What are Shareholders, Officers and Directors and Should I be One?
There are several reasons why incorporation may be the right answer for your business, but once you have decided to incorporate, there are several more questions that arise. One of the most important questions…
Should you Incorporate a Federal or Provincial Corporation?
Incorporation offers liability protection, continuity and tax benefits for people looking to start their own business. Once you have determined that incorporation is right for you, the first step in the process is deciding…
Working from Home during Covid-19: Are You Becoming an Independent Contractor?
One of the most profound results of the Covid-19 pandemic has been the effect it has had on the composition of the workplace. Working remotely has forced employers to move to a task-based measure of labour…
Business Leases in the Time of Covid: What you Need to Know!
Even with the “work from home revolution” caused by the Covid-19 pandemic, many businesses still need space for inventory, operations, retail facilities and for a plethora of other reasons. The Ontario Commercial…
What is “Decentralized Finance” and What are the Risks?
Decentralized Finance (DeFi) refers to any financial activity, from applying for a loan to trading stocks, which is built using decentralized ledger technology. This is the same technology upon which Bitcoin and other…
Capital Gains Surplus Stripping: Is It Worth It?
Over the last few years many professionals, including doctors, lawyers and small- to mid-sized business owners, have been taking advantage of a tax-efficient way of withdrawing cash from their corporations…
What Are Crypto/Digital Assets And How Can They Be Taxed?
Thinking about buying or selling digital, or “cryptographic” assets such as Bitcoin, Ethereum and other cryptocurrencies? Does your business already deal in digital assets? Regardless of whether you’re an investor or…
The Lay-offs are Coming! How to Deal with Dismissal or Termination in a Recession
Canada has experienced incredible economic growth over the last decade. That growth may now be coming to a slowdown, and if some of the major bank analysts and economists are right, Canada is heading into…
Blockchain Year in Review: The Late, but not great, 2018
As the sun sets on 2018, I hear echoes of what optimists have been saying about cryptocurrencies over the past several years, that they are to blockchain what email is to the internet: the first use…