Introduction In today’s digital economy, data is a valuable business asset that can be leveraged for competitive advantage, operational improvements, and commercial licensing. Companies frequently enter into agreements involving data sharing, usage rights, and intellectual property (IP) protections. Whether data is being licensed as the core focus of a transaction or as part of a […]
Author: boiarskibusinesslaw
A Practical Guide to Mergers & Acquisitions in Canada
Introduction Mergers and acquisitions (M&A) are a common way for businesses to expand, streamline operations, or gain a competitive advantage. Whether you’re acquiring a competitor, merging with another company, or selling your business, understanding the legal, financial, and operational aspects of M&A transactions is essential. This guide covers key considerations for structuring and executing a […]
Shareholder Agreements: a Vital Document for Stability
Introduction Thinking of incorporating a business? One of the most crucial steps in ensuring long-term stability and avoiding messy control issues is creating a Shareholder Agreement (SHA). A SHA defines the rights and obligations of shareholders, their relationship with one another, and their role in the company. By addressing potential disputes in advance, a SHA […]
Understanding Beneficial Ownership Transparency: New ISC Reporting Requirements in Canada
Introduction Recent amendments to the Canada Business Corporations Act (CBCA) have introduced significant changes to beneficial ownership transparency in Canada. As of January 22, 2024, private CBCA corporations must submit information on Individuals with Significant Control (ISCs) to Corporations Canada, with certain details being made publicly available through a free registry. These reforms align Canada […]
Can an Emoji Create a Legally Binding Contract? A Recent Saskatchewan Ruling Says Yes
Introduction Emojis have become a universal part of digital communication, often used to express emotions, reactions, or quick acknowledgments. However, a recent decision by the Court of King’s Bench for Saskatchewan suggests that emojis can carry serious legal weight, potentially forming binding contractual agreements. In South West Terminal Ltd. v. Achter Land & Cattle Ltd., […]
Changes to the Capital Gains Inclusion Rate: What You Need to Know
Introduction On June 11, 2024, the federal government provided further clarification on the upcoming changes to the capital gains inclusion rate, first announced in the 2024 federal budget (Budget 2024). Effective June 25, 2024, the inclusion rate for capital gains will increase from 50% to 66.7% for individuals, trusts, and corporations. This change has significant […]
Choosing the Right Business Structure: A Guide for Entrepreneurs
Introduction Selecting the right business structure is one of the most important decisions when starting a business. The structure you choose will impact control, taxation, liability, and regulatory obligations. Understanding the differences between sole proprietorships, partnerships, and corporations is essential for aligning your business with your long-term goals. Understanding Business Structures There are three primary […]