How To Improve Your Profit

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Do you want to grow your business’s revenue and profit as well as your personal wealth? If so, you will benefit from ONSight Advisory’s Improve Your Profit service to help you identify changes you can implement to maximize the financial health of your business. Improve Your Profit with ONSight Advisory This service is right for […]

The Top 3 Things You Need to Know from the 2022 Federal Budget in Canada

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Summary of the 2022 Federal Budget Canada released the 2022 federal budget on April 7, 2022. As in past years, the focus of this year’s budget is on building a stronger, more resilient economy leading to long-term fiscal sustainability, and to reduce the federal debt-to-GDP ratio to pre-pandemic levels. The 2022 federal budget also aims […]

Edmonton Economic Action Plan Grant

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The Economic Action Plan Grant by the City of Edmonton is meant to help create a more resilient, diverse, and equitable local economy through matching reimbursement grants of up to $25,000 for projects and programs that support the outcomes of the Economic Action Plan. The Economic Action Plan aims to create jobs, attract investment, and […]

Supply Chain Relief Financing

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BDC is now offering Supply Chain Relief Financing of between $100K-$500K for businesses affected by supply chain issues. This funding helps cover operational cash flow needs related to supply chain disruptions. Features of this funding include: Up to 12 months for principal payment postponement No penalty for repaying your loan early   Financing can be […]

How To Effectively Grow Your Business

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Like many other business owners, do you have a goal for the growth of your business, but aren’t sure how to achieve and sustain it? To achieve growth effectively, strategic decision making must be implemented based on accurate historical data and forecasting. Resources to Support Business Growth In order to ensure that business growth is […]

RRSPs vs. TFSAs | How Should You Invest Your Money?

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What Are RRSPs Registered Retirement Savings Plans (RRSPs) are retirement savings plans that are registered with the Canada Revenue Agency and that you and/or your spouse or common-law partner can contribute to. When you contribute money to your RRSP, that money can grow over time through investments. Contribution room is based on 18% of your […]

Post-Pandemic Family Budgeting | Preparing for a Return to Pre-Pandemic Rhythms

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For many people who were able to maintain steady income throughout the duration of the ongoing pandemic, there have been many cost saving opportunities with restrictions and lockdowns interfering with our regular activities and transactions. With fewer outings, classes, courses, commutes, etc., many of us were able to increase our savings. As restrictions have been […]

CRA My Account Update | Email Notifications

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As of February 7, 2022, individuals using Canada Revenue Agency’s (CRA) My Account system will need to have an email address on file. This will help protect users against fraudulent activity as you will be notified via email when important changes are made to your account and personal information. These changes include: Your address Your […]

2022 Canadian and Albertan Tax Brackets and Rates

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What Are Tax Brackets? The Canada Revenue Agency administers federal income taxes through a marginal tax rate system. A different tax rate is applicable to each level of income, and these levels are called tax brackets. Tax brackets are structured so that low-income Canadians pay a lower percentage in taxes than high-income Canadians. This system […]

What to Look for in an Accounting Firm for Your Business

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When researching and selecting an accounting firm for your business, you should consider a firm that does more than preparing your year-end financial statements and tax returns to ensure compliance with the Canada Revenue Agency. The Right Accounting Firm for Your Business The right firm can provide so much more value to you, and the […]