Business Resilience Service Launched to Advise Businesses on Government Relief Programs
The Canadian Chamber of Commerce’s Canadian Business Resilience Network, in partnership with the Government of Canada, in collaboration with EY, and with support from the Chartered Professional Accountants of Canada and Imagine Canada recently launched the Business Resilience Service. The Business Resilience Service helps small- and medium-sized businesses, not-for-profits, and charities navigate the available government […]
City of Ottawa Releases Business Reopening Toolkit
On May, 20, 2020, the City of Ottawa released the Business Reopening Toolkit to offer guidance to businesses that prepare to recommence operations safely as Ontario begins reopening the economy. The toolkit provides sector-specific information with respect to: restaurants and food services; construction; retail; arts, culture, festivals, and events; manufacturing; office; healthcare providers and personal […]
Ontario to Allow Additional Businesses to Reopen
On May 14, 2020, the Ontario government announced that the first stage of the government’s reopening of the province will tentatively begin early next week. The news release can be found here. Beginning on Tuesday, May 19, 2020 at 12:01 a.m., the following businesses, among others, can reopen: · Retail businesses that are not in […]
Canada Emergency Commercial Rent Assistance Program (Updated September 23, 2020)
On April 16, 2020, Prime Minister Justin Trudeau announced the creation of a new program, the Canada Emergency Commercial Rent Assistance, to help small businesses that are commercial tenants with paying their rents for the months of April, May, and June 2020. This program “will seek to provide loans, including forgivable loans, to commercial property […]
Property Management Services Deemed Essential
On March 23, 2020, the Province of Ontario issued a list of essential workplaces that may stay open as of Wednesday, March 25, 2020. The list of essential workplaces can be found here. All non-essential workplaces were ordered to be closed as of March 24, 2020, at 11:59 pm, although they are not being precluded […]
Why Your Asset Purchase Agreement Should Be Well-Drafted – Part II
This is the second blog addressing the decision of the Ontario Superior Court of Justice in Jonathan’s – Aluminum & Steel Supply Inc. v. Retail Alloy Metal & Plastic Plus Ltd. (Oct. 20, 2015), 259 A.C.W.S. (3d) 471, a case that highlights the importance of a well-drafted asset purchase agreement. The Facts Jonathan’s – Aluminum […]
Why Your Asset Purchase Agreement Should Be Well-Drafted
I am often reminded of the importance of having a well-drafted asset purchase agreement. A few years ago, the decision of the Ontario Superior Court of Justice in Jonathan’s – Aluminum & Steel Supply Inc. v. Retail Alloy Metal & Plastic Plus Ltd. (Oct. 20, 2015), 259 A.C.W.S. (3d) 471, highlighted why it is so […]
Must a Commercial Lease be in Writing?
While oral agreements, whereby the parties agree to benefit each other in some manner, are generally valid, there are circumstances where a written agreement must be in writing to be enforceable, and these include most, but not all, commercial leases. Statute of Frauds In Ontario, the Statute of Frauds, R.S.O. 1990, c. S.19, requires that any […]
