Category Archive

  We want Winnipeggers to be excited about starting their own business. We’ve talked a lot about how small and medium sized enterprises (SMEs) are the lifeblood of Canada; today, we have the statistics to back it up. In January 2019, the Government of Canada released it’s Key Small Business Statistics. We’re going to pick out some of our favorites … Read More

  You’ve decided you want to start your own business. Congratulations! You’re going to become a part of one of the most important and influential sectors of Canada’s economy; there are niches and sectors that can only realistically be served by small to medium sized businesses, and with the right strategy and growth, you might end up becoming a large … Read More

  The gig economy has radically shifted the way we all do business. Consumers have adopted these technologies rather quickly, running direct-to-consumer Etsy shops, using rideshare services to get around, and renting Airbnbs as a cheap way to explore the world. These changes are occurring rapidly; meanwhile, governments are, by their very nature, slow to modify their behaviour. The legislative … Read More

You’ve probably heard the buzz: in the 21st, we’re transitioning to a gig economy. There are advantages and disadvantage to this new economy; on the one hand, work-life balance is much easier to achieve when you’re working as a freelancer. On the other hand, being your own boss requires a good amount of discipline, and your work probably isn’t providing … Read More

  Audits are a much-maligned, oft-feared, absolutely necessary part of our tax system. They have been vilified to the point that hearing the word “audit” elicits shivers down the spine, audible gasps, and resigned head-shaking. That level of vilification can make it hard to appreciate what exactly an audit is; why they exist, what the process looks like, and what … Read More

The Federal government has decided to take steps in order to combat climate change. The steps they are taking involve creating a pricing system for carbon-emitters, known as the output-based pricing system, and a charge on fossil fuels. The charge on fossil fuels is something the government worried would fall onto the backs of consumers, so for provinces without a … Read More

  The Internet has opened up a whole slew of new avenues for making revenue, from Uber driver to freelance writer to AirBnB host. One of the important changes this creates for those who make money in the gig economy is that it becomes essential to understand what constitutes a business, what doesn’t, and what eligible business expenses can be … Read More

  Do-it-yourself has, for years, been somewhat of a punk aesthetic; bands like Fugazi arranging for tours and merch without middleman labels telling them what to do. With the advent of the Internet, DIY has become much more common; we see DIY home repairs, DIY science experiments, DIY clothing; if you can think of it, you can find a way … Read More

One of the biggest advantages to operating your own business is the ability to claim expenses incurred when you file your taxes. You can do this because the government wants to encourage you to open your own business; the more people who can do this, the more employment opportunities for Canadians of all stripes. The downside to this is you … Read More

I’ve heard people call working from home “the dream”. There are a lot of advantages to it, especially if you make your own hours, but an improper setup can cause a serious loss in productivity. There’s a lot of distractions in the home, from family members to chores you want to do to your home entertainment system; that’s why it’s … Read More