Top Outsourced CFO Agencies in Canada in 2025

Best Fractional & Part-time CFO Services in Canada

Canada's growing ecosystem of small and mid-sized businesses is increasingly recognizing the value of agile financial leadership. With shifting markets, funding cycles, and operational challenges, more companies are turning to fractional and outsourced CFO services to gain access to strategic financial expertise without the cost or commitment of a full-time hire.

Whether you're scaling a startup, preparing for a funding round, expanding globally, or looking to bring more rigor to your forecasting and reporting, a fractional CFO can be your most strategic partner. These professionals bring clarity, structure, and forward-looking insight to your financial operations—and do so in a way that fits your stage of growth.

At Digital Reference, we champion the idea of radical transparency and human-first professionalism. We're building a world where executive-level talent—fractional or full-time—can showcase verified impact, and businesses can confidently hire leaders who match their mission and momentum.

In this curated guide, we highlight the top outsourced CFO agencies in Canada, each selected for their strategic focus, client outcomes, and flexibility of engagement.

Our Methodology

To compile this list, we evaluated firms based on:

• Headquarters or active service operations in Canada
• Demonstrated expertise in fractional or part-time CFO services
• Track record of success across industries, including tech, professional services, retail, and manufacturing
• Service offerings across financial modeling, strategic planning, capital raising, tax, and compliance
• Client testimonials, leadership bios, and transparency of service structure

We looked for partners who go beyond compliance and bookkeeping—who embed deeply in a business and help drive growth with financial foresight.

1. Part Time CFO Services

Website: https://parttimecfoservices.ca/

Founded in Ontario, Part Time CFO Services is one of Canada's most established providers of outsourced CFO leadership. Their team includes seasoned finance professionals with experience in both private and non-profit sectors.

Why They Stand Out:

• Broad regional coverage across Ontario and beyond
• CFOs are matched with clients based on industry and company stage
• Deep experience in agriculture, healthcare, manufacturing, and professional services

Their embedded approach helps companies achieve better forecasting, stronger reporting, and actionable financial insight—without overextending their internal team.

2. Melissa Silber CPA

Website: https://www.melissasilbercpa.ca/cfo-services

A Toronto-based CPA and financial strategist, Melissa Silber offers fractional CFO services tailored for growing Canadian businesses. Her practice is known for combining strategic guidance with a personalized approach.

Why She Stands Out:

• Works closely with startups, consultants, and creative businesses
• Offers forecasting, budgeting, cash flow planning, and financial coaching
• Emphasis on transparency, simplicity, and client empowerment

Melissa’s services are ideal for founders looking for a collaborative financial partner who speaks in plain English and delivers high-value insight.

3. BDO Canada

Website: https://www.bdo.ca/services/business-services-outsourcing/cfo-controllership-services

BDO is a global accounting powerhouse with a strong Canadian presence. Their outsourced CFO and controllership services are designed for mid-sized and enterprise clients looking to add strategic oversight without in-house complexity.

Why They Stand Out:

• Combines CFO services with audit, tax, and digital advisory expertise
• Strong track record in public companies, nonprofits, and regulated industries
• Scalable service structure for companies at any stage

For companies looking for an all-in-one financial partner with depth, structure, and regulatory rigor, BDO delivers.

4. 786 Venture Chartered Professional Accountant

Website: https://786vcpa.ca/fractional-cfo-services/

Based in Alberta, 786 Venture CPA offers specialized fractional CFO services with a focus on startup finance, business advisory, and technology enablement.

Why They Stand Out:

• Strong support for tech startups, SMEs, and consulting firms
• Focused on budget planning, performance metrics, and financial automation
• Offers business coaching and process improvement alongside CFO work

786 Venture is ideal for growth-minded companies who want a proactive financial partner to guide decisions, not just report on the past.

5. Crescendo Accounting & Consulting CPA

Website: https://crescendoaccountingcpa.ca/fractional-cfo-services/

Headquartered in British Columbia, Crescendo provides fractional CFO support and business strategy consulting with a commitment to helping businesses thrive through all life stages.

Why They Stand Out:

• Offers customized financial solutions for e-commerce, SaaS, and brick-and-mortar businesses
• Strong expertise in tax planning, exit strategy, and cost optimization
• Leverages cloud-based tools for real-time collaboration and forecasting

Crescendo is well-suited for companies looking to stabilize operations, reduce financial risk, and scale with strategic oversight.

6. Thrive Business Solutions

Website: https://thrivebusinesssolutions.ca/fractional-cfo-services-and-virtual-cfo-services/

Serving Canadian businesses coast to coast, Thrive offers virtual and fractional CFO services geared toward small and mid-sized businesses navigating growth, change, or financial uncertainty.

Why They Stand Out:

• Specializes in turnaround consulting, strategic planning, and financial visibility
• Deep experience in hospitality, healthcare, and professional services
• Offers flexible engagements, from project-based work to long-term strategy

Thrive's team helps demystify finance and brings clarity to founders who need decision-ready numbers and proactive cash flow management.

7. Crowe MacKay LLP

Website: https://www.linkedin.com/company/crowemackay/

With offices across Canada’s western provinces and territories, Crowe MacKay LLP offers CFO-level support through its Business Advisory practice. As part of the Crowe Global network, they bring world-class financial thinking to local and mid-market clients.

Why They Stand Out:

• Known for strategic finance advisory, risk assessment, and governance
• Offers CFO services alongside tax, assurance, and digital transformation consulting
• Deep roots in resource sectors, real estate, and First Nations communities

Crowe MacKay is a great fit for companies with complex needs or long-term transformation goals, offering both local insight and global perspective.

Why Canada is Ideal for Fractional CFO Services

Canada's business environment is ideal for flexible financial leadership:

• A growing ecosystem of startups and mid-market firms needing strategic finance without full-time overhead
• A high-quality CPA and finance talent pool, often with cross-border expertise
• Access to grant funding, R&D credits, and investment programs that require financial oversight
• A cultural openness to remote and fractional work models

Whether your company is based in Toronto, Vancouver, Calgary, or Halifax, there's likely a fractional CFO solution that matches your growth stage and goals.

How Canadian CFOs Are Leveraging AI

Many of the firms featured here are not only strategic—they’re also digitally forward. Here's how they’re embracing AI:

• Automating bookkeeping, expense management, and accounts reconciliation
• Using AI-powered forecasting tools to model different growth scenarios
• Supporting clients in selecting and implementing cloud-native finance stacks
• Advising on data governance and AI ethics in financial reporting

The best fractional CFOs are helping companies future-proof their operations by integrating the right technology—without unnecessary complexity.

When to Hire a Fractional CFO

You might be ready to engage a fractional CFO if:

• You’re preparing for external funding, a bank loan, or an M&A event
• Your financial reporting lacks clarity, accuracy, or strategic alignment
• You need help building a long-term financial roadmap or exit plan
• You want to integrate better tools and dashboards but don’t know where to start
• Your internal team needs senior guidance and structure

Fractional CFOs provide the insight and systems that can unlock growth, attract investment, and prevent surprises.

The Digital Reference Point of View

At Digital Reference, we’re redefining how finance leaders share their impact and how companies vet and hire them. Our platform helps fractional CFOs showcase verified results, collect real-world endorsements, and manage their professional reputation across engagements.

For founders and operators, this means making more confident hiring decisions, faster. No guessing. No fluff. Just verified insight, strategy, and trust.

Final Thoughts

Fractional CFOs are no longer a stopgap—they’re a strategic advantage. As Canadian businesses navigate uncertainty, competition, and opportunity, the firms featured here—Part Time CFO Services, Melissa Silber CPA, BDO Canada, 786 Venture CPA, Crescendo, Thrive, and Crowe MacKay LLP—offer the leadership needed to thrive.

If you're ready to take your finances from reactive to proactive, consider starting with a fractional CFO. It's one of the smartest investments a growing business can make.

Explore the list. Ask smart questions. And use Digital Reference to document the journey.

– The Digital Reference Team

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