Red flags that could get your small business a CRA tax audit

Credit to Author: Shalini Dharna| Date: Tue, 13 Jun 2023 21:28:05 +0000

You went into business to offer your product or service; what you didn’t know was that you also went into a partnership with the Canada Revenue Agency (CRA).

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Minimum wage in Canada by province and upcoming changes

Credit to Author: Canadian Immigrant| Date: Thu, 04 May 2023 18:48:52 +0000

Did you know that Canada’s 10 provinces and 3 territories all have their own minimum wage rate? To keep pace with inflation and to make life more affordable, most of these provinces and territories have seen or are seeing wage increases in 2023.

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Balancing personal and business finances as an entrepreneur

Credit to Author: Shalini Dharna| Date: Tue, 21 Mar 2023 15:39:05 +0000

When you are employed, financial life seems so much easier. You know when you’re getting paid, and how much, and everything goes towards your personal expenses. But all this changes when you become an entrepreneur.

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Canada’s just-for-moms small business grant program is now accepting applications for funding and support

Credit to Author: Canadian Immigrant| Date: Wed, 22 Feb 2023 02:08:32 +0000

For a fifth year,  Total Mom Pitch, an award-winning entrepreneurship program, has officially launched across the country and is accepting applications from Canadian moms until March 20, 2023.

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Money smart: Developing financial literacy as a newcomer for future success

Credit to Author: Rita Simonetta| Date: Wed, 01 Feb 2023 09:44:02 +0000

Deciding to make the journey to Canada takes courage, determination and a solid grasp of money management. What kinds of challenges do newcomers face? Where and how can you find those financial literacy resources to thrive?

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Windmill Microlending announces 5.95% fixed interest rate for new loans

Credit to Author: Canadian Immigrant| Date: Fri, 27 Jan 2023 19:36:08 +0000

Windmill Microlending, a Canadian charity offering affordable loans to skilled immigrants and refugees, has announced that all new loans will be capped at a fixed interest rate of 5.95 per cent for the entire loan duration.

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Earn your black belt in money management

Credit to Author: Canadian Immigrant| Date: Wed, 18 Jan 2023 15:13:15 +0000

Imagine you want to get a black belt in a martial arts. You start from the basics — the white belt, and as you get to the black belt level you put together what you have learned. As a life time martial arts student, who is also a financial planner and an immigrant, I have […]

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Canadian entrepreneurs prioritize operational efficiency over growth and debt repayment

Credit to Author: Canadian Immigrant| Date: Wed, 04 Jan 2023 02:41:04 +0000

Most Canadian small and mid-sized enterprises (SMEs) expect an economic downturn in the coming year and are preparing to face challenges, says BDC’s study on the 2023 outlook for Canadian entrepreneurs.

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