Profit Brings Risk for Condominium Corporations

Canada Revenue Agency also scrutinizes industry and professional associations Monday, July 7, 2014 By Barbara Carss Profit motives present risk for condominium corporations, industry and professional associations. Earlier this year, the 2014 federal budget announced a public consultation on the tax framework for non-profit organizations (NPOs), which follows the Canada Revenue Agency’s (CRA) recently completed three-year review of compliance with theIncome Tax Act in the broadly defined sector. After scrutinizing 1,330 filers — deemed a statistically representative sample of the approximately 30,000 organizations that submit tax returns claiming an exemption — the CRA concluded a “significant portion” were offside with the…

St. Pat’s may face demolition 

Halifax council to look at staff’s call for old school to come down, property to be sold BRETT BUNDALE CITY HALL REPORTER bbundale@herald.ca @CH_bbundale The old St. Patrick’s High School could soon meet its fate at the end of a wrecking ball. Halifax regional council is expected on Tuesday to take the first step to demolish the former Halifax high school and put the property, at the corner of Quin­pool Road and Windsor Street, up for sale. A city staff report released Friday recommends council de­clare the vacant property surplus to municipal needs and demolish the building at a cost of $3.5…

Social awareness helps bottom line 

Agency: Firms can boost profit by improving ethical profile CAROL MOREIRA cmoreira@herald.ca @entrevestor Carol Moreira is a principal of www.Entrevestor.com, a news and data site for Atlantic Canadian star tups. ENTREVESTOR There’s a common misconception that you have to be naive or ideal­istic to create a socially respons­ible business. In fact, establishing social cre­dentials makes s ound business sense, believes Kristy O’Leary, co-founder and lead impact strategist at Halifax communica­tions agency Scout & Burrow . “Lots of people think that be­cause you want to create social change you’re some kind of flake,” O’Leary said as she sat in the May Street office that still…

Managing Rodent Populations

Managing- Rodent Populations Written for IPOANS Members by:  Target Pest Control – Target Pest Control is an IPOANS Supplier Member With rodent populations on the rise in the Halifax Region, it is important to ensure that you, as property owners or managers take the proper steps to keep them at bay.  Rats eat and contaminate food, damage structures and property, and can transmit parasites and diseases and live and thrive in a wide variety of conditions within and around buildings.  People don’t often see rats, but the signs of their presence are easy to detect.   It’s important to know which…