Canada’s 2022 budget contains some significant tax changes that will affect Canadian businesses. The carbon capture Investment Tax Credit first introduced in 2021 has been reintroduced; banks and insurers will see their taxes increase; and the General Anti-avoidance Rule (GAAR) will be revisited, with legislative proposals to be tabled by the end of the year.
The Metaverse is a far reaching concept being discussed in many different spheres of business. However, much confusion still exists in the lending, borrowing and insolvency spaces as to.
Two years ago I commented on a murder conviction in New Zealand that had been achieved by means of a Mr. Big operation (Mr. Big secures conviction in New Zealand). The jury had found David Lyttle guilty of murdering Brett Hall for whom Lyttle had been building a house on Hall’s rural property north of Wellington. There was no body and negligible confirmatory evidence. Furthermore, many of the statements made to “Scott” (Mr. Big) were either provably false or prima facie implausible. The judge had instructed the jury that they could not convict Lyttle based solely on the confession. Lyttle was nevertheless convicted.
B.C.’s top court has upheld a decision by the provincial government to deny a man’s attempts to build a small hydroelectric generator on a creek important to the spiritual practices of a First Nation, despite his arguments that the move denied his constitutional rights to a religiously neutral state.