If you are involved with a federally incorporated charity or non-profit corporation, you need to know that the law has recently changed and that you must take steps to address this. To learn what is required and how this change in the law will affect your organization, take a look at the PitbLAWg post by [...]
Doctors, like many Manitoban professionals, are permitted by their governing Act to incorporate and practice through a “professional corporation.” What does this mean? For the patient, not a thing. But for the physician, it can mean substantial tax advantages. But, of course, there are disadvantages as well. The main drawbacks to incorporation are the initial and [...]
If you are a boater, you may know that the rules governing boating have been changing over recent years. A number of federal regulations including the Small Vessel Regulations, the Vessel Operation Restriction Regulations and the Competency of Operators of Pleasure Craft Regulations govern small vessel licensing and operation under the Canada Shipping Act, 2001. [...]
“Sorry” might be hard to say, or the hardest word (depending on whether you prefer the lyrics of Chicago or Sir Elton) but in most provinces, including Manitoba, it is now a little easier to apologize than it once was. In fact you are protected by law when you say you’re sorry. Following the lead [...]
How often do you check the ID of your suppliers? If you run a business you are likely familiar with how GST works. When purchasing inventory and supplies, your business must pay the GST to the supplier, but may then claim an input tax credit (an “ITC”) offsetting the tax paid. To claim an ITC you need [...]
American author Napoleon Hill said “A quitter never wins and a winner never quits.” I beg to differ. Directors of corporations can be personally liable, under many pieces of legislation, for failure to deduct and remit amounts for many things, including federal and provincial income taxes, retail sales taxes, GST, Canada Pension Plan and employment [...]
As my colleague, Philip Watts, posted on January 8, 2010, there are significant changes to the federal Competition Act coming into effect in March 2010. Changes to the conspiracy provisions of this Act will apply to every written and unwritten agreement between competitors in a marketplace. A Non-Competition covenant is just that. Thinking this surely [...]
If you are buying a business, it is good business sense to want the seller to promise (in an enforceable fashion) not to set up across the street and compete with your new business. You want the seller to provide a Non-Competition covenant (a “Non-Comp“). Non-Comps are quite common, (in both a sale of business and an [...]
You probably know that, while a new law is coming, talking on your cell phone while driving in Manitoba, though not a good idea, is not illegal… yet. (The Manitoba law has been passed but is awaiting proclamation.) Indications are that Manitobans may see this new law come into force by mid 2010. What you might [...]
