RLB Blog

As part of the 2021 Federal Budget, the Government of Canada announced plans to add an annual tax of 1% on the value of residential real estate owned by any non-resident, non-Canadian that is considered vacant or underused. The rules for UHT were enacted June 9, 2022 for residential properties owned at December 31st each year starting December 31st, 2022.

Guelph, ON – February 9, 2023 – RLB is proud to announce that Alex DiLello has been accepted as a Full member of STEP Canada and has earned the designation of Trust and Estate Practitioner (TEP). The Society of Trust and Estate Practitioners (STEP) is a global professional body, comprised of accountants, lawyers, trustees and other practitioners that help families plan for their futures. 

Being asked to be the Executor of a Will (or the Executor of an Estate) is one of the greatest possible honours any one person can receive. It is a true testament of trust bestowed upon you by the individual in question. While being asked to act as an Executor is certainly a flattering experience, it is important to know this responsibility can sometimes require an enormous amount of work—becoming a full-time job in some cases. 

Pursuant to the Occupational Health and Safety Act (OHSA), as of June 1, 2023, some Ontario Workplaces are required to provide naloxone kits.

On December 15, 2022, Bill C-32 received Royal Assent which included the new residential property flipping rules. This new rule aims to ensure profits from flipping residential real estate are subject to full taxation and not eligible for capital gains treatment or the principal residence exemption.

What is a Family Trust anyway and why do you need one? We have compiled some of the most common questions that our team receives regarding trusts to fully explain the intricacies of the Inter vivos (Family Trust) world. 

With a new year comes new legislative updates!

One of RLB’s core values is to give back to our communities that have supported us throughout the years. As much of the world moves on from pandemic life, many families in our communities are still struggling with food insecurity and the increased cost of feeding our families. With these ongoing challenges facing our friends and neighbours, we wanted to find a way to bridge the gap.  

While it may be the most wonderful time of the year for some people, for many the holidays can be associated with stress, chaos and overwhelm.

Employee engagement is defined as “the strength of the mental and emotional connection employees feel toward the work they do, their teams, and their organization”