Today
Today

Let pension plans borrow

  • October 27, 2021

How permissive should borrowing rules be for registered pension plans? The Pension and Benefits Law Section of the Canadian Bar Association, in a letter to Finance Canada, says it is in favour of a more permissive regime under paragraph 8502(i) of the Income Tax Regulations, or ITR.

Forcing charities to erode capital is not a solution

  • October 27, 2021

A charity’s disbursement quota, or DQ, is the minimum amount of money it must spend on its charitable activities or gifts to qualified donees. This minimum is set to ensure funds collected by charities are used for charitable activities and not accumulated indefinitely. The DQ is calculated as a percentage of a charity’s property value that is not used for charitable activities or administration.

Don’t force lawyer agents to be doubly insured

  • October 27, 2021

The College of Patent Agents and Trademark Agents, or CPATA, regulates patent and trademark agents in Canada. It recently released a consultation paper on a proposal for mandatory liability insurance coverage for patent and trademark agents.

Protecting temporary foreign workers

  • September 21, 2021

The Immigration Law Section of the Canadian Bar Association suggests ways to improve regulations to protect vulnerable workers while they are in Canada.