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…
BC Ends Rental and Age Restrictions for Strata Properties (Updated)
Amendments to the Strata Property Act will end all strata rental-restriction bylaws, limit age-restriction bylaws, and add Provincial and City tax costs to strata owners.