Renovations are necessary and important for landlords to maintain and improve their properties. Improvements also benefit tenants in the long run. In many cases, vacant possession is necessary to complete the work, which displaces the current tenants in an already difficult housing market. As such, the government regulates “renovictions” – evictions for the purpose of […]
Canada’s ambition to achieve net-zero emissions by 2050 will require speedy expansion of our renewable energy resources, including offshore wind. But, if we’re going to get there, we’ll need to improve our regulatory regimes. Fortunately, we have allies from whom we can learn and a regional regulatory precedent that could be helpful. Canada’s current regime […]
The real estate industry in Nova Scotia has been greatly affected by COVID-19. Consequently, the Nova Scotia government announced several initiatives intended on supporting Nova Scotia businesses and residents including an eviction moratorium and a rent deferral program.
Contemplating selling your business? Considering entering into a purchase agreement? Materiality scrape provisions are something you should be keeping an eye out for. In many purchase agreements, vendors will make representations about what they are selling. These include a wide range of assurances— such as that it has good title to the assets/shares being sold, […]
Corporate Structure Consider the best ownership structure for you and your partners. Below are several options for how to set up your business and the advantages and disadvantages associated with each, taking into account factors such as personal liability and income tax implications. Sole Proprietorship One individual is the sole owner of the business. Advantages: […]
Being a member of a board of directors can be both challenging and rewarding. The business’s success, in many ways, is a reflection of the board’s strength and leadership abilities. Therefore, agreeing to serve as a board member is not a decision that anyone should take lightly.
Securing bank financing could very well be the springboard to take your business to the next exciting level. A personal guarantee may be a condition of that financing, but don’t be scared off. Knowledge and experienced guidance can help you work with the lender to take the business successfully forward.