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Finance Minister proposes changes to tax and business law
When tax code changes are discussed, Canadian businesses are often a part of the conversation. Recently, they have come under discussion again, as new tax changes are being proposed by the federal government. Canada's Finance Minister posits that those who...
A Business Law Professional Can Help Incorporate Your Business
It takes a special kind of person to start a new business venture or to transform an existing business. In Ontario, there are several different forms that a business can take, each with its own sets of advantages and disadvantages....
The Importance of a Well-Drafted Asset Purchase Agreement
A recent decision of the Ontario Superior Court of Justice highlights the importance of a well-drafted asset purchase agreement. In Jonathan's - Aluminum & Steel Supply Inc. v. Retail Alloy Metal & Plastic Plus Ltd. (Oct. 20, 2015), 259 A.C.W.S....
Is a Disclosure Document Required if a Franchise is being Assigned by the Franchisee?
Pursuant to subsection 5(1) of the Arthur Wishart Act (Franchise Disclosure), 2000, S.O. 2000 c. 3 (the "Act"), franchisors must provide prospective franchisees with a disclosure document. However, subsection 5(7) of the Act exempts the franchisor from this requirement in...
Franchise Disclosure Documents in Ontario
Under the Arthur Wishart Act (Franchise Disclosure), 2000 (Ontario), franchisors are required to provide prospective franchisees with a disclosure document, which must include a certificate, certifying that the disclosure document: (a) contains no untrue information, representations or statements; and (b)...
