Ontario Budget Commentary 1

Ontario Budget Commentary   April 23, 2015 Introduction   On April 23, 2015 Finance Minister Charles Sousa tabled his third Budget.   The deficit for the 2015-16 fiscal year is projected to be $8.5 billion, which is less than had been forecasted in the 2014 Budget. The deficit is projected to drop to $4.8 billion for 2016-17 and to be eliminated by 2017-18. Unlike the 2014 Budget, the 2015 Budget…

CPA Canada Federal Budget Commentary

CPA Canada Federal Budget Commentary Introduction In order to offer targeted tax reductions for small businesses, seniors, and families with children; to increase spending for the military, public and national security, public transit, and for the Canada Revenue Agency (CRA) to address tax avoidance and evasion; and to eke out a $1.4 billion surplus in 2015–16 and small increases over the following years, the Federal Government will reduce its $3…

Merger Announcement

Mississauga Accounting Firms Merge to Create One of Area’s Largest Regional Practices Hufton Valvano Grover Philipp LLP will offer outstanding client service and broader industry specialization February 9, 2015 (Mississauga, ON) – Three local accounting firms have merged to launch Hufton Valvano Grover Philipp LLP, now one of the largest regional professional services firms in the west GTA area. The new firm was launched on January 1st, 2015 through a…

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