on October 29 2024, the Canada Revenue Agency (the “CRA”) announced that bare trusts will not be required to file a return (including Schedule 15, Beneficial Ownership of a Trust) unless directly requested by the CRA. This is a continuation of the administrative...
A bare trust is a basic trust in which thebeneficiaryhas the absolute right to the capital andassetswithin the trust, as well as the income generated from these assets. In Canada and the U.K., bare trusts are used as a tax-efficient way of passing assets to one's children or heirs. ...
Enter the silent enemy, the ever-wielding unknown. Powers, those that both were and those that aspired to be, dictating the courses of treatment. Everything distilling down to the perceived sources of trust and trustworthiness, and those who embodied each. Like her mother before her Kathy would...
Alas, Canada broke the first law of state craft – never put your blind trust in another nation. ———– Trump wants to “annex” Canada as its 51st state. His reasons are basically the same as the erstwhile Soviets’ –“I want Canada and its riches and I can take it, so fuck e...