Whether you’re a property owner or tenant operating a business on expropriated lands, our experts have the knowledge and experience to assist you in receiving fair and equitable compensation. Our team is uniquely positioned to address complex valuations in expropriation as “land” in this context includes site and building improvements, business losses, and other financial damages, including injurious affection. We are proud members of the Alberta Expropriation Association and the Ontario Expropriation Association.

A timely, objective and persuasive valuation report can make or break your application for financing. We have the credentials and expertise to prepare independent opinions of value to support your application for debt, equity and hybrid capital from a variety of sources, from private lenders to institutionally managed funds.

We have experience assisting clients and their legal advisors in resolving financial disputes amongst shareholders, partners and joint venturers. Our knowledge of relevant legislative frameworks (i.e., Business Corporations Act) and our familiarity with internal documents and agreements (i.e., shareholders agreements, partnership agreements, joint venture agreements, etc.) involving small and medium-sized enterprises (SMEs) is articulated in our findings, which often help disputing parties resolve matters in a fair, equitable and cost-effective manner.

Our specialization in valuations helps simplify the complexities surrounding the division of matrimonial property, specifically when matrimonial property includes commercial properties and shares in closely-held private corporations. We are also skilled in providing guideline income calculations, which can become necessary when the parties have ownership interests in a privately held small or medium-sized enterprise (SME). Our professionals are aware of the financial and emotional hardships faced by couples going through a separation, which is why we strive to find the most cost-effective and timely solutions to address their needs. Whether we are retained jointly or independently and whether the dispute is being resolved in court, mediation or a collaborative practice setting, we have the skills and experience necessary to bring clarity to complex financial matters.

Valuations play an important role in estate planning. We frequently collaborate with lawyers, accountants, and other professionals to execute effective estate planning techniques, including estate freezes, tax rollovers, and Employee Stock Ownership Plans (ESOPs). With proper planning and execution, business owners can minimize potential tax liabilities, maximize after-tax cash flows, and de-risk the prospect of unintended penalties in the event of a reassessment by the Canada Revenue Agency (CRA) in the future.

We leverage our in-house databases, third-party tools, and industry contacts to provide timely, relevant, and robust market research. Our professionals “keep their ears to the ground” and are experts in converting facts and statistics into actionable insights, which can be delivered using thematic maps and reports using robust data variables related to demographics, employment, housing, market segments, businesses, consumer spending, brand preferences, public health and more.

Whether you’re purchasing or selling a commercial property or a privately held business, understanding current market conditions and valuations is critical. Transactions involving commercial real estate and small and medium-sized enterprises (SMEs) can involve significant sums of money, making it vital for parties to understand their rights and obligations before committing themselves to long-term and potentially irreversible decisions.

We have the skills and experience to prepare independent valuations in income tax, property tax, and Goods and Service Tax (GST) disputes. Our professionals have a thorough understanding of the legislative framework and case law that applies in these specific circumstances, potentially saving clients considerable sums of money by providing independent, objective and impartial opinion evidence concerning the matter(s) in dispute.

Investing in a commercial property or a small or medium-sized enterprise (SME) is inherently risky. We help clients analyze risk/return relationships that underlie investment opportunities to ensure their anticipated returns are commensurate given the market’s perceived risks associated with the underlying investment. Our professionals analyze and convey complex metrics such as unlevered and levered internal rates of return (IRRs), discount rates, capitalization rates and multiples in ways that are relevant and easily understood.

Are you thinking of developing a new commercial property or starting a new business? We assist entrepreneurs and real estate developers in understanding the economic viability of their projects by independently researching and validating their assumptions regarding internal and external considerations. Our multi-phase approach to conducting a feasibility study allows clients to “pull the pin” on our engagement when circumstances suggest a project will not be viable.

Our training and experience in court processes and formal hearing procedures allow us to provide expert witness testimony with confidence. We simplify complex matters and avoid simplistic explanations that fail to communicate the nuances specific to each situation, often using a combination of quantitative, qualitative, and graphic analyses.

Our expertise in the valuation of commercial real estate and small and medium-sized enterprises (SMEs) can be leveraged to assist our clients in conducting financial due diligence, including reviewing financial models and projections, analyzing historical financial information and completing quality of earnings (QoE) reports.

Our professionals understand the increasingly complex requirements with respect to the valuation of tangible and intangible assets when reporting financial information to stakeholders using recognized financial reporting standards, such as IFRS or ASPE. Whether we work with you and our team in an advisory capacity to build out a more efficient and robust internal valuation process or we assist you be preparing one or more independent valuations, our expertise can help you satisfy reporting obligations.

We help insurance companies, policyholders, lawyers, and other stakeholders navigate the technical aspects of valuation in the context of commercial property insurance and business interruption claims. We also assist clients in proactive pre-loss planning to ensure costly co-insurance penalties are avoided in the event of loss, including the preparation of independent replacement cost reports.

“Valuation is more art than science” is true to an extent, although it would be inappropriate to view a professional appraiser the same as an artist. Unlike an artist who can use his/her creativity and imagination freely, a professional appraiser is bound by a strict Code of Ethics and is required to adhere to stringent professional reporting standards which outline the minimum scope of work, research and analysis needed to support their opinion of value. When circumstances arise that cause you to question the legitimacy or reasonableness of a valuation report, we can prepare an independent critique to assess whether the assumptions, methodologies and calculations were appropriate or correct given the intended use of the valuation.

A robust, impartial third-party valuation can be a critical tool to facilitate long-term value creation. We work closely with each client to understand their existing circumstance, the internal and external factors influencing their prospective performance, and the anticipated outcomes should they execute certain strategic initiatives, which may involve changes to the company’s operating structure, financial structure, or both.

The Canadian Securities Administrators (CSA) protects Canadian investors from unfair, improper, or fraudulent practices and fosters fair and efficient capital markets. Circumstances such as insider bids, issuer bids, business combinations and related-party transactions typically require an independent valuation from a qualified professional. We provide authoritative opinions of value that satisfy reporting and disclosure requirements involving the valuation of tangible and intangible assets.

An independent valuation can be required in the event of foreclosure or insolvency. Our professionals provide market value, liquidation value, forced sale value, and distressed value opinions to assist trustees and related stakeholders in making informed decisions related to ownership interests in commercial properties and small and medium-sized enterprises (SMEs).

The credibility of our financial models is reinforced by our specialized training and years of relevant experience in preparing financial models involving commercial real estate investments and small and medium-sized enterprises (SMEs). We understand and apply best practices when creating financial models for clients, with the breadth and depth of each model tailored to the client’s needs and constraints.

We have the specialized training and expertise to assist with the quantification of financial losses and economic damages resulting from various commercial disputes, such as breach of contract, negligence, misrepresentation, patent infringement, intellectual property disputes and other contractual violations.

Entrepreneurs and organizations are forced to make difficult business decisions every day; however, the requisite information and analyses to make informed decisions may not be available in-house. We leverage our knowledge, experiences and contacts to ensure our clients are making well-informed decisions by providing one-time or recurring consulting services tailored to their needs.