You’ve probably heard that protecting your intellectual property is important. This is good advice. But just what is intellectual property? Why is it so important to protect? And how does one proactively protect it? If you have ever asked any of these questions, you’re reading the right blog post. What Is Intellectual Property? If you [...]
Member-Funded Societies BC’s new, modernized Societies Act came into force on November 28, 2016. The new and improved legislation includes significant updates allowing for increased flexibility in how societies operate. The concept of member-funded societies is one of these substantial changes. According to the new Act, member-funded societies will be treated differently than charities and [...]
On November 28, 2016, British Columbia replaced its old Society Act with the new, modernized Societies Act, marking the first major change to the legislation since the 1970s. The new Act governs the diverse range of not-for-profit organizations and registered charities within BC, and it offers a variety of positive features providing greater flexibility in [...]
Changes to B.C.’s Home Owner Grant, which reduces the amount of property taxes payable on principal residences throughout the province, have been introduced in response to rising property assessment values. The threshold for home values eligible for the Home Owner Grant has been raised to $1.6 million, a 33% increase from the previous level of [...]
The Premier of British Columbia Christy Clark has announced that the provincial government is “going to lift the foreign owners’ tax on people who have work permits, who are paying taxes and living in British Columbia”. Following the recent implementation of an additional 15% property transfer tax on all purchases by foreign entities (including foreign [...]
