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Thursday, June 18, 2020 @ 2:02 PM

The reopening: Rundown on franchise system changes system_changes_sm

As businesses start to reopen more fulsome operations, retail franchises may need to implement changes to their premises and sometimes to their systems and even business models. Changes may range from the simple addition of safety fixtures on the premises, to adding new product lines or delivery methods. Franchisees, in turn, may be required to make these changes to their operations, often at a significant cost. ... [read more]

Wednesday, June 17, 2020 @ 4:28 PM

Trudeau government to give economic ‘snapshot’ to nation

The federal government will be providing a “fiscal snapshot” of COVID-19’s impact on Canada’s economy, what has been done to soften the blow and what the short-term future may hold. ... [read more]

Wednesday, June 17, 2020 @ 2:41 PM

Tax planning strategies in a market downturn: Loss Two people with calculator

In our last two articles, we discussed tax and estate planning and asset-protection strategies for taking advantage of lower business and asset valuations brought about by COVID-19 and reducing creditor and liability risk, respectively. This week, we will overview certain strategies that can minimize the immediate or eventual tax consequences of this downturn for businesses. ... [read more]

Wednesday, June 17, 2020 @ 2:28 PM

Ontario extends emergency orders to June 30

The Ontario government has announced the extension of all emergency orders until June 30. ... [read more]

Wednesday, June 17, 2020 @ 2:25 PM

Alberta legislation aims to safeguard businesses from eviction

Alberta has introduced legislation to safeguard businesses from eviction as the province continues to deal with the effects of the COVID-19 pandemic. ... [read more]

Wednesday, June 17, 2020 @ 1:55 PM

Why commercial realities matter in contractual rectification contract_gears_sm

In 2016, the Supreme Court of Canada affirmed in Canada (AG) v. Fairmont Hotels 2016 SCC 56, that contractual rectification is available to correct written contracts which inaccurately record the parties’ bargain. ... [read more]

Wednesday, June 17, 2020 @ 11:44 AM

Judicial review not remedy to correct margin of dumping in Canada Shipping containers at harbour

Angang Steel Company Limited and Angang International Trade Corporation brought an application for judicial review before the Federal Court of Appeal under paragraph 96.1(1)(b) of the Special Import Measures Act (SIMA). Angang challenged the final determination of dumping made by the president of the Canada Border Services Agency with respect to the importation of corrosion-resistant steel sheet, arguing that the margin of dumping was too high. ... [read more]

Wednesday, June 17, 2020 @ 10:51 AM

Legalities surrounding impact and benefit agreements Arctic Beauty.jpg

Impact and benefit agreements (IBA) are a mechanism that enables a proponent who wants to develop resources on traditional Indigenous lands and territories to seek the support of the Indigenous party for that development. IBAs do not replace the Crown’s duty to consult, but the Crown typically delegates procedural aspects of consultation to third parties, including proponents. ... [read more]

Tuesday, June 16, 2020 @ 3:33 PM

Canada emergency benefit extended for eight weeks

The federal government on June 16 announced that it is extending the Canada Emergency Response Benefit (CERB) by eight weeks, to ensure Canadians have the help they need as they transition back to work. This extension will make the benefit available to eligible workers for up to a total of 24 weeks. ... [read more]

Tuesday, June 16, 2020 @ 3:33 PM

COVID-19 class actions: More the merrier, apparently Lawsuit paper

By some counts, there have been between 17 and 33 class actions commenced in the past few months in Canada that are based on or arise out of the economic disruption caused by the COVID-19 pandemic. ... [read more]