Tax
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June 24, 2025
Have your voice heard: Take Law360 Canada’s 2025 survey on lawyer satisfaction
Law360 Canada is seeking participants for an anonymous survey on career and life satisfaction in the legal profession. Take the survey in English or French.
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June 23, 2025
Evading tariffs not worth the risk
With Canada’s retaliatory tariffs still in effect due to the ongoing Canada-United States trade war, importers continue to grapple with the significant financial burden of high tariffs rates. In an effort to seek some financial relief, importers might be tempted to consider various “creative strategies” aimed at minimizing the amount of duties paid or payable. Many of these strategies are offered to innocent importers by unscrupulous actors seeking to turn a profit by selling easy answers. Unfortunately, these strategies are usually forms of customs “evasion,” with the importer on the hook for the potential liability.
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June 20, 2025
Taxpayers' Ombudsperson cites 5 common CRA complaints in annual report
The Taxpayers’ Ombudsperson François Boileau has released his fifth and final annual report tabled in the House of Commons, which discussed five recurring complaints about the Canada Revenue Agency (CRA) and two recommendations to the finance minister and chair of the CRA’s management board.
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June 20, 2025
OBA awards gala celebrates service to the legal profession and community at large
Toronto lawyer Angela Ogang had a good excuse not to attend the Ontario Bar Association’s annual awards gala June 19: She’d given birth to her baby the night before.
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June 20, 2025
Turning distress into strategy: Restructuring solutions for cannabis operators
As financial pressures continue to mount for cannabis operators across Canada, insolvency is becoming an increasingly common topic in boardrooms and legal consultations. While insolvency can be perceived as a last resort, the reality is more nuanced. For cannabis businesses facing tax debt, licensing constraints or liquidity crises, formal restructuring proceedings may provide a critical path to recovery.
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June 19, 2025
FCA sets aside decision that declared Ottawa must fill judicial vacancies ‘within a reasonable time’
A novel Federal Court action that tried to compel Ottawa to fix its chronic tardiness in filling superior court vacancies has been dismissed for lack of jurisdiction by the Federal Court of Appeal; however, the law firm that launched the case to help its clients and other litigants says its efforts were not in vain.
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June 19, 2025
U.S. tariffs will flatline Canadian GDP growth in second quarter, says PBO
The federal Parliamentary Budget Officer (PBO) Yves Giroux is predicting that Canada’s real GDP growth will be flat for the April-to-June quarter (Q2) of 2025, as the effects of pre-tariff stockpiling unwind and new U.S. trade measures begin to weigh on Canadian exports.
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June 19, 2025
Ottawa quietly reboots Trudeau-era cybersecurity bill passed by Commons but makes changes
The Carney Liberal government has quietly rebooted — with changes — a Trudeau-era cybersecurity bill that proposed new offences, large administrative monetary penalties (AMPs), gags and broad “compliance orders” for businesses, with the stated aim of defending critical infrastructure in the federally regulated sectors of finance, telecommunications, energy and transportation from the rising tide of electronic espionage, ransomware and other “malicious cyber activity.”
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June 18, 2025
Court certifies class action against law firm for retainer fees in failed tax case
The British Columbia Supreme Court has certified a “class action about a failed class action” against a law firm that acted as class counsel for the previous case and sought retainer fees from putative class members.
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June 18, 2025
Alberta professional regulatory regime changes
In May 2025, Bill 40 — the Professional Governance Act — received its third reading in the Alberta Legislature. The Bill changes the professional regulatory regime in Alberta by consolidating nine acts and 28 regulations governing 22 different non-health professional regulatory organizations under a single legislative framework.