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Challenges Facing Canadian Businesses in 2019

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The end of 2018 brought mixed news to Canada’s economy, as some business sectors reported better than expected growth while others are facing a slowdown. Complicating the situation were many controversies involving the Canada, US and China. Canada’s arrest of Huawei CFO Meng Wanzhou brought to a head several underlying…

Reports Slam Canada’s Tax System

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Chartered Professional Accountants of Canada (CPA Canada) has long criticized and called for an in depth review of the Canadian tax system to ensure competitiveness and fairness.  In their new report, Canada’s Tax System: What’s so Wrong and Why it Matters, CPA Canada criticized the current Canadian tax system for being ‘outdated and overly…

Some 270,000 Canadian Veterans Shortchanged Over Disability Pension

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The federal government has discovered a massive accounting blunder that has deprived more than 270,000 veterans of their disability payments. Veterans Affairs Canada has claimed that the CA $165 million shortchange is due to a miscalculation. After the Veterans Ombudsman’s office uncovered the massive shortfall, Veterans Affairs Minister Seamus O’Regan…

New Beginnings for Canada’s Growing Economy

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With rising economic uncertainty around Brexit, increased sparring over trade between the US and China, and much concern about the fate of a NAFTA-less world, Canada recently had the opportunity to appreciate a genuinely satisfying moment: the sound of an important piece clicking into place. The recently devised USMCA (United…