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Honesty is the best policy when it comes to commercial contracts

Take-aways from the Supreme Court of Canada’s ruling in Bhasin v Hrynew et al, 2014 SCC 71 Facts of the case The corporate respondent Canadian American Financial Corporation (“Can-Am”) is a company that markets education savings plans to investors through agents, here known as enrollment directors. The appellant Bhasin and…

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Keep Your Guardianship Up

Selecting a guardian for minor children is an important step all parents should take.  But over the course of a minor child’s life it is not uncommon for the circumstances that led to the selection of the original guardian to change.  Families or guardians can move far apart, problems with…

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Common Provisions of a Family Shareholders Agreement

There are several important provisions to include in a family business shareholders agreement that extent beyond the management of the business.  These include disability of a shareholder, death of a shareholder, marital breakdown and finance. Disability of a shareholder This is particularly important when the shareholder is actively involved in…

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Common employment law mistakes made by employers: #7: Failing to provide an employee the time and information needed weigh options when being dismissed

Employers generally want to promptly resolve all issues with an outgoing employee in order to avoid litigation. To achieve this, an employer must provide the employee with sufficient time and information to make an informed decision.  Apparent resolutions may not be legally binding if the employer fails to provide an…

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Incorporating with a Numbered or Named Company

Related Articles 5 signs the time is right incorporate your business Pros and cons of incorporating your business Understanding your liability when incorporating your business When you incorporate your company you can choose between having a named or a numbered company.  If you choose to go with a named company…

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