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.
Continue ReadingPursuant to the Occupational Health and Safety Act (OHSA), as of June 1, 2023, some Ontario Workplaces are required to provide naloxone kits.
Continue ReadingOn 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.
Continue ReadingWhat 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.
Continue ReadingWith a new year comes new legislative updates!
Continue ReadingOne 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.
Continue ReadingWhile 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.
Continue ReadingEmployee engagement is defined as “the strength of the mental and emotional connection employees feel toward the work they do, their teams, and their organization”
Continue ReadingAs the end of the year and the holidays approach many employers are looking for ways to mark the occasion and thank their employees for another successful year. Gift cards are always a great choice; they're devoid of possible allergens, they offer a world of possibilities, and they're tax-exempt.
Continue ReadingExecutive Summary On Nov. 3, 2022, Canada’s Minister of Finance, Chrystia Freeland, released Canada’s Fall Economic Statement; the government’s first update in the wake of high inflation, increasing interest rates and economic uncertainty. The 2022 Fall Economic Statement introduces several new tax measures and affirms the government’s intention to proceed with previously announced tax measures, although the implementation date of some key measures is being delayed (trust reporting rules, mandatory disclosure rules and excessive interest and financing expense limitation rules).
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