News & Events

August 14, 2017
Who will be affected by the proposed changes to income tax law?

Recently, the federal government proposed changes to income tax laws that represent a reversal of 45 years of tax policy and planning and that disproportionately affect family-run and closely-held small businesses. (Read more about the changes in our earlier blog post here.) The new rules target private corporations beca... Read More

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July 26, 2017
Sweeping changes proposed to the taxation of small businesses and their shareholders

On July 18, 2017, the Ministry of Finance released a Consultation Paper and draft legislation to curtail certain private company tax planning structures that are widely used by closely-held corporations and their shareholders. The changes are aimed at (1) preventing income splitting amongst a family (through a trust, or ... Read More

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July 14, 2017
Canadian Residency Requirements for Directors: What it Means to be “Ordinarily Resident”

For corporations incorporated federally or in Ontario, at least 25 percent of the directors must be resident Canadians. Where a corporation has fewer than four directors, then at least one director must be a resident Canadian. The Canada Business Corporations Act (the “CBCA”) and Ontario Business Corporations Act (th... Read More

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July 14, 2017
Supreme Court of Canada Upholds Global Take-Down Order Against Google

In a decision that will have far-reaching impacts across the Internet and the world, the Supreme Court of Canada confirmed that Google had to takedown both Canadian and foreign website listings that linked to content infringing on intellectual property rights. Google Inc. v Equustek Solutions Inc., 2017 SCC 34, the 7-2 d... Read More

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July 13, 2017
MindBridge Analytics Raises $4.3 Million Seed Financing

Ottawa-based MindBridge Analytics, which uses AI and machine learning to help identify and eliminate financial crimes, has announced a $4.3 million seed round. MindBridge’s funding was led by San Francisco-based 8VC, Montreal’s Real Ventures, and Mars IAF. The round also saw participation from serial entrepreneurs ... Read More

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