Category: Key Insights

NVS microblog Ontario Budget 2025 header image showing the parliament buildings in Ottawa at night
Key Insights

Ontario Budget 2025: Tax Highlights

In response to economic headwinds (notably U.S. tariffs), Ontario’s 2025 Budget – A Plan to Protect Ontario – focuses on support and stability. While personal and corporate tax rates remain unchanged, the Budget proposes targeted credits and cash flow relief measures for families and businesses. In particular, businesses should closely monitor updates regarding provincial tax payment deferral and the enhancements to the Ontario Made Manufacturing Investment Tax Credit. Check out our Key Insights here.

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Key Insights

Tax Benefits of Structuring Your Startup as a CCPC

Choosing an appropriate structure is one of the first decisions you’ll make on the road to establishing your company. While most new businesses begin as sole proprietorships or partnerships, there are several significant benefits to structuring your startup as a Canadian Controlled Private Corporation (CCPC). From investment tax credits to the Small Business Deduction, click here to learn more about the tax benefits of incorporating your startup.

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ESG Reporting for Canadian SMEs blog header image
Key Insights

ESG Reporting for Canadian SMEs

While large corporations currently dominate the ESG landscape, small and medium-sized enterprises (SMEs) in Canada are playing a growing role. For SMEs, ESG reporting represents an opportunity to align business operations with emerging global standards, improve risk management, and foster stronger relationships with stakeholders. Learn more here.

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Budgeting for growth article header image showing jar of coins with increasing arrow in front
Key Insights

Financial Control: Budgeting for Growth

Budgeting for growth is all about aligning daily operations with long-term business goals. It requires big-picture thinking underpinned by detailed financial metrics. From cash flow forecasting to variance analysis, this quick read guide covers essential topics for anyone looking to scale their business.

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NVS SR&ED Changes 2025 Blog Header Image
Key Insights

Fall Economic Statement – SR&ED Enhancements

The 2024 Fall Economic Statement (FES) introduced several enhancements to the Scientific Research and Experimental Development (SR&ED) tax incentive program. These changes aim to make support for Canadian innovation even more generous and accessible. Over the next six years, the federal government plans to invest a proposed $1.9 billion in the SR&ED program. Check out our Key Insights here.

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Key Insights

Canada Carbon Rebate for Small Businesses

Over the next few weeks, owners of small and medium-sized businesses will be receiving their Canada Carbon Rebate for Small Businesses. Through this rebate, the federal government will return more than $2.5 billion to around 600,000 businesses across Canada. Designed to offset the costs associated with the federal fuel charge, this initiative aims to alleviate financial pressures while still promoting environmental responsibility. Keep reading to learn more about this rebate including eligibility criteria, provincial rates and payment methods.

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