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How Inflation is Clobbering Your Accounts Receivable
- July 11, 2022
- Posted by: cgiadmin
- Categories: Accounts Receivable, Economics
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Canada’s annual inflation accelerated to 7.7% in May of 2022, a 39-year high and above market expectations of 7.4% (Statistics Canada).
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Collections Policy
- March 8, 2022
- Posted by: cgiadmin
- Categories: Accounts Receivable, Commercial Debt Collection
Collections Policy Policies and procedures can make or break a business-to-business accounts receivable management strategy.
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Commercial Debt Collection Risks
- February 2, 2022
- Posted by: cgiadmin
- Categories: Accounts Receivable, Commercial Debt Collection, Risk Management
Business-to-business (B2B) models, in particular, pose many unique challenges. Cash flow is the lifeblood of a business.
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Ontario Small Claims Limit Increases to $35,000
- January 11, 2020
- Posted by: cgiadmin
- Categories: Accounts Receivable, Bankruptcy and Proposals, Commercial Debt Collection, Consumer Debt Collection, Credit Management
On January 1st 2020, the Small Claims Limit in Ontario increased from $25,000 to $35,000. Creditors can now sue larger outstanding debts in the Ontario Small Claims system which could mean a quicker collection result.
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