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Changes to the ‘Plus One' rule and reporting requirements for principal residence exemption...

On Dec. 13, 2017, the government released the draft legislation for the controversial Tax on Split Income (TOSI), noting that it was simplifying earlier proposed tax measures, which would apply...

The year 2017 was a crazy one for many taxpayers, what with the new proposals for private corporations, and then various subsequent releases

Looking to found a family business dynasty? Here's a sobering statistic: Only about 10% of family-owned businesses make it past the third generation.

Talking about Wills and estate planning is often associated with visions of elderly people planning their affairs toward the end of their lives. But the truth is, once a child is born,...

In the recent case of Midtdal v Pohl, 2014 ABQB 646, the issue was whether or not a certain transfer gave rise to a resulting trust—nothing less than the family farm was at stake.

On October 9, 2020, the Government of Canada announced plans to introduce legislation to create a new form of rent and mortgage support under a program entitled the Canada Emergency Rent Subsidy

Luckily, there is a way to do this for those who have a substantial amount tucked away in their Registered Retirement Savings Plan (RRSP

Recently we took on two Small Claims Court actions for good clients. In both cases we acted for the plaintiff.

A number of years ago, a case in New Mexico called Liebeck v. McDonald's Restaurants made headlines when a 79 year old plaintiff won an award worth U.S. $2.9 million from a jury.

With all of the recent proposed changes to the taxation of private corporations in Canada, it's hard for many to believe that there are still strategies available in 2018 to split income amongst family members.

It feels as if spring is around the corner which means that summer is not too far off. And with thoughts of warmer weather comes thoughts of spending summer days on a lake somewhere. If you are in the...

The last few weeks of summer are usually all about back-to-school shopping: pencils, notebooks, and first-day-of-school outfit.

Cannabis for medical purposes has been permitted in Israel since the early 1990s. With the support of its Ministry of Health (and a dedicated budget of just over CAD$3 million/year), ...

In a rather unusual case, an Ontario Superior Court judge has set aside a default judgment that was obtained at an uncontested trial where the defendant intentionally decided not to show up.

Chan v. Chan, (2022) ABQB 256, is a case in which the issue raised was whether legal title to real property can transfer after the transfer is executed but before it is registered.

The prescribed interest rate for the purpose of attributing income on low- and no-interest loans has fallen to 1 percent for the third quarter of 2020.