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

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04/22/2016

Confidence, skills, preparation: The NextGens’ expectations of themselves

Confidence is key - read more!

Why 'non-family objectivity' is key

 

We spoke to over 250 next gens, from those starting as trainees in the family firm to those at board level with more than a decade of experience, in our Next Generation Survey of Family Business Leaders. Just under half of the respondents had always planned to work for the family firm, and this figure hasn’t changed since the last survey in 2014. What has changed, however, is how they’re going about it.

The 2014 survey discussed the value of working outside the family firm, both to gain useful experience and bridge the credibility gap. 70% of the next gens we spoke to this year have done this at some point before they joined the family firm. In many cases, their parents encouraged them to do this as part of a structured development plan. In fact, 43% of the respondents who worked for another company before joining the family business did so with this in mind.

 

Learn why ‘non-family objectivity’ is beneficial for your family business in the survey.

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2016-04-22/7a5d2931d0184b5bbfeafb4a0b1a7103.png

03/24/2016

2016 Federal budget

Fed Budget

A new era with a majority Liberal government

On March 22, 2016, the Federal Minister of Finance, Bill Morneau, presented the new majority government’s first budget. This Tax Insights discusses the tax initiatives proposed in the budget.

After the release of Canada’s budget, Finance Minister Morneau commented that the government will not proceed with its plan to limit the favourable tax treatment of stock options.

Here are some highlights from the Federal budget that private companies should be aware of:

  • A review of the Tax System, including "the ability of high net worth individuals using private corporations to inappropriately reduce or defer tax"
  • The small business tax rate remaining at 10.5% after 2016, and the current gross-up factor and dividend tax credit rate applicable to non-eligible dividends staying steady to preserve integrated tax rates
  • Multiplication of the Small Business Deduction
  • International Tax Measures - Base Erosion and Profit Shifting (BEPS) Measures
  • Avoidance of the Business Limit and the Taxable Capital Limit
  • Consultation on Active vs. Investment Business
  • Distributions Involving Life Insurance Proceeds
  • Transfers of Life Insurance Policies
  • Eligible Capital Property (ECP)
  • Proposal to increase the tax rate on personal services business income earned by corporations to 33%

To learn more about the new Federal budget click here

03/08/2016

PwC’s Next Generation Survey 2016: The Female Perspective

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Just in time for International Women's day, PwC examines the views of female next gen family business leaders in The Female Perspective, a special cut of the upcoming Next Generation of family business leaders’ survey1.

We specifically look at the women who participated in the survey—many of whom plan to take over the business one day. What is their experience? What issues do they face? Do they have the support they need to succeed, and if not, what factors are holding them back?

Read more survey findings at: www.pwc.com/nextgen

1 PwC’s Next Generation Survey launches on April 12, 2016.

03/04/2016

Old-style strengths, new-style challenges: A private company view of the 19th Annual Global PwC CEO Survey

Click here to read more!

The business environment has never been more complex, or more volatile, but private companies are very confident about their prospects, with 81% of CEOs forecasting revenue growth in the next year.

Private companies are leveraging the strengths of their special business model to succeed in the 21st century. In other words, using some old-style strengths to succeed in a brave new world.

In our private companies’ edit of PwC's annual Global CEO Survey, Old-style strengths, new-style challenges, we look at the results from the private company sector through the three interrelated perspectives of progress, perceptions, and people.

Highlights include:

  • Progress: Achieving growth in complicated times
  • Perceptions: Addressing greater stakeholder expectations
  • People: Securing the right skills, and fostering innovation

Click here to read our private company view of the 19th annual Global PwC CEO Survey!

02/17/2016

Confident decisions, strategic insights

CEO Office

As leaders within private companies, you have big decisions to make decisions that are critical to the future of your business. And the best business decisions are made by augmenting your experience and intuition with the right information and tools. That’s where business modelling comes in.

Click hereto read more about how business modelling can help your business

 

01/28/2016

Canadian IPO Survey - Q4, 2015 and 2015 Year in Review

2015 Q4 IPO

Canadian IPO Survey - Q4, 2015 and 2015 Year in Review: $3.9 billion 2015 IPO market thrived on diversity

The largest single initial public offering of 2015 more than doubled the value of new equity issued in the final quarter compared to the same period of 2014 and helped push the total value of all new issues to $3.9 billion for the year, the annual PwC survey of Canadian equity markets shows.

The $1.6 billion Hydro One Limited IPO on the TSX in the last quarter of the year dominated both the quarter and the calendar year 2015, the PwC survey reveals. It was the only issue on the TSX in the quarter and dwarfed the $810 million raised in the same quarter of 2014.

Read more findings from the Canadian IPO survey on our Deals blog!

 

01/13/2016

Private Partners

 

PrivatePartners

 

Are you struggling to grow your private company? Find out how small and midsize Canadian private companies are teaming up with private equity firms to achieve business growth.

 

Read the full article here!

12/16/2015

Retail Valuations Q3 2015: What goes up must come down

RetailCaluationQ32015

Does what go up have to come down?

The latest issue of our Retail Valuations Newsletter reveals TEV/EBITDA multiples for the North American retail sector in Q3 2015 once again decreased, from an average multiple of 9.0x last quarter to 8.5x. The TEV/EBITDA multiples for the Canadian retail sector also followed the same trend decreasing to 9.9x from 10.5x last quarter.

Click here to read more!

12/10/2015

Tax Insights: Alert for private corporations – Some tax rates to increase

Tax Insights

 

Do you know how the new tax changes will affect you?

A Notice of Ways and Means Motion (NWMM) released by the Department of Finance on December 7, 2015, includes several tax changes that were not previously mentioned. Find out what the corporate tax rate changes mean for individuals who earn investment income through a holding company.

Click here to read more!

 

 

12/04/2015

Canada’s CFO of the Year Award

Nominate a CFO today!
Know a deserving CFO?

Nominate them for Canada's CFO the Year for 2016

Honouring the men and women who are Canada's leaders, the CFO of the Year™ Award is presented to a senior financial leader who has made a contribution to business in Canada with quality, insight and direction.

Nominate today!