Regulated medical professionals in Ontario have had the option to incorporate their practices since 2001. This option can provide significant tax savings advantages to medical professionals, if their practice is generating revenue beyond what they require for day to day living expenses. In converse, if the revenue is only sufficient…
News & Resources
Kelly Santini Advises on $15M Mezzanine Financing
Kelly Santini LLP advises The Pythian Group Inc. in its $15 Million mezzanine financing with BDC Capital Inc. with a team led by Andrew Godfrey and including Michael Leaver and Kristina Kang. For more on the financing, please see the Ottawa Business Journal.
Ottawa spared 15% non-resident home buyer tax
One of the 16 points being introduced by the Ontario government is a 15% tax on non resident buyers aimed at curbing real estate speculation. A similar measure was introduced in British Columbia to deal with Vancouver’s housing boom. The important thing to remember though is that FOR RIGHT NOW…
Michael Abrams Receives “Real Estate Instructor’ Designation
March 2017
Congratulations to Michael Abrams on his well-earned designation as a Real Estate Instructor (REI) by the Ontario Real Estate Association. Michael has thousands of real estate transactions and hundreds of hours of experience delivering lectures on real estate law under his belt. With his Ontario REI designation, more and more…
Lawrence Silber Re-Elected as a Trustee of the CCLA
March 2017
Congratulation to Lawrence Silber on his re-election as a Trustee for the County of Carleton Law Association. This is Lawrence’s third term as a Trustee. The CCLA is the second largest law association in Ontario and provides advocacy, legal education, research and guidance to members of the legal community.
Waivers of Liability: Balancing the Statutory Protections of Occupiers and Consumers
David Schnarr v Blue Mountain Resorts Limited, 2017 ONSC 114 This case results from an injury that the plaintiff suffered while skiing at the defendant’s ski resort. The plaintiff purchased a seasons pass on line and in the process the plaintiff signed a waiver releasing the ski resort of any…
Minor Beneficiaries, Consents, and Conflicts of Interest
If you are the applicant for a Certificate of Appointment of Estate Trustee (CAET) you may be required to obtain a consent from a minor beneficiary to your proposed appointment as Estate Trustee. Most often these kinds of consents are required when the deceased passed away without a will. The…
WSIAT ruling preserves contractual rights of action
The Workplace Safety and Insurance Act contains restriction on the right to sue for workplace injuries. These rights depend on whether the injured worker and the defendant are in the same schedule as set out in the act. A worker in a Schedule One industry cannot sue any other Schedule…