It’s never too early to incorporate

It is no secret that Canadians have been caught up in the start-up culture that has emerged across various industries. According to Innovation, Science and Economic Development Canada’s small business statistics, there are just over 1 million small businesses across the country, which employ approximately 8.2 million people that constitute 70.5 percent of private sector […]

Small claims court

Going to court can be expensive. However, in some circumstances, a lower-cost option is available. The Small Claims Court is a branch of the Ontario Superior Court of Justice that is designed to be a people’s court and a “court of equity.” It was created to increase access to justice by providing a more efficient, cost-effective, […]

Big labour changes here

At this point, many of us have heard about the increases to the minimum wage that have taken effect across the province of Ontario. This change is part of the Fair Workplaces, Better Jobs Act, also known as Bill 148, which is intended to update workplace laws across Ontario. Further, the increase to the minimum […]

Seller Beware?

Rocky residential real estate landscape Joseph and Anna Canuck are retired and living mortgage-free in their 2,100-square-foot bungalow in Vaughan, Ont. After years of home ownership, they have decided to downsize by mov- ing into a condominium. On the advice of their realtor, they list their home for sale on March 10, 2017, asking $710,000 […]

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 […]

High heels: 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 shareholders don’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. Justin has always been more […]

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 […]