The proposed 2009 Ontario provincial budget, released March 26th, 2009, puts forward new tax measures intended to build on the government’s “5 point” economic plan. Understandably there is much controversy about the spending plans, and many Ontarians are expressing concern… Read more »
EI and Bankruptcy Filings Dramatically Increasing
The number of Canadians filing for bankruptcy and unemployment benefits rose significantly in January, according to new numbers released Tuesday by The Office of the Superintendent of Bankruptcy Canada. More than 117,000 Canadians filed for bankruptcy over the period of… Read more »
Chrysler Threatens Shutdown of Canadian Operations
Last week’s threat by Chrysler to close Canadian plants if it doesn’t win big concessions from the CAW is possibly one the most troubling announcements since the beginning of the auto industry meltdown. Tom LaSorda, Chrysler president, said the company… Read more »
SR&ED – Essential To Canadian Manufacturers
The current economic recession has proven to hit even harder than many economists anticipated. An estimated 129,000 Canadians lost their jobs in January alone, of which Statistics Canada reports that Ontario workers lost a staggering 71,000. Alberta, once a thriving,… Read more »
Free SR&ED Seminar – Friday, March 6, 2009
On Friday, March 6th 2009, Northbridge Consultants will be holding another free breakfast seminar, to provide a useful information sessoin on the SR&ED program. The seminar will be held at the Waterloo Inn Conference Hotel. Details can be found at… Read more »
A Look at 2008 Holiday Season Sales
Stores opened even before the crack of dawn, but many Boxing Day shoppers were lining up as early as the night before, some admittedly even forsaking Christmas dinners to be first in line and take advantage of the savings. As… Read more »
“It’s the Economy, Stupid”
With a federal election just around the corner, Canada is experiencing weakest GDP growth in almost 17 years. The deteriorating health of the Canadian economy is reflected in recent polls, in which Canadians now rank the economy ahead of health care… Read more »
Canada Barely Avoids Recession
Canada narrowly avoided a recession in the first half of this year as the economy (GDP, or Gross Domestic Product) edged up by a weaker-than-expected rate of 0.3 per cent in the second quarter, following a revised 0.8 per cent… Read more »
Concerned with economy
This week we are looking at our “Ask an Expert” Mail bag! We have been noticing questions like this one. So here is our response! Gas prices are up and I can’t justify spending more money on developing a new… Read more »