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  • Changes to Rule 76- Simplified Procedure, What Does This Mean?

    As of January 1, 2010, changes have been made to Rule 76 and they include: • Increase in monetary jurisdiction to $200,000 • No distinction between ordinary and summary trials • Jury trials are permitted only in matter of slander, libel malicious arrest or prosecution and false imprisonment • Oral discovery is increased to 3 hours • Pre-trial conferences must be scheduled in compliance with rule 50.02 • Parties must agree to trial management plan 30 days before the pre-trial conferen...

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  • Digital assets often overlooked in Estate Planning

    CHRIS ATCHISON Special to The Globe and Mail Published Tuesday, Apr. 18, 2017 4:54PM EDT Last updated Tuesday, Apr. 18, 2017 4:54PM EDT For high-net-worth individuals, estate planning is crucial. And if they are business owners, a separate, corporate will is needed for property and equipment and to ensure ownership succession. But what about digital property? It makes up...

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  • Economic Unknowns To Play A Big Role In Federal Budget Plans

    The Government Had To Prepare Budget Amid Uncertainty Over The Course Of Our Biggest Trading Partner The Trudeau government will chart the next segment of its mandate this week in what’s expected to be a modest budget — but the omnipresent economic unknowns in the U.S. could eventually force Ottawa from a steady-as-she-goes course. For now, the stronger U.S. economy is benefiting Canada. Finance Minister Bill Morneau will present the country’s budget Wednesday amid a brightening ou...

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  • Six Things To Watch For In Canada’s 2017 Federal Budget

    The federal government is betting big on investment in innovation, science and R&D. Here are some specific policies to watch for When the federal government dropped the budget last year, the Liberals put a big emphasis on helping Canada become more innovative. What that meant wasn’t exactly clear. On Wednesday, however, we might get an answer. The upcoming federal budget will likely include specifics, dollar amounts and details on how various initiatives under the government’s Innovation...

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  • A Baker’s Dozen Tax-filing Changes For This Year

    Are you wondering how your tax return for 2016 might look different than in prior years? Here’s a summary of the key changes you’ll notice when preparing or reviewing your 2016 personal tax return. 1. Tax-rate changes The tax rate on income between $45,282 and $90,563 dropped to 20.5 per cent (from 22 per cent) for 2016. This will save you $680 federally if your income is over $90,563. On the flip side, any income over $200,000 will face a new tax bracket, resulting in an additional 4-per-ce...

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