Understanding the Impact of Commercial Rent Deferrals on Landlord GST/HST Remittance Obligations
As the COVID-19 crisis continues, businesses have largely closed on a temporary basis to comply with public health orders across all provinces (though we are now seeing provinces begin to […]
Freeze (or Re-Freeze): Come Out of the COVID-19 Crisis With Your Hands Up (in a Victory Pose!)
With the exception of a few businesses (e.g., hand sanitizer and toilet paper manufacturers), the COVID-19 crisis has had a material detrimental impact on the current value of a business. […]
WeirFoulds represents Kontrol Energy in completion of $3M secured loan financing
On October 31, 2019, Kontrol Energy Corp. (CSE: KNR, OTCQB: KNRLF, FSE:1K8) (“Kontrol”) announced the completion of a $3 million secured loan financing (the “Loan”) with FirePower Capital. The indicative […]
WeirFoulds represents XAU Resources Inc. in recent IPO
On July 18, 2019, XAU Resources Inc. (TSXV: GIG.P) announced its completion of an initial public offering of 4,411,500 common shares of the Corporation (the “Common Shares”) at a price […]
WeirFoulds recognized in the 2019 Canadian Legal Lexpert Directory
WeirFoulds is pleased to announce that 22 of our lawyers have been recognized in 14 different practice areas in the 2019 Canadian Legal Lexpert Directory. Each lawyer was selected based […]
Budget 2019 In-Depth: Pending Proposals to Limit Preferential Tax Treatment of Employee Stock Options
The 2019 Federal Budget announced the Canadian government’s intent to limit the preferential tax treatment afforded to employee stock options that are granted to “high income individuals employed at large, […]
All that Glisters is Not Tolled, but is the Story Fully Told?
On October 10th, 2018 the Ontario Court of Appeal released its decision dismissing the appeal in the case of National Money Mart Company v 24 Gold Group Ltd., 2018 ONCA […]
WeirFoulds Lawyers Recognized in the 2018 Canadian Legal Lexpert® Directory
Glenn W. Ackerley, Raj Anand, Sandra Astolfo, Denise Baker, Lisa A. Borsook, Clare E. Burns, Jeff G. Cowan, M. Jill Dougherty, Lori M. Duffy, Robert Eberschlag, Bryan Finlay QC, Jordan Glick, Nikiforos Iatrou, James G. Kosa, Barnet H. Kussner, W. A. Derry Millar, J. Gregory Richards, Max […]
WeirFoulds represents Optiv Security in acquisition of Conexsys
On November 13, 2017 Optiv Security, a market-leading provider of end-to-end cyber security solutions announced that it is continuing to accelerate its growth strategy by acquiring Conexsys, a Toronto-based security […]
Government Backtracks on Anti-Surplus Stripping Proposals, and Looks to Develop Alternative Proposals
Happily, on October 19, 2017, the Federal Government announced it is not proceeding with yet another measure in its July 18 proposals this time, the anti-surplus stripping proposals. Earlier in […]
Proposed Tax Measures to Limit Deferral Benefits of Acquiring Passive Investments in Private Corporations
On October 18, 2017, the Federal Government announced its intention to introduce measures to limit the deferral advantage associated with a private corporation using active business income to make passive investments (the […]
Government Backtracks on Certain Income Tax Proposals Impacting Private Corporations and their Shareholders
On October 16, 2017, the Federal Government announced its intention to lower the small business tax rate from 10.5% to 10 per cent, effective January 1, 2018, and to 9 […]
Beware: Proposed Tax Changes May Require you to Act Now
In a prior Client Alert, we summarized tax proposals released on July 18th, 2017 that will, if enacted as proposed, significantly change the tax rules for private corporations and their shareholders. In […]
Sweeping Tax Proposals to Impact Private Corporations, Their Shareholders (including Family Trusts) and Post-Mortem Tax Planning
On July 18, 2017, becoming or staying an employee (particularly a government employee) became more attractive. That is the date the Trudeau government released the consultation paper that was promised […]
Another Success for the WeirFoulds Tax Litigation Group
On September 28, 2016, the Tax Court of Canada released the judgment in the matter of 2187028 Ontario Inc. v. Her Majesty The Queen. Ryan Morris, Tax Co-Chair at WeirFoulds, […]