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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 [...]

PPSA Ontario Simplified If you make a business loan to a small company in Ontario, you run the risk of the loss of your capital should the company default on the loan payments. For this reason, [...]

Updating Your Minute Book Makes Good Business and Financial Sense Your business must keep a minute book if it is incorporated. It’s not only good business practice, it’s also a legal obligation. [...]

Meta description: The Forfeited Corporate Property law affects all corporations in Ontario. What does it mean for your corporation’s operation and finances? Avoid hefty fines, total loss of [...]

When it is mandatory to register a business name, or more formally, your Master Business Licence (the proper legal term)? Considerations for Registering Your Master Business Licence Ontario has [...]

If you are a small business owner and you’ve decided to sue – or are being sued – you’re probably anxious about what lies ahead. As a small business lawyer in Toronto – one that [...]

As a Toronto small business owner, you’re probably no stranger to setting goals for your business and mapping out a plan to achieve those goals. But there’s one thing you don’t have to plan on [...]

Small business owners have to juggle many competing demands in order to succeed. If you are a Toronto small business owner considering litigation against your business partner, you may wish to [...]

If you want to set your small business up for success, you need to do more than just be an expert in your field. You need to protect both yourself and your business by putting the right contracts [...]

No entrepreneur looks forward to spending money on legal fees. But in today’s business world, lawyers are not only beneficial to your company, they are essential. Proper legal advice can make [...]