WeirFoulds Represents Honeywell in the Acquisition of COM DEV International’s Space Hardware and Systems Business
On Thursday, February 4, 2016, Honeywell (NYSE:HON) completed the previously announced acquisition by plan of arrangement of COM DEV International Ltd. (TSX:CDV), a leading satellite and space components provider of switches and multiplexers.
Vacant Spaces: Challenges in the Economic Climate
In the challenges facing landlords in the current economic and market conditions, the municipal tax treatment of vacant space is not to be forgotten as some relief available for the carrying costs of vacant space. The Municipal Act, 2001 and the City of Toronto Act, 2006 both require vacancy rebates to be provided for eligible commercial and industrial premises.
Estate Alert – Common Misconceptions about Joint Accounts and Joint Ownership
Elderly parents will often put their money into bank accounts held jointly with their adult children, or transfer real property into a joint tenancy with one or more of their adult children. Sometimes, this is done for expediency so that an adult child can help manage the asset. In other cases, this is a planning technique used to avoid estate administration tax when the parent dies.
Estate Alert – Planning for Custody and Financial Support After Death
Parents with minor children have specific estate planning concerns. One such concern is how to provide financially for the children if one or both parents die. Another concern is who will care for and raise the children should both parents die at the same time.
Estate Alert – 2015 Federal Budget Highlights
Yesterday the Minister of Finance, the Honourable Joe Oliver, presented the federal budget for 2015-2016 (“Budget 2015”) in the House of Commons. The following is a summary of some of […]
Proceedings involving the OSC: 10 Things Every Dealer Should Know
Complying with regulatory obligations under securities law is a top priority for exempt market dealers (“EMDs”) across Ontario who want to avoid proceedings involving the Ontario Securities Commission (“OSC” or […]
Cancana Announces Strategic Plan to Spin Off of Its Gold and Diamond Assets and Sets Date for the Annual Meeting of Its Shareholders
WeirFoulds’ Rajeev Dewan has been retained as Cancana’s Canadian capital markets legal advisor. Click here for the complete article.
What You Need to Know: Changes to Ontario’s Estate Administration Tax Act
The holiday season offers a rare opportunity for family members to come together to discuss important issues, including the often uncomfortable topic of estate planning. This year, it is important […]
Case Law Update: i Trade Finance Inc v Bank of Montreal
Secured Transaction Personal Property Security Act Equity Fraud
Can You Create An Economic Disincentive to Litigation from Beyond the Grave
On June 28, 2016, before breaking for the summer, the City of Toronto’s powerful Executive Committee met and reviewed an earlier study by KPMG which looked at various new revenue-generating policy proposals with an eye towards addressing the City’s estimated $582 million operating shortfall for 2017.
The Duty of an Attorney to Account
In assessing whether to pursue estate litigation, parties must always consider who will pay the resulting legal costs.
Municipal Elections Expenses: Greater Clarity For Audit Procedures
Important guidance on how the Municipal Elections Act (“MEA”) should be interpreted and applied where a candidate’s election expenses are subject to an audit.
Dealing With Construction Liens
Jackhammers, nail guns, power saws ah the sounds of fall in the city. Recent reports estimate that residential real estate values will increase by 9.5 % this year, and that the average home price in Canada will top $300,000 for the first time. And we already know the state of affairs in commercial construction (especially in Calgary and Vancouver). But did you know that one of the natural consequences of construction is you guessed it!….the construction lien?