Incorporation is only the beginning of the process, corporations in truth require continuous attention. One important order of business a corporation is required to conduct is an Annual General Meeting or an “AGM”. A corporations governing legislation will set out the time frame within which an AGM is required to be held. According to both the Canada Business Corporations Act and the Nova Scotia Companies Act, an AGM is mandated to take place at minimum once a yearRead More
A business run by multiple partners through a corporation in which you are all shareholders should have a shareholder’s agreement. Yes, even if you are all friends or family. In fact, it is perhaps even more important in that case! Business ventures sometimes fail and even the closest of friends can fight over how a business is being run. A shareholder’s agreement allows you and your partners to agree on many contentious points in advance of any problems arising while cooler heads still prevail.Read More
George Costanza, on an episode of Seinfeld, dramatically quit his job during a meeting. Regretting his impulsive decision, he decides to act like it never happened and simply shows up to work the next day. As was often the case, things went badly for George and he did not get his job back.
Employment disputes can be very tricky to deal with because our work is a fundamental part of our identity. Not to mention that jobs are how we put food on the table and a roof over our head. To make matters worse, there are plenty of myths, out of context advice, and some just plain wrong information floating around out there.Read More
Canada has some of the strongest anti-SPAM legislation in the world. Starting on July 1, 2017, it is going to get even tougher. In 2014 the Canadian Anti-Spam Law (CASL pronounced “castle”) became law in Canada. The purpose of the law is to protect people from getting commercial messages they do not want.Read More
The Nova Scotia general election is now in it’s last week. Polls suggest that the election is in a “dead heat”, which means that a small number of votes could determine the outcome of election. Still, some people feel that voting can be a hassle. Below is some information that will help you fulfill your civic duty in the 2017 Nova Scotia general election.
First, if you are new to Canada and you want to vote in Nova Scotia:
· you must be 18 years of age or older;
· you must be a Canadian citizen; and
· you must be a resident of Nova Scotia for 6 months before the election was called.Read More
If this past Super Bowl has taught us anything, it is that with the right team, anything is possible. The same is true in the business world and so one of the first questions I will ask a new business client is: who is on your team? The most common response I receive is something like “I am just a small business” or “it is just me”. Although I understand what you mean (certainly you run the day to day operations), I encourage my clients to think a little broader and to work at building a support network that will allow them to grow and protect their business in the long-term.Read More
Contrary to popular belief, trademark registration is not exclusively the realm of huge corporations and is more affordable than you might think. Many small but growing businesses have registered trademarks. In fact, many marks are registered based on “proposed use” in association with products or services that are not yet even available on the market. While trademark registration tends to be an after thought, it would be advisable for many new business to think about trademark registration as part of their overall intellectual property strategy sooner rather than later.Read More