Business

  • September 28, 2026

    Proposed settlement of $3.4M-$8.7M reached in sexual assault class action

    A settlement agreement has been reached between the plaintiff and the English Montreal School Board (EMSB) to settle a class action that was brought against it and the defendant, Phillip (Hart) Baugniet, in an alleged sexual assault case.

  • September 28, 2026

    Competition Bureau launches grocery investigation, seeks input

    The Competition Bureau has announced that it has launched an investigation into the use of minimum advertised pricing policies in the grocery sector due to competition concerns.

  • September 28, 2026

    Mortgage broker’s insurer must cover loss of client funds stolen from trust account: court

    The Ontario Court of Appeal has ruled that an insurer must cover a claim arising from a mortgage brokerage’s fraudulent misappropriation of client money, finding that funds held in trust can still qualify as “mortgage funds” under the policy’s fraud endorsement.

  • September 28, 2026

    Intergenerational business transfer capital gains exception: What the vendor gives up matters

    Section 84.1 of the Income Tax Act, the intergenerational transfer rules, has since 2024 contained a working exception for sales of a private company to a child’s corporation. Paragraph 84.1(2)(e) deems the vendor and the purchaser corporation to deal at arm’s length where the conditions of either ss. 84.1(2.31) or (2.32) are met, which switches off the deemed dividend and leaves the vendor with a capital gain eligible for the lifetime capital gains exemption — $1,275,000 for 2026. The conditions are not tax conditions. They are a statutory description of a vendor who has left the business, and the vendor’s counsel, not the accountant, is the one who has to make the client match it.

  • September 28, 2026

    Pulse Law welcomes Anthony de Fazekas as IP lead

    Anthony de Fazekas has joined Pulse Law as a lawyer and intellectual property lead, working in Toronto and Kitchener-Waterloo, Ont.

  • September 28, 2026

    Business valuations and M&A during tariff uncertainty

    The United States has launched tariffs under the Trump regime, and possibly future regimes, to counteract its decline as the world’s leading superpower. These tariffs impact valuation of any business engaged in global trade. To value such businesses, one must consider where the business operates, and whether that jurisdiction adjusted (i.e., Australia or Ireland, etc.), complied or negotiated a deal (i.e., the EU, Japan, U.K. and others), or retaliated (i.e., China or Canada).

  • September 25, 2026

    Ontario Appeal Court upholds refusal to certify Jehovah’s Witness sexual abuse class action

    The Ontario Court of Appeal has upheld the denial of certification of a proposed class action against a Canadian Jehovah’s Witness corporation over alleged childhood sexual abuse by congregation members.

  • September 25, 2026

    Federal Court allows leave to file new evidence in CNR trademark appeal

    The Federal Court has ruled that a successful party before the Trademarks Opposition Board may introduce material evidence on appeal to address evidentiary shortcomings identified by the board, as it may impact the appeal despite previous success. 

  • September 25, 2026

    Feds issue call, offer money to women entrepreneurs operating non-profit projects

    As part of the federal government's Women Entrepreneurship Strategy (WES), Ottawa is inviting proposals for a project called the WES Ecosystem Fund.

  • September 25, 2026

    Co-founder terminations: The importance of good paper signed on incorporation

    Barry Anthony Cullain owned one-third of an Ontario elevator maintenance business and was its vice-president of operations. The other two shareholders each held a third. While an acquisition financing was closing, they proposed to buy his shares. The financing failed. They took him off the payroll and said he had retired.