Directors must always ensure that the proper source deductions from payroll are withheld and then remitted. Under the Income Tax Act 227.1(1) directors who were in office at the time that
Monthly Archives: September 2009
How Canadian bankruptcy laws recently changed
I’ve noticed that some practitioners hold outdated beliefs about bankrutpcy and insolvency. My first step in trying to change this is to provide details of new rules that came into force September 18, 2009.
First Published Graphs of Regional Ontario Consumer Bankruptcy Statistics
GrossmanCGA published today the first-ever graphs of quarterly regional Ontario consumer bankruptcy and insolvency statistics.
Using data provided by Statistics Canada, these graphs illustrate local trends in consumer bankruptcies, proposals, and total insolvencies. The graphs for each region are available exclusively from GrossmanCGA.
General comments on provincial trends and their import for accountants in public practice were published earlier as Ontario Consumers are in Trouble.
