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When I prepare commercial agreements, I draw from precedents – either from legal software, a colleague or my own repository, developed over 26 years of practice. Well drafted Agreements address [...]

A Restrictive Covenant Agreement (“RCA”) is a common and important Agreement entered into to govern the rights and obligations of departing employees and shareholders. As a corporate lawyer, I [...]

Now that we have discussed the basics of forming Personal Real Estate Corporations (PRECs) in Part One and some of the operating requirements and conditions in Part Two of this series I will now [...]

As discussed in Part One of this series it is now possible for salespersons or brokers in Ontario to create Personal Real Estate Corporations or PRECs.  In the second part of this series, I [...]

As of October 1, 2020 (Royal Assent given, March 4, 2020), it became possible for salespersons or brokers (Realtors®) in Ontario to form their own Personal Real Estate Corporation or PREC [...]

On October 19, 2021, the Ontario government launched the new Ontario Business Registry (“OBR” or the “Registry”).  The OBR replaced the Ontario Business Information System (“ONBIS”), which had [...]

Recently, and on a number of occasions, I have been retained to assist clients with the continuance of their corporations either into or out of Ontario. The reasons for doing so vary. In two [...]

When a commercial tenant is negotiating with a prospective landlord, an offer to lease, also known as an agreement to lease, often precedes the lease itself. While the actual lease is the [...]

Ontario’s Bill 213 (2020), also titled the Better for People, Smarter for Business Act, 2020 (the “Act”), received royal assent on December 8, 2020 and implements notable changes to both the [...]

Should you incorporate your business federally or in Ontario? Understanding the differences between a Federal and Ontario corporation will ensure that your business is operating pursuant to the [...]

Applications are now open for the Ontario Small Business Support Grant which aims to provide additional support for small businesses which are affected by the current province-wide COVID-19 [...]

LIABILITIES OF DIRECTORS The role of director of a corporation has several prerequisites. A director must be: An individual (not a corporation); At least 18 years of age; Of sound mind; and, Not [...]

What is CECRA? On April 24, 2020, the Government of Canada, in partnership with the provinces and territories, announced a new initiative – CECRA – to provide relief for eligible [...]

There are three types of Partnerships: General Partnerships; Limited Partnerships; and, Limited Liability Partnerships. Each of these arrangements have their own statutory requirements and [...]

DUTIES OF DIRECTORS A corporation consists of directors, officers and shareholders. Shareholders are owners of the corporation, while directors have various managerial responsibilities and [...]