There are various closing costs associated with purchasing a home in Toronto. Below is a brief summary of the most common expenses, their approximate cost, and how they are paid. Land Transfer Tax. Generally, the most...
August 23 , 2017 / Posted by Scott LemkePassing away without a will can leave your loved ones with unforeseen complications and, in some cases, disappointment. No matter what stage of your life, planning for your death is not just to provide you...
April 05 , 2017 / Posted by Scott LemkeAs a first-time home buyer (as described below), you may borrow a maximum of $25,000 ($50,000 for couples) interest free for 15 years from your RRSP when purchasing a principal residence. Borrowing from your RRSP...
April 05 , 2017 / Posted by Scott LemkeDue to commonplace public misinformation, it can come as a surprise when I inform my clients that the corporation for which they are a director and/or officer of is not an absolute shield against personal...
March 17 , 2017 / Posted by Scott LemkeA shareholder agreement is an excellent corporate governance tool that can protect minority shareholder interests, safeguard the company’s competitive interests, and regulate ownership and voting rights. Its flexibility allows shareholders to anticipate a variety of...
March 03 , 2014 / Posted by Scott LemkeI recently attended the annual general meeting of a relatively small public company traded on the TSX-V (market cap as of 11/29/13 was 9.121M) where a group of disgruntled shareholders launched a coup against the...
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