The Mid-Year Financial Review Every BC Business Should Run in 2023
Half the year is gone. The budget you built last December — drafted before the Bank of Canada's pause, before...
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Notes on finance, governance and growth from the partners at RN Canada.
BC Minimum Wage Jumps to $16.75 on June 1, 2023: Rebuilding Your Payroll Budget
On June 1, 2023, British Columbia's general minimum wage rises from $15.65 to $16.75 per hour — a 6.9% increas...
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The Bank of Canada Has Paused at 4.5%: How BC Businesses Should Plan Now
After one of the steepest tightening cycles in a generation — from near-zero in early 2022 to 4.5% in barely t...
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New Trust Reporting Rules Are Coming: What BC Business Owners Need to Know
If your corporate structure includes a family trust, a holding trust, or even an informal arrangement where on...
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Corporate Tax Season 2023: A T2 Filing Checklist for BC Companies
What separates a clean corporate tax season from an expensive one? Usually not the headline tax rate, but the...
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Cash Flow Management for BC Businesses When Interest Rates Are at 4.25%
When credit was nearly free, sloppy cash management was forgivable; at the top of a rate cycle, it is expensiv...
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Building Your 2023 Business Budget for Higher Interest Rates and Softer Demand
Will your 2023 budget survive contact with the economy you are actually about to operate in? As December 2022...
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2022 Year-End Tax Planning for BC Corporations in a High-Inflation Year
With a calendar year-end approaching, every British Columbia corporation has a narrow window to make decisions...
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Your Loan Costs Are Climbing: Debt Restructuring Options for BC Businesses in a High-Rate Market
If you signed your loans when money was nearly free, your debt is no longer the debt you agreed to. Through 20...
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Beating the Labour Shortage: Retention and Total-Compensation Strategies for BC Employers
How much does it actually cost you when a good employee walks out the door? In the tight British Columbia labo...
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Managing Inventory and Supply-Chain Costs When Prices and Rates Are Both Rising
What does a pallet of stock actually cost you to hold for a year? In the summer of 2022, that question is no l...
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Inflation Hit 8.1%: How BC Businesses Can Protect Margins Without Losing Customers
Canada's inflation rate reached 8.1% year over year in June 2022 — the fastest pace since 1983 — and the press...
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