News & Analysis as of

Canada Family Businesses

Davies Ward Phillips & Vineberg LLP

Government of Canada Releases Package of Proposed Domestic and International Tax Legislation

The Department of Finance (Finance) released draft tax legislation for public consultation on August 4, 2023, with a stated focus on promoting tax fairness and a clean economy. The most significant item released is the...more

Bennett Jones LLP

Why Family Enterprises Need to Develop an Ownership Strategy

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Developing an ownership strategy within a family enterprise has many dimensions. Formal strategies provide structure, help overcome challenges and address complications that can arise when future generations take over....more

Bennett Jones LLP

Boundaries, not Barriers, in Family Enterprises

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In every family enterprise there are three key elements—the business, the family and the owners. These can be viewed as separate circles to help understand the different kinds of relationships in an enterprise and how they...more

Bennett Jones LLP

Tax Relief for Intergenerational Transfers in Force…For Now

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The Federal Government has backtracked on its plan to delay the application of Bill C-208, a private member's bill aimed at facilitating intergenerational transfers of small businesses and farms. Until at least November 1,...more

Bennett Jones LLP

Tax Relief for Intergenerational Transfers in Limbo

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Bill C-208, a private member's bill aimed at facilitating intergenerational transfers of small businesses and farms, received Royal Assent and became law on June 29, 2021. Just one day later, on June 30, 2021, the Federal...more

Bennett Jones LLP

Bill C-208 Poised to Facilitate Intergenerational Small Business and Farm Transfers

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A private member's bill aimed at facilitating intergenerational transfers of small businesses and farms has moved one step closer to becoming law. After passing third reading in the House of Commons on May 12, 2021, with 199...more

White & Case LLP

Ahead of the pack: US M&A 2019: US dealmakers steer a steady path through global headwinds

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As the rest of the world backed away from the deal table, confident US corporates continued buying businesses—especially in the life sciences and TMT sectors, and particularly in the domestic market. US dealmakers had a...more

Blake, Cassels & Graydon LLP

Quebec 2016-2017 Budget: Continued Fiscal Discipline

On March 17, 2016, the Quebec government (Government) unveiled the 2016-2017 budget (Budget). The Government confirmed that it balanced the books for 2015–16 and anticipates maintaining a balanced budget for 2016–17. The...more

Bennett Jones LLP

Succession Planning: A Rare Tale of Family Business Survival

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In a recent article in The Globe and Mail, Beverley Smith recounts a rare tale of family business survival in which a Halifax seed company is still operating in the fourth generation....more

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