Tax
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June 27, 2025
CSA proposes ban on chargebacks in investment fund sales
The Canadian Securities Administrators (CSA) is proposing to ban chargebacks, a practice that allows investment funds, including mutual funds, to require dealers to repay upfront commissions if clients redeem their securities before a set period.
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June 27, 2025
Tax Court turns to 1997 'safe harbour' rule to allow appeal related to refugee’s expired work permit
The Tax Court of Canada has allowed an appeal of a decision that ruled that the appellant was not in insurable and pensionable employment for a period of about one year because his work permit was not renewed.
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June 26, 2025
Federal Court Chief Justice Crampton to retire in fall after 14 years leading national trial court
The Federal Court announced that its chief justice, Paul Crampton, will retire from the bench next fall, after almost 14 years as the court’s leader and 16 years as a puisne judge with the itinerant national trial court.
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June 26, 2025
FedCt unveils new practice guidelines; cuts oral, written argument in visa, work & study permit JRs
The Federal Court this week “paused” its study permit pilot project and announced that, for judicial reviews of denials of temporary resident visas, study permits and work permits, the default maximum time for hearings will be reduced to 45 minutes and the default maximum written submissions will be limited to 20 pages, starting Sept. 2.
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June 24, 2025
Canada to impose new trade measures to protect domestic steel, aluminum sectors
The federal government will adopt additional tariff measures based on the “country of melt and pour” for steel and “country of smelt and cast” for aluminum over the coming weeks, aimed at protecting domestic steel and aluminum industries that are facing 50 per cent U.S. tariffs.
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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.