The Canadian cannabis industry’s new era of compliance

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The Canadian cannabis industry has arrived at an impressive level of financial success following a sometimes rocky road to recreational legalization. In just a handful of years, we’ve seen the use of cannabis go from social taboo to widely accepted, and the cultivation and sale of the plant go from shady criminal pastime to one ….

Recent tax and regulatory changes impacting Canadian real estate market

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In recent months, a number of tax and regulatory changes have taken place which impact the Canadian real estate market. Some of these changes have the potential to be highly beneficial to Canadians, others present challenges, and some simply require pause for consideration. As trusted business advisors, the team at Zeifmans remains continually informed so ….

5 matters to consider when contemplating selling your startup

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To sell, or not to sell? It’s one of the most common debates we see here in our firm that happens to coincide with being an entrepreneur It’s part of the quintessential story arc of the entrepreneurship: Start, grow, sell. And it’s a lucrative prospect, particularly in Canada in 2019. There are several reasons why ….

Health Canada’s new cannabis licensing process

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Last year’s full legalization of cannabis in Canada opened the door for an already growing industry to gain further momentum. But the country’s cannabis producers have experienced challenges as the government continues to evolve the licensing process. Health Canada has stated the intention of encouraging both large and small cannabis producers, but many are criticizing ….

4 reasons why your family business needs a succession plan advisor

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58% of business owners do not have a succession plan[1]. Can you guess what the single biggest reason is for setting aside that task? 78% of respondents say that they’ve neglected developing a formal succession plan because they enjoy their work too much to think about retiring! It’s a heartening statistic, and a testament to ….

Zeifmans can help you navigate through the weeds

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Legal sales of cannabis in Canada are expected to reach $6.5 billion per annum by 2020. As this industry reaches new heights, there is ample opportunity for both entrepreneurs, investors and already existing cannabis businesses in the space to grow in this exciting market. Let Zeifmans help you navigate through the weeds. To learn more, reach ….

Zeifmans’ Quarterly 3 – Examining top considerations for non-residents selling a Canadian property

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Zeifmans’ Quarterly 3 is back for a second round, where partners Ahmad Aslam and David Posner  answer 3 of your real estate sector tax and accounting questions. Today, they explore the following topics: Top 3 considerations for non-residents selling a Canadian property. Have additional questions? Review our post, Dealing with Canadian real estate owned by a ….

Succession planning and tax planning: two of a kind

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Small business owners have a lot on their plates. A smaller team means in many cases that the owners have to wear multiple hats, playing several different roles at once. Once the company increases in profitability, the work doesn’t stop; the challenges just change and evolve. Given that small business owners tend to be so ….