From Our Blog

With more and more information being stored in the digital realm, it is crucial that business and individuals adapt to the security risks associated with having data stored online.

As of today, the government has announced changes to several of its assistance programs. The Canadian Emergency Wage Subsidy (CEWS) and the Canadian Emergency Rent Subsidy (CERS) were terminated on October 23rd, 2021, while the Canadian Recovery Hiring Program, as currently structured, concluded effective November 20th, 2021.

CRA created the CRHP to assist employers hire more employees to recover and grow their businesses as the government reopens the economy. This program was introduced as part of Bill C-30 and will be available for application when it receives Royal Assent.

Effective May 15, 2021, we are no longer able to file your Ontario Corporations Information Act Annual Return with Canada Revenue Agency. (These forms provided Service Ontario with changes to the corporations addresses and directors and were required to be filed annually.)

Has Covid-19 impacted your business?  Propel CPA would like to bring to your attention GUARANTEED LOANS: The Government of Canada has mandated BDC to provide a guarantee to your financial institution for 100% of the value of a new term loan, to increase your company’s ability to access new credit.

Have you ever wondered what the difference between a salary and a dividend is?

Cloud computing is quickly moving from an obscure concept to an everyday reality for small businesses all over the world.

While many small business owners prefer brainstorming new ideas to pouring over financial reports, getting a handle on financial analysis can be remarkably empowering.

Most small business owners can’t afford to think small. They always need to keep their mind on growth strategies to help them achieve long-term profitability.

All business owners need to be aware of their break-even point — that is, the number of units they need to sell in order to cover their operating costs.

Small business owners know how important it is to save money. They know that one day that dollar could come in handy, especially during slower times.

A Canadian bank recently surveyed over 500 small business owners about what they love and hate most about owning their own business.