Blockchain and Cryptocurrencies in 2018: The Good, the Bad and the Ugly
2017 was a remarkable year for crypto. At the beginning of the year we saw people outside of the Blockchain community start to take notice. Then we saw institutions take notice. Then we saw governments start to…
How will the Changes to the Employment Standards Act Affect my Business?
If you are running a business, or are an employee, recent changes to the Ontario Employment Standards Act (“ESA”) will have an impact on you. The following is a summary of several changes to the ESA, many of…
Are Cryptocurrencies Subject to Sales Tax?
The use of Cryptocurrencies in Canada continues to gain popularity, but as its use cases proliferate, the regulators, including the Canada Revenue Agency (“CRA”), are struggling to provide answers for how certain…
Ontario Securities Commission Takes It’s First Crack at Regulating a Token Generation Event
Many of you may recall that in March 2017 the Ontario Securities Commission (“OSC”), on the coat tales of its American counterpart, released “Staff Notice 46-307 – Cryptocurrency Offerings” (the “Notice”). We…
Are Cryptocurrencies Securities?
The recent explosion of crowd sales for Blockchain-based businesses has resulted in the raising of tens of millions of dollars through the sale of cryptographic coins and tokens, known as cryptocurrencies. Earlier this…
The Risks Of Accepting Cryptocurrency As Payment
There has been a lot of hype around the Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) lately. Crypto-Currencies are digital currencies which exist on a shared, decentralized ledger, and work…
What Are Cryptocurrencies & How Will They Affect My Business?
Cryptocurrencies, such as Bitcoin, Litecoin, Ripple and Ether, have been making headlines lately, but not for the right reasons. They usually make headlines because of spectacular gains in value or, even more headlines…
Should I Incorporate in the United States?
The United States is Canada’s largest trading partner and thus a very appetizing market for Canadian businesses. Many Canadian companies and individuals looking to invest in or emigrate to the US often…
The Wonders of a Holding Company
The “Holding Company” has become like a legendary creature amongst Toronto entrepreneurs. It is poorly understood, and often used improperly. As our earlier articles have shown, the Shocking Myth believed…