Standardized Accounting: Reducing Administrative Burden for Business and Government

The introduction of the standardized accounting initiative by the Canada Revenue Agency (CRA) is intended to simplify tax compliance for businesses by harmonizing accounting, interest, and penalty provisions. It has, however, resulted in a significant increase in the transfer of funds between taxpayer accounts. The result is a significant administrative burden on taxpayers (both large…

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Spring Policy Survey

Send a message to Queen’s Park! The Greater Sudbury Chamber of Commerce, in partnership with the Ontario Chamber Network, is looking for your insight on what matters to business in an election year. The Spring Policy Survey will help inform the Chamber Network on the issues that are most important to the Northern Ontario business…

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