Trevor Tamke, CPA, CA, Partner, Taxation Services, MNP, talks about the federal government’s rental subsidy program and explores some of the opportunities of the program for dealers. More information about the program can be found here.
A closer look at how the industry is shaping up so far this year reveals a steeper decline in wholesale used vehicle prices compared to the seasonal norm for cars, as the category declined 0.62% this week and 0.67% last …
Dealerships that want to take part in the first online CADA Summit should register now to book a spot for themselves. The event will take place on Feb. 3, 2021, and each registration allows for an additional five dealership employees …
Quorum Information Technologies launched a re-platforming and data consolidation project utilizing Microsoft Azure Synapse Analytics for advanced analytics and artificial intelligence (AI). The company, in utilizing Microsoft Power BI, launched Q Analytics nearly a year ago as an enterprise reporting …
The Automobile Journalists Association of Canada (AJAC) has announced the finalists in each of the eight vehicle categories of its prestigious Canadian Car of the Year and Canadian Utility Vehicle of the Year awards. More than 250 vehicles were evaluated …
CARFAX Canada has launched a free service to make it easier for consumers to take care of their vehicles, by removing the hassle of keeping track of service records and staying on top of car maintenance schedules. Known as CARFAX …
U.S.-focused Cars.com has revealed five trends that it believes will advance the automotive sector in 2021 with regards to the future of virtual car-buying. “In the new virtual-first environment, digital platforms have significantly increased in importance for small businesses across …
Kelley Blue Book recently announced its 10 Best Automotive Technologies for 2021, with items like a stolen vehicle tracking software and exit warning to protect cyclists included on the list. “In 2021, we continue to be amazed by the incredible …
Nova Scotia is among the latest locations to benefit from federal government funding in the form of a $1,119,000 investment meant to expand electrification projects in the area. The funding will help Nova Scotia Power establish energy solutions for an …
The federal government is investing $100,000 in two takeCHARGE projects as part of a joint initiative between Newfoundland Power and Newfoundland and Labrador Hydro. The initiative aims to help raise awareness about the benefits of owning a zero-emissions vehicle (ZEV) …
Wholesale prices continue to tumble this year as consumer confidence rebounds, according to Canadian Black Book’s latest COVID-19 update. Wholesale prices for both car and truck segments experienced a much steeper decline last week compared to previous weeks. “The month …
A closer look at Canadian automotive industry sales declines for 2020 reveal not only the largest year-over-year drop on record, but significant variation as numerous factors set the stage for an “uneven landscape of change,” according to DesRosiers Automotive Consultants …
