The By-law targets rentals for a period of less than 31 days, including those made online.

It was a pleasure to connect with international colleagues at IBA 2024 in Mexico City last week. We look forward to welcoming attendees to Toronto next year, when it will be the host destination for IBA 2025.

Each year at this time, we offer a look back at some of the more significant business and international tax developments in Canada and the United States over the past year...

In our annual Tax Review and Outlook report, we outline significant tax developments that shaped the Canadian and U.S. tax landscapes over the past year and consider what to watch for in the year ahead.

On March 29, the Obama Administration issued a press release outlining its plan to encourage private investment in infrastructure.

The 2016-2017 Budget tabled by Finance Minister Carlos Leitão on March 17, 2016, announced significant changes to the Act respecting duties on transfers of immovables.

As part of Canada's Federal Budget that was presented on March 22, 2016, Finance Minister Bill Morneau announced the repeal, effective January 1, 2017, of the existing eligible capital property ("ECP") tax regime...

As the U.S. tax reform process continues, the comprehensive tax bill that passed the House of Representatives in May is now under active consideration in the Senate. Earlier this week, the Senate Finance Committee...

The Federal Court of Appeal has held in the Kruger Inc. v. Canada decision published yesterday, that Kruger Inc. was entitled to use the mark-to-market method in computing its income for federal income tax purposes.

NAFTA, the first multilateral free trade agreement between the United States, Mexico and Canada, became effective on January 1, 1994.

As pointed out above, the reporting obligation is only on the title insurance company, if any, that is involved in the transaction.

The Chairman of the Canadian Radio-television and Telecommunications Commission and the Commissioner of Competition recently announced that they had signed a Letter of Agreement providing for closer cooperation between the CRTC and the Competition Bureau.

The Canadian Securities Administrators (CSA) has published a consultation paper seeking input on the potential implementation of an "access equals delivery" model...

The Canadian Securities Administrators (CSA) have proposed a multi-year pilot initiative to allow eligible venture issuers to voluntarily adopt semi-annual financial reporting.

On March 7, 2016, the Institute of Corporate Directors published guidance to help boards of Canadian public companies develop a shareholder engagement approach to corporate governance.

The former directors and officers of the bankrupt company Northstar Aerospace were confirmed liable for interim remediation costs under a Ministry of Environment order when the Ontario Divisional Court recently rejected their appeals and judicial review applications.

On May 1, 2009, the Federal Reserve Bank of New York (NY Federal Reserve) announced the expansion of its Term Asset-Backed Securities Loan Facility (TALF) to include commercial mortgage-backed securities (CMBS) and securities backed by insurance premium loans.

Since 2005, the U.S. Securities and Exchange Commission (the "SEC") has permitted companies, on a voluntary basis, to file financial statements in an interactive data format called eXtensible Business Reporting Language ("XBRL").

Since 2005, the U.S. Securities and Exchange Commission has permitted companies, on a voluntary basis, to file financial statements in an interactive data format called eXtensible Business Reporting Language.

The effective date of the new rules is generally 60 days after the proposed regulations are finalized, although certain aspects of the new rules may be relied upon immediately.