Mastering Money

Small Business Series – E03 – Mental and Emotional Toil for Small Business Owners

It is not always about the numbers. Mental wellness during a crisis is more important than ever. How can small business owners manage their own stress?

Join our expert Rebecca Shields from the Canadian Mental Health Association (CMHA) for York and South Simcoe as she walks us through understanding the stigma around mental health; the early warnings signs; why it is important for small business owners to have effective strategies to handle their mental health and strategies to assist with effective care and management.

This episode is part of our podcast focusing on helping Ontario small businesses get through the pandemic. This series is made possible by the generous support of the Government of Ontario.

For resources and more information, visit, the Centre for Addiction and Mental Health (CMHA Canada)  

If you are experiencing a mental health or addictions related crisis please:

• Contact your doctor
• Go to the nearest hospital
• Find resources at ConnexOntario
• Call 911 or Telehealth Ontario at 1-866-797-0000

Host: Garth Sheriff, CPA, CA, Sheriff Consulting

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The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.

Small Business Series – E02 – Re-evaluating my business model

With the economic stress brought on by uncertainty, businesses need to re-evaluate their models in a changing world.  Businesses that once thrived, are now not sure if this can be sustained. As a business owner, what questions do I need to be asking? What early indications will I have about the health of my business moving forward? 

Join our expert Jamie Smith, CPA, CA from Amplify Advisors and Bearhill as she walks us through her thinking in how a business can re-evaluate their business models in times of uncertainty.

This episode is part of our podcast focusing on helping Ontario small businesses get through the pandemic. This series is made possible by the generous support of the Government of Ontario.

Host: Garth Sheriff, CPA, CA, Sheriff Consulting

Download transcript

The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.

 

Small Business Series - E01 - Making Tough Decisions - Restructuring Your Business

With the economic stress brought on by the uncertainty, businesses need to change to survive. How do I know when I should restructure my business? What questions do I need to consider? How do I communicate tough decisions to my employees and stakeholders? What other questions should I consider? Join our expert Eitan Dehtiar, CPA, CMA, Land and People Planning (LP), as he walks us through his thinking in making the tough decisions around restructuring.

This episode is part of our podcast focusing on helping Ontario small businesses get through the pandemic. This series is made possible by the generous support of the Government of Ontario.

Host: Garth Sheriff, CPA, CA, Sheriff Consulting

Download transcript

The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.

S3 E02: A Window Into Working From Home: Protecting You and Your Employer

Many of us have shifted our work environment in the wake of COVID-19 by creating “virtual home offices.” With this, we face different challenges and considerations, especially when it comes to fraud. In this episode, David Malamed, CPA, CA and court qualified forensic accounting and fraud investigation expert uncovers what employers and employees should be doing to keep intellectual property and company information safe. This episode was recorded via Skype.

For more resources, visit cpacanada.ca/finlitresources and uncoverfraud.com.

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S3 E01: Put Your Money Where Your Mouth Is – The Kids Edit

Talking to your kids about money can be challenging for many. Where do you start? What do you say? How do you say it? In this episode,  Leigh Sindlinger CPA, CGA, mom, and all-star financial literacy volunteer breaks it down for us. Hear about her “golden rule” and why she believes it is never too young to start talking about money. This episode was recorded via Skype.

For more resources, visit cpacanada.ca/finlitresources

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COVID-19 Special Series E06 - Retirement in the Unknown

There are several “unknowns” as we start to look towards the future and life after COVID-19. For many, a big unknown is what their retirement looks like. In our last episode of this special COVID-19 series, David Trahair, CPA, CA, and author of "The Procrastinator's Guide to Retirement: How you can retire in 10 years or less" helps us try to make sense of this unknown. David believes it’s not the strongest, it’s not the smartest, but it’s those who will adapt to the changing environment who will be successful moving forward. Through analyzing the past, acting in the now and planning for the future, he uncovers how we can focus on emerging from this crisis. This episode was recorded via Skype.

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COVID-19 Special Series E05 - Investing During Major Market Swings

COVID-19 has caused financial stress on individuals as many are worried about their investments. In this episode, Larry Short, CPA, CGA, Portfolio Manager and Executive Director, Private Client Group at HollisWealth/ShortFinanical, helps to ease some of this worry by explaining we have seen these “unprecedented” times in the past. Larry provides insight into the situation as well as shares tips to investing during a market downturn. This episode was recorded via Skype (May 7, 2020) and contains some content from a previously recorded webinar, “Wellness in a Time of Crisis” (April 22, 2020). 

For additional resources view Larry’s timely book, “In Short: Successful Investing During Turbulent Times”

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COVID-19 Special Series E04 - Saving with Volatile Incomes

The pandemic has caused many to re-evaluate their financial situation, such as analyzing expenses and their needs versus wants. In such unpredictability, some are even wondering what they can do now to benefit their financial situation long-term, including saving. Join Garth Sheriff, CPA, CA, and entrepreneur as he shares his story on how he and his family are tracking costs during COVID-19, while providing listeners with practical strategies for saving during this volatile time. This episode was recorded via Skype.

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COVID-19 Special Series E03 - Tax in Turbulent Times

Tax season comes every year, but this year looks a bit different given the pandemic circumstances. In this episode, we talk all things tax with Fabio Bonanno, CPA, CA, Principal, Taxation at CPA Canada, as he walks us through some of the government benefits available and what we need to know about tax during the COVID-19 crisis. This episode was recorded via Skype.

For resources and more information, visit the CPA Canada Tax Blog, CRA COVID-19 Changes and Updates and, Applying for CERB with CRA.

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COVID-19 Special Series E02 - Dealing With Debt in a Crisis

Debt can be debilitating. Add COVID-19 into the mix and the problem gets bigger for many. With an East-meets-West approach, this episode uncovers the debt situation in Canada as well as provides solutions to help combat this financial crisis. Join Sandy Lyons, CPA, CA, CIRP, LIT, Senior Manager, Licensed Insolvency Trustee at Grant Thornton Limited, Frank Fabiano, CPA, CA, CIRP, LIT, Partner at Grant Thornton Limited and Robert Hunt, CIRP, LIT, Managing Partner at Grant Thornton Limited for an insightful conversation on dealing with debt during this difficult time. This episode was recorded via Skype.

For resources, visit cpacanada.ca/financialliteracy and  gtdebtsolutions.com/covid-19

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COVID-19 Special Series E01 - Mental Wellness During a Pandemic

Financial wellness and mental wellness are connected. It’s no secret that COVID-19 has left many individuals struggling mentally. Mary Ann Baynton, Director of Strategy and Collaboration, Workplace Strategies for Mental Health, at Canada Life, helps us tackle these mental health hurdles by providing insight and strategies to take control in this uncertain time. This episode was recorded via Skype.

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S2 E05 - That Side Hustle Life

For many the side hustle has become a way to supplement income. Discover how one man, Peter Waitzman, well known YouTube product reviewer, turned his love for starting businesses into a money-making side-gig.

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S2 E04 - Will These Kids Be Alright? – Canada’s Financial Future

For the past few decades, Gary Rabbior, President at the Canadian Foundation for Economic Education, has worked to make sure our future generations are well-equipped and have the skills to make smart financial decisions.

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S2 E03 - Understanding The Journey – The CPA Canada Financial Literacy Story

Starting a financial literacy program requires knowledge as well as a desire to educate and help individuals. Keeping a financial literacy program sustainable and successful is a whole other endeavor. Hear from Li Zhang, Principal of Corporate Citizenship at CPA Canada, on how CPA Canada's Financial Literacy program has been a leader in financial education..

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S2 E02 - Fitting Financial Literacy Into Your Program

Does Financial Literacy have a place in your existing program? Mack Rogers, Executive Director at ABC Life Literacy Canada, breaks down how they expanded their existing program to include financial education. 

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