On July 18, 2017, the Department of Finance Canada released draft amendments to the Income Tax Act (Canada) and a discussion paper proposing significant changes to the taxation of private corporations in Canada (collectively, the “Proposed Tax Changes“). The Proposed Tax Changes seek to increase the tax paid by private corporations on investment income and […]

When entering into what may at first seem to be a straightforward contractual relationship or purchase agreement, the question often arises whether to “do-it-yourself” or to engage a lawyer. This question arises due to the perceived lack of value in engaging a lawyer to draft the Agreement, particularly in light of the legal fees. Drafting […]