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kmb notes

May 15, 2010

The Construction Holdback

The Construction Lien Act requires that any payer on a construction project must retain a holdback of 10% in order to protect those subtrades or suppliers who may be below the contracting parties in the construction pyramid. The owner must retain a 10% holdback out of all payments made to the general contractor. The general contractor, in turn, must retain a 10% holdback out of any payments it may make, for the benefit of the subtrades. Even the subtrades, in turn, must retain a 10% holdback on any money that they may be paying out to their subtrades and suppliers.
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Do’s and Don’ts of Termination: A Refresher

Most employers appreciate that terminations must be handled sensitively, carefully and with forethought. However, as employment counsel, we often see mistakes or missteps in the termination process by well-meaning employers. Sometimes these mistakes can be overcome with a generous separation package. In other cases, however, they can contribute to unnecessary, protracted and expensive litigation. As many of these missteps seem to repeat themselves, the following short refresher is offered on some "do's" and "don'ts" of terminations.
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Worried About The HST?

The HST officially comes into effect on July 1, 2010. The following are some things to consider so your business can plan for a smooth transition. This is not intended to be an exhaustive list and we recommend getting tax advice directly from your accountant so you are fully prepared for the HST.
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New Way To Register For Our Seminars & Training

To reduce the amount of email flowing to your In Box, notice of all KMBlaw seminars, training and presentations will be included in our newsletter. No more individual blasts, save for short-turnaround urgent information we feel would really be of benefit to you. In the right side panel of every kmb notes we will list the presentation topic and date. Click through this byte and you will find full details of the discussion as well as registration information. Full details can be found at www.kmblaw.com/seminars.html