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“My Corporation has Dissolved, Does it Matter?”
April 27th, 2023 by Samuel Teichroew
Yes it does. A corporation, whether non-profit or for profit, is a legal “person”. Once a corporation has dissolved, it is no longer an active legal entity. Dissolution for a corporation is similar to when an individual has died. An incorporated body may be dissolved intentionally or unintentionally. The unintentional dissolutions are usually due to failure to file annual returns with the Companies Office. If… Read More »
Got my Judgment! Ready to Collect!
April 13th, 2023 by Mathieu Lafreniere
People are often shocked to find out that once they get court issued Judgment, that doesn’t mean they then get paid. What?! Yes – just because the Small Claims Court or the Court of Queen’s Bench has heard your case and decided in your favour, it does not mean that you automatically get the money that Judgment is for. If you went to Small Claims… Read More »
Flip or Flop: Navigating the New Income Tax Act rules regarding Real Estate “Flipping”
March 17th, 2023 by Blake Rowswell
Beginning as a highlight in the 2022 Canadian Budget, the federal government has made a concerted effort to ensure that profits made from “flipping properties” (i.e purchasing a property with the intent or effect to resell the property for a profit) are taxed in a full and fair manner. As defined in Section 13 of the Income Tax Act, flipped property means a “housing unit… Read More »
Who has the Right and Responsibility to Make the Funeral Arrangements?
March 3rd, 2023 by Paul Reimer
After a person has passed away, who has the right and responsibility to arrange for the funeral and the disposition of the deceased person’s body? This question may arise when a person considers making advance funeral instructions. This question may also come up where the family or friends of a deceased person disagree on funeral arrangements or on the method of disposing of the body.… Read More »
What Rights Does an Owner of a Riverside Have to Use The River?
February 16th, 2023 by Paul Reimer
A person who owns land along a river or other body of water is called a “riparian owner”. The rights that a riparian owner has to use of the river are called “riparian rights.” A riparian owner does not own the river itself. Pursuant to The Water Rights Act of Manitoba, all property in the water of a river or other body of water is… Read More »
Transferring Firearms from Estates
January 27th, 2023 by SNJ
Canada has extensive regulations regarding the use and ownership of firearms. In situations where an owner of firearms passes away this can create tricky issues for the estate to navigate. Role of the Estate’s Personal Representative When an executor or administrator deals with an estate that has a firearm, they have the same rights that the deceased had, while the estate is being settled. The… Read More »
