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CPP and OAS September 2026 payments land soon: Amounts, increases and what Ontario recipients need to know

Your next Canada Pension Plan (CPP) and Old Age Security (OAS) payments are scheduled to arrive in Ontario bank accounts on Friday, Sept. 25.OAS maximum payments saw another increase in July that will remain until September, following back-to-back increases this year. Maximum CPP payments already increased in January....Read More

How Accountants Can Manage Cash Flow

As an accountant, cash flow is likely on your mind on a daily basis. However, as you spend so much of your time focused on other people's money, you may neglect to give your own cash flow the attention it requires.Forecasting cash flow is critical to your business. As an accountant, you're likely already doing this for clients, and of course you should be doing the same thing for your own business. Regularly use software to generate reports so you have an idea of what lies ahead...Read More

The Challengers: Ethics, Technology and the Evolving Role of the CFO

The Chief Financial Officer has long been the steward of financial integrity within an organization, the “challenger” who ensure that numbers are accurate, resources are managed prudently, and stakeholders can trust what is reported. Today, CFOs are “challenging” themselves to go beyond what has been their traditional role. There is a growing list of responsibilities beyond finance include data governance, strategy, and environmental, social, and governance reporting. Add to this list the role of helping their organizations navigate the deployment...Read More

Sonny Randhawa Appointed New CEO of the Canadian Public Accountability Board, Succeeding Carol Paradine

As a new era of regulatory transparency approaches, the Canadian Public Accountability Board has appointed a new chief executive officer. Sonny Randhawa, who currently serves as the executive vice president, regulatory operations at the Ontario Securities Commission, will be moving from the OSC to CPAB effective March 2, 2026. “I am honoured to join CPAB and contribute to...Read More

Can interest on U.S. tax arrears be deducted in Canada?

Canadian companies face reassessments abroad, the question quickly arises: can interest paid on overdue foreign taxes be deducted at home? In a recent Tax Court of Canada ("TCC") decision, Bank of Montreal v. The King (2025 TCC 113), the court provided important guidance on this issue. The ruling clarifies how section 9 and subsection 18(1) of the Income Tax Act ("ITA") apply to...Read More

Non-Resident Tax Services is Growing For Small Business in Richmond, BC

Canadian’s are leaving the country in record numbers. With 81,602 Canadians emigrating in 2024, navigating tax compliance from afar has become a core service for accounting firms like Advanced Tax. A non-tax resident of Canada is someone who does not have significant residential ties to Canada and is not considered a resident for tax purposes by the Canada Revenue Agency (CRA)...Read More

French fintech Pennylane doubles valuation to $2.2 billion as Alphabet's venture capital arm takes stake

French accounting software firm Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) in a new 75 million euro funding round. Pennylane told CNBC that it raised the fresh funds from a host of venture funds, co-led by Sequoia Capital, Alphabet’s CapitalG and Meritech. DST Global also partipcated in the round. Founded in 2020, Pennylane sells what it calls an...Read More

Grant Thornton Advisors LLC expands multinational platform — adding UAE, Luxembourg, and Cayman Islands

Grant Thornton Advisors LLC (Grant Thornton Advisors) today announced that it has expanded the multinational platform it created earlier this year with Grant Thornton Ireland by merging in three additional firms, while continuing active discussions with several others. Grant Thornton UAE, Grant Thornton Luxembourg...Read More