In this issue - #132 February 26, 2010

Curtis Darmohray - Estate Planning Lawyer - Pushor Mitchell   
Kevin Crookes - Chartered Accountant - Grant Thornton   
Gary Brezden - Financial Planner - Edward Jones

Please join us for an informative seminar addressing various legal, tax and financial estate planning considerations.

When:      March 24, 2010 for 4:00 - 6:00 pm
Where:     Pushor Mitchell - 4th Floor Boardroom

Seating is limited, so kindly RSVP to Curtis at 250-869-1125 or darmohray@pushormitchell.com

In the employment law world, wrongful dismissals eventually come down to a question of money.  Looking at how much money a wrongful dismissal might cost in damages, before you leap into firing, is a good strategy for any employer.

Finance Minister Jim Flaherty has announced new rules that will tighten up requirements for lenders approving mortgages.  The intent of the changes is, in part, to protect borrowers taking out variable rate mortgages while interest rates are low but who may be unable to make their payments when rates increase.

Over the past few months, we have provided insights into how to prepare for the sale of your business.  This month’s article focuses on options for payment upon closing of the sale.

This article is the fourth in my series on leasing First Nations land. My previous articles have reviewed the process for establishing new head leases and subleases on First Nations land. In this article, I will review the process for transferring interests in existing subleases.

The breakdown of a marriage is an emotionally challenging time for all involved and results in unique vulnerabilities on the parties. There is a duty to provide full and honest disclosure of one’s financial situation, assets and liabilities to their spouse in the negotiation of a Separation Agreement. Failure to do so resulted in the Supreme Court of Canada overturning a Separation Agreement in the case of Rick v. Brandsema and awarding the wife a further $650,000.