Thought Leaders

Thought Leaders

GAAR Clips Westminster’s Wings

Vern Krishna, whose work was cited in the Deans Knight decision by the Supreme Court of Canada, explains the history of the Westminster principle and GAAR
Thought Leaders

Alberta: Why we need to rewrite the script on corporate taxes

Corporate tax cuts did not save jobs in Alberta and wealthy people do not choose where to live based on taxes, says economics professor Junaid B. Jahangir
Thought Leaders

Will Danielle Smith veer back to the right and towards Alberta separatism?

The taxation and economic issues to watch for in the coming months from a newly elected majority government in Alberta, according to Robert L. (Bob) Ascah
Thought Leaders

Deans Knight: The return of the GAAR

The Supreme Court of Canada's decision in Deans Knight is a breath of fresh air and strikes a more appropriate balance, says Allan Lanthier
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Taxing the wealthy to the hilt would make us all much better off

Western University professor Tom Malleson presents five reasons for levying high taxes on the very rich, from the environment to (reduced) social friction
Thought Leaders

US banking failures: the role of big auditors in another financial crisis

A state auditor would be better than accounting firms at policing systemically important institutions such as banks
Thought Leaders

The Revenue Rule In Tax Law

Vern Krishna of TaxChambers LLP on the history of international tax and trade law
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How Canadian accountants will benefit from ChatGPT

Why over 13 million users ask ChatGPT for answers daily. Randy Lasnick of Plooto explains how ChatGPT will shape the future of accounting automation
Thought Leaders

Alberta election: Is the province’s energy regulator acting in the public interest?

Canadian accounting firms like Grant Thornton and PwC Canada have had trouble in Alberta with environmental liabilities when acting as receivers
Thought Leaders

To mandate or not to mandate? Why hybrid work should be favoured, not feared

Pamela Steer, president and CEO of Chartered Professional Accountants of Canada, on why CPA Canada has adopted a hybrid work environment
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OSFI’s new guidelines: A step toward making banks and insurers more conscious of their climate impacts

New sustainability reporting standards will help determine who will pay for environmental cleanup costs when oilsands producers go bankrupt
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Why is it so difficult to handle whistleblower reports?

Accounting and ethics professors explain the agency theory behind effective whistleblower systems to avoid cases like LuxLeaks at PricewaterhouseCoopers
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The Foix decision:  The long and uncertain reach of subsection 84(2)

The broader interpretation by the Federal Court of Appeal in a tax case involving a complex hybrid sale was a breath of fresh air says Allan Lanthier
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Black people bring unique perspectives to the accounting profession. Here’s how you can be an ally and why it’s important to do

Latisha Carter of Xero on bridging the opportunity gap for the Black community within accounting and other financial professions
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Quasi-criminal proceedings: OSC raises stakes and grapples with results

Doug McLeod and Daniel Szirmak of Blakes on CannTrust Holdings and the Ontario Securities Commission's difficulty obtaining quasi-criminal convictions
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Few of South Africa’s chartered accountants are black: hearing their stories suggests what to fix

In recognition of Black History Month, this article from South Africa provides insight into systemic barriers to the accounting profession for black accountants
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How large corporations make huge profits from hidden markups at the expense of consumers

Compound markups are inflating the costs of products at every point in the Canadian supply chain due to monopolistic practices says economics professor
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How a proposed app called TaxTrack could make taxes more democratic

Participatory budgeting is a direct opportunity for public involvement in how taxpayer dollars are spent and can revive trust in governments
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Gender diversity on corporate boards can improve organizational performance

Female board members are more likely to challenge ideas and opinions in a way the men were not, say Canadian accounting professors
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How hiring more women IT experts improves cybersecurity risk management

Two Canadian accounting professors on the role of gender in mitigating cyber risk
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Despite soaring profits, oil companies are not paying enough for their environmental damage

Oilsands producers are spending their windfall on buybacks and debt reduction rather than reinvestment, with implications for Alberta economy, taxation
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How Canada’s new credit card surcharge will affect consumers and businesses

Surcharges or cash discounts could be the solution to hidden interchange fees
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An open letter from David Marquis, VP and Canada Country Manager, Intuit

Today is International Accounting Day — an opportunity for all of us to pause, reflect and celebrate the work and investment you put into your clients
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To clean up Hockey Canada, financial transparency is a must

Transparency in financial disclosure is a crucial part of ethical, responsible governance, say Canadian accounting professors
Thought Leaders

An ethical workplace culture can prevent corporate fraud by aiding whistleblowers

Four Canadian accounting professors say corporate codes of conduct can offset the failures of audit committees in helping to prevent fraud