3 Legal Updates: Business income tax, asset sales and auditing policy

ELIMINATING SOME INCOME TAX ADVANTAGES On July 18, 2017, the Federal Department of Finance announced proposed changes to the Income Tax Act (the ITA) in Canada that are intended to “level the playing field” by removing certain tax advantages that for decades have been part of tax planning for many family-owned businesses operating through private […]

Stomping out a work place requirement

Mr. Mason has just opened a new restaurant that he hopes will compete with such large restaurant chains as The Keg, Joey’s and Earl’s. When you attend the restaurant you notice that your server, Katherine, is knowledgeable, polite and gracefully glides between tables and patrons to accurately serve your order all while wearing very high […]

Documents matter

It pays to maintain proper corporate records ARE YOU THINKING OF SELLING or financing your business? Are you involved in shareholders’ dispute? Or, perhaps worse yet, is your business being audited by the taxing authorities or involved in a litigation? If you answered yes to any of these questions, you will likely find that maintaining […]

Investigating sexual harassment in the workplace

Happy Co. is a small company specializing in the production, sale and installation of custom flooring products in Ontario. Its head office, fabrication plant and retail location (the “plant”) has 20 employees. Happy Co.’s service and installation department also employs 20 employees (techs) that work off-site. At the beginning of each day, the techs must […]

When a shareholder doesn’t share

Alex and Justin are equal shareholders of a food packaging company. The two of them met over 12 years ago when they were both working as salespeople for a beverage company. They became good friends and with their shared desire to become entrepreneurs, they decided to start their business together. By Sahar Cadili Justin has […]

Purchase tips for commercial or industrial condos

Buying a new commercial or industrial condominium unit directly from the builder or a resale condominium unit can be a confusing process, especially for first time buyers. By Maja Mitrovic If you are purchasing a new Unit, the builder will usually require you to sign the builder’s form of agreement of purchase and sale (the […]

Powers of attorney: Property and person

Although most individuals understand the importance of having a will, the importance of having a Power of Attorney for Property and a Power of Attorney for Personal Care is often overlooked. A Power of Attorney is a legal document that gives another individual the right to act on one’s behalf during the grantor’s lifetime. There […]

Disability access: are you totally compliant?

By David Alli   The Accessibility for Ontarians with Disabilities Act (AODA) came into law in 2005, and has continued to have a significant impact on private, public and not-for-profit businesses in Ontario. Organizations should be considering whether they have been compliant with the AODA, as there are significant monetary consequences for failing to do […]

Termination done right

Terminating an employee is one of the most difficult decisions employers face. Once the decision to terminate has been made, employers must consider the potential negative effects upon the employee, other staff, the organization’s reputation, and the threat of litigation. To avoid negative consequences, the conduct of the termination is as important as the decision […]

Expanded OHS obligations

By Cheryl A. Edwards and Jeremy Warning An incident in which a male spectator at a Toronto soccer match uttered a vulgar phrase into the microphone of a female television reporter has, again, generated intense public discussion regarding the issue of sexual harassment. This incident has added to the recent list of allegations of sexual […]