Small businesses in Canada are outsourcing accounting services by moving routine work, like bookkeeping, payroll, and GST/HST returns, to trained offshore professionals who work inside their own systems and report directly to them.
Many now do this through outsourced accounting services in Canada from MYCPE ONE, or through MYCPE ONE's offshore staffing for small businesses. The owner keeps approvals and decisions. The team handles the daily grind.
At MYCPE ONE, we have spent over 10 years building offshore accounting teams for 1,000+ accounting firms and businesses across the US, Canada, and the UK. We hear the same story again and again. The owner is great at the business. The books are what keep them up at night.
And this is a big group. Small businesses make up 98.1% of Canada's employer businesses, about 1.07 million companies. Most of them run finance with a very small team, or no team at all.
Because the paperwork keeps growing, and the hours in a day do not.
According to CFIB's Canada's Red Tape Report, the average small business spent 735 hours on regulatory compliance in 2024. That is about 92 business days. Of those, 256 hours went to red tape that owners believe could be cut.
The smallest businesses feel it most. Firms with fewer than five employees spent 198 hours per employee on compliance, while companies with 100+ employees spent just eight. Regulation cost those small firms about $10,208 per employee.
The pain points we hear most from Canadian owners:
Hiring locally does not fix it fast. Canada's accounting profession faces a persistent talent shortage, and recruiting can take months. Through MYCPE ONE, most businesses get trained offshore professionals in 2 to 4 weeks.
When the owner becomes the bookkeeper, growth becomes the side project.
Most start with the repetitive, deadline-driven work. Here is how those tasks map to the Canada-trained roles MYCPE ONE hires for:
| Task | MYCPE ONE role |
|---|---|
| Bookkeeping, bank reconciliation, month-end close | Bookkeeper or Accountant |
| Bills, invoices, collections | AR/AP Assistant |
| Payroll runs, source deductions, remittances | Payroll Specialist (Canada) |
| GST/HST, PST, and QST returns | Sales Tax Specialist |
| T1 and T2 return preparation, SR&ED claims | Tax Preparer or Tax Credits Specialist |
| Cash flow reporting and forecasts | Financial Analyst or Virtual CFO |
The common path is gradual. Start with monthly bookkeeping. Add payroll and GST/HST filing once trust is built. Then move to full-cycle accounting. Patience pays here, because small wins compound.
It follows a simple, obligation-free path:
Here is the part owners often miss. With MYCPE ONE, this is dedicated offshore staffing, not a vendor rotating people across clients. Think of Tony Stark in Iron Man. The suit does the heavy lifting, but Tony still decides where to fly. Your offshore professional runs the process and reports to you. You still own the decisions.
Picture how this plays out. A six-person landscaping company in Brampton spends Sunday evenings sorting receipts and scrambles every quarter for the HST return. After bringing on a dedicated MYCPE ONE bookkeeper, work assigned in the evening is finished overnight.
The books close early each month, and the HST return is ready well before the deadline. The owner now reviews a one-page report, not a shoebox.
Every owner eventually asks the Jerry Maguire question: show me the money. Hiring offshore through MYCPE ONE can save up to about 60% compared to onshore hiring. But the hourly rate is only half the story.
| Factor | Local in-house hire | MYCPE ONE offshore professional |
|---|---|---|
| Cost | Salary, benefits, CPP/EI contributions, training, equipment | From CA$15/hour, all-inclusive, billed weekly in CAD |
| Time to hire | Often months of recruiting | First hire typically in 2 to 4 weeks |
| Commitment | Permanent employment | No long-term contracts, two-week free look-in |
| Turnover | Work stalls when someone leaves | Free replacement guarantee |
| Busy season | Overtime or a rushed hire | Full-time, part-time, or seasonal options |
| Training | Paid by you | Included, with 100+ courses and 7,500 CPD hours |
The real saving is not a cheaper person. It is a business that no longer depends on one. For a closer look at the numbers, read how Canadian firms achieve better ROI through outsourcing.
The cheapest quote is usually noise. The signal is in the process, the people, and the accountability. Here is the checklist we suggest, and how MYCPE ONE answers it:
Want a balanced view first? Read our take on the pros and cons of offshore accounting and the reasons to outsource accounting services in Canada.
Canadian small businesses are not outsourcing accounting to step away from their numbers. They are doing it to finally see them clearly. Running a business is a marathon, and nobody runs it well while carrying a shoebox of receipts.
Finding the right talent is harder than ever, especially when businesses need professionals who are technically strong, AI-savvy, and comfortable with modern cloud workflows.
At MYCPE ONE, we help CPA firms, accounting firms, businesses, and enterprises build high-quality offshore teams across accounting, bookkeeping, payroll, tax, advisory, back-office, digital marketing, sales, IT, and more. If you'd like to explore how this could work for your business, schedule a call with us.
With MYCPE ONE, offshore accounting professionals for Canadian businesses start at CA$15 per hour. The rate is all-inclusive, covering recruitment, infrastructure, IT, HR, and training, with no setup or placement fees. Billing is weekly and in Canadian dollars, so there are no currency surprises. The final rate depends on the role and experience level you need. Compared with a local in-house hire, MYCPE ONE estimates savings of up to about 60%, before counting what you save on benefits, equipment, and recruiting time.
It is safe when the partner has strong, verified controls. MYCPE ONE operates on SOC 2 Type II and ISO 27001:2022 certified infrastructure, aligned with PIPEDA. Staff work only from secure offices with no mobile phones in work areas, disabled USB ports, and 24/7 CCTV. Every team member signs confidentiality agreements, and MYCPE ONE has recorded zero data breaches in over 10 years. You also never need to share bank passwords. Access runs through secure, permission-based logins to your accounting platform.
Start by deciding what you need: local advice, daily processing, or both. Searching for outsourced accounting services near me will show local firms, which are useful for advisory and sign-off. For daily bookkeeping, payroll, and GST/HST prep, Canadian tax knowledge matters more than distance. MYCPE ONE has an office in Ontario and supports businesses across Toronto, Vancouver, Ottawa, Brampton, and beyond. Many owners pair a local CPA with a dedicated MYCPE ONE professional for the best of both.
Yes. These are two of the most common tasks Canadian small businesses hand off. MYCPE ONE's sales tax specialists prepare and reconcile GST/HST, PST, and QST, while payroll specialists handle weekly, biweekly, or monthly runs, source deductions, and remittances. The key is a clear deadline calendar and a review step before anything is filed with the CRA. You stay compliant, and the quarterly scramble that pulls you away from running the business disappears.
Nemin Vora, a CA and Tax Attorney, leads Client Relations at MYCPE ONE. With 7+ years of experience at Big 4 and top public accounting firms across America, he helps U.S. firms scale globally through remote talent, offshoring, and cloud operations. Known for his sharp tax insights and practical approach to firm growth, Nemin is a dynamic speaker. He breaks down complex topics such as leadership, AI, global staffing, and practice expansion into relatable lessons that professionals actually enjoy learning. Beyond the strategy decks, Nemin is a learner at heart, a stage actor, and a tech enthusiast.
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