Authors: Marc Laatu Date: June 13, 2025 Leasing commercial space is a major step for any business in Ontario — whether you’re opening your first retail store, expanding an office, or renting a warehouse. Unlike residential tenancies, commercial leases are largely governed by contract law and offer much greater flexibility — and risk — for […]
Author: Marc Laatu Date: May 26, 2025 Introduction When starting a business in Ontario, one of the most important decisions you’ll make is choosing the right business legal structure. The two most common options for a business legal structure are a sole proprietorship and a corporation. Each comes with distinct costs, benefits, and responsibilities — […]
Authors: Anoop Chahal, Marc Laatu Date: April 15, 2024 Introduction The letter of intent, also known as an LOI, a term sheet or a memorandum of understanding (MOU), can be an effective first step when buying or selling a business. The purpose of a letter of intent in a business transaction is to set out the […]
Author: Jasmine Salamon Date: March 5, 2024 All corporations in Ontario are required to create, maintain, and preserve a range of corporate documents known as “Corporate Records”. These records are typically stored in the corporation’s minute book, which acts as the official record of the corporation’s activities and history. Typically, the Corporate Records are kept […]
Author: Jasmine Salamon Date: March 23, 2023 Buying a house is a very exciting process and one that prospective Buyers should be prepared for. Whether it’s arranging your mortgage or submitting an offer to purchase, making a mistake when buying a house can lead to many future headaches. This is one of the reasons why […]
Author: Jasmine Salamon Date: February 15, 2023 For many, buying a house is the largest, and most important, investments they will make. Given its importance, and price tag, there are many considerations involved in the process of purchasing a house. This article is intended as a broad overview of the key legal steps in the […]
Authors: Jasmine Salamon, Marc Laatu Date: January 19, 2023 There are many stages in the purchase or sale of a business. Part of a new series on our website, this article provides an in-depth review of the due diligence process so that you can know what to expect and how we can help. For a more […]
Authors: Jasmine Salamon, Marc Laatu Date: December 19, 2022 There are many stages in the purchase or sale of a business. Part of a new series on our website, this article is intended to help first time buyers (or sellers) understand key concepts which will arise during the transaction, with the focus of this article […]
Author: Jasmine Salamon Date: November 14, 2022 Effective January 1, 2023, the Ontario Business Corporations Act (OBCA), will be amended to require that all Ontario private corporations create and maintain a registry of ‘individuals with significant control’ (ISC). In this article, we answer five frequently asked questions regarding the new Ontario ISC registry requirements so […]
Authors: Jasmine Salamon, Marc Laatu Date: October 18, 2022 The new City of Thunder Bay, By-Law No. 1/2022, Zoning By-Law (the “2022 Zoning By-Law”) was approved by City Council on April 11, 2022. Implementation of the 2022 Zoning By-Law was delayed due to several property-specific appeals of the Zoning By-Law to the Ontario Land Tribunal (OLT). On September 27, […]