Skip to main content
People & firms

The WONE Global Partners in each market.

Named senior professionals, each admitted as the one firm for a service in their country, and the firms they lead.

For professional firms

Lead your service in your market.

One Partner per service, per jurisdiction, admitted by review against published criteria.

Open Partnerships→
Insights

Sourced answers on doing business across borders.

Every statement is labelled: source-checked, professionally reviewed or not yet checked, with its source and date where checked.

Ask WONE Global

Ask your question.

Answers cite WONE Global's sourced statements and show how each one was checked. Research, not advice.

Ask WONE Global→

Canada × Audit & Assurance

Audit & Assurance in Canada

Independent audits and reviews that investors, lenders and regulators can rely on. In Canada, that means local law, local regulators and local practice, handled by a qualified professional who practises there.

Who handles this workNamed WONE Global lead
  1. What happens next · 1WONE Global acknowledges your requirement and confirms what's involved.
  2. 2Faber LLP runs its conflict checks.
  3. 3We confirm Chris T.H. Heo as your named lead.
  4. 4You agree scope and fees directly with the firm before work begins.
Canada at a glanceNorth America

Toronto · Tuesday 3 November

13:57

Local time

Currency
CAD
Working week
Monday – Friday
Dialling code
+1
Region
North America
Doing business in Canada →

Scope

What the service covers here

  1. 01Define the assurance scope
  2. 02Coordinate statutory or group audit requirements
  3. 03Address local reporting standards
  4. 04Support remediation of material findings

Key questions

What we will work through with you

  • What needs to be decided before audit & assurance work starts?
  • Who is professionally responsible in each country?
  • Which other work, such as tax or employment, must happen at the same time?
  • What information and decisions are needed from the business?

If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.

WONE Global Partners in Canada

Other WONE Global Partners here

The other named professionals responsible for WONE Global work in Canada.

What the guides say · Canada

What Audit & Assurance involves in Canada

The topics from the Canada guide that this work depends on.

Key facts

Essentials · source-checked

Corporate income tax
15% federal general rate plus provincial rate
Provincial corporate tax (example)
Ontario 11.5%; British Columbia 12%
GST/HST
5% GST; HST 13% (ON) to 15% (NB, NL, PE)
Main entity form
Federal (CBCA) or provincial corporation; 25% resident Canadian directors ordinarily required federally
Foreign ownership
Notification or net benefit review under the Investment Canada Act; national security review of any investment
Data protection
PIPEDA (federal) plus provincial laws
New York Convention
Party since 1986 (commercial reservation, except Quebec)
Minimum wage (federal sectors)
CAD 18.15 per hour from 1 April 2026

The topics this work touches

  • Tax & Statutory

    Corporate income tax is levied federally at a net 15 percent and provincially on top, so the combined rate depends on the province. GST at 5 percent applies nationally, replaced by HST of 13 to 15 percent in the harmonised provinces.

    Read the essentials

Our full guides are checked against official sources. Guides drafted with AI are marked as such. None of this is legal or tax advice.

WONE Global Intelligence

Ask about audit & assurance in Canada

Ask in your own words. Answers come from WONE Global's checked records, with every source shown, and end with the named Partner who can act. Go deeper on any point, or build a decision file.

Contact WONE Global

Discuss Audit & Assurance in Canada.