How Should You Finance Your Small Business – Debt or Equity?
October 26, 2021How Should You Finance Your Small Business – Debt or Equity? Often the fact that an influx of capital is needed is not a hard question to answer. It’s generally
Small Business Deductions | Associated Corporations
October 26, 2021What is a small business deduction and how does it apply to associated corporations? If you are a small business owner of a Canadian Controlled Private Corporation (CCPC), with less
Employment Considerations in Mergers and Acquisitions
August 11, 2021Employment Considerations in Mergers and Acquisitions When considering an acquisition of a Canadian business, due diligence related to employment and labour matters is critical as there are various issues that
PPSA – Know Your Security Registration
August 2, 2021PPSA – Know your Security Registration The Personal Property Security Act (Ontario) (“PPSA”) (the “Act”), offers a complete set of regulations to control creditors’ and debtors’ rights when personal property
Why a Section 85 Rollover is Recommended for Holding Companies
August 2, 2021On the Roll Again – Why a Section 85 Rollover is Recommended for Holding Companies Section 85 rollovers are a preferred method of transferring assets from one entity to another
Starting a business without commercial space
August 2, 2021Starting a business without commercial space Securing commercial space is generally a prerequisite to operating a business. Zoning laws typically restrict setting up a commercial entity outside of a commercially
Section 85 Rollovers
August 2, 2021Section 85 Rollovers Brief Summary Section 85 of the Income Tax Act (“ITA”) is an important tool in the tax arsenal of corporations. It can be used in many instances
Earn-outs
July 8, 2021Earn-Outs It is not uncommon for purchasers and sellers to disagree on the price of a business. This is especially true today in the face of economic uncertainty resulting from
Employment Insurance Eligibility for Corporate Shareholders
July 8, 2021Employment Insurance Eligibility for Corporate Shareholders Employment Insurance eligibility while holding shares in a corporation Pandemic related restrictions forced a significant number of Canadians into unemployment. Out of work, many
Officers’ Duties and Responsibilities Within a Canadian Private Corporation
July 8, 2021Officers’ Duties and Responsibilities Within a Canadian Private Corporation There is a common breakdown of managerial power and control distributed within the organization of Canadian Private Corporations. Directors are in
