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Wednesday, February 17, 2021 @ 11:56 AM

Stocking your resilience toolbox: Being proactive in managing stress | Rob De Toni

In my article published in The Lawyer’s Daily on Feb. 3 (see below for link), I wrote about how we can proactively strengthen our resilience by using the tools we already have at our disposal. I called it “stocking our resilience toolbox,” and I focused on the physical tools that we could stock our toolboxes with. So, what mental health tools should we put in? ... [read more]

Wednesday, February 17, 2021 @ 9:53 AM

Bill-78: Quebec moves toward more corporate transparency People examining all aspects of a corporation

True to its commitment to address tax avoidance, criminal activity and corruption, the Quebec government introduced Bill 78, An Act mainly to improve the transparency of enterprises (the bill) last December. The bill did not come as a surprise as it substantially replicates the proposed amendments already disclosed by the Quebec government in March 2020 as part of the 2020‑2021 budget. ... [read more]

Wednesday, February 17, 2021 @ 9:48 AM

New tax group partner for McCarthy Tétrault in Montreal

McCarthy Tétrault welcomed Michel Ranger as a partner in its national tax group in the firm’s Montreal office. ... [read more]

Thursday, February 11, 2021 @ 4:11 PM

Legal clinic suing Ottawa for refugees’ inability to get child benefit Avvy Go, Chinese and Southeast Asian Legal Clinic

An ethnic legal clinic in Toronto is suing the federal government over an inability of poor families with “precarious immigration status” to access the Canada Child Benefit. ... [read more]

Thursday, February 11, 2021 @ 1:26 PM

Stop making fun of lawyers, even when they are cats | Alistair Vigier

Over the past two days, since the “cat attorney” video went viral, the many videos of it collectively have over 13 million views. For those that haven’t seen it, here it is. ... [read more]

Thursday, February 11, 2021 @ 11:24 AM

What full cost accounting means in Nova v. Dow Three different sized stacks of coins

The Federal Court of Appeal decision in Nova Chemicals Corp. v. Dow Chemicals Co. [2020] F.C.J. No. 928 released on Sept. 15, has garnered a lot of attention and created much discussion in the intellectual property space. One of the primary reasons for this is because the decision deviated from past cases regarding the appropriate costs to be deducted from an infringer’s revenues under an accounting of profits remedy. ... [read more]

Tuesday, February 09, 2021 @ 3:07 PM

CRA simplifies home office expense deduction method for 2020 Man wearing mask sits at desk looking at phone and typing on calculator

The COVID-19 pandemic has meant many Canadians are adapting to remote work. In an effort to recognize this large-scale change, Canada Revenue Agency (CRA) has temporarily altered and simplified the eligibility requirements for deducting home office expenses for employees working from home due to COVID-19 in 2020. Previously, CRA’s deductibility requirements for employees working from home were much more restrictive than the new temporary rules which will apply for the 2020 tax year. ... [read more]

Tuesday, February 09, 2021 @ 1:30 PM

The Coach: Small firm succession planning part two | Gary Mitchell

In part one of this column, I covered the first three steps to succession planning: deciding on your timeline for retirement, increasing the value of your practice or firm, and branding/setting up a new legal entity. ... [read more]

Monday, February 08, 2021 @ 11:35 AM

Pretrial examinations in tax matters: Why not? Two people at table with open books and holding pens

Pre-trial examinations for discovery are a crucial step in reaching an out-of-court settlement that satisfies all parties. It is an opportunity to test the performance, and even the credibility, of the individuals who will be called upon to testify on the merits. ... [read more]

Thursday, February 04, 2021 @ 2:51 PM

Debt and taxes: Restructuring, settlement, assignment considerations Laptop with calculator and documents

Despite the downturn in many sectors of the economy due to the pandemic, dealmakers forge ahead hoping to find opportunities amidst the storm. For middle market private businesses, the tax considerations can often weigh heavily on how a deal is structured and indeed, the viability of the transaction in some instances. ... [read more]