In Toronto Dominion Bank, NA v Lloyd’s Underwriters, 2017 ONCA 1011 [TD], the Ontario Court of Appeal opined on the fine details of Ontario’s summary judgment rule. In TD, TD Bank sought a declaration that it was entitled to indemnity under an insurance policy for loss relating to a Ponzi Scheme. A Florida lawyer ran a Ponzi Scheme […]
I recall one of my professors from law school lecturing on about the importance of juries to democracy and the common law system. A jury of one’s peers is the ultimate adjudicator, a set of one’s equals that may dispense with unbiased justice. So why are potentially important facts withheld from Ontario juries in motor […]
Properly characterizing an issue or legal approach can have a great impact on the outcome of a case, if only by making some facts more relevant than others. Kruger Incorporated v Canada highlights this point in the context of business taxation law and statutory interpretation law.
With Donald Trump’s election, Brexit, and a slew of other events, international trade is at the forefront of political commentary around the world. I wanted to share an interesting case I came across, one that highlights the dizzying complexity of tax and international trade law. I recently discovered the blog site, Law and the Multiverse, […]
Marginal Tax Rates, Tax Credits, and Tax Deductions: The Basics of Computing a Tax Liability Introduction This comment introduces readers to the calculation of tax payable under Part 1 of the Income Tax Act, and the difference between tax deductions and tax credits. Generally, all income earned from employment, business, or a property is taxable. […]
The Ontario Government announced its bid to increase the minimum wage to $15 per hour by 2019, planning “to create better jobs and fair workplaces.” This plan is in line with the Government’s persistent message of “fairness” in its policies. The justification for the increase in the minimum wage is that “Ontario’s economy has outperformed […]
Regulation could be hurting businesses, and the One-for-One Rule is a good step towards solving this harm. But is it enough?