Insights

The practice of law is changing every day, and the effect of changing legislature on businesses is significant. We write about recent developments in the world of tax & business law, keeping a watchful eye on the changing landscape for our clients. See what we’re thinking about, and what your business should be looking out for.

  •  (1)By February 03 2012
    Tax LawA Mild RRSP Season - Except for the Advantage Rules

    This RRSP season, taxpayers and their advisors should be aware of a change in the RRSP rules enacted as a result of the 2011 Federal Budget. These new "advantage rules" target tax avoidance schemes and other structures that most taxpayers would not be involved in, but these rules also set a trap for the unwary. If the advantage rules apply, the Canada Revenue Agency ("CRA") may impose a penalty tax of 100%.

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  • Joe Headshot (1)By Joe BrennanJanuary 27 2012
    Business LawMailing Annual Financial Statements to Shareholders of Canadian Reporting Issuers

    As we approach the upcoming AGM and annual financial statement filing season, Canadian reporting issuers (sometimes referred to as public companies) should be mindful of their obligations regarding the mailing of annual financial statements (and related MD&A) to their shareholders as there is a subtle difference between the requirements in Canadian securities legislation and the requirements in applicable corporate law.

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  • Joe Headshot (1)By Joe BrennanDecember 13 2011
    Business LawNew Executive Compensation Disclosure Requirements for Canadian Public Companies

    Directors and officers of Canadian public companies, and compensation committee members in particular, should be aware that the Canadian securities administrators have recently implemented amendments to the executive compensation disclosure requirements for Canadian public companies that will be applicable for the upcoming AGM season.

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  • Joe Headshot (1)By Joe BrennanAugust 13 2011
    Business LawProposed New Rule to Streamline Disclosure Obligations for Venture Issuers

    The Canadian Securities Administrators (“CSA”) recently published for comment proposed National Instrument 51-103 Ongoing Governance and Disclosure Requirements for Venture Issuers that will, if adopted, introduce a new mandatory regulatory regime for venture issuers. 

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