Wattpad raises $61.25 million in financing round led by Tencent Holdings

January 17, 2018

Storytelling platform Wattpad has reaised USD $51 million ($CAD $61.25 million) in new funding from investors including Tencent Holdings Limited, a leading provider of Internet value added services in China, […]

Lifetime capital gains exemption increased as of January 1, 2018

January 9, 2018

Effective January 1, 2018, the lifetime capital gains exemption will increase to $848,252. As a result, every Canadian resident individual who disposes of qualifying small business corporation shares in 2018 can shelter […]

Buddybuild acquired by Apple’s Xcode engineering group

January 4, 2018

Vancouver-based Buddybuild, creator of app development tools, has been acquired by Apple’s Xcode engineering group. “We’re excited to share that the buddybuild team has joined the Xcode engineering group at […]

Revised Tax Legislation Released December 13, 2017

December 14, 2017

Just in time for an effective date of January 1, 2018, the Department of Finance released revised legislation on December 13, 2017 to address “income sprinkling”. This was one of […]

Changes to the Employment Standards Act, 2000 (“ESA”)

December 1, 2017

On June 1, 2017, the Ontario government introduced Bill 148, the Fair Workplaces, Better Jobs Act, 2017 (“Bill 148”). The Bill will come into force on January 1, 2018 (with […]

November update: Status of proposed tax changes

November 30, 2017

In an earlier post, we blogged about the announcements the government made regarding changes to the July 18th tax proposals affecting small business owners. In the October announcements, the government […]

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