Buying a business is an exciting time and you want to ensure you take the right steps to make the process as smooth as possible. Before purchasing a company, consider the following: Know what you are buying: will it be the shares of the company or the assets. It is important to understand what structure…

Read More

What happens to an Estate if there is no Will or How does Probate work if there is no Will? If a person dies without a will, they are said to have died Intestate. A will is important because it directs how an estate should be administered and divided amongst loved ones. It also appoints…

Read More

BC Covid-19 Business Recovery Grant and Benefit Program Alert: Deadline Reduced! The program deadline has been reduced to July 2, 2021 or until funds are fully expended, whichever comes first Businesses only need to show a 30% revenue loss from March 2020 to now when compared to the same one-month period in 2019 Help preparing a…

Read More

The Residential Tenancy Branch (“RTB”) is authorized under the Residential Tenancy Act and Regulation and the Manufactures Home Park Tenancy Act and Regulation. The scope of the branch is to provide a process for landlords and tenants to start a civil action in relation to a residential tenancy dispute. Some of the common matters the RTB hears relate to returning a deposit,…

Read More

The Land Owner Transparency Act As of November 30, 2020, the Land Owner Transparency Act (“Act/LOTA”) will be in effect. The Act was created by the BC government as a measure to assist with tax evasion, fraud, and money laundering. The LOTA will be the first of its kind in Canada. The Act has established…

Read More

Dr. Bonnie Henry, British Columbia’s Provincial Health Officer, announced various Province-wide restrictions today that have an impact on Businesses in BC. BC Employers must review and reinforce their efforts on their COVID-19 Safety Plan A reminder that every business must have a Covid-19 Safety Plan which can be readily viewed by staff and members of…

Read More

As of October 1, 2020, private companies incorporated under the BC Business Corporations Act (“Act”) are required to maintain and prepare a Transparency Register. This requirement came into effect to assist with the fight against financial crime. Register Requirements  The Register requires a company to list each “significant individual” who directly or indirectly: owns or controls 25% or more of the shares or…

Read More

***November 19, 2020 – UPDATE – Dr. Bonnie Henry, Provincial Health Officer, announced various increased measures to curb the spread of Covid-19 in the Province.   Click here to see how it affects your business. “Every employer in BC is required to have a COVID-19 safety plan that assesses the risk of exposure at their workplace…

Read More