Insights

As you may know, Ontario is increasing the general minimum wage rate on October 1st. This latest rate is the result of changes to legislation that was passed in 2014 to tie annual minimum wage increases to the province’s Consumer Price Index. General [...]

On July 18, 2017, the Department of Finance released a comprehensive package of proposed legislative changes aimed at private corporations and their shareholders. These changes deal with long- standing practices available to private corporations and their shareholders, such as income splitting with family [...]

Very similar to the well-regulated Initial Public Offering (IPO), of a stock, the Initial Coin Offering (ICO) is an unregulated means of crowdfunding via use of cryptocurrency. During the ICO digital tokens or coins are given to early investors in exchange for money, [...]

We encourage all of our clients to write to the Minister of Finance (fin.consultation.fin@canada.ca) to provide feedback on the recent proposals to change the income tax rules for business owners.  Many good articles have been published, castigating the government for gutting small business [...]