Upcoming, practical changes to Ontario’s Business Corporations Act
Bill 213, the Better for People, Smarter for Business Act, 2020 received Royal Assent in December of 2020. As a result, some significant amendments to Ontario’s Business Corporations Act (“OBCA”) will come into force on July 5th, 2021: 1. Elimination of Director’s Canadian Residency Requirements Currently, Subsection 118(3) of the OBCA mandates at least 25 percent of...
Continue reading the post titled Upcoming, practical changes to Ontario’s Business Corporations ActBlades, boards & (non)automobiles
As teenagers return to school and students return to campuses, there is inevitably increased traffic on the roadways. This traffic can include more than just motor vehicles. Other modes of transportation, such as rollerblades and skateboards, also have an increased presence. This may leave drivers and the people utilizing these types of equipment confused about...
Continue reading the post titled Blades, boards & (non)automobilesPersonal vs. commercial goodwill – Which one’s worth more?
What exactly is Goodwill? Goodwill is an intangible asset of a business. Although there are many varieties of goodwill, some of the more common examples include a high traffic or exclusive location, a strong reputation, brand name recognition, and great customer relationships. And what’s the difference between personal goodwill and commercial goodwill? Personal goodwill is...
Continue reading the post titled Personal vs. commercial goodwill – Which one’s worth more?If we separate, will I get my down payment on the house back?
Let’s assume you and your spouse, whether common-law or married, own your home as joint tenants and you each paid an equal amount towards the down payment. If that’s the case, then if you separate you will each get your half of the down payment back when you sell the home and split the net...
Continue reading the post titled If we separate, will I get my down payment on the house back?
A guide for Canadian businesses expanding to the U.S. to mitigate tariff impacts
Ever since the U.S. administration’s recent announcement of tariffs on Canadian goods, we have seen an uptick in Canadians looking to expand into the U.S. to avoid the tariffs. This video is intended to guide you on what you consider when planning such a move. Involve your tax advisors First, involve your tax advisors early...
Continue reading the post titled A guide for Canadian businesses expanding to the U.S. to mitigate tariff impactsRenewable Energy Approvals reg amended
Regulation Decision Notice: Proposed Amendments to O.Reg. 359/09 (Renewable Energy Approvals), which can be found here: http://www.ebr.gov.on.ca/ERS-WEB-External/displaynoticecontent.do?noticeId=MTEwMDEy&statusId=MTY3NDU3&language=en As a key pillar in supporting the development of Ontario’s green economy, the Ontariogovernment established O. Reg. 359/09 (Renewable Energy Approvals) under theEnvironmental Protection Act, on September 24, 2009. The regulation governs the approach to regulating renewable energy generation facilities based...
Continue reading the post titled Renewable Energy Approvals reg amendedRegulation Decision Notice: Proposed Amendments to O.Reg. 359/09 (Renewable Energy Approvals), which can be found here: http://www.ebr.gov.on.ca/ERS-WEB-External/displaynoticecontent.do?noticeId=MTEwMDEy&statusId=MTY3NDU3&language=en As a key pillar in supporting the development of Ontario’s green economy, the Ontariogovernment established O. Reg. 359/09 (Renewable Energy Approvals) under theEnvironmental Protection Act, on September 24, 2009. The regulation governs the approach to regulating renewable energy generation facilities based...
Continue reading the post titledMind the Gap! – WSIB Coverage for Executives
There are lots of employers in Ontario who have decided to exclude their executives from WSIB coveragein order to reduce those expensive premiums. The cost-savings can be significant but it is vital to ensure that you have the correct insurance coverage in place to pick up the slack. A recent decision of the Superior Court of Justice...
Continue reading the post titled Mind the Gap! – WSIB Coverage for ExecutivesLimitation periods – Often overlooked, yet potentially fatal to your legal rights
It is inevitable that at some point a business will experience a harmful event that causes it to suffer a financial loss. Examples include a third party breaking a contract or a warehouse fire due to faulty electrical wiring. Therefore, businesses need to be aware of the time limits that restrict their right to start...
Continue reading the post titled Limitation periods – Often overlooked, yet potentially fatal to your legal rightsEasy useful things to support public transit, now
At this week’s meeting of the Eco Babes, a group of women in the sustainability professions agreed to work together to build support for public transit in the Greater Toronto Area. If you’d like to help, read on.
Continue reading the post titled Easy useful things to support public transit, nowReceive Blog Posts
By subscribing to our blog, you will receive an email when a new post is added. You can unsubscribe at any time by sending an email to us at [email protected] with the word “unsubscribe” in the subject line.