The 2023 Federal Budget (the ?Budget?), tabled on March 28, 2023, proposes amendments to certain provisions of the Income Tax Act (ITA) that would make ?genuine? intergenerational business transfers no longer subject to the anti-avoidance rules of section 84.1 and allow the transferor to benefit from their capital gains exemption. To do so, the Budget establishes new general conditions that the parties must meet, as well as specific conditions that apply to ?immediate? transfers, or those made over a period of no more than 36 months, and ?gradual? transfers, or those that take five to ten years to complete...
Lavery Lawyers
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Overview
Lavery is a major full-service law firm of more than 200 lawyers and the leading independent law firm in Quebec. The firm provides a comprehensive range of legal services to regional, national and multinational corporations; financial institutions; and government departments, agencies, and Crown corporations. It also has an extensive practice in advising other Canadian and foreign law firms on matters of Quebec law.
Lavery has developed strong ties with law firms and other professional firms across Canada, the United States and worldwide, thereby enabling us to assist our clients to develop opportunities outside Quebec. The firm is a member of the World Services Group, a global non-profit association with membership by invitation only, consisting of large local, national and international professional services providers in over 115 countries.
Notable
Areas of Practice
Professionals
Lawyer
Arianne Arguin
AvocateJordy Philippe Bernier
LawyerLuc R. Borduas
PartnerDave Bouchard
PartnerGeneviève Chamberland
Avocate principaleMichaël Deslauriers
LawyerChristian Dumoulin
PartnerMarianne Fortier
AvocateBlanche Fournier
AvocateÉric Goulet
PartnerJustin Gravel
PartnerAlain Heyne
PartnerEric Lavallée
Partner and Trademark AgentAnaïs Martini
AvocateIsabelle P. Mercure
PartnerMarie-Nancy Paquet
PartnerFanny Poulin
AvocateFrançois Rizcallah
LawyerVincent Towner
PartnerYanick Vlasak
PartnerCatherine Voyer
AvocateLetta Wellinger
Avocate principaleLegal Counsel
Hubert Pepin
CounselOther
Erika Beaudoin
NotaireMaxime Bergeron
StudentSouad Berrada
ParajuristeAlicia Conn Parsons
StagiaireMichelle Croteau
ParajuristeJoanie Hébert
Notaire principaleNathalie Hetherington
ParajuristeFannie Lapointe-Dupré
ParajuristeLysa Laramée
ParajuristeFrancis Lavigne
Senior NotaryLinda Lupien
ParajuristeMarie-Jade Marceau
ParajuristeMiriane Paquin
ParajuristeKaty Pelletier
ParajuristeXavier Piette
ParalegalAnnie Pouliot
ParajuristeSylvie Stang-Chaput
ParajuristeMarie-Andrée Truchon
Notaire principaleMarie-Pier Vézina-Ouellet
ParajuristeKiran Younas
ÉtudianteArticles
Uncovering the intricacies of sports infrastructure financing
Two Montréal landmarks have proudly hosted some of the city?s most memorable sporting events. The Olympic Stadium and the IGA Stadium (Figures 1 and 2), which have been and remain quintessential in our sporting history, are in need of renovations so that sports fans can continue to ?raise the roof? for years to come. Figure 1: The Olympic Stadium: A prominent feature of the Montréal skyline. Figure 2: The National Bank Open at the IGA stadium. These stadiums may be iconic, but the issues with their roofing systems?or lack thereof?have plagued the Montréal news for over 30 years...
Press
Lavery celebrates World Intellectual Property Day
This year, the World Intellectual Property Day theme is "Women and Intellectual Property: Accelerating innovation and creativity". Therefore, Lavery is pleased to recognize the contribution of a female inventor. Women face significant barriers in the patent and telecommunications sectors, where under-representation and gender bias are unfortunately common. In the field of patent application drafting, women represent only 12% of inventors, while in telecommunications, only a quarter of professional positions are held by women. In spite of this situation, pioneers like Lila Madour are making significant contributions to their fields, overcoming these challenges with determination and skill...
Lavery Assists Premier Parks LLC in the Purchase of Calypso-Valcartier Group’s Shares
Calypso-Valcartier Group recently announced the sale of all of the shares of its two amusement parks, Village Vacances Valcartier located near Quebec City and Calypso, near Ottawa, and more specifically of the shares of the two parks’ operating corporations and their asset holding corporations. The assets of the two parks are now indirectly owned by EPR Properties, and they are operated by a Canadian subsidiary of Premier Parks, LLC. Our partners, André Vautour and France Camille De Mers, and their team assisted Premier Parks LLC in the due diligence of the parks’ assets and operations...