PwC Private Business Exchange

Read more about Exchange ►


Welcome to our PwC Private Business Exchange blog page!  PwC's Private Business Exchange program helps drive long-term success for private companies.

Continue reading " Welcome! " »


Ramp up your digital IQ

6th Annual Digital IQ Survey—Canadian Insights

Nearly every organization lays claim to being a digital enterprise, but our 6th annual spot check on the digital health of organizations around the globe and in Canada revealed that only a minority are truly there.

Organizations with high levels of what we call ‘Digital IQ’ understand, value and weave technology throughout their enterprise and are more than twice as likely to be top-performing companies in revenue growth, profitability and innovation. Our survey analyzes perspectives of both business and IT executives to identify the actions and investments that are integral in high-performing digital enterprises today.

Read now: Digital IQ survey

Click here to read the Digital IQ Survey findings



Embracing the power of the cloud

A fundamental shift is taking place around how to deliver technology solutions to support business.

“What we are currently experiencing is arguably the most important evolution in the last 20 years,” says Philip Grosch, partner and national technology consulting leader for PwC. Thanks to the arrival on the scene of software as a service, infrastructure as a service and platform as a service, the playing field for private companies, at least as it pertains to capability, is becoming level with the big players. “The emergence of these three pieces allows private companies to access functionality and capabilities that historically have only been available to very large, very well-funded organizations,” says Grosch.

Read how cloud computing can impact your business.


PwC Capital Markets Flash Q2 2014

Big deals take centre stage as M&A rebounds in Q2

Deals up in value, volume after slow start to 2014.

After a quiet first quarter, Canadian M&A activity accelerated in Q2. The second quarter saw 748 deals with a total value of $45.8 billion, a 10% increase in value and volume from Q1, and a 20% jump from Q2 2013.

We invite you to read our Q2 Capital Markets Flash to learn more about recent Canadian deal-making activity and our forward looking perspectives. We cover the big deals, cross-border deals and industry sector deal activity, with special features on energy supply wars, covering Russia’s supply deal with China; medical marijuana, a new and rapidly growing industry; food and beverage, which is bulking up in the protein sector; and the trucking industry, which is experiencing an uptick in M&A activity.

Read our Q2 Capital Markets Flash here.


Tax Insights: New IRS relief for US citizens living outside the US

On June 18, 2014, the US Internal Revenue Service (IRS) announced changes to its offshore voluntary compliance programs that are expected to significantly increase the number of US persons that can participate in these programs.

Download: Tax insights

The announcement responds to criticism from US taxpayers and the IRS’s own Taxpayer Advocacy Service. It is good news for US citizens living in Canada who are struggling with how to meet their US filing obligations. The latest changes make it easier for those US citizens who have filed their Canadian tax returns and paid all of their Canadian taxes while living in Canada.

Click here to read the full Tax Insights which discusses the changes in further detail.






Building brand from inside out

Lush Fresh Handmade Cosmetics, a privately-owned, U.K. based company, with its North American headquarters in Vancouver, is all about growth on its own terms, at its own pace, within its own strictly defined values.

Growing globally in markets where ethical values aren't shared or enforced is a challenge for this sustainable and cruelty-free cosmetics manufacturer. Andy McNevin, COO of Lush explains why it is more important for their company to grow slowly while maintaining strong ethical mandates. By staying true to the cultural foundations of the brand with a combined focus on organic front-line sales strategies, the company has a proven formula for year-over-year sales growth, increased customer loyalty and higher employee retention.

Watch the video on our Up front website here.

Continue reading " Building brand from inside out " »


Guide to going public in Canada

Turning a privately owned enterprise into a publicly traded company through an initial public offering (IPO) is a rigorous process. To help you get started, our publication explains the IPO process, provides insights into the hurdles you may face, and tips on how to tackle them.

Click here to download the Guide to going public in Canada

Our IPO Services team brings together professionals with the skills and industry expertise to help you actually “go public.” Our unique IPO Readiness Assessment will help you decide what steps your company needs to take in order to be IPO ready, and we can help you in every step of the process.

Visit us here.


2014 Ontario budget: Higher taxes for higher earners and some corporations

On May 1, 2014, Ontario’s Minister of Finance, Charles Sousa, presented the province’s budget.

In brief, the budget:

  • increases taxes for individuals with taxable incomes over $150,000 and for large Canadian-controlled private corporations (CCPCs)
  • will require employers and employees that do not already participate in a comparable pension plan to each contribute up to about $1,700 annually to the Ontario Retirement Pension Plan (ORPP), starting in 2017

Ontario's July 14, 2014 budget reintroduces the tax measures in its May 1, 2014 budget.

However, a change announced on July 14, 2014, increases the tax rate on aviation fuel to 3.7 cents per litre on September 1, 2014, rather than on royal assent, as had been announced on May 1, 2014.

Click here to read the detailed Tax Insights which discusses these and other tax initiatives proposed.

For an overview of the federal budget and other provincial budgets, please visit:



How to maximize value from your investment in technology

“Investing in new technology doesn’t have to be an all or nothing proposition” says Matthew Kenny, PwC’s Private Company Services Consulting Leader.

In order to thrive in a competitive landscape and grow profitably, strategic investment in technology must be a critical component of a company’s overall business strategy.

Read insights from PwC’s Matthew Kenny and Matt Ambrose on How to maximize value from your investment in technology.

For more information on our Business Insights Survey, visit our website:  



Balancing the personal with the professional

How to bridge the gap in a family business

Most family business leaders say their key advantage over non-family-owned firms is their long-term approach and their focus on building trust and personal relationships. So why is it that only 12% of family businesses make it to the third generation and only 1% make it beyond the fifth generation?

These findings come from PwC’s 2014 Global Next Generation Survey, Bridging the gap: Handing over the family business to the next generation and they reflect a similar reality playing out in Canada. Baby boomer parents and their millennial children don’t always communicate their wants and expectations, leading to misunderstandings that are putting family businesses at risk.

Read the full Canadian perspective of this Global report here



The servant leader

In a unique employee ownership structure, Golder Associates Global President & CEO puts the needs of clients, staff and the communities they serve first.

Golder’s long-held culture of trusting local talent and embracing their priorities aligns nicely with Conlin’s preferred leadership style, what he calls “servant leadership,” putting the needs of employees, clients and communities first.

Read the full story on our Up front website here.


Up front, which is produced in print and digital formats, brings leading executives together to discuss the critical issues impacting the direction of Canadian business. It includes executive interviews, columns written by recognized subject matter experts and case studies of innovative business solutions.