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.

Business Law

ASC Prosecution and Settlement in Daylight Case Sets Troublesome Threshold For Insiders

On August 1, 2013, the Alberta Securities Commission (ASC) announced that it had concluded a settlement with former Daylight Energy Ltd. (Daylight) President and CEO Anthony Lambert (Lambert) related to...

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Tax Law

Rule Changes Target Personal Service Businesses

If you provide services through a corporation, or employ such persons, you should be aware that recent legislative changes have dramatically increased the tax risks of such arrangements. According to these...

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Tax Law

IRS Extends Offshore Voluntary Disclosure

On January 9, 2012 the United States Internal Revenue Service (“IRS”) announced the indefinite extension of the 2011 Offshore Voluntary Disclosure Initiative (“OVDI”). Because Canada is the great neighbour to...

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Business Law

Timing is Everything: Public Disclosure Obligations in M&A Transactions

Increased volatility in the financial markets and overall economic uncertainty continue to affect corporate planning and go-forward strategies. The drive to increase shareholder value may cause management to seek out...

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