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The technique of using multiple wills, which became the standard among estate planning solicitors as a method of limiting the amount ...

Generations are shaped by the events, technologies, and cultural shifts of their time. As we usher in the new year, we also welcome the start of a new generational cohort...

The deadline for 2016 contributions to your Registered Retirement Savings Plan (RRSP) is March 1, 2017, so you don't have much time to make a decision.

The SCC in Redwater Confirms the Oil and Gas Industry Status Quo: Bankruptcy is Not a Licence to Disregard Environmental Rules

When a loved one passes away, their executor (the person named in the will to manage the estate) steps into a huge responsibility. They must pay bills, manage assets, and distribute property to beneficiaries.

Gone are the days when offshore bank accounts were outside the CRA's reach. With the advent of the CRS, CRA automatically receives financial information of Canadian taxpayers who own bank accounts or assets in other jurisdictions.

The Office of the Superintendent of Financial Institutions ("OSFI") recently released an updated version of Guideline B-15: Climate Risk Management (the "Guideline").

As Part 2 of the Life Cycle of a Deal series, this article provides an overview of the legal due diligence process a prospective purchaser would typically complete when determining whether to acquire...

With endless riches at their fingertips and assets that will often continue to generate significant wealth after death, millionaires and billionaires have access to some of...

What are some of the trips and traps to be aware of from an estate planning viewpoint if you are a Canadian, but you have assets or other connections south of the border?

This Advisory provides an overview of the legal concept of a trust, including its role in family wealth preservation and management. It also describes interesting tax-effective strategies for using a trust...

In this matter, the debtor Cheese Factory Road Holdings Inc. ("Cheese Factory") had collected but failed to remit GST/HST to the Crown between 2010 and 2013.

A tumultuous new reality has spread across the international economy. While some will weather troubled times well, or even profit from them, others will experience a more negative impact.

In a comfort letter issued September 4, 2019 by the Tax Policy Branch, Finance Canada indicated that they are prepared to recommend to the Minister of Finance that the Income Tax Act be amended to allow an inter vivos trust.

Individuals and families whose tax plans include trusts should take note of the recent decision of the Supreme Court of Newfoundland and Labrador in Discovery Trust v Minister of National Revenue ("Discovery Trust").

In a previous post, we discussed the new standard of appellate review of tribunal decisions described in Canada (Minister of Citizenship and Immigration) v. Vavilov, ...

The Supreme Court of Canada ("SCC") held on June 22 in Buschau that the members and former members of a defined benefit pension plan cannot unilaterally compel termination of the plan’s trust for the purpose of accessing accumulated actuarial surplus.