The explosion of financial scandals in the late 1990s and the early 2000s, followed by the onset of the financial crisis, has led to increased scrutiny by regulators and self-regulatory bodies in the financial sector, and to the adoption of new laws and regulations.
As at the time of writing this article, the dots are not all yet connected for the launching of the Quebec government’s bold and ambitious Plan Nord. The Société du Plan Nord, a Crown corporation that will be a key player in determining infrastructure priorities, has still to be created, and not all the political players on whom the viability of the project depends are currently on board. As the months go by, the rules are firming up but at the same time becoming more complex.
All municipalities in Québec collect a tax, termed “transfer duties”, whenever the right of ownership in a real estate property is transferred, subject to certain exemptions and exclusions. It is important to understand what this tax consists of, in order to fully appreciate its impacts and plan any real estate transfer.
No matter what industry they are involved in, all trademark holders should be concerned about the new “.xxx” Web domain for online pornography businesses, which will be launching over the coming months.