KBFP LLP is a Licensed Public Accounting firm of Chartered Professional Accountants in Vaughan, Barrie & Orangeville that provides an array of accounting, tax, assurance and business advisory services to Canadian companies.

Our firm provides consulting services, audit, review and notice to reader engagements, financial projections, corporate and personal tax preparation, estate tax preparation, sale, acquisition and business startup services, accounting software implementation, and much more.

We have the skills and knowledge to provide any of the accounting, tax and assurance services to meet clients needs.




At KBFP, we offer qualified accountants for audits, reviews or compilations to meet the needs of your business.

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Estate and trust taxation is a very specialized practice.

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Even the most qualified managers can benefit from competent, objective feedback.

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At KBFP, we offer a wide range of accounting services tailored to the needs of our clients.

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Marketing practices from the past that are still vital to delivering exceptional customer service.  Big data, mobile, social and content is the future of marketing but consumers are not just influenced by brand messages rather the experience they from brands.  Positive customer experiences are paramount. 

KBFP can provide a business health check.  A business health check determines business performance as measured by its key performance indicators.  Let us show you the impact of every major business decision you will make before you make it. 

Think you owe money to Canada Revenue Agency due to delinquent filings or reporting issues. Contact us to determine if you would be eligible to have the interest and penalties waived on owing.

Statistics show that only 1/3 of all businesses transfer to the next generation and only 13% into the 3rd generation. If you have a business you would like to pass onto your children using the most efficient tax methods ask us about our recomended succession planning strategies.

The lifetime capital gains exemption on qualified small business shares has increased from $750,000 to $800,000 and indexed to inflation. If you are a small business owner contact us to find out how you can benefit from the exemption.

For years the approach in employee reviews was to discuss deficiencies.  In 2016, look for an increase in Strength based leadership.  Though we can be taught just about anything, we are most engaged and productive when doing things we enjoy where we can demonstrate proficiency.



  • Mon, 05 Dec 2016 22:56:38 +0000

    Foreign investors continue to gobble up Canadian commercial real estate: report

    For the year, there has been $27.4 billion worth of investment activity, a pace that would take the country to $35 billion and a new annual record

  • Fri, 02 Dec 2016 20:32:57 +0000

    Government lending crackdowns can’t stop Toronto housing market as Calgary, Vancouver slow

    The Toronto Real Estate Board was first out of the gate with statistics that show across the GTA prices were up almost 23% in November

  • Fri, 02 Dec 2016 17:26:39 +0000

    How to prepare for the housing crash that may not actually happen

    Imagine for a brief moment all the people who have predicted a housing crash in Canada for at least a half a decade actually turn out to be right at some point

  • Fri, 02 Dec 2016 17:16:06 +0000

    Toronto home prices soar as short supply frustrates would-be homebuyers

    Realtors say government needs to stop worrying about housing demand and focus on supply as the average price of a detached home skyrocketed 32%

  • Fri, 02 Dec 2016 14:06:01 +0000

    Couple dreams of retiring to tropical paradise, but breaking ties with Canada may not be cheap

    Ontario couple finds out that their idea of breaking all ties with Canada for somewhere south with a lower cost of living is superficially easy, but in practice quite problematic

  • Fri, 02 Dec 2016 13:40:40 +0000

    Auditor General calls out slow-moving CRA for taxing the definition of ‘timely’

    It takes 896 days for high-complexity tax objections to be resolved. That’s nearly 2.5 years from the time a taxpayer files an objection to their return until their file is resolved by the CRA

  • Thu, 01 Dec 2016 22:39:20 +0000

    Thank Ottawa for rising rates on longer amortization mortgages as banks move to cover costs

    TD Bank is raising rates above the traditional 25 years, a move industry analysts suggest comes in response to tougher government regulations

  • Thu, 01 Dec 2016 15:06:54 +0000

    TD Bank hiking rates for longer mortgages and rental properties starting today

    TD Bank will add 10 basis points to their overall rate for all new fixed amortizations of 25 years or more and 25 basis points for rental properties

  • Wed, 30 Nov 2016 21:27:32 +0000

    CMHC says share of foreign owners among condominiums declining

    Foreign ownership of condominiums was highest in Vancouver and Toronto at 2.2 per cent and 2.3 per cent, respectively

  • Tue, 29 Nov 2016 21:44:21 +0000

    CMHC mortgage insurance business continues to shrink in the third quarter, profits down

    The Crown Corp.'s total insurance-in-force was $514 billion, down $9 billion from the previous quarter with profit of $331 million, down from net income of $380 million a year earlier

  • Tue, 29 Nov 2016 20:36:23 +0000

    Foreign home buyers trickle back to Vancouver, but Greater Victoria sees more action

    Foreign buyers were up in metro Vancouver, though nowhere near spike seen before the 15% tax went into effect, data showed today

  • Mon, 28 Nov 2016 19:54:58 +0000

    Canada’s banking watchdog warns lenders face big losses if housing markets turn

    Rising mortgage interest should be a wakeup call that low rates won’t last forever and lenders need to be prepared for the worst, OSFI warned today

  • Sat, 26 Nov 2016 05:00:06 +0000

    Money advice from the financial experts

    From mortgage advice and budgeting, to credit card and financial planning tips

  • Fri, 25 Nov 2016 22:40:50 +0000

    Trump’s name may not stay on Toronto tower as push for buyers begins

    CBRE Ltd. is launching the marketing process for the 65-story hotel and condominium building in the city's financial core

  • Fri, 25 Nov 2016 22:08:36 +0000

    Make your Victory Lap count by having a no-regrets retirement

    Many people follow the path that their parents or teachers thought would be best for them and, in so doing, they gave up their own personal dreams

  • Fri, 25 Nov 2016 18:45:19 +0000

    The CRA is cracking down on real estate tax dodgers in Canada’s red hot market

    Earlier this year, the Canada Revenue Agency indicated that transactions in the Greater Toronto Area have been the subject of greater scrutiny

  • Fri, 25 Nov 2016 13:33:59 +0000

    Out of work years before retirement and carrying debt, woman, 58, agonizes about how to best fund her future

    A former civil servant, this Ontario woman's pension just covers her monthly expenses so she frets an emergency could siphon away her capital

  • Thu, 24 Nov 2016 19:36:33 +0000

    Divorce is never easy and your heart may be broken, but that doesn’t mean your wallet needs to be too

    From before the divorce to negotiations to post-split, follow these common sense tips for a split that is financially fair and fits your family situation

  • Thu, 24 Nov 2016 15:32:33 +0000

    Almost half of Canadian homeowners would run into trouble if they lost their jobs, Manulife survey finds

    Poll finds 24 per cent of those surveyed don't know how much is in their emergency fund, 14 per cent have not put away any funds and nine per cent have access to $1,000 or less

  • Wed, 23 Nov 2016 19:39:23 +0000

    Vancouver hottest hotel market in North America in 2015, but edged out by Toronto this year

    Market fundamentals have helped drive the hotel transaction market, which saw almost $5 billion in activity in 2015 and was already through $4 billion as of October

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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