Industry News

Ottawa provides revenue and spending details

The federal government collected nearly $200 billion in taxes and other revenues in the fiscal year ending March 31, 2005, the department of finance said Monday in a detailed breakdown on how those funds were raised, and how they were spent. The $198.4 billion total represents about 15% of Canada’s $1.3 trillion economy. Personal income […]

By Doug Watt |April 24, 2006

2 min read

Last minute tax tips from KPMG

Every year it arrives like clockwork, yet the end-of-April tax filing deadline still manages to catch some Canadians off guard, sending them scrambling to file at the last minute. This year, they’ll get a 24-hour reprieve, but many will still miss out on all the deductions and credits to which they are entitled. Because April […]

By Steven Lamb |April 24, 2006

3 min read

Tories to deliver budget on May 2

Finance Minister Jim Flaherty will table his first federal budget on Tuesday, May 2. The minister confirmed the date on Monday in the House of Commons. “With this budget we will be turning over a new leaf in Canada, building on the vision set out in the speech from the throne,” he said. “We intend […]

By Staff |April 24, 2006

2 min read

Deliver value or get out, study warns

Strategic and selective partnerships to fully exploit a firm’s capabilities will be key. “Successful firms will partner to service their clients as specialists, with some choosing to divest parts of their firms as part of a “capability sway.” Across the industry respondents recognized the potential for growth strategies to be complimentary rather than strictly competitive.” […]

By Kate McCaffery |April 21, 2006

4 min read