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Wednesday, July 14, 2021 @ 2:10 PM

Canada expands Students Direct Stream to Central, South America after surge in applications Map of Canada on a school chalkboard

An education at a Canadian college or university is a prized commodity for students from around the world thanks to the high academic standards, stellar global reputation, welcoming campus culture and great post-graduation work opportunities on offer. ... [read more]

Wednesday, July 14, 2021 @ 8:29 AM

When it’s time for a trust to follow beneficiaries south Hand shielding money with an umbrella

In the estate context, it’s not easy dealing with trusts where U.S. beneficiaries are involved. U.S. beneficiaries can seriously complicate an estate plan, particularly regarding ongoing trusts. In a previous article, Estate Planning When a Child Moves to the U.S., I discussed the tax implications and Canadian tax filings which can arise where there are U.S. resident beneficiaries of a Canadian estate. This article discusses the potential for migrating a Canadian trust to the U.S. where the trust has U.S. beneficiaries. ... [read more]

Tuesday, July 13, 2021 @ 8:35 AM

Wellness: Five money lessons every young lawyer should know | Darryl Singer

Like it or not, money factors into so many parts of our careers as lawyers. As a mentor to countless students and juniors over the years, I have come up with a number of pieces of financial wisdom which I now routinely pass along to all of them. ... [read more]

Monday, July 12, 2021 @ 1:44 PM

Top legal tech trends to watch for in 2021  Lawyer looking into future with telescope

Digitization continues to change the world at a fast pace. Digital technology has played a significant role in every aspect across businesses and industries, influencing time management, productivity, costs, etc. If we talk about the legal sector, legal professionals are becoming more open to and comfortable with technology. They recognize the benefits of streamlining time-consuming tasks and increasing work efficiency using various legal software programs. ... [read more]

Thursday, July 08, 2021 @ 2:37 PM

B.C. foreign buyer’s tax constitutional, Appeal Court rules Geoffrey Loomer, University of Victoria

The B.C. Court of Appeal has ruled the province’s tax on foreign buyers of real estate to be constitutional, rejecting arguments that it both intruded on federal powers and discriminated against people of Chinese origin. The foreign buyer’s tax was brought in as part of amendments to the provincial Property Transfer Tax Act in 2016 and aimed at cooling the province’s hot housing market. ... [read more]

Thursday, July 08, 2021 @ 8:26 AM

Small changes to Canadian border restrictions mean reopening may be close Canada opens stamped on a COVID virus

U.S. and Canadian citizens are finally receiving sure signs that the border may be reopened soon. After being closed for nearly 15 months, many believed the border between the nations would reopen on June 21. The countries’ leaders decided to extend the closure rather than reopen. Now, with the announcement of some Canadian restrictions being eased early this month, there is some indication that a reopening could come sooner rather than later. ... [read more]

Monday, July 05, 2021 @ 9:52 AM

Implications of blockchain for lawyers Bitcoin eroding away

It has been demonstrated that the blockchain, and smart contracts in particular, have the capacity to drastically reduce time and costs associated with centralization. As a result, blockchain poses a threat to many institutions including banks, through the development of decentralized finance (DeFi) and peer-to-peer lending, insurance companies, through parametric insurance and certain types of bureaucracies that are responsible for creation and management of state-issued identifications such as driving licences and passports through projects such as ICON (ICX). ... [read more]

Monday, July 05, 2021 @ 8:41 AM

Emerging from pandemic: Vaccinations, quarantine and Canadian immigration Woman booking a flight online

When the Canadian government introduced new vaccine quarantine exemption rules for fully vaccinated eligible travellers, immigration lawyers and their clients were ecstatic. ... [read more]

Friday, July 02, 2021 @ 2:33 PM

How lawyers can can capitalize on smart contract revolution Bitcoin eroding away

The cumulative market cap of cryptocurrencies as an asset class grew around 300 per cent in 2020 to somewhere around $1.5 trillion, with bitcoin (BTC) leading the pack with a market cap of over $1 trillion. However, whilst it is true that BTC dictates and dominates the cryptocurrency market, it is crucial to distinguish BTC and cryptocurrencies themselves from blockchain as an underlying technology. ... [read more]

Wednesday, June 30, 2021 @ 4:11 PM - Last Updated: Wednesday, July 21, 2021 @ 8:55 AM

Justice Abella: Voice of the vulnerable | Lawrence David

When Justice Rosalie Silberman Abella retires from the Supreme Court of Canada on July 1, she will leave the court as one of the most impactful judges in its history and as the longest serving judge in the Canadian judicial system. ... [read more]