TechConnex Blog

  • 05 Dec 2017 9:00 AM | Ryan Ellis (Administrator)

    Compensation and Stock Option Insights for Early to Mid-Stage Technology Firms in Ontario

    First of all, a big thank you to all the technology firms that responded to the salary and stock options survey.We sent out approximately 250 survey requests and 49 responded (approx. 20% response rate). An equal number of requests were sent out for CEOs’ perspectives on stock options for which we received 29 responses (a 12% response rate). According to Surveygizmo and SurveyMonkey, these are in line with 10-15% response rates that would normally be expected for external surveys. The first part of this report relates to compensation and I’ve highlighted some information and some background to the survey’s responses. The second part of this report are the results of the Stock Option Survey


  • 09 May 2017 2:01 PM | Kelley Phillips (Administrator)

    MARKHAM, ON, May 8, 2017 – Today, IBM (NYSE: IBM) and ventureLAB are unveiling the IBM Innovation Space – Markham Convergence Centre, an enterprise-led innovation hub in Ontario. Located at the IBM Canada headquarters in Markham, the space brings together developers, startups, entrepreneurs, funding agencies, researchers and experts and mentors from IBM and ventureLAB in one collaborative space to help companies scale up development faster and drive economic growth in York Region and the Greater Toronto Area.

    Read the full article

  • 04 May 2017 11:39 AM | Kelley Phillips (Administrator)

    End to End Networks made the CDN Top 100 Solution Providers rankings for 2016; also moving up in the rankings for the 3rd year in a row.

    The list of 100 of the best IT solution providers was released last Tuesday, April 25th at a gala awards ceremony attended by various channel partners across the country.

    End to End Networks is an established provider of Managed Network and Security Services across North America.  For over 24 years, End to End Networks has maintained a reputation for service innovation.  We deliver strategic technology solutions that fit the unique business needs of our clients.

    Making the CDN Top 100 Solution Providers list is an achievement that End to End Networks values.  Each year, new companies make it onto the Top 100 list.  In 2016, there were 17 new entries that made the list.  This highlights how End to End Networks continues to grow and deliver to its clients, year after year.

    It was a strong year for End to End Networks in 2016, and 2017 will be another great year as well.  Don’t be surprised to see End to End Networks continue to be and rise on the CDN Top 100 Solution Providers List for 2017.

  • 02 May 2017 8:10 AM | Kelley Phillips (Administrator)

    The Ontario government unveiled its latest budget in Toronto on Thursday and they have pledged three straight years of balanced books due to a booming economy.  

    Read SBLR's Budget Summary

  • 10 Apr 2017 2:53 PM | Kelley Phillips (Administrator)

    Named one of Canada's Best Managed Companies 2017

    Jahan Ali has seen plenty of signs that his workplace technology company is on the right track. Ali founded MobileLive five years ago in Richmond Hill, Ont., and the firm has since added over 250 employees, posted year-over-year revenue growth of 400%, and won a long list of accolades and awards. In 2016, Deloitte named the company one of its North America Technology Fast 500 and one of Canada’s Technology Fast 50. MobileLive has also been recognized by the Ontario Business Achievement Awards, the Toronto Region Board of Trade, and the Canadian Aboriginal and Minority Supplier Council.

    Read the full article

  • 03 Apr 2017 11:29 AM | Kelley Phillips (Administrator)

    On March 22, 2017, Finance Minister Bill Morneau tabled the Liberal government’s 2017 federal budget.

    The budget estimates a deficit of $23.0 billion for 2016-2017 and projected deficit of $28.5 billion for 2017–18, declining to $18.8 billion by 2021–22. Instead of planning to eliminate the deficit as previously proposed, the government says it will maintain a balanced net debt-to-GDP ratio of around 31 per cent over the next five years.

    The budget does not propose changes to corporate or personal income tax rates or the corporate small business deduction threshold. Furthermore, there are no proposed changes to the capital gains inclusion rate, which is currently 50%. However, the government did indicate it will release more details on its plans to limit tax-planning strategies later this year.

    In order to advance its goals of reducing tax evasion and improving compliance, the government plans to give the Canada Revenue Agency an additional $523.9 million over the next five years. The government anticipates the CRA will recover $2.5 billion for its efforts.

    View SBLR's complete Budget Summary

  • 03 Apr 2017 11:23 AM | Kelley Phillips (Administrator)

    Federal Minister of Finance, Bill Morneau, presented his budget on March 22, 2017. The government is continuing with its planned focus on building a strong middle class through innovation, skills, partnership and fairness. Budget 2017 focuses on giving talented people the skills they need to drive our most successful industries and high-growth companies forward, while investing in Canadians’ well-being through a focus on mental health, home care and indigenous health care. Forecasted deficits As widely anticipated, the budget projects significant deficits over the next several years. The government forecasts a deficit of $23 billion for 2016–17 and $28.5 billion in 2017–18. Over the next four years, deficits are expected to decline gradually from $27.4 billion in 2018–19 to $18.8 billion in 2021–22.

    Canada continues to have the lowest total government net debt-to-GDP ratio of all G7 countries. The federal debt-to-GDP ratio is projected to decline gradually after 2018–19 reaching 30.9 percent in 2021–22.

    View Grant Thornton's complete summary

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