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Published on: 13 Jan 2020 By

Understanding the differences between GDPR, CCPA, and PIPEDA – a guide for Canadian businesses

Gone are days of unregulated and untethered data gathering. With the rolling out of the California Consumer Privacy Act, Canadian businesses are now finding themselves navigating a sea awash with a patchwork of extraterritorial legislation. The laws are sometimes inconsistent, often vague, a…

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Published on: 9 Jan 2020 By

Establishing a medicine professional corporation: Who is permitted to own shares?

The Regulated Health Professions Act allows medical professionals to establish a corporation for the purpose of practicing medicine. Creating a Medicine Professional Corporation (MPC) may be financially beneficial for physicians since the tax rate of the corporation is much lower compared to…

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Published on: 2 Jan 2020 By

Coming up in 2020: Canada’s first public Bitcoin fund

This year is going to be a Happy New Year for The BitCoin Fund (the “Fund”), whose final prospectus was approved by the Ontario Securities Commission (OSC). It is the first public bitcoin fund to be cleared by any Canadian securities regulator.  The Bitcoin Fund is a public investment trust …

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Published on: 17 Dec 2019 By

Expanded tax on split income (TOSI) rules for professionals

Many professionals choose to incorporate a professional corporation to take advantage of the various tax benefits of doing so.  Professionals, such as physicians and dentists, who are permitted to include family members[1] as shareholders, have historically been able to benefit from income s…

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Published on: 16 Dec 2019 By

Advantages and disadvantages of franchising your business

If you’re reading this article, you’re probably considering franchising as a method of expansion for your business. You might be considering franchising as a result of your own research into expansion options for your business, or (as is often the case) you might be considering franchising b…

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Published on: 13 Dec 2019 By

‘Tis the Season: A Refresher on Social Host Liability

Another year is coming to an end. ‘Tis the season of holiday parties with friends, family, and colleagues. Amid this festivity, a reminder about the law on social host liability is apropos. The leading case on social host liability is Childs v Desormeaux[1], where the Supreme Court of Canada…

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