Sentences with phrase «canadian business corporations»

The clear objective of the oppression remedy is to supplement the rights to which a member is entitled and to protect them against risks lying outside what may reasonable be expected at the time they became a member, to paraphrase Kevin McGuinness, Canadian Business Corporations Law, (Markham: LexisNexis, 2007) at pp. 1261 - 1262.

Industry Canada Industry Canada is the government agency which oversees the incorporation of Canadian companies and administers the Canadian Business Corporations Act.

Most areas of law have a definitive text that Mirando says can work as a great shortcut in legal research; books such as Stephen Waddams» The Law of Contracts and Kevin McGuinness» Canadian Business Corporations Law.

Also, while it likely won't hit until 2018, issuers should track the amendments to the Canadian Business Corporations Act, which passed their first reading in Parliament in September.

Not exact matches

Businesses that meet the standards of a Canadian - Controlled Private Corporation (CCPC) pay the lower small business rate on the first $ 500,000 of active business income, and the general corporate tax rate beyond that.

Canadian corporations haven't done enough in this area and are missing out on related business benefits, like a more productive and innovative workforce.

The former Liberal cabinet minister in January became president and CEO of the Canadian Council of Chief Executives, a business association representing 150 of the country's biggest corporations.

Shareholders and business - owners of privately - held Canadian corporations can expect a tax increase on dividend disbursements starting next year.

Nevertheless, like Haskayne, a growing number of Canadian business leaders are sick and tired of watching executives at our big - name corporations play the role of feed keeper in an eat - or - be-eaten world.

According to an exclusive Canadian Business investigation, some Canadian corporations are now paying virtually no taxes at all.

Aequitas co-founder and CEO Jos Schmitt told Canadian Business earlier this year that one of the problems with Canadian capital markets is that companies launch initial public offerings before they're mature enough to operate as publicly traded corporations:

A Canadian Controlled Private Corporation (CCPC)-- it might be a doctor's practice, or a farm, or a restaurant — pays about 15 per cent tax on profits from its main business line.

A legion of Canadian corporations recently acquired new CEOs: Guy Laurence joined Rogers (which owns this magazine) last December, one month after BlackBerry brought in turnaround artist John Chen to fix its ailing smartphone business; at TD Bank, Bharat Masrani spent a year (some might say his entire career) preparing to take over for Ed Clark, while across the street at CIBC, internal candidate Victor Dodig was given just six weeks before he replaced Gerald McCaughey.

Quite apart from the fact that Silvercorp is a Canadian - based corporation with Canadian senior management (not to mention mineral assets in Canada) and is already audited annually by Ernst & Young, Feng disputes the characterization of China's business culture as lacking transparency.

When asked about the PBO findings Thursday, Morneau said the government pursued the changes because some Canadians were lowering their taxes by sprinkling income to children or their spouses in a private corporation, even though those family members weren't actively engaged in the business.

As Dominic Barton, the global managing director of McKinsey & Co., noted recently in Canadian Business cash levels for corporations in this country have increased by 60 % since 2008.

Van Alstine offers a different version: «We were three corporations that owned three - quarters of Odgers» Canadian business.

Mr. Price is a director of Canadian Tire Corporation and serves on the St. Michael's Hospital Foundation Board and the Dean's Advisory Board at the Schulich School of Business.

July 14, 2015 — CCGG's Executive Director Stephen Erlichman was quoted in The Globe and Mail about a legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors.

And lastly, Canadian businesses should look to some of the world's largest corporations for inspiration, at least when it comes to clean energy.

A majority of private companies — known as Canadian - controlled private corporations (CCPCs)-- are created by people in top income brackets to hold a private business.

Officers and directors of Canadian corporations should strongly consider investing in creating or maintaining an ethical corporate culture, which now more than ever constitutes an imperative for ensuring a viable foreign business and the avoidance of personal sanctions including imprisonment.3

The increased prison terms for Canadian nationals including officers and directors of Canadian corporations, the elimination of territorial jurisdiction test by explicitly providing for a «nationality» test, the increased risk exposure to CFPOA penalties by adding a books and records provision, and the elimination of exceptions and defences such as those for facilitation payments and businesses not earning profits, all point towards continuing vigorous enforcement by the Canadian government of the CFPOA.

The Canadian Credit Management Foundation was formed in 1996 following the sale of Creditel of Canada Limited, a business credit information firm serving 12,000 Canadian corporations.

After all, there are all sorts of unfair tax rules and abuses, including large corporations shifting income overseas to avoid Canadian taxes, the ability to deduct and split the fat pensions of government employees and even the ability for some to set up fake private companies to benefit from small business tax provisions.

A uniquely accomplished Canadian and a native of Burnaby, British Columbia, John H. McArthur was the Dean of Harvard Business School from 1980 through 1995, Senior Advisor to the President of the World Bank from 1995 to 2005, a founding Board Member of the Canada Development Investment Corporation, and is currently Dean Emeritus at Harvard Business School.

As we reduce the small business tax rate to 9 percent from 11 percent, we will ensure that Canadian - Controlled Private Corporation (CCPC) status is not used to reduce personal income tax obligations for high - income earners rather than supporting small businesses.

While government workers have gold - plated pensions often starting at age 55 and many employed Canadians have employer - matched RRSPs, the small business owner is counting on the value of the business — including any investments owned by the corporation — for his or her retirement.

The small business tax rate, which is really the taxation rate for a Canadian - controlled private corporation (known as CCPC), is also used by high - income households as a form of income splitting with dividend distributions shared between spouses, Mintz said.

Specific policies include encouraging job creation and innovation in the new energy economy; improving the fairness of employment standards (including re-establishing the National Minimum Wage; reversing «tax giveaways» to corporations; introducing and maintaining balanced budgets; protecting Canadians from «price gouging» by businesses; implementing income stabilization programs for farmers; promoting long - term economic and environmental sustainability of marine and forestry resources; and re-investing in education, skills training and apprenticeships to help Canadians succeed in the economy.

Canadian Western Trust is a trusted name for a growing base of clients in the business of retirement, trustee and custodial solutions for financial advisors, corporations and individuals.

Kim also serves as a board member with the following: the Canadian Coalition for Good Governance, the Community Business Diversity Council, the Women's College Hospital Investment Committee, and the United Corporation (a listed closed - end fund).

«We believe that strong communities create strong businesses,» says Paul Desmarais, Jr., Chairman and co-CEO of Montreal - based Power Corporation of Canada, whose holdings include Great - West Life, Investors Group and several other leading Canadian financial services companies.

Canadian merchants ranging from small independent business to large multinational corporations will also receive unique visibility into their cash flow with powerful, web - based reporting.

He has over twenty - five years of combined business and legal experience and has acted for a wide range of Canadian and foreign public corporations, principally in the mining sector.

As a founding Canadian B Corporation, we've had our business audited to ensure we meet rigorous standards of social and environmental performance, accountability, and transparency.

This order concerns unauthorized passenger air service between points in the United States by The Craig Evan Corporation doing business as Flightexec (Flightexec), a Canadian air carrier authorized by the Department to engage in foreign air transportation1 pursuant to an exemption2 from the permit requirement in 49 U.S.C. § 41301.

«With 90 years of history serving Canadians in communities from coast - to - coast, it's fitting that we're partnering with another great Canadian company to support our business,» said Eugene Roman, Chief Technology Officer, Canadian Tire Corporation.

Economist Michael Wolfson showed that those in the top 0.01 per cent of income earners are more than 10 times as likely to hold shares in a small business corporation compared to median - earning Canadians.

Canadian blue chip stocks are big, well - established, dividend - paying corporations in Canada with strong business prospects.

Labour Sponsored Investment Funds (LSIFs) are corporations sponsored by labour organizations designed to invest in small and mid-size Canadian businesses.

Given the current effort by the federal government to clamp down on some of the income «splitting and sprinkling» tax benefits of Canadian - Controlled Private Corporations (CCPCs), there's definitely a lot of uncertainty among executives, business owners, and professionals about the tax benefits of incorporation.

Small business owners, along with incorporated doctors, lawyers and other professionals, breathed a collective sigh of relief on Tuesday night as they started to parse through the government's entirely new approach to dealing with passive investment assets held by Canadian controlled private corporations (CCPCs).

The small business tax rate, which is really the taxation rate for a Canadian - controlled private corporation (known as CCPC), is also used by high - income households as a form of income splitting with dividend distributions shared between spouses, Mintz said.

Right now, business owners who operate through a Canadian - controlled private corporation (CCPC) are able to claim the small business deduction on the first $ 500,000 of active business income which allows them to pay extremely low rates of tax when the income is initially earned.

Canadian residents (who are not US citizens) may be subject to US estate tax if they die owning certain US assets, such as shares of US corporations, US real estate and US business assets.

To qualify as a QSBC, a company must be a Canadian - controlled private corporation and at least 90 % of its assets must be used in an active business in Canada.

Project learn $ ave, brainchild of the non-profit Social Research and Demonstration Corporation told 3,583 low - income Canadians who participated in the program that every dollar they saved would be matched by $ 3 in virtual credits to be used for training, education or starting a small business.

Canadian ad man Terry O'Reilly, author of The Age of Persuasion, has a very funny and informative radio show on the Canadian Broadcasting Corporation covering the business of advertising.

Potential Changes to Canada's Trademark Laws — Learn about the potential changes to Canada's trademark laws which, if implemented, will impact thousands of Canadian businesses, crown corporations, not - for - profits and other organizations which use trade names, brand names, products or services, but are not trademarked.