In a week where many take vacation, take stock or slow down, we wanted to fuel your reading with a variety of topics. Let us know what reasonates with you & happy reading!
The Bank of Canada has raised its benchmark interest rate an unprecedented seven times to slow runaway inflation. But Governor Tiff Macklem says the risk of letting inflation burn out of control is more significant than trying to rein it in.
Statistics Canada says Canadian households now owe $1.83 for every dollar of disposable income. Additionally, mortgage debt rose 2.07 trillion dollars, and other forms of debt rose $722.6 billion in the third quarter.
Get some ideas to avoid breaking the bank during the holidays, as inflation affects prices for gifts, food, and just about everything you need for the holidays.
After stumbling across Fresh Tracks Canada’s 2.1 rating on Glassdoor, CEO Sushant Trivedi raised that to a 4.6 by treating it as a symptom of deeper issues that needed to be tackled head-on.
Chartered Professional Accountants Canada has created a round-up of some significant tax developments that took place in the second half of the year. It can be found here.
Economists have welcomed Beijing’s quick dismantling of zero-Covid controls. However, there is growing concern about the toll isolation and frequent harsh lockdowns will have on the country’s economy and people.
Researchers at the US Department of Energy have reportedly ignited 2.5 MJ of fuel, releasing a massive burst of energy. It’s considered a breakthrough in nuclear fusion technology and could lead to revolutionary developments in the clean energy space.
The World Trade Organization has found that US tariffs on steel and aluminium imports imposed by Trump in 2018 violated global trade rules. Washington stated that they stand by the tariffs.
It again costs money to have a blue tick and even more if you’re using Twitter on an Apple device. Some users also have a message that appears if the tick is pressed, saying the account is a “legacy verified account” and “may or may not be notable”.
Schedule a call today with one of our team members to discuss your accounting or tax needs – For More Details, Click Here.
This blog is not meant to provide specific advice or opinions regarding the topic(s) discussed above. Should you have a question about your specific situation, please discuss it with your GBA advisor.
GBA LLP is a full-service accounting firm in the Greater Toronto Area, but we primarily service all of Ontario as well as the rest of Canada virtually, except Quebec. Our team of over 30, provides Audits and Reviews of financial statements, and Compilations of financial information, as well as corporate tax returns. We provide specialized corporate tax and succession planning for small and medium businesses, in addition to general advisory services.
If you would like to schedule a call to discuss your accounting or tax needs with one of our team members, please complete the free no obligation meeting request on this page.