting organic pattern.
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Business advisory services Audit and accounting Tax advisory Succession and estate planning
Farm business structure: proprietor, partnership or corporation?
One of the most common questions we get from our farm clients is how their business should be structured.
Thomas Blonde Oct 26, 2023
Green farm land with varying grass lengths creating an interesting organic pattern.
Alert Business advisory services Succession and estate planning
Handle with care – Understanding how employee ownership trusts work
Budget 2023 proposes introducing "employee ownership trusts" (EOTs) to promote employee ownership and facilitate transitions of privately owned businesses. Effective January 1, 2024.
Jun 19, 2023
Dark stormy waters with a big whitecap.
Business advisory services Private enterprise Succession and estate planning Farming and agriculture
Intergenerational farm rollovers
Family business succession planning involves many components, including family dynamics, leadership training, financial planning, management transition, legal agreements and ⁠–⁠ you guessed it ⁠–⁠ taxes.
Bud Arnold Jan 20, 2023
Green farm land with varying grass lengths creating an interesting organic pattern.
Alert Business advisory services Succession and estate planning Farming and agriculture
Rights or things: Farm inventory on a cash basis
When a farmer operating a proprietorship under the cash method passes away, executors must understand the tax treatment options for the farm inventory. This alert highlights often-overlooked tax planning strategies.
Dec 20, 2022
Green farm land with varying grass lengths creating an interesting organic pattern.
Succession and estate planning
Is it Time to Start my Succession Plan?
Is it time to create a succession plan? A recent survey by the Canadian Federation of Independent Business (“CFIB”) reported that 42% of small business owners now expect to retire later than planned because of COVID-19.  This has significant implications for Canada’s economy, aging entrepreneurs and their families.  
David Laycraft Dec 21, 2021
Publications-Is it Time to Start my Succession Plan?
Audit and accounting Private enterprise Indirect tax Succession and estate planning
Intergenerational transfers with less strings attached (a limited time offer)
Many family-owned businesses have faced higher tax burdens when transitioning their business within their family.
Jul 20, 2021
Dark stormy waters with a big whitecap.
Restructuring and recovery services Succession and estate planning
How to attract and retain talent in the new labour market
As society advances through the pandemic, 2021 could see the highest number of people (re)entering the workforce and changing jobs in recorded history.
Jun 22, 2021
People Solutions Alert
Transaction services Private enterprise International Succession and estate planning
A hot housing market and a change in use equals tax with no cash. But there is a solution.
Most Canadians know that selling their home normally will not result in income tax thanks to the principal residence exemption (PRE). Unfortunately, people tend to extend this "knowledge" into a feeling that they need <em>never</em> worry about tax when dealing with their principal residence.
Eric Gagnon Jun 7, 2021
Dark stormy waters with a big whitecap.
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