Business Support Measures Extended

Business Support Measures Extended

In response to the COVID-19 global pandemic, the federal government rolled out a number of support programs over the last 18 months such as the Canada Emergency Wage Subsidy (CEWS), Canada Emergency Rent Subsidy (CERS), Lockdown Support and Canada Recovery Hiring...
Bill C-208 – What’s all the Fuss About?

Bill C-208 – What’s all the Fuss About?

BackgroundFor decades, income tax legislation has made it difficult to sell your small business or family farm to a family member and still get concessional tax treatment for the seller. Under legislation that previously stood, if you sold your business to an arms’...

Taxation of Stock Options

Stock options are a popular way for companies to attract and retain key employees.  So what happens when an employee is granted stock options by a Canadian-Controlled Private Corporation (“CCPC”)? There are no tax consequences to the employee when the stock options...