Global

Business

Free trade or tariffs? How the Biden Administration will affect Canadian, global trade

China the focus of U.S. policy, say Canadian accountants, economists
Thought Leaders

What Joe Biden’s climate plan means for Canada

Professor Robert O'Brien of McMaster University details three economic implications of the Biden climate plan
Thought Leaders

U.S. election results may suggest ethics no longer matter … just like in Canada

Thought leader Ako Ufodike, FCPA, FCGA on the importance of ethics to voters in Canada and the U.S.
Thought Leaders

Ant Group: why America is missing out on the biggest IPO in history

The biggest losers of the fight over Chinese audit transparency will be capital markets and investment funds says Daniel Broby
Thought Leaders

The weak dollar: why it won’t be replaced as global reserve currency

We should not expect a new financial order; the US dollar is soft but not for long
Practice

The CRA's pursuit of real estate data goes south of the border

Lost tax revenue in the real estate sector has been a key issue for the CRA, say David Piccolo and Jessica Bishara of TaxChambers LLP in Toronto.
Profession

Audit keeps failing — here’s why a fundamental change is needed

Recent failures of the auditing profession and Big Four accounting firms proves auditors should be responsible for detecting fraud in financial statements
Practice

Do Swiss banks owe your accounting clients money?

Clock is ticking for investors who held Swiss bank accounts to claim reimbursements of retrocessions deemed illegal
Thought Leaders

Paying for coronavirus will have to be like war debt — spread over generations

There is no magic money tree in economics, says Anton Muscatelli
Profession

Accounting profession publishes views on beneficial ownership transparency

CPA Canada and IFAC joint report on registries as AML tools
Thought Leaders

Governments must resist coronavirus lobbying and focus on long-term transformation

Corporations around the world are seeking another massive bailout by taxpayers
Thought Leaders

Could COVID-19 turn Canadians from debtors into savers?

The final part of our series on the COVID-19 pandemic and economic models
Thought Leaders

What economic model will the post-pandemic economy follow?

Part three of our series on the COVID-19 pandemic and economic models
Practice

IRS may require snowbirds stuck in the US to file tax returns

Snowbirds caught in the US due to COVID-19 may face tax issues, says Gabriel Castillo
Business

How coronavirus is changing the rules on foreign investment in essential areas

The COVID-19 crisis appears to be speeding up the deglobalization process
Thought Leaders

Accounting for COVID-19 economics: Same as the Great Recession?

Part two of our series on the COVID-19 pandemic and economic models
Thought Leaders

It could take two years for the economy to recover from the coronavirus pandemic

Past-pandemic studies suggest current economic outlook, says accounting figure Steven Salterio
Thought Leaders

CRA Audit Activity: The Calm Before The Storm?

Trump's tax cuts and deficit spending will increase CRA's vigorous audit activities
Thought Leaders

Oil crash explained: How are negative oil prices even possible?

On Monday, oil futures’ contracts ended the day at -US$37
Thought Leaders

Is socialism coming back under Covid-19?

Government intervention is unprecedented in the current crisis
Thought Leaders

How to avoid a coronavirus debt crisis?

Issue a new type of government bonds linked to GDP, says Costas Milas
Transfer Pricing

Transfer pricing & APA considerations during an economic disruption

Mark Kirkey of Gowling WLG on transfer pricing in the new economic reality
Thought Leaders

Corporate debt is in serious trouble — here’s what it means if the market collapses

Companies are entering a period of uncertainty at high levels of corporate debt, says Jefferson Frank
Thought Leaders

Pandemic bonds: The financial cure we need for COVID-19?

Some healthy skepticism is warranted when considering the social value of catastrophe bonds
Thought Leaders

Coronavirus: A simple way to keep workers — and the economy — from getting sick

Governments have an economic tool to use against COVID-19: Unemployment Insurance