|Ernst & Young grows presence in Western Canada; Saskatchewan´s Hergott Duval Stack LLP to join firm
(Toronto) Ernst & Young has signed a letter of intent that will see Hergott Duval Stack LLP – the largest independent accounting, tax and business advisory firm in the fast-growing province of Saskatchewan – join our firm. The transaction will cement Ernst & Young´s presence in Western Canada and further the firm´s Entrepreneurial Services reach from coast to coast.
“Hergott Duval Stack´s reputation is unparalleled in Saskatchewan, particularly in the private mid-market space,” says Trent Henry, Ernst & Young Chairman and CEO in Canada. “Over the last 30 years, they have redefined the meaning of exceptional client service. We´re delighted to be joining forces to provide comprehensive service for businesses looking to succeed at the heart of one of Canada´s busiest markets, and beyond.”
This transaction comes on the heels of Ernst & Young´s deal with RSM Richter in Toronto and Calgary last December, and its acquisition of OME Group Consultants in August 2011 – both of which underpinned the expansion of the firm´s flourishing Entrepreneurial Services practice.
Given the breadth and depth of Hergott Duval Stack relationships across Saskatchewan´s private mid-market space, Henry is particularly excited about how this deal boosts Ernst & Young´s Western Canada operations and Entrepreneurial Services practice. “Like us, Hergott Duval Stack is committed to working with, supporting and celebrating entrepreneurs. Those common values empower us to up our game in Entrepreneurial Services, and offer private companies the innovative services they need to propel their businesses – and the Canadian economy – forward.”
Harper Government Continues to Strongly Support Canada’s Manufacturing Sector
The Honourable Jim Flaherty, Minister of Finance, today highlighted the Harper Government´s contributions to helping build a strong manufacturing sector and how key elements of Economic Action Plan 2012 will significantly strengthen the ability of Canadian businesses to grow and create high-value jobs.
Speaking at the Waterloo Region Manufacturing Innovation Network´s Manufacturing Summit in Kitchener, Ontario, Minister Flaherty said, “Manufacturing and exporting represent two major drivers of our country´s economy. Our Plan will allow manufacturers in Ontario, and businesses throughout Canada, to compete more effectively and to succeed in markets around the world.”
In Economic Action Plan 2012, the Harper Government has committed to enhance trade and investment relationships in large and fast-growing global markets. This includes strengthening ties with China, Canada´s second-largest trading partner.
The Plan will also consolidate Canada´s trade remedy system into one organization under the Canadian International Trade Tribunal. This will cut red tape and provide a single window for Canadian businesses to take action against unfair tr
ade, while generating cost savings.
Canada Enhances Business and Research Collaboration Opportunities with Brazil
Ottawa,—The Honourable Gary Goodyear, Minister of State for Science and Technology, wrapped up an official visit to Brazil yesterday, where he was part of the official delegation of His Excellency the Right Honourable David Johnston, Governor General of Canada.
During his visit, the Minister of State delivered a keynote address to business leaders, academics and government officials at an innovation forum in São Paulo. In his remarks, he underscored the importance of supporting collaborative research as a means of promoting innovation and economic growth.
“Our respective governments share a common commitment to science and technology as a way of ensuring future prosperity,” said Minister of State Goodyear. “Collaboration between governments, academics and business people is vital to building innovative economies.” The Minister of State welcomed the many bilateral collaborative research partnership arrangements between Brazilian and Canadian universities and research funding organizations that were signed during the mission.
Government of Canada Supports Innovative Technologies to Bring Jobs and Growth to Niagara
Vineland Station, Ontario – The Government of Canada is investing $2.5 million in the Vineland Research and Innovation Centre to support the development of innovative horticultural technologies. The Honourable Rob Nicholson, P.C., Q.C., Member of Parliament for Niagara Falls, Minister of Justice and Attorney General of Canada, on behalf of the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), accompanied by Dean Allison, Member of Parliament for Niagara West-Glanbrook, made the announcement today.
“Our government´s top priority remains creating jobs, growth and long-term prosperity for Canadians,” said Minister Nicholson. “This investment will help Canada´s horticulture industry become more competitive, and open new markets to businesses participating in this project.”
“Our government is proud to support Vineland Research and Innovation Centre in its work to develop innovative technologies that will increase profitability for growers,” said MP Allison. “This investment supports the agricultural sector, and horticulture in particular, which is an important driver of Canada´s economic growth.”
Government of Canada invests to help youth in West Prince County get jobs
Alberton, Prince Edward Island—The Government of Canada announced new funding to support youth in West Prince to help them gain the knowledge they need to enter and succeed in the job market. The announcement was made by the Honourable Gail Shea, Minister of National Revenue and Member of Parliament for Egmont, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development.
“Our government´s top priority is creating jobs and economic growth,” said Minister Shea. “Our government´s Youth Employment Strategy is helping youth develop the skills and gain the experience they need to get jobs now and prepare for the workforce of tomorrow.”
West Prince Ventures is receiving over $30,000 from the Youth Awareness program to help youth explore career entrepreneurship possibilities in their community. Youth Awareness complements the Government of Canada´s Youth Employment Strategy (YES). It provides financial assistance for projects designed to promote youth as the workforce of the future.
With annual funding of more than $300 million, YES helps youth, particularly those facing barriers to employment, obtain career information, develop employment skills, find jobs and stay employed. YES includes the Skills Link and Career Focus programs and the Canada Summer Jobs initiative, which creates thousands of job opportunities for students every summer.