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Tuesday, March 06, 2018 @ 7:05 AM

B.C. seeks public’s input on updating its freedom of information legislation Jim Fraser

The government of British Columbia has launched a new public engagement website to give residents a chance to provide input on how Freedom of Information (FOI) requests and privacy protection in the province operate. ... [read more]

Monday, March 05, 2018 @ 8:55 AM

Tax Views: Federal budget changes rules for investment income of private corporations | Vern Krishna

The federal budget of Feb. 27, 2018, (the Budget), robs Peter to pay Paul by changing the landscape for professionals who use private corporations to structure their businesses. The Budget reduces the small business tax rate from 10.5 per cent to 10 per cent for 2018, and to nine per cent for 2019 and beyond. The opportunities for tax deferral increase as the spread between small business tax rates, corporate investment income rates and top personal marginal rates increase. The Budget seeks to blunt the deferral opportunities that result. ... [read more]

Friday, March 02, 2018 @ 8:45 AM

Tax Views: Taxation of multinational enterprises | Vern Krishna

The taxation of multinational enterprises (MNEs) is of significant concern as countries are increasingly concerned with the erosion of their taxable base through profit shifting from high tax to low tax jurisdictions. Worries over tax avoidance led to the Base Erosion and Profit Sharing (BEPS) project by the Organisation for Economic Co-operation and Development (OECD). Encouraged by the heads of state of the G20 countries in 2013, the OECD drafted 15 BEPS action items. ... [read more]

Thursday, March 01, 2018 @ 1:17 PM

Legal profession overdue for #MeToo movement to end ‘inappropriate’ conduct by judges, lawyers: litigator Angela Chaisson

The legal profession needs to mobilize against sexual remarks and other “inappropriate” workplace conduct by judges and senior lawyers who exploit the vulnerability of junior lawyers and law students, says a feminist lawyer who fights to advance the rights of women and LGBTQ people. ... [read more]

Wednesday, February 28, 2018 @ 9:07 AM

Why wealthy Quebec immigrants settling in Vancouver and Toronto is a problem | Colin Singer

Thousands of wealthy candidates who come to Canada through the Quebec Immigrant Investor Program (QIIP) are settling in Vancouver and Toronto. These high net worth individuals are using the QIIP as a back door to Canada’s two most popular cities and are being blamed for driving up the housing markets in these major metropolitan areas. ... [read more]

Tuesday, February 27, 2018 @ 6:01 PM

Budget 2018 provides millions in new justice funding, expanded Unified Family Courts Liz Majic

The federal budget proposed for the coming fiscal year includes millions in new legal aid funding for sexual harassment and immigration and refugee law cases, support for 46 new federal judgeships — including 39 to expand the Unified Family Courts (UFC) in four provinces — and money to boost staff and services at the Canadian Judicial Council and at the registries of the Federal, Tax and Supreme Courts. ... [read more]

Friday, February 23, 2018 @ 9:28 AM

Law Society of Ontario approves Ryerson law school program Peter Wardle sm

Ryerson University’s proposed law school has reached another benchmark in the approval process as the Law Society of Ontario (LSO) has backed the Federation of Law Societies of Canada’s (FLSC) preliminary endorsement of the program. ... [read more]

Wednesday, February 21, 2018 @ 8:58 AM

Bitcoins, bubbles and your burden to the CRA bitcoin_tax_sm

Bitcoins (BTC) and other cryptocurrencies such as Dash and Ethereum have been on a proverbial seesaw in the financial markets. Many investors and speculators decided to get in on the action with Bitcoin even as dire warnings of a possible bubble were swirling, and some are sitting on real or paper losses. While it is certainly possible to use a fake name in setting up a digital wallet, as cybercriminals presumably do, the trail of the currency can be traced. Surprise! ... [read more]

Thursday, February 15, 2018 @ 11:56 AM

Appeal Court rules B.C.’s pension fund manager immune from federal taxation Craig Ferris, Lawson Lundell LLP

A lawyer representing a B.C. Crown corporation set up to manage a number of public sector pension plans is hailing a recent decision by the British Columbia Court of Appeal that it was immune from federal taxation, but also said questions remain as to the court’s ruling the body is bound to a number of taxation agreements the province entered into with the federal government. ... [read more]

Thursday, February 15, 2018 @ 6:48 AM

CBA in midst of revamp; downsizing expected at national office TLD Exclusive

Unbeknownst to most of its rank-and-file members, the Canadian Bar Association (CBA) is poised for a dramatic retooling this year that could cut its fees, pare down its national staff and “non-core” national activities and redirect more cash and delivery of member services to its provincial and territorial branches, The Lawyer’s Daily has learned. ... [read more]