Update on Those Damn Flipping Rules
The August 9, 2022 draft amendments to the Income Tax Act (Canada) include provisions to give effect to the residential property flipping rule first introduced in Budget 2022. If enacted […]
WeirFoulds welcomes Associates Cassie Chaloux and Michael Ding
WeirFoulds is pleased to welcome two associates to the firm in the following practice areas: Cassie Chaloux – Construction Cassie is an associate in our Construction Law Practice Group. Prior […]
WeirFoulds represents Massey Capital in deal to acquire SMS Machine Tools Limited
On April 4, 2022, it was announced that Massey Capital, a private investment firm, closed a deal to acquire SMS Machine Tools Limited (“SMS”), an industry-leading distributor and servicer of […]
WeirFoulds welcomes Partner Lucinda (Lucy) E. Main to its Wills, Trusts and Estates Group
WeirFoulds is delighted to announce that Lucinda (Lucy) E. Main has joined the firm as a Partner and Co-Chair of our Wills, Trusts and Estates Group. Lucy has been repeatedly […]
WeirFoulds represents Psyence Group Inc. in listing on the CSE and subsidiary in $9.3M private placement
On January 26, 2021, Psyence Group Inc. (“Psyence”) (CSE: PSYG) announced that its common shares would begin trading on the Canadian Securities Exchange. Psyence listed after completing a reverse take-over […]
Understanding the Impact of Commercial Rent Deferrals on Landlord GST/HST Remittance Obligations
As the COVID-19 crisis continues, businesses have largely closed on a temporary basis to comply with public health orders across all provinces (though we are now seeing provinces begin to […]
Freeze (or Re-Freeze): Come Out of the COVID-19 Crisis With Your Hands Up (in a Victory Pose!)
With the exception of a few businesses (e.g., hand sanitizer and toilet paper manufacturers), the COVID-19 crisis has had a material detrimental impact on the current value of a business. […]
WeirFoulds represents Kontrol Energy in completion of $3M secured loan financing
On October 31, 2019, Kontrol Energy Corp. (CSE: KNR, OTCQB: KNRLF, FSE:1K8) (“Kontrol”) announced the completion of a $3 million secured loan financing (the “Loan”) with FirePower Capital. The indicative […]
WeirFoulds represents XAU Resources Inc. in recent IPO
On July 18, 2019, XAU Resources Inc. (TSXV: GIG.P) announced its completion of an initial public offering of 4,411,500 common shares of the Corporation (the “Common Shares”) at a price […]
WeirFoulds recognized in the 2019 Canadian Legal Lexpert Directory
WeirFoulds is pleased to announce that 22 of our lawyers have been recognized in 14 different practice areas in the 2019 Canadian Legal Lexpert Directory. Each lawyer was selected based […]
Budget 2019 In-Depth: Pending Proposals to Limit Preferential Tax Treatment of Employee Stock Options
The 2019 Federal Budget announced the Canadian government’s intent to limit the preferential tax treatment afforded to employee stock options that are granted to “high income individuals employed at large, […]
All that Glisters is Not Tolled, but is the Story Fully Told?
On October 10th, 2018 the Ontario Court of Appeal released its decision dismissing the appeal in the case of National Money Mart Company v 24 Gold Group Ltd., 2018 ONCA […]
WeirFoulds Lawyers Recognized in the 2018 Canadian Legal Lexpert® Directory
Glenn W. Ackerley, Raj Anand, Sandra Astolfo, Denise Baker, Lisa A. Borsook, Clare E. Burns, Jeff G. Cowan, M. Jill Dougherty, Lori M. Duffy, Robert Eberschlag, Bryan Finlay QC, Jordan Glick, Nikiforos Iatrou, James G. Kosa, Barnet H. Kussner, W. A. Derry Millar, J. Gregory Richards, Max […]
WeirFoulds represents Optiv Security in acquisition of Conexsys
On November 13, 2017 Optiv Security, a market-leading provider of end-to-end cyber security solutions announced that it is continuing to accelerate its growth strategy by acquiring Conexsys, a Toronto-based security […]
Government Backtracks on Anti-Surplus Stripping Proposals, and Looks to Develop Alternative Proposals
Happily, on October 19, 2017, the Federal Government announced it is not proceeding with yet another measure in its July 18 proposals this time, the anti-surplus stripping proposals. Earlier in […]