by Brian Wong | Dec 4, 2020 | Contracts & Drafting, Corporation, General
The Covid-19 pandemic has accelerated the transition to a more digital workplace. Now, it is more convenient than ever before to store and process data, including personal information. With this transition comes a good opportunity to revisit an issue that all Canadian...
by Brian Wong | Nov 3, 2020 | Contracts & Drafting, Corporation, General
The Covid-19 pandemic has accelerated the transition to a more digital workplace. Now, it is more convenient than ever before to store and process data, including personal information. With this transition comes a good opportunity to revisit an issue that all Canadian...
by Glenn M. Rumbell | Oct 26, 2020 | Corporation, Dealings with Shareholders, General
In “When Non-voting Shares Get to Vote” we looked at how calling a share a ‘non-voting’ share is a bit of a misnomer. Under Canadian corporate statutes even non-voting shares have the right to vote in certain circumstances and at best should be called ‘mostly...
by Brian Wong | Oct 23, 2020 | Corporation, General
On October 1, 2020, the Ontario government announced new regulations and amendments to the Real Estate and Business Brokers Act, 2002 (REBBA) that allow real estate brokers and salespersons to incorporate “personal real estate corporations” (“PRECs”). Simply put, the...
by John M. Figol | Oct 19, 2020 | Corporation, Dealings with Shareholders, General
There are many reasons for issuing non-voting shares: incentivizing employees with equity, issuing shares to family members, or capital raising through crowdfunding campaigns. In most cases, these reasons are balanced with a founder’s desire to maintain control over...
by John M. Figol | Feb 1, 2019 | Corporation, Directors & Officers, General
So, you’re going to be a director of a corporation? Make sure you understand the liability that you may expose yourself to, personally. Directors manage and supervise the business and affairs of a corporation. As part of this duty, a director has a fiduciary duty to...
