MNP Press Highlights RSS Feed

Don’t Let Uncle Sam’s Taxman Nail You

Thu, 10 Jan 2013 00:00:00 GMT

Take these steps to avoid pricey tax consequences.

Fair Value and Buy/Sell Shareholder Agreements

Fri, 04 Jan 2013 00:00:00 GMT

Richard Wise profiled in Le Monde Juridique.

Plan Now To Avoid Poverty

Fri, 04 Jan 2013 00:00:00 GMT

Business owners typically have up to 80% of their net worth tied up in their companies. What happens if you can't sell?

3 tips for creating your own board of experts

Fri, 04 Jan 2013 00:00:00 GMT

An advisory board links business owners to knowledge and fresh perspectives that can make for stronger business decisions.

Overview of common EMD regulatory filing deficiencies

Fri, 04 Jan 2013 00:00:00 GMT

EMDs are required to comply with regulatory capital requirements, books and records requirements and monthly and year-end reporting and audit requirements. The focus of this article is to outline common filing deficiencies so that we can learn and avoid recurrences in future filings.

Specialized know-how crucial to long term success

Mon, 17 Dec 2012 00:00:00 GMT

Sustaining a family enterprise over multiple generations isn’t easy, but for leading Canadian business families and the communities they serve, the benefits can be worth the effort.

Daryl Ritchie: Accounting firm’s growth no overnight sensation

Sun, 25 Nov 2012 00:00:00 GMT

MNP LLP, Canada’s seventh largest accounting and consulting firm, began life in 1945 as a tiny practice in Brandon, Man. Now based in Calgary, it has 70 offices and almost 3,000 employees from British Columbia to Quebec and an annual growth rate of 14 per cent.

Comments on the 2013-14 Quebec Budget

Wed, 21 Nov 2012 00:00:00 GMT

MNP tax partner Sean Sprackett comments on Quebec Tax budget.

Make time to plan your exit, or risk settling for less

Wed, 24 Oct 2012 00:00:00 GMT

There are many reasons entrepreneurs find themselves having to sell sooner rather than later, including personal circumstances or the sudden announcement that a partner wants to liquidate. Unfortunately, this can mean having to settle for less than you anticipated, and perhaps less than you need for future plans.

Trends & Targets: Anticipating What's Ahead

Fri, 12 Oct 2012 00:00:00 GMT

Ingredients for making informed decisions in the food and beverage industry.

Ready for a Recall?

Wed, 03 Oct 2012 00:00:00 GMT

Fill the gaps in your product safety plan. Protect your business with an integrated, risk-based framework that maintains productivity and customer confidence.

Richard Wise: CTI Conversations with the Masters

Thu, 06 Sep 2012 00:00:00 GMT

Richard Wise sits down with the Consultants' Training Institute to reflect on his exciting and fulfilling career.

Why the Future of Canada's Farms May Be At Risk

Wed, 22 Aug 2012 00:00:00 GMT

Changing economic circumstances in agriculture means that more thought needs to go into the process of transferring the family farm. But without a proper transition plan, producers could put the future of Canadian farms in jeopardy.

Canadian Securities Regulator Targets Continuous Disclosure Deficiencies

Fri, 10 Aug 2012 00:00:00 GMT

Publicly listed companies in Canada should improve the quality of continuous disclosures in their financial statements, the Canadian Securities Administrators (CSA) have said. In a recent staff notice, the CSA published the findings of its continuous disclosure review program for the fiscal year ended March 31, 2012.

Embrace the Wobble: When Planning Strategy, Get a Grip on the Risks

Tue, 10 Jul 2012 00:00:00 GMT

Glenn Fraser and Ian Smith discuss how embracing risk and uncertainty can better prepare you in the strategic planning of your agri-food business.

Ontario Securities Commission to Review Exempt Market Regime After Calls for Expansion

Mon, 02 Jul 2012 00:00:00 GMT

The Ontario Securities Commission has launched a review of its prospectus-exempt distribution framework, following industry calls to open the exempt market to more investors. The review will look for inspiration to this year's U.S. JOBS Act legislation on small-business capital raising, the commission said.

Help Clients Avoid Tax Surprises

Tue, 15 May 2012 00:00:00 GMT

When wealthy clients discover their final tax liabilities for 2011, some may no doubt be surprised to find they owe Alternative Minimum Tax (AMT).

EMDs have been IFRS’d!

Tue, 01 May 2012 00:00:00 GMT

For many EMDS, the IFRS conversion process means taking another look back at their 2010 and 2009 results to see if results need to be restated to conform to IFRS.

Selling Your Food & Ag Processing Company? Make it Your Business to Have a Sharp Competitive Edge

Tue, 17 Apr 2012 00:00:00 GMT

Plan ahead with a solid exit strategy that maximizes value and your return.

Selling into the US? Be Aware of America’s Taxing State of Mind

Mon, 02 Apr 2012 00:00:00 GMT

The owner of a Canadian processing plant who had been exporting pork products to the US for nearly a decade, was taken aback when, for the first time, he received letters from three different state tax departments inquiring about the company’s business activities in those states.

Tax Consequences for Canadians Who Own U.S. Real Estate

Tue, 27 Mar 2012 00:00:00 GMT

This article focuses on the U.S. tax consequences of ownership by a non-resident, non-citizen of the U.S. Different rules must be considered if either you or your spouse is a U.S. citizen or resident.

Is Buying a Franchise Right for You?

Wed, 14 Mar 2012 00:00:00 GMT

If you want to run your own business, the franchise route offers a number of benefits, including brand recognition, training and support. But it’s not a guarantee of success, and it’s not a good fit for everyone.

IFRS Disclosure Expectations-EMDs should heed recent OSC advice!

Wed, 07 Mar 2012 00:00:00 GMT

February 28, 2012 the OSC’s Office of the Chief Accountant released OSC Staff Notice 52-720, Financial Reporting Bulletin highlighting areas of interest that the OSC has observed from their review of IFRS adoption experiences by issuers in 2011.

MNP and CANDO's Program for Aboriginal Communities Across Canada

Mon, 13 Feb 2012 00:00:00 GMT

NationTalk's Nick Ashawasega sat down with Ken Fraser of MNP LLP.

Ready for a Product Recall? Develop a Plan that Protects Everyone

Fri, 10 Feb 2012 00:00:00 GMT

Glenn Fraser, CA, MBA, and Cliff Trollope, CBCP, CRM, CAS, talk about making risk management a top priority, that includes a food recall strategy.

Fraud in dental offices is both common and costly. Is your client at risk?

Fri, 03 Feb 2012 00:00:00 GMT

Instances of fraud and misconduct can happen in any industry or business sector, so long as there is an opportunity. When fraud strikes, the consequences are very real and the financial and professional damages can be severe.

The Journey to Board Effectiveness

Fri, 13 Jan 2012 00:00:00 GMT

Exploring best practices in board-member competencies and evaluation.

Tips For Going Into Tax Season

Tue, 15 Nov 2011 00:00:00 GMT

For many agricultural producers, it’s time to park the combine and start thinking about filing their taxes. The good news is that farmers have some special tools that can help them pay fewer taxes. Scott Dickson, MNP's Director of Livestock Services offers these tips.

Financial Barometer – Leading indicators of financial performance

Tue, 25 Oct 2011 00:00:00 GMT

How often have you gone into your accountant’s office at the end of the year wanting to know how your business did? As an accountant, providing you with an “official” score sheet for your company’s performance is just a small part of what we can do and isn’t the best or only approach to determining financial performance.

How Much Buying Power Do You Have?

Tue, 25 Oct 2011 00:00:00 GMT

Although the strengthened dollar has given us increased buying power for products and equipment. The question is: “How much buying power do you really have?”

Buying U.S. Properties

Tue, 11 Oct 2011 00:00:00 GMT

Buying U.S. property may not be quite the investment it once was.

Valuing Intangible Assets

Thu, 29 Sep 2011 00:00:00 GMT

The key to growing business value.

The Power–and Value–of Your Brand

Thu, 28 Jul 2011 00:00:00 GMT

How a business valuator measures its financial value.

Business Valuation 101

Wed, 18 May 2011 00:00:00 GMT

Steven Hacker, CA, CBV and Amanda Salvatori, CA, CBV of MNP LLP discuss what goodwill is worth.

Using Business Money for Personal Use? Prepare to Pay

Tue, 17 May 2011 00:00:00 GMT

Stella Gasparro, a Taxation Services Partner with Meyers Norris Penny LLP in Markham discusses how to avoid the consequences of using company money to finance home renovations.

Protecting Your Dental Practice from Fraud

Thu, 31 Mar 2011 00:00:00 GMT

As a professional and small business owner, you can’t afford the time, money, or reputational damage fraud will involve. So the best strategy is to try and avoid it altogether. But how should you go about doing so?

Canadian Bankruptcies Are Dropping

Mon, 21 Mar 2011 00:00:00 GMT

Lana Gilbertson, CIRP, a Trustee with Meyers Norris Penny Limited, talks with News1130 Radio about the declining rate of bankruptcy filings in Canada.

Canadian bankruptcy filings fall as economy improves

Fri, 18 Mar 2011 00:00:00 GMT

Marvin Zweig, CA, CIRP, Trustee in Bankruptcy with Meyers Norris Penny Limited, said he is not yet convinced there has been a broad turnaround in insolvencies in Canada. He said a flood of new companies have emerged offering to help consumers informally restructure their debts.

Uncle Sam Wants You (and he means it this time)

Thu, 10 Mar 2011 00:00:00 GMT

Kevyn Nightingale, CA, CPA, of MNP's International Tax team discusses the new voluntary disclosure initiative put forward by the IRS.

A Beginner's Guide to U.S. Property Ownership

Fri, 04 Mar 2011 00:00:00 GMT

Kathy Bonazew, a Specialty Tax Manager with MNP provides insight to the Edmonton Journal on what Canadians who own U.S. property should be aware of.

Forming a Peer Advisory Group

Fri, 25 Feb 2011 00:00:00 GMT

Grant Griffith discusses the benefits for producers working within peer advisory groups and provides some guidelines for success. Through the guidance and advice of an advisory group, producers can help each other to establish more efficient and sophisticated business operations.

Whistle Blower Discussion with Greg Draper

Fri, 03 Dec 2010 00:00:00 GMT

Discussion with Greg Draper, MNP Investigate and Forensic Services, about Wikileaks and the need for establishing an ethics hotline for employees. Listen to the full interview >>

Mortgage Fraud Discussion with Greg Draper

Thu, 12 Aug 2010 00:00:00 GMT

Discussion with Greg Draper, MNP Investigate and Forensic Services, about the massive mortgage fraud, one that has cost eight banks $12 million, and it's left more than a dozen people with a huge debt they can't afford.

City Ripe for Real Estate Fraud

Fri, 06 Aug 2010 00:00:00 GMT

Greg Draper discusses how Calgary and Alberta have been prime grounds for mortgage fraud.

Piikani Child Care Centre Opens

Tue, 01 Jun 2010 00:00:00 GMT

With assistance from MNP, the Nation was able to move the project forward and completed on time with a reduction of $1.3M from the initial expected cost.

How will the HST affect my contracts?

Tue, 01 Jun 2010 00:00:00 GMT

Heather Weber, CGA, explains how the new Harmonized Sales Tax (HST) will have an impact on every industry that provides contract services in Ontario and B.C., including trades people.

Enjoying Your Golden Years

Tue, 09 Mar 2010 00:00:00 GMT

How succession planning leads to a successful retirement by saving you thousands of dollars.

Professional Corporations and the Capital Gains Exemption

Tue, 03 Nov 2009 00:00:00 GMT

With proper advance planning, you can shelter your gains when selling shares of your practice.

Calgary Ponzi Scheme Goes to Trial

Wed, 28 Oct 2009 00:00:00 GMT

Greg Draper from Meyers Norris Penny discusses the current Ponzi scheme case going to trial in Calgary. Greg explains that this could be a long and complicated case.

The University of Regina First in Canada to Guarantee Student Success

Wed, 30 Sep 2009 00:00:00 GMT

Meyers Norris Penny is proud to announce our support of the University or Regina, that has made a bold promise to their student body.

Assembly of First Nations Meets in Calgary to Elect A New Leader

Tue, 21 Jul 2009 00:00:00 GMT

MNP's Clayton Norris talks about the Assembly of First Nations election for a new leader.

Tim Horton's Wants to Take Advantage of Lower Canadian Tax Rates

Thu, 02 Jul 2009 00:00:00 GMT

How often do we hear of successful U.S.-based companies pulling up stakes and moving to Canada? Doug Ng from Meyers Norris Penny explains the tax benefits.

Santa's Secret Service and Meyers Norris Penny bring cheer to seniors all year

Tue, 02 Jun 2009 00:00:00 GMT

They're known for bringing cheer to Calgary seniors at Christmas time, but now Santa's Secret Service wants to spread happiness all year.

Alberta's Auditor-General has exposed a large scale fraud at Calgary's Bow Valley College

Tue, 21 Apr 2009 00:00:00 GMT

Greg Draper, Investigative & Forensic Services from Meyers Norris Penny comments on fraud at Bow Valley College.

Westerners Still See New Opportunity

Wed, 01 Apr 2009 00:00:00 GMT

Despite the economic turbulence rumbling across the country, two Western Canadian-based firms are confident they have the right stuff to weather the storm.

Gala Supports Cancer Research

Sun, 29 Mar 2009 00:00:00 GMT

Meyers Norris Penny presents Parents' Quest for the Cure Ice Gala in support of Kids Cancer Care Foundation of Alberta

Ron Meyers: A leader who loved to laugh

Mon, 02 Mar 2009 00:00:00 GMT

Canada’s newest national accounting firm is celebrating – and grieving. The founding partner of Meyers Norris Penny LLP, Ron Meyers, has died. His legacy lives on.

MNP Expands Ontario Presence

Thu, 19 Feb 2009 00:00:00 GMT

Meyers Norris Penny, the 7th largest accounting and business advisory firm in Canada, has merged in Shiner Kideckel Zweig Inc., an insolvency specialist with eight offices in Ontario.

Top Employers Make Staff a Priority; Redeployment to Replace Layoffs in 2009

Sat, 10 Jan 2009 00:00:00 GMT

As many as one-third of North American employers plan to reduce their workforces in 2009.

From high-tech factories to resorts and golf courses, the first nations of Canada are creating jobs and building financial partnerships

Fri, 12 Dec 2008 00:00:00 GMT

Millbrook First Nation first dipped its toe into business waters in 1995 with a single service station, Treaty Gas.

Safety in Numbers

Thu, 11 Dec 2008 12:21:11 GMT

With its recent foray into Ontario, Calgary-based Meyers Norris Penny is challenging the big four accounting firms for a national presence.

Largest Chartered Accounting Firms in Alberta

Fri, 22 Aug 2008 00:00:00 GMT

Ranked by the number of chartered accountants operating in the province.

2008 Saskatchewan Work and Family Balance Award

Thu, 01 May 2008 00:00:00 GMT

The 2008 Saskatchewan Work and Family Balance Awards were presented on May 8th, 2008 at a gala celebration in Regina.

MNP wins the national Employer of Choice Marketing Award (ECMA) for Best Overall Advertising Campaign.

Tue, 01 Apr 2008 00:00:00 GMT

MNP recognized for outstanding employment marketing through the effective use of an integrated, multi-media advertising campaign.

Effects of the climate change plan on Alberta’s oil & gas sector.

Thu, 26 Apr 2007 00:00:00 GMT

MNP’s Michelle O’Brien-Moran discusses the cumulative effects of federal and provincial tax initiatives, including the climate change plan, on Alberta’s oil and gas sector.

MNP’s Michelle O’Brien-Moran recounts Alberta budget highlights.

Fri, 20 Apr 2007 00:00:00 GMT

According to Michelle, Alberta’s $33billion record spending budget is playing catch-up to the exponential economic and population growth.

MNP looks ahead as growth in the West powers prosperity

Sun, 01 Apr 2007 00:00:00 GMT

MNP has been named one of Canada's Top 10 accounting firms. When asked what the future looks like for Western Canada's accounting giant, CEO Daryl Ritchie has only one word: "Great."

Glen Thompson explains federal budget tax relief for families

Thu, 22 Mar 2007 00:00:00 GMT

MNP’s Glen Thompson provides insight and analysis of the Federal Budget 2007 on Global TV Edmonton’s morning news.

Meyers Norris Penny’s Loren Kroeker, reacts to a ho-hum budget.

Tue, 20 Mar 2007 00:00:00 GMT

It’s business as usual according to MNP’s Loren Kroeker, VP Taxation Services, in reaction to a federal budget with no real surprises, except for the lack of capital gains’ reform.

Succession planning: What you didn't know you need to do

Mon, 23 Oct 2006 00:00:00 GMT

Tips on succession planning for nonprofit organizations, including advice from Daryl Johnson, MNP's practice director, Compensation & Human Resources Consulting Services.

Creating a biodiesel business plan

Sun, 01 Oct 2006 00:00:00 GMT

MNP's Gil Assie comments on key factors to consider when developing your biodiesel business plan.