Requirement for Private Ontario Corporations to Maintain a Register of Individuals with Significant Control – Part II
This is the second blog addressing the new requirement for private Ontario corporations to maintain a register of individuals with significant control over the corporation (the “ISC Register”). In my earlier blog, I outlined who individuals with significant control are, what information must be listed on the ISC Register, and where the ISC Register must […]
Ontario’s Small Estate Certificate
Losing a loved one is never easy and dealing with the administration of their estate can be a challenging and complex process, no matter the value of the deceased’s estate. With that said, the Small Estate Certificate, a process introduced by the court in 2021, can provide a more streamlined process for ‘small estates’ valued […]
The Availability of Interim Adjudication for a Terminated Contract
As detailed in another post, Ontario’s Construction Act creates a scheme for the quick resolution of construction disputes via an “interim adjudication”. However, there has been some confusion on the question of whether arbitration can be commenced when a project has been terminated or abandoned. The confusion exists because, under section 13.5(3) of the Act, […]
Specific Performance and Failed Real Estate Transactions for Investment Properties
Specific performance refers to the Court-ordered remedy that the parties must proceed with completing a real estate transaction. The recent Court of Appeal decision of 9725440 Canada Inc. v Vijayakumar (2023 ONCA 466), provides guidance as to when specific performance of an Agreement of Purchase and Sale is available and appropriate as a remedy for […]
A Look at Ontario’s Substantial Compliance Clause for Wills
A will is a legal document that outlines a testator’s wishes for the distribution of their property after they die. Section 4(2) of the Succession Law Reform Act (“SLRA”) sets out the execution requirements for a valid formal will in Ontario. These include: At its ends the will is signed by the testator or by […]
The Business of Preparation: Four Ways to Proactively Manage Risk for Your Sole Proprietorship
Throughout their small business journey, sole proprietors need to wear a wide variety of hats. On any given day, they can be all at once part salesperson, capital funding manager, human resources expert and even at the worst of times, tech support. And on top of it all – while new business owners are being […]
Changes to the Canada Labour Code: Important Information for Federal Employers
We are providing this information to remind all federal employers that on July 9th, 2023, numerous changes under the Canada Labour Code became effective, including the following: Information related to employment; Reimbursement of reasonable work-related expenses; and The requirement to provide menstrual products for workers. Employment-Related Information In accordance with the legislation, Employers have an […]
Significant Changes to Canada’s Environmental Protection Act
The federal government has recently made significant changes to the Canadian Environmental Protection Act (CEPA) which represent the first major overhaul of the statute in over twenty years. On June 13, 2023, Bill S-5 was passed by the Senate and received royal assent. Included in the new amendments for the first time is a recognition […]