Corporate & Commercial Law
How Contractual Discretion is Limited by Good Faith
Good Faith & Contractual Discretion In the recent Supreme Court of Canada decision of Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage District, 2021 SCC…
Ontario Courts Are Still Open During COVID-19 — Sort Of
COVID-19 & Ontario Court Proceedings On March 15, 2020, the Chief Justice of the Ontario Superior Court of Justice announced that the Superior Court was…
Raising Capital In The Exempt Market
OSC & The Exempt Market When looking to grow a business outside of traditional bank financing, business owners often consider granting equity in a corporation…
Beds Or Sheds: What’s The Difference
Mark Twain’s old adage “Buy land, they’re not making it anymore” continues to remain relevant as we see property values increase in Ontario year over year…
OBCA Amendments To Make Business Corporations More Flexible
Bill 213 & Corporate Changes On December 8, 2020, Bill 213 – the Better for People, Smarter for Business Act, 2020 – received royal assent after passing…
What Happens If You Default On A Business Loan?
COVID-19 & Defaulting on Loant What happens if you default on a business loan? Defaulting on a business loan is a reality for many Canadian…
Is a Franchiser Liable for the Acts of its Franchisees?
Franchisor Liabilities & Franchisees An ever-growing concern among franchisors is whether they can be held liable for the wrongful conduct of their franchisees. Most recently,…
COVID-19 Business Resource Summary
SMB Support & COVID-19 In response to the COVID-19 pandemic, the Canadian federal and Ontario governments have announced numerous relief programs and legislation tailored to…
Beware Of Debtor-in-Possession Financing: The Risks to Existing Lenders & Vendor-Take-Back Mortgages
Mortgage Risks & Vendor Take Backs Priority is a major consideration for any lender when evaluating risks associated with financing. This becomes all the more…
Moving Your Business From Operating As A Sole Proprietorship To A Corporation
Sole Proprietorship to Corporation There are three main vehicles through which to operate a business: a sole proprietorship, a partnership and a corporation. Establishing a…
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