NFTs and the Law

When we assist clients in estate planning (e.g., often including the preparation of a last will and testament, a representation agreement, an inter vivos trust, and an enduring power of attorney), many questions arise and many issues need…

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Commonly Used Non-Fungible Token (“NFT”) Terms

A glosary of commonly Used Non-Fungible Token (“NFT”) Terms

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Employee Ownership Trusts – Part 2

In our April 22, 2022 blog post, we discussed the Canadian Budget 2022 announcement, regarding the introduction of a new special purpose trust, the “Employee Ownership Trust”, under the Income Tax Act (Canada), to encourage employee ownership of…

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Canada – Budget 2022 Implementation

Bill-19 includes an outright ban on foreign investment in Canadian housing for the next two years, as well as the luxury tax on the sale of new luxury cars and aircraft. It also allows the government to seize…

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Federal Anti-flipping Tax Intended to Cool Housing Prices

The Federal Budget issued on April 7, 2022 proposes that all profits from the sale of residential properties held for less than 12 months would be considered business income. This rule would apply to all properties sold on…

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Employee Ownership Trusts – Canada

Budget 2022 proposes to create the Employee Ownership Trust: a new, dedicated type of trust under the Income Tax Act (Canada), to support employee business ownership in Canada.

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BC Creates Homebuyer Protection Period

Amendments to the Property Law Act introduced on Monday, March 28, 2022, will enable the creation of a new Homebuyer Protection Period to protect people buying a home in a challenging real estate market.

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CANADA: Twenty percent Purchase Tax on Luxury Goods

The Canadian federal government has released draft legislation for a new tax on the sale of new luxury cars and aircraft with a retail sale price over CAD$100,000, and new boats over CAD$250,000. The tax will be the…

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Report on the Charities Program 2020 to 2021

If you are involved in the Charity sector, or work for or are engaged in the governance of a Canadian Charity, this report is an invaluable source of Canadian Charity related information.

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Plan for Success – Build an IP Strategy

The Canadian Intellectual Property Office has launched a new online learning module to help guide you along the process of building an intellectual property (IP) strategy to align your IP assets and business goals in order to maximize…

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