News | Watson Goepel LLP

4 November 2021

Land Owner Transparency Registry filing deadline extended

By Arthur Cullinan

The B.C. government has announced a one-year extension to the deadline for pre-existing owners to file with the Land Owner Transparency Registry (“LOTR”).  Reporting bodies with an interest in land will now have until November 30, 2022 to file a transparency report without incurring penalties.  The government has explained that the rationale behind this extension is…

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16 August 2021

Landowners take note: 3 month deadline to file landowner transparency report (LOTR) and avoid penalty

By Arthur Cullinan

Relevant corporations, trustees of relevant trusts, and partners of relevant partnerships which have an interest in land are required to file a transparency report under the Land Owner Transparency Act (“LOTA”) by November 30, 2021. Failure to do so could result in significant fines being levied against the corporation or other entity.  The following summarizes…

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28 September 2020

BC Launches InBC: $500M investment fund for businesses

By Arthur Cullinan

The BC Government has launched InBC, a new $500M investment fund designed to support high growth potential businesses and drive economic growth in every region of the province.  Although details of the new investment program are yet to be released, we understand that InBC plans to invest in small and medium-sized B.C. companies in an…

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23 June 2020

The new B.C. “benefit company”: Meaningful marketing tool or hollow political posturing?

By Arthur Cullinan

On 30 June 2020, the Business Corporations Act will be amended to introduce a new type of company called a “benefit company”.  While there are legitimate concerns as to whether this new type of company is actually needed, the concept could provide a lucrative marketing opportunity for many B.C. businesses. What are benefit companies? Benefit…

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