Here you’ll find a collection of articles created by the Metrics CPA Team.

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Tax: GST/HST Information

The Goods and Services Tax (GST) is a 5% federal tax charged on most Canadian goods and services. For provinces who have harmonized their provincial and federal sales taxes, GST and PST are [...]

Tax: Business Use of Home

A common question that arises from clients is: How can the office space in my home qualify for a tax deduction and specifically, what expenses are deductible and how much can be claimed?   In [...]

Metrics Wants YOU

During these months of unpredictable employment and the current multitude of layoffs, Metrics wants to extend a helping hand and let you know we are always accepting resumes. If you would be a [...]

Tax: Capital Dividend Account

One of the many benefits of incorporating your business is having the option to pay yourself in dividends. It can be a simple and cost effective way for business owners to withdraw money from [...]

2019 Community Report

Metrics is a locally owned and operated digital accounting firm. Engaging in the community is one of many ways their team prevails in staying connected and 2019 was no exception. Compiling [...]

Tax On Split Income (TOSI)

What is Tax on Split Income (TOSI)? Tax on split income (TOSI) rules apply where a family member has received income for an attempt to reduce and split taxes. The TOSI rules apply to individuals [...]

Metrics Is Hiring

The Firm Metrics is a digital accounting firm based in Victoria, BC. Digital meaning: We operate in the cloud. Our expert team has deep knowledge in the Cannabis, Blockchain, and Real Estate [...]

Shareholder Loan and Repayment

ISSUE One of the benefits to incorporate your business is access to a shareholder loan (SHL). The Income Tax Act (ITA) and the Canada Revenue Agency (CRA) have rules and policies on how the SHL [...]

DeFi and Why It Matters

We’ve written a few articles about cryptocurrency and its effects on Canadians and the world and those articles have mainly focused on what blockchain is and does. However, a big part of [...]

The Price Is Right

by Kyle Mackenzie, CPA January 1, 2020 As a partner at my public practice firm, I see inside hundreds of businesses on a regular basis and this means I have insights into other businesses that [...]

Good to know: RRSP vs. TFSA

The RRSP deadline is approaching (Monday, March 2, 2020) and 2019 brings an additional $6,000 of contribution room for Tax-Free Savings Accounts, bringing the cumulative maximum to $63,500. [...]

Metrics Has Moved!

Metrics’ Headquarters Has Moved! As Metrics has been growing from our tiny little company five years ago, we have found ourselves requiring more space! We now have 8 full-time staff on our [...]

We’re Hiring!

The Firm Metrics is a digital accounting firm founded in Victoria, BC. Our expert team has deep knowledge in the Cannabis, Blockchain, and Real Estate industries, but we service clients in all [...]

Cannabis Accountants

Public companies traded on any stock exchange have higher demands for financial reporting. International Financial Reporting Standards (IFRS) are required to be followed in most countries, [...]

Employee Vs. Contractor

The CRA and the BC Employment Standards Act have strict rules to separate contractors from employees. Since contractors are seen as operating their own business, hiring a contractor is more like [...]

Blockchain is Coming

We made the front page! Metrics CPA partners Regan McGrath and Kyle Mackenzie have graced the front page of the latest issue of CPABC’s In Focus magazine with their story on blockchain [...]

What is FinTech?

Metrics Chartered Professional Accounting is a cloud-based accounting firm, designed to help forward-thinking business owners optimize their financial processes. We are what you would call a [...]

7 Tools for Productivity

At Metrics, we’re obsessed with efficiency and take pride in our progressive adoption of technology to streamline operations. Slack, G Suite and Trello are status quo here—they are the core [...]

Get Happy at Work

Today we celebrate the International Day of Happiness, and challenge other businesses to get happy at work. It’s one thing to be happy as individuals, but what does mandated happiness look like [...]


This International Women’s Day we celebrate progressive HR policies that empower women and create change. Today we are reflecting on the fact that our path to success was blazed by a lifelong [...]

Good to know: RRSP vs. TFSA

The RRSP deadline is approaching (Wednesday, March 1) and 2019 brings an additional $6,000 of contribution room for Tax-Free Savings Accounts, bringing the cumulative maximum to $63,500. You’d [...]

#HappyDay 2016

  Happy Day was founded on June 28, 2012 by the United Nations General Assembly. “At this time of grave injustices, devastating wars, mass displacement, grinding poverty and other [...]

Introducing Baby McGrath

Introducing our youngest member of the Metrics community… James Michael McGrath was born on Nov 19th 2014 weighing in at 9 pounds 4 oz. Both Regan and baby are doing wonderfully. While Regan [...]

Cloud Based Accounting Software

Updated on: April 1st, 2020 In a previous bulletin we discussed the general reasons of Why Cloud Accounting, and now it’s time to get down to the scintillating specifics about the actual software [...]

Cloud Curious?

What is Cloud? You’ve probably heard a lot about everything moving to the cloud lately. Whether it’s your music library, video on demand service or your virtual office, it’s all living in the [...]

Meet Regan McGrath

Meet Regan McGrath, she’s Metrics Founder and CEO. We think she’s pretty cool and so should you!   Q: Tell us a little bit about your background and training? A: Well, I have a creative and [...]

MakeWorks Workshop Series

Metrics Chartered Accounting Presents at MakeWorks Workshop Series   When: Wednesday June 11 5:00 – 7:30pm   Where: MakeWorks Studio 1139 College Street Toronto, ON M6H 1B5   [...]