About Balance & Foster Inc.

Our Mission

Balance & Foster delivers global capabilities with the “local” touch that brings world-class assurance, tax, and consulting expertise to our clients through enduring relationships built on genuine understanding and trust.

Our Founder

Gabriela Chetraru

Gabriela is the founder of Balance & Foster, an independent accounting/bookkeeping and tax firm specializing in helping small and medium-sized corporations.

​Gabriela knows numbers don’t lie, but they are so easy to misrepresent; it takes more than one perspective to look at them to understand and see the whole picture. Accounting is the language of practical business life, and Gabriela speaks accounting, fluently.

After working as a financial analyst for a reputable Mergers & Acquisition company, Gabriela realized the experience acquired in key legal, business, human resources, and financial issues could serve a bigger purpose if used in the one-on-one setting of a small accounting firm.

​ Gabriela holds a degree in Cost Estimating & Accounting and is Quickbooks Certified. She is a strategic thinker and creative problem solver.

​ Gabriela wants to change the way people view accountants. She chose to name her firm Balance & Foster as she genuinely aims to not only help you balance your books but foster genuine partnerships and relationships built on mutual trust and respect.

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Services

  • TAX / ACCOUNTING

    T1- personal tax returns for residents and non-residents
    New immigrants tax returns
    Tax planning

    T2- corporate tax returns preparation & filing Annual Notice to Reader Financial Statements
    Year-end adjustments
    Salary vs. dividends analysis & recommendations

  • BOOKKEEPING

    Full cycle bookkeeping and payroll services

    GST/HST, WSIB and source deductions remittances

    Government related compliance forms: T4, T5, summary reports, ROE

  • TRUSTS & ESTATES

    T3- trust returns
    Preparation of T3 tax returns, summaries & supplementary
    Application for clearance certificate for the distribution of estate proceeds
    Coordinating with lawyers

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