Employee Ownership Trusts: An Introduction for Business Owners
As discussed in our prior article on Employee Ownership Trusts, Canadian business owners report that finding a buyer is a significant obstacle to succession planning. ... Continued
Clark Wilson Welcomes New Associate Ryan Lincoln
Clark Wilson is pleased to announce that Ryan Lincoln has joined the firm as an associate. Ryan was promoted from an articled student to an ... Continued
Budget 2024: Charities Update
The government of Canada has released its plan for the upcoming year in Budget 2024. Several items will be interesting to charities, not-for-profits, and donors. ... Continued
Budget 2024: Important Changes Impacting British Columbians
By Maria Starko, St. John. McCloskey and Chris Sharpe On February 22nd, the Provincial Government released its 2024 budget (the “Budget“). The measures outlined in ... Continued
Areet Kaila and Hannah Solmon Published in Law360 Canada
Clark Wilson’s Family Office partner Areet Kaila and articled student Hannah Solmon‘s article, “Overview of Estate Freezes” was recently featured in Law360 Canada (previously The Lawyer’s Daily), which ... Continued
Estate Freezes: An Opportunity for your Family Business?
By Areet Kaila and Hannah Solmon Tax planning and family business succession are concepts that often go hand in hand. When owners of a family ... Continued
Putting the Success in Succession: How Proposed Amendments Related to Bill C-208 Could Impact Your Family Business Transfer
By Adrienne Adams, St.John McCloskey, Areet Kaila, and Harman Kang Bill C-208, a private member’s bill that sought to amend the Income Tax Act (the ... Continued
Underused Housing Tax Update: October 31 deadline and guidance from CRA
By St.John McCloskey and Emily Davies UPDATE (October 31, 2023): The Canada Revenue Agency has extended the effective deadline again for filing and payment for ... Continued
GST Update for Rental Construction Builders: expanded new residential rental rebate
[Update: September 21, 2023] A bill has been put forward in the House of Commons to implement the expanded new residential rental rebate. The bill ... Continued
[Seminar] The Division of Business Assets on Marriage Breakdown: The Tax Issues Family Lawyers Need to Know
Managing the division of assets after the breakdown of a marriage is a complicated process involving many tax issues and considerations. The issues are even ... Continued
Double the Benefits: How Bespoke Family Law Agreements Can Also Bring Tax Savings
One major advantage of having a professionally-prepared family law agreement is the possibility that, with advance planning and careful drafting, obligations under the agreement can ... Continued
Employee Ownership Trusts: A tool for the succession-planning crisis
By St.John McCloskey and Jaicee Payette Update (March 28, 2023): Budget 2023 has indeed included Employee Ownership Trusts as a priority. See the supplementary materials ... Continued