Tax
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June 20, 2024
Ottawa lists Iran’s Islamic Revolutionary Guard Corps as a terrorist entity in Criminal Code
The Government of Canada listed the Islamic Revolutionary Guard Corps (IRGC) of Iran as a terrorist entity under the Criminal Code, effective June 19, 2024.
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June 20, 2024
Inheriting assets: Balancing wealth and family dynamics
A recent legal decision surrounding the death of the founder of the prominent Onni Group, DeCotiis v. DeCotiis Estate, 2023 BCSC 2163, highlighted how important it is for families to use diverse planning strategies to safeguard assets and to keep out of expensive legal disputes.
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June 20, 2024
Preparing for the capital gains tax hike
In its 2024 budget, the federal government proposed to increase the capital gains inclusion rate from one-half to two-thirds for corporations, trusts and individuals with annual capital gains in excess of $250,000. This caught a lot of people off guard, and now Canadians are scrambling for financial advice on the best way to handle this increase.
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June 19, 2024
Feds release draft vaping taxation framework, legislative review results
The federal Department of Finance has released draft regulations that would enable Alberta, Manitoba, New Brunswick, Yukon and Prince Edward Island to participate in a co-ordinated vaping taxation framework that calls for a 12 per cent increase to vaping excise duties, announced in Budget 2024. As well, it announced its findings from the Tobacco and Vaping Products Act legislative review.
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June 18, 2024
More Russians sanctioned for complicity in Putin regime’s responsibility for death of Alexei Navalny
Ottawa has sanctioned 13 additional senior officials and high-ranking employees of Russia’s investigation agency, penitentiary service and police force, who Global Affairs Canada says “were involved in the ill-treatment and death” of Alexei Navalny, the Russian opposition leader who survived the Putin regime’s attempt to fatally poison him in 2020, only to die this year in a Russian prison.
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June 18, 2024
Trudeau announces Tax Court judicial appointment
Prime Minister Justin Trudeau announced the appointment of Gabrielle St-Hilarie as chief justice of the Tax Court of Canada. According to a June 17 press release, Chief Justice St-Hilarie was formerly a judge of the Tax Court of Canada and replaced Eugene P. Rossiter.
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June 18, 2024
Navigating tax law and Indigenous governance
Introduction: Setting the legal stage
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June 17, 2024
Canadian counsel involvement in arbitration cases increasing, says first-of-its-kind report
On Canada’s commercial arbitration landscape, most professionals working in the field are lawyers and nearly half of them also run a litigation practice, according to the recently released results of the first survey of Canadian arbitration practitioners.
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June 14, 2024
Wide-ranging IMF report recommends improvements to Canadian fiscal, tax policies
The International Monetary Fund (IMF) has released new findings following its annual analysis of Canadian fiscal policies, noting various issues that could be improved in areas such as housing affordability and climate policy and suggesting changes to tax regimes.
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June 14, 2024
Providing value to the difficult client | Jacob Murad
Many lawyers (myself included) over the course of any practice, run into issues withdrawing from representing and terminating a difficult client. (A recent example of this was when Peter Nygard’s defence lawyer asked to be removed as his counsel just before his sentencing for sexual assault, reportedly due to a “breakdown and loss of confidence in the solicitor-client relationship.”)