Organization: Deloitte

Preeti Malik

Preeti Malik will join TribalScale Venture Studios as executive-in-residence for its financial services program. She will advise and oversee budding startups and eager entrepreneurs on ideation, strategy, development, and growth in the Venture Studios program. Malik served as the Canada National Practice Lead for Risk and Compliance at Accenture. She also assumed senior management roles…

People: Jeff Watts and Pierre Roberge

Jeff Watts and Pierre Roberge have been appointed president and chief technology officer, respectively, of Prodigy Ventures Inc., a listed innovation company and named by Deloitte as one of Canada’s fastest growing technology companies. Roberge will also serve as senior VP for solutions and ventures. Tom Beckerman remains as company CEO and director. Watts was executive…

Kiya Hushyar

Kiya Hushyar has been appointed chief financial officer of Progressa, a Vancouver-based fintech lender focused on helping non-prime and near-prime Canadians secure financing. Hushyar replaces Mary Lynn Tardelli, who is taking medical leave at the end of January. He has more than 20 years of accounting, finance and risk management experience including stints with Coast…

SR&ED guidelines on labour expenses clarified

The Canada Revenue Agency has issued a paper clarifying its policy on labour expense allocations for scientific research and experimental development (SR&ED) claims. The new guidance makes the allocation approach official CRA policy, meaning that its auditors can no longer require firms to submit time sheets, a practice considered onerous and impractical. The guidelines were…