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 RJK Explorations in closing of non-brokered private placements
On January 2, 2020, RJK Explorations Ltd. (“RJK”, or the “Company”) (TSXV: RJX.A) announced the final closing of its non-brokered private placement offering of Class C units (“Class C Units”) […]
WeirFoulds represents Crédit Mutuel Equity in $30 million investment deal in Care Health Group
On December 3, 2019, it was announced that Crédit Mutuel Equity, one of the largest banking groups in France, invested $30 million in the independent pharmacy chain, Care Health Group, […]
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 Antibe Therapeutics in $8M public offering
On August 13, 2019, Antibe Therapeutics Inc. (“Antibe”) (TSXV: ATE) announced that it closed its previously announced public offering of units (the “Units”) raising aggregate gross proceeds of $8,050,000 (the […]
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 […]
Legal and Regulatory Issues Facing Building Owners and Property Managers
WeirFoulds Partners Jeff Cowan and Ryan Morris, and Associates Lia Boritz and Caitlin Stevens presented a paper on “Legal and Regulatory Issues Facing Building Owners and Property Managers” at the […]
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, […]
WeirFoulds represents Antibe Therapeutics Inc. in completion of $5.75-million bought deal public offering
On February 27, 2019, Antibe Therapeutics Inc. (TSXV: ATE, OTCQB: ATBPF) announced that it closed its previously announced bought deal public offering of 23,000,000 units of the Company at a […]
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 […]
Proposed Tax Measures to Limit Deferral Benefits of Acquiring Passive Investments in Private Corporations
On October 18, 2017, the Federal Government announced its intention to introduce measures to limit the deferral advantage associated with a private corporation using active business income to make passive investments (the […]
Government Backtracks on Certain Income Tax Proposals Impacting Private Corporations and their Shareholders
On October 16, 2017, the Federal Government announced its intention to lower the small business tax rate from 10.5% to 10 per cent, effective January 1, 2018, and to 9 […]
Beware: Proposed Tax Changes May Require you to Act Now
In a prior Client Alert, we summarized tax proposals released on July 18th, 2017 that will, if enacted as proposed, significantly change the tax rules for private corporations and their shareholders. In […]
Sweeping Tax Proposals to Impact Private Corporations, Their Shareholders (including Family Trusts) and Post-Mortem Tax Planning
On July 18, 2017, becoming or staying an employee (particularly a government employee) became more attractive. That is the date the Trudeau government released the consultation paper that was promised […]