My Blog List

Friday, 16 November 2018

Annual OSC Participation Fee Reminder – AUM Law

Ontario-registered firms and unregistered investment fund managers must file their annual participation fees by December 3.

Instructions can be found here.

Thursday, 15 November 2018

Rediscovering alternative assets in changing times – PWC


PWC takes a fresh look at potential returns in the various sectors collectively classified as alternative investments in the future. This article is highly recommended to any portfolio managers or advisers who are evaluating investments in this category.  


The article can be found here.

NAV Error Corrections – IFIC


The Investment Funds Institute of Canada (“IFIC”) published an updated bulletin in July on NAV Error Corrections for investment funds. This is an excellent reference to use when assessing the impact. 


The guide can be viewed here.

Sunday, 11 November 2018

Global Family Business Survey 2018


After PWC surveyed nearly 3,000 family businesses across the globe, they were able to prove that family businesses - built around strong values and with an aspirational purpose - have a competitive advantage in disruptive times. This will be of interest to a PM or IB firm that is owner managed.

The complete PWC article can be read at this link.

Wednesday, 7 November 2018

National Bank of Canada to launch its own ETFs


We are very excited to announce that National Bank will be launching some very interesting ETF’s later this year. The funds will provide exposure to active preferred shares, family businesses, real assets and the new liquid alternatives market.

Globe & Mail summary article.
Preliminary Fund Facts

Monday, 5 November 2018

GST/HST Section 167 Sale of a Business Election - Rotfleisch & Samulovitch P.C.


This article will be useful for a Portfolio Manager or Introducing Broker undertaking the purchase or sale of a business. Most taxpayers contemplating this transaction are aware that it will have Canadian income tax consequences. Far fewer taxpayers are aware of the potential GST/HST consequences.   


The New Refundable Dividend Tax on Hand Regime for CCPCs - PWC


For taxation years beginning after December 31, 2018, all Canadian controlled private corporations (CCPCs) earning investment income must consider a new set of complex rules relating to their refundable dividend tax on hand (RDTOH) balances.

The detailed PWC article.