Industry News

Western Financial acquires marine insurance brokerage

Western Financial Group has acquired B.C. Yacht Insurance Brokers. B.C. Yacht was founded in 2006 and specializes in watercraft insurance. It’s headquartered in Sidney, British Columbia, and is Western Financial’s second Vancouver Island purchase of 2012. Read: Insuring the Boat “We’ve developed specialized expertise and underwriting agreements with respect to watercraft and marine insurance,” says […]

By Staff |July 24, 2012

1 min read

Manufacturers confident about business: Survey

The majority of Canadian manufacturers (85%) are optimistic about business over the next two years, finds a survey by KPMG. “Investing in innovation, increasing efficiencies and managing risk are top-of-mind moving forward,” says Laurent Giguère, national industry leader, industrial markets, KPMG in Canada. She adds, “As smaller, niche players operating with a strong dollar, Canadian […]

By Staff |July 24, 2012

1 min read

Residential sale prices climb 17%

The average sale price for residential properties in Ontario rose 17% between 2008 and 2012, says the Municipal Property Assessment Corporation’s first report on residential price trends. “This report is good news for most Ontario homeowners,” says Larry Hummel, MPAC’s Chief Assessor. “The average sale price of residential properties in most communities has increased since […]

By Staff |July 24, 2012

1 min read

Claim the capital gains exemption

The capital gains exemption is one of the most valuable tax incentives provided to shareholders of private corporations in Canada

By Frank Di Pietro |July 24, 2012

3 min read