January 03, 2018
All Parties at the Table | SICA CCO Workshop
The SICA CCO Workshop is designed to bring industry partners together to discuss everyday topics that effect everyone. It’s an opportunity to network, gain a better understanding of challenges faced by other parties, and to better understand the impact decisions have on others.
December 20, 2017
TAX ALERT – Government Simplifies Measures to Rein in Income Sprinkling
On December 13, the federal government released legislation to simplify restrictions on income sprinkling, proposed to go into effect January 1, 2018. These revisions indicate they’ve listened to feedback during the consultation period, by providing more certainty to taxpayers through the introduction of “bright-line” tests to automatically exclude some family members, and allow income sprinkling for those members who make sufficient contributions to the business.
December 13, 2017
Member Spotlight: Ok Excavating
Adaptability, initiative, and customer service are the keys to longevity for a local commercial and residential excavation business in Kelowna. OK Excavating is celebrating 50 years of business in 2017 and, in those years, has undergone many evolutions.
December 06, 2017
Employee Benefits are Your Secret Weapon when Life Gets Tough!
As a Client Services Associate with BCCA Employee Benefits, my job revolves around helping companies and their employees with their benefits. I know how important my work is, but when I started new jobs in the past, I often wondered whether the premiums were worth it. I am young and healthy, so is it worth the cost? I learned the true value of having employee benefits when, in a moment frozen in my mind, I heard the dreaded “c” word – cancer.
November 29, 2017
Construction and Cyber Risk: An Overview
A hazard such as a fire has protocols and procedures that are designed to mitigate risks – inspections, suppression systems, and risk management practices. Cyber protection of a business should also employ a rigorous process to develop both a risk prevention and incident response plan. Most cyber insurance applications serve as a catalyst in moving towards this process.
November 22, 2017
The Devil is in the Details: A Cautionary Tale about Filing Builders Liens
The Builders Lien Act (the “Act”) requires strict compliance with the prescribed manner, form, and time limits set out in the Act. Failure to comply with any of these requirements will be fatal to the lien claim.
November 15, 2017
Could Tax Issues Throw Your Business Off Track?
To stay on track, real estate and construction companies should develop a better understanding of where tax issues are likely to complicate or disrupt their business — and develop a plan to mitigate those risks well in advance.