Business Update – 9 March 2023

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Is the end of interest rate hikes finally here? The Bank of Canada is set to meet on Wednesday to discuss interest rate hikes. Some analysts believe that conditions are finally right to pause the seemingly never-ending rises. 5 Canadians who are earning more by working for companies located…  Read more

Business Update – 3 March 2023

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Inflation rate slows for January Statistics Canada said last week that the annual inflation rate eased more than expected in January to 5.9%, which shows that the rate hikes are working and should allow the Bank of Canada to keep them steady at its next meeting. Google blocks news…  Read more

Business Update – 23 February 2023

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. More than 20,000 Canadian Teslas part of recall Tesla is recalling nearly 363,000 vehicles in the U.S. and Canada that run its “full self-driving” system to fix problems with how it behaves around intersections and responds to posted speed limits. Find more information here. Interest rates could rise even…  Read more

Canada Emergency Business Account (CEBA) – Repayment Terms

Updated as of September 2023: Program Repayment Deadlines The forgiveness repayment date has been extended to January 18, 2024 for eligible CEBA loan holders in good standing. More details about loan repayment and forgiveness are provided in the FAQs on the next tab. Loan holders that did not qualify for the new extended term continue to be required to repay the outstanding amount of their CEBA Loan(s), in full, by…  Read more

Finding the right fit: How to choose the right financial planner for you

No matter what your financial goals are, consulting with a financial planner can help just about everybody. Not only will they help you refine your goals, they’ll guide you in creating strategies for your money, and keep you accountable to your plan. They’ll also help you navigate different saving and investment strategies, so you know your money is working for you. They’ll also make sure you have the information you…  Read more

Happy Valentine’s Day!

Our clients are the heart of our company, and we wish all of you a Happy Valentine’s Day. We love what we do because of clients like you. We hope that you enjoy everything that makes you happiest this time of year!  Read more

Thank you!

We want to convey an appreciative thank you for the lovely client gift. It means so much to the entire AoM team to know that we are appreciated by our clients. It is a pleasure working with all of you, and we hope that we can continue to do so for many more years to come!  Read more

Business Update – 26 January 2023

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. The price of oil is rising again China has shown signs that they are ready to buy more oil, which could mean the economy will perform better, and crude oil prices will move back between $90 and $100 a barrel. PM announces investment in quantum computing Justin Trudeau announced…  Read more

Business Update – 19 January 2023

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Canadian consumers and businesses are expecting a recession this year The Bank of Canada released its business outlook and consumer expectations surveys on Monday, and it showed that more businesses than usual expect their sales to decline in the next 12 months. House values fell 12% on average from…  Read more

Business Update – 12 January 2023

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Bell changing donation format for Let’s Talk Day Bell is changing its Let’s Talk Day campaign, promising to donate $10 million regardless of whether anybody texts or tweets the phrase on Jan. 25. Lululemon stock plunges The fall came after Lululemon said it expects gross margins to decline in…  Read more

Still Doing Your Own Payroll? Here’s 3 Reasons Why You Should Stop

At face value, it seems like a great idea. If you’re a small business owner with just a few employees, you probably think that hiring a payroll specialist is an expense that you can avoid. You feel that you can handle it yourself. You have the best intentions to keep your staff paid right and on time. What could go wrong, right? Well, lots actually. Below are the reasons why…  Read more

Thank you & Happy Holidays!

A huge thank you to all of our clients this holiday season! It means so much to us to know that you are thinking of us. We appreciate each and every one of you, and look forward to continuing to work with you in the new year! Please note that our office will be closed for the holidays from the end of day on Friday, December 23, 2022, and will…  Read more

Business Update – 8 December 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. First BrightDrop Zevo 600 electric delivery van rolls off the line A General Motors plant in Ingersoll, Ontario has been converted into an assembly line for electric delivery vans and produced its first vehicle this week. The plant is the first full-scale electric vehicle-making facility in Canada. Food prices…  Read more

Thank you!

Thank you so much to our thoughtful, caring clients. Thinking of us this holiday season means the world to us!  Read more

Happy Holidays from the Accountants on Main team!

Our team wishes you and your family all the very best this holiday season!   Please note that our office will be closed for the holidays from the end of day on Friday, December 23, 2022, and will re-open at 9:00 AM on Monday, January 2, 2023.  Read more

Business Update – 24 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Is the housing correction finally here? Home sales rose 1.3 per cent in October, the first rise since February. Some analysts are wondering if this is the first sign that the Canadian real estate market has finally adjusted to the higher cost of borrowing. How climate change will affect…  Read more

Business Update – 17 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Tiff Macklem warns us to brace ourselves As the Bank of Canada continues to try to fight inflation, governor Tiff Macklem said last week that we should prepare for further interest rate hikes this winter. The hope is that we will achieve just a mild recession. Homeowners choosing to…  Read more

Lest We Forget

This November, Accountants on Main remembers and honors every individual whom has served our country. Lest we forget.  Read more

Weekly Digest – 27 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Sixth consecutive interest rate expected this week The Bank of Canada is expected to raise interest rates once more, making this one of the fastest monetary policy tightening streaks in its history. Experts hope it’s the end of the cycle, but with recession fears still looming, some are unsure.…  Read more

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