Insights

Selling your partnership interest? The possible impact of subsections 100(1) and (2) of the Income Tax Act

Tax Notes

When a partnership interest is sold by a taxpayer, the taxpayer may realize a capital gain to the extent the taxpayer’s proceeds of disposition for the partnership interest exceed the total of the adjusted cost base (the “ACB”) of the […]

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( Available in French only )

Licence RBQ : Un élément essentiel à considérer en appel d’offres!

Construction Newsletter - Quebec

Introduction Il est connu dans l’industrie de la construction que, pour exercer ses activités, un entrepreneur doit détenir la licence appropriée (ci-après « Licence RBQ ») émise par la Régie du bâtiment du Québec. La Loi sur le bâtiment[1], qui est d’ordre […]

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Property assessments in Quebec: Deadline to challenge assessed value is April 30, 2023

Construction Newsletter - Quebec

Are you an owner or tenant of a commercial, industrial or institutional building and feel that the assessment of your property is too high? April 30, 2023 is the deadline to challenge this assessment. Property values in Quebec have increased […]

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CSA enhances regulation of unregistered crypto asset trading platforms

Securities Practice Notes

On February 22, 2023, the Canadian Securities Administrators (the “CSA”) published Staff Notice 21-332: Crypto Asset Trading Platforms: Pre-Registration Undertakings Changes to Enhance Canadian Investor Protection (the “Staff Notice”), which marks another positive step towards clarity in regulation of the […]

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Public company directors and ESG disclosure requirements

MT Biosphere™

In recent years, boards of directors of reporting issuers are becoming increasingly aware of the environmental, social and governance (“ESG”) disclosure requirements imposed by regulators. Within the current landscape, Canadian companies must work to balance their operational needs with environmentally […]

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2 ways the ban on purchasing residential real estate by non-Canadians is affecting builders and developers

Breaking Ground: MT Construction Law Ontario Edition

The Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”) took effect in January.  The Act bans “non-Canadians” from buying “residential property” for two years and it is intended to increase the supply of housing to Canadians.  […]

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Construction lien claims: Takeaways from XPL Construction Solutions Inc. v. North Bay Capital Investments Ltd.

Breaking Ground: MT Construction Law Ontario Edition

A January 2023 court decision from Ontario, XPL Construction Solutions Inc. v. North Bay Capital  Investments Ltd., dealt with a motion by the Defendant, North Bay Capital Investments Ltd. (“North Bay”), seeking an order to, among other things, discharge a […]

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Bill C-33: Proposed new legislation for the rail & marine industries

Transportation & Logistics Communiqué

On November 17, 2022, the federal government introduced Bill C-33 for first reading in the House of Commons, with the short title Strengthening the Port System and Railway Safety in Canada Act.[1]  The proposed new legislation would address governance, safety, […]

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Proposed changes to Canada’s transportation of dangerous goods legislation

Transportation & Logistics Communiqué

The Canadian government proposed significant changes to the Transportation of Dangerous Goods Act (Canada) on November 26, 2022. The public consultation period recently closed on February 9, 2023. These proposed changes are seen as a necessary step in modernizing regulations […]

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Estate planning and the Indian Act : Practical considerations for assisting Indigenous clients living on reserve

Wealth Matters

Introductory thoughts When we began assisting Indigenous clients with status under the Indian Act with drafting their wills, we found that there were few resources that addressed estate planning or estate administration matters under the Indian Act.[1] We soon discovered […]

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