Small business owners today have access to tools that those who ran businesses years ago could only dream about. Fortunately, it appears company owners are taking advantage of technology in order to better run their businesses.
The BMO Annual Business Survey found that roughly 60 percent of businesses are using online tools and resources in order [Read More]
With the price of Canadian houses on the rise, many homeowners may struggle to make a down payment on the homes they are looking at. For example, the average price of a house in Toronto for May 2012 is $516,787, according to Moneyville.ca. At that price, the minimum down payment would be somewhere around $25,000.
Fortunately, [Read More]
A new report indicates small business owners may be paying too much in property taxes in British Columbia. The Canadian Federation of Independent Businesses (CFIB) says small business owners in B.C. pay approximately 2.78 times as much in tax for a property of the same value as a homeowner.
According to the CFIB, property tax for [Read More]
Canadian Finance Minister Jim Flaherty recently announced new rules for the housing market designed to cool off the red-hot cities like Toronto and Vancouver. Prices in these places are skyrocketing and some economists are worried homebuyers are biting off more than they can chew. So how do the new rules work?
The big change has to [Read More]
The life of a small business owner can be very different from that of a regular paid employee. There are many financial factors to consider and manage when running a business, but a recent study finds owners may not be thinking of their own future as much as they should.
A report by Statistics Canada finds [Read More]
Many young Canadians are moving into cities and urban centers, which might explain high real estate prices as of late and why so many are looking into Toronto self storage facilities. Unfortunately, the rural communities these youngsters are abandoning are being hurt by the migration, according to a new study.
A report released by the BMO [Read More]
The Canadian housing market has been red-hot in recent months, especially in places like Toronto. With economic advisors fearful the spending spree could get out of control for Canadian homeowners, new mortgage rules were recently adopted that are expected to curb the market a bit.
Finance Minister Jim Flaherty was worried that homeowners could get in [Read More]
A new survey indicates that a vast majority of Canadian men would love to start their own business, according to BMO Bank of Montreal.
The report finds 82 percent of men would like to own their own company, although what they'd like to do varies, according to Canadian HR Reporter. Popular choices for businesses include food [Read More]
A new report by Ernst & Young shows that while small businesses contribute strongly to a nation's economy, they often have trouble attracting investors.
The Calgary Herald reports the study shows small businesses account for 50 percent of the employment in G20 nations, indicating that these smaller companies are a key factor in any country's economic [Read More]
A recent survey indicates many Canadian small businesses are backing up their financial data, but many are leaving the critical files on-site, where they are not necessarily protected.
The study, by Sage Simply Accounting, found that nearly all small businesses back up critical data. However, many are then storing their files within the building, which essentially [Read More]
