The CIBC Overtime Case: Chapter III

In the fall of 2007, we told you about a class action lawsuit against the Canadian Imperial Bank of Commerce (CIBC). The lawsuit, led by CIBC teller Dara Fresco, alleged that CIBC non-management employees are forced to work unpaid overtime since they are assigned heavy workloads that cannot be completed within standard working hours. In […]

Is Your Family’s Business Ready for the Hand Off?

“…it is difficult to pass a family business successfully from one generation to the next if family, financial and legal preparedness do not exist.” –Canadian Journal of Policy Research In 1999 Deloitte & Touche and the University of Waterloo published the results of a survey that considered how ready Canadian family-owned businesses were for the […]

Part 2: The Handoff

Earlier this year, we asked the question “Is your family’s business ready for the hand off?” If it is not, you are not alone. Although more than 70 percent of small business owners have plans to retire within the next 10 years, almost two thirds have no concrete plan for the future of their business. […]

The Holiday Shopping Primer

The Christmas season is the biggest shopping event of the year. To make your holiday shopping as hassle free as possible we have prepared a list of helpful information to read before you head to the mall. Deposits Many consumers put down a deposit on an item or arrange to purchase through a layaway plan. […]

Debts, Security, Priorites

Debts, Security, Priorites Credit plays a significant role in our economy; unfortunately so too does insolvency and red ink. Therefore it is important that creditors have an understanding of the laws that govern debt, security and priorities. In this article we introduce you to three key pieces of legislation. In future editions of Legal Issues […]

Caveat Emptor or Buyer Beware

Caveat Emptor or Buyer Beware If you are in the market for a home then one of the most important things you should remember are the words Caveat Emptor! Despite the evolving nature of the law, one thing that has not changed is the rule of buyer beware. What this means, is that it is […]