HST, GST & PST Liability

THE SHAREHOLDERS AGREEMENT: The most important agreement of your Company!

First and foremost a contract, a shareholders agreement has all the ingredients thereof, for it to be binding and legal.  There is an offer and acceptance,...

PIERCING THE CORPORATE VEIL: The Doctrine of Alter Ego

I recently got a phone call from a client after he had been served with a law suit. He had entered into an agreement of purchase and...

CORPORATE LAW & THEORY: Examples of Share Classes (Rights & Restrictions) and Corporate Organization

Much too often I receive questions about the rights and restrictions that corporate shares carry with them, and what the concept of having different classes of...

DIRECTOR’S LIABILITY

Having regard to the wide scope of authority exercised by a company’s management (its directors and senior management officers), a broad range of duties and liabilities...

PROVINCIAL INCORPORATION: Deeper into Federal vs. Provincial

The provincial law in Ontario stipulates that a company doing business in the province should also incorporate there. Meticulously satisfying the incorporating requirements therein, along with advice...

SOME BASIC REAL ESTATE TAX STRATEGIES

Proactive and preemptive tax strategizing is important when filing an income tax return.  The income and excise taxation of Canadian real estate would primarily depend on...

NITTY GRITTIES OF FORMING A COMPANY

Registration is very different from incorporation. A company has to incorporate only once, but it has to register to carry on business in any and all...