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Published on: 13 Nov 2020 By

What real estate professionals need to know about incorporating

On March 4, 2020, Bill 145 received royal assent and amended and replaced the Real Estate and Business Brokers Act with the Trust in Real Estate Services Act (TRESA). The most significant amendment ushered in under TRESA is that real estate professionals are now permitted to carry on their business through their own Personal Real...

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Published on: 8 Mar 2019 By

New Corporations and Real Estate Deposits

From time to time a purchaser will want to purchase real estate before the corporation that will own the real estate is incorporated. The agreement of purchase and sale might be entered into by an individual “in trust for a corporation to be incorporated without any personal liability”. Does this change what happens to the...

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Published on: 16 Oct 2020 By

The Securities and Exchange Commission amends its whistleblower program

On September 23, 2020, the US Securities and Exchange Commission (“SEC”)  finalized changes to its highly successful whistleblower program (the “SEC Program”)1. Since it began, the SEC Program has paid over $500 million in total rewards to tipsters.  Earlier this June, one anonymous individual was handsomely rewarded with nearly $50 million for detailed evidence about...

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Published on: 8 Jul 2020 By

Update: Realtors, treat yourselves fairly

In our previous blog post titled “Realtors, treat yourselves fairly”, we discussed Bill 145, Trust in Real Estate Services Act, 2019, which would provide realtors with the ability to incorporate a professional real estate corporation. Bill 145 received Royal Assent and has been made into law. There is a lot of work required to be...

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Published on: 29 May 2020 By

Physicians and dentists: The process of incorporating a professional practice

Physicians and dentists in Ontario are permitted to incorporate a professional corporation through which they may practice their profession. There are significant benefits associated with incorporating, and most professionals choose to take advantage of these benefits by establishing a medicine professional corporation (MPC) or a dentistry professional corporation (DPC). MPCs and DPCs are governed by...

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Published on: 7 May 2020 By

Examination for discovery to proceed via video-conference

The legal landscape is changing: an examination for discovery has been ordered to proceed by way of video-conferencing in Arconti v. Smith 2020 ONSC 2782. One important procedural step in a legal proceeding, is examinations for discovery. It allows the parties to obtain important facts and evidence in support of the claims and defences being...

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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 that invests in crypto-assets, the...

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Published on: 1 Mar 2022 By (She/Her)

Choosing representation when you are injured

Being injured in an accident is stressful. Your focus should be on rest and recovery, but there are appointments to attend, forms to fill out, and calls coming in from your insurance company. You may consider hiring a lawyer to ease some of the burden. Before you do, there are some things to consider when...

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Published on: 1 Apr 2019 By

Final Report of the Environmental Commissioner of Ontario Focused on Energy Conservation

As of today, April 1, 2019, the Environmental Commissioner of Ontario’s (ECO) website reads:  From 1994 to 2019, the Environmental Commissioner of Ontario (ECO), an independent officer of the Legislature, reported on government progress on climate change, energy and other environmental issues. As of April 1, 2019, the ECO became a part of the Office...

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