If you’re considering retirement or expanding your farming operation, a joint venture arrangement may give you some much-needed flexibility and offer tax advantages.
A joint venture has some similarities to a… Read More
The Government of Alberta has announced a new Agri-processing Investment Tax Credit (AITC) to promote investment in the province’s agriculture and agri-processing sectors. The AITC will provide a 12% non-refundable… Read More
This blog provides an overview of estate freezes, what an estate freeze is, the tax and non-tax benefits, and the negative consequences of freezing too early.
What is an Estate Freeze?
Estate… Read More
This article was prepared with the assistance of summer student Cole Shrimpton.
Corporate directors who resign from their positions without providing adequate written evidence of that resignation to the corporation and… Read More
This article was drafted with the assistance of summer law student Eric Turcotte.
In the recent decision of Canada (Attorney General) v Collins Family Trust, 2022 SCC 26 [Collins Trust], the Supreme Court of… Read More
As the second quarter of 2022 comes to an end, the Canada Revenue Agency (CRA) has announced increases to its prescribed annual interest rates to address the soaring rates of… Read More
This blog was originally published on June 4, 2021 and has been updated to reflect changes.
Eligible employers may continue to access the Canada Recovery Hiring Program to subsidize the additional… Read More
Effective October 24, 2021, the Canada Emergency Wage Subsidy was replaced by two new programs.
Update: On December 17, 2021, Bill C-2 received Royal Assent which ended the Canada Emergency Wage… Read More
This blog was originally published on June 15, 2021 and has been updated.
Update: On July 19, 2021, the Department of Finance clarified its position regarding the status of Bill C-208.… Read More
The Real Estate Services Act and its accompanying regulations (collectively, “RESA”) will come into force on January 1, 2022. One of the many changes brought about by RESA is the… Read More
