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Separate Corporate Personality Remains Alive and Well in Alberta

Separate corporate personality is not a loophole or technicality, but is an essential principle of corporate law, the Alberta Court of Appeal recently reiterated in Condominium Corporation No. 0828219 v Carrington Holdings Ltd., 2023 ABCA 222 [Carrington] and Swanby v Tru-Square Homes Ltd, 2023 ABCA 224 [Swanby]. Together, Carrington and Swanby highlight the powerful impact of separate corporate personality on shareholder liability for the actions of their corporations.
Scott Bower Heather Taskey Russell Kruger Alberta Court Carrington Holdings Ltd Carrington Hermitage Ltd

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What to Expect in Beauty Industry M&A

Deal-makers in Canada remain cautiously optimistic about M&A activity. The beauty industry presents an abundance of prospects for sophisticated Canadian investors and acquirers to pursue quality cross-border and international opportunities, particularly for those who remain able to leverage credit and financing despite higher interest rates and uncertain market conditions. The attractiveness of beauty industry targets may also present additional opportunities for capital raising.
Laura James Bennett Jones Written By Kwang Lim Partner Beauty Sector Update Middle East Private Equity Interest

General Minimum Wage in Ontario will Rise to $ 16.55 per Hour on October 1, 2023

On October 1, 2023, the general minimum wage rate that applies to most provincially-regulated employees in Ontario will increase from $15.50 to $16.55 per hour. The minimum wage rates for students, liquor servers, hunting and fishing guides, wilderness guides and homeworkers in Ontario will also increase on October 1, 2023. The Ontario Ministry of Labour has posted a list of these increased rates on its website.
Talia Bregman Bennett Jones Employment Services Ontario Ministry Of Labour Written By Talia Bregman Ontario Ministry October 1 2023

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