It is ideal that your small or medium sized businesses be incorporated. Most of these businesses are controlled by just one person, a family, or maybe a small group of owners. We call these closely-held private companies. When the Canada Revenue Agency audits a closely-held private company, they pay particular attention to transactions involving the […]
When a business hires an employee, a contract is formed. It does not need to be written and the law will set out a number of implied terms of that relationship. It will often be prudent however, that the contract be committed to writing. A written employment contract is a means to outline the terms […]
Entering into a business partnership is common for entrepreneurs, especially when they find someone with similar ideas and ambitions. But ideas change, ambitions transform and partnerships can grow cold. A partnership can go bad for many reasons. Regardless of the issue, it’s critical for both you and your business partner to move forward in a […]
No matter the size of your company, contracts will be a crucial aspect of your business. You will need them to get started, and you will need them to grow. You may need contracts with vendors, employees and clients in the course of operations. It is essential that these contracts be legally binding and advantageous […]
Starting a business is a daunting, but exciting time that will almost certainly require some form of legal advice. Each person undertaking this process will have different needs and concerns. First Nations entrepreneurs might find that they require legal counsel that understand their unique business needs, and the distinct legal questions they might have. One […]
With the emergence of Covid-19 and its variants, followed by gathering restrictions and lockdowns, and increasing costs such as higher minimum wage, it has become increasingly difficult for businesses to keep up with the bills. Many businesses are now being forced to consider bankruptcy. Generally, businesses can go bankrupt in one of three ways, the […]
On October 17, 2018, the Canadian government officially legalized cannabis for non-medical use. This inevitably posed some unprecedented challenges and unique questions for employers. It is now three years later, and questions still remain. As an employer, you may have asked yourself some of these complicated but necessary questions: Do I have to accommodate an […]
When purchasing a home in Ontario, more often than not you will be obtaining title insurance. Title insurance is a type of insurance policy that protects homeowners (and lenders) against any loss related to their property’s title or ownership. If you have such title insurance, your lawyer can and will omit certain searches on the […]
Conflict arises in business settings as much as any other. Litigation is often the chosen course of action, and even contractual arbitration might be an option. However, it is important to remember that mediation is not just for divorce. It has proven more and more to be the best dispute resolution for many disputes.
As most every contractor will be aware of, but not enough homeowners and tenants will know, when a contractor makes improvements to a property they may be entitled to a “lien” on that property, effectively giving a contractor a security interest in the property as a sort of collateral. While the lien technically exists once […]
