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Building a Solid Foundation – Knowing your options when it’s time to issue shares

Once your startup begins to see success, discussions often turn to shares – namely, the amount that should be issued and who should gain equity in your company. Zeifmans’ experts teamed up with Cassels Brock & Blackwell LLP, a full-service business law firm, to author this guide to help your startup with considerations around issuing shares and creating a solid share structure.   ...

Ontario tweaks Business Corporations Act, making it more business-friendly

This summer, two small but important amendments to the Business Corporations Act (Ontario) came into effect. These amendments eased restrictions on governance so that Ontario businesses can operate more efficiently, ensuring consistency with other Canadian jurisdictions.   Effective July 5, 2021, the new amendments also reduced approval thresholds for written shareholder resolutions and led to ...

BDC insights for tech companies looking for financing – and why your accountant should be your first stop

Securing financing from a top lender like BDC doesn’t depend on luck or a splashy pitch deck. There’s a surprising amount you and Zeifmans Technology and Startups team can do beforehand to speed up the application process and ensure your tech business gets the loan it needs.  We chatted with Marc-André, Regional Director of Technology Industry at BDC about ...

Founder frenzy: COVID created a startup wave, here’s how to ride it

The COVID-19 era has been characterized by countless surprises: Real estate booms, a sourdough craze, and now a drastic increase in the number of new startups entering the market. That’s right: During a time when it would otherwise appear risky to start a business, more entrepreneurs have decided to get started on building a ...

Will stock option taxation changes hurt hiring?

Employers in Canada’s emerging industries like cannabis, psychedelics, and agritech are concerned about how upcoming changes to the taxation of stock options will impact their ability to recruit top talent. Traditionally, stock options are among the most enticing incentives used to attract senior talent; particularly the type of executives who are equipped to drive ...

Procurement prep and supply chain stability in 2021

Roughly a year ago, we published a blog post outlining the ways in which businesses needed to pivot in order to succeed amidst early–COVID supply chain shortages. Little did we know that one year later, the world would continue to be impacted by pandemic-associated delays.  Partial and full lockdowns across Canada (and the world), border restrictions, ...

Thriving during economic recovery: A guide for businesses

Have you stopped to poke your head up yet? For many Canadian businesses, the last year has felt like competing in an Olympic-level hurdles race. We’ve weathered one challenge after the next, with a view of “normal life” still off in the distance. People have lost jobs, and businesses have fallen on hard times. ...

Plant protein packs a punch in Canadian markets

It’s been predicted that the plant-based food market will be worth an estimated $74.2 billion[1] by 2027. We’re not talking about your mother’s tofu anymore – plant protein foods come in considerable variety and are not solely consumed by people who maintain an animal-free diet. In fact, it is said that 89% of consumers ...