The Accounting Standards Board (AcSB) recently reviewed several accounting rules that apply to private businesses in Canada that require a financial statement review or audit. Their goal is simple: make accounting requirements easier without reducing the usefulness of financial information for lenders, owners, and investors. The...

November 4, 2025   The Minister of Finance, François-Philippe Champagne, delivered the 2025 Budget (the “Budget”) this afternoon. Highlights of the tax measures announced in the Budget are summarized below.   Business Income Tax Immediate Expensing of CCA on Eligible M&P Buildings Buildings and additions/renovations to buildings that are used 90%...

The Importance of the T3010 Return The T3010 Charity Information Return is a mandatory filing requirement for all registered charities in Canada. Its purpose is to promote transparency with the public, donors, and the Canada Revenue Agency (CRA) by providing details about a charity’s operations, finances,...

On June 5th, the Surrey Board of Trade’s (SBOT) annual Fun in the Sun Networking Golf Tournament took place, and we were proud to return as sponsors for yet another year. Our involvement in the tournament has become a tradition, and this time was no...

On May 14th, our team gathered for our Annual Professional Development Day, held at the Cascades Casino Delta Conference Centre. The day kicked off bright and early with a coffee and pastry spread, the perfect way to fuel up for the exciting sessions ahead. Learning About...