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	<title>GrossmanCGA - How can I help?Canada | GrossmanCGA &#8211; How can I help?</title>
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	<link>http://grossmancga.com/site</link>
	<description>Independent advice in your best interest</description>
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		<title>Revised OSFI Guideline B-6 – Liquidity Principles</title>
		<link>http://grossmancga.com/site/2012/03/18/revised-osfi-guideline-b-liquidity-principles/</link>
		<comments>http://grossmancga.com/site/2012/03/18/revised-osfi-guideline-b-liquidity-principles/#comments</comments>
		<pubDate>Sun, 18 Mar 2012 21:35:27 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[basel]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[OSFI]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=2037</guid>
		<description><![CDATA[Article by Jeffrey S. Graham, Stephen J. Redican and Jenna Grant of Borden Ladner Gervais LLP BACKGROUND The Office of the Superintendent of Financial Institutions (&#8220;OSFI&#8221;) has released a final version of revised Guideline B-6 – Liquidity Principles (&#8220;Guideline&#8221;). The Guideline has been updated to incorporate the principles set out in the Basel Committee on...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2012/03/18/revised-osfi-guideline-b-liquidity-principles/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Canadian Government Imposes Additional Requirements on Certain Financial Products and Services</title>
		<link>http://grossmancga.com/site/2012/03/18/canadian-government-imposes-additional-requirements-on-certain-financial-products-services/</link>
		<comments>http://grossmancga.com/site/2012/03/18/canadian-government-imposes-additional-requirements-on-certain-financial-products-services/#comments</comments>
		<pubDate>Sun, 18 Mar 2012 20:46:29 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[cheque]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[guides]]></category>
		<category><![CDATA[lender]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=2034</guid>
		<description><![CDATA[By Blair W. Keefe, Peter A. Aziz and Eli Monas of Torys LLP The Canadian federal government recently published three regulations that will impose additional requirements and restrictions on the use of credit card cheques, on cheque hold periods and on the provision of new optional products or services. Proposed amendments to the Credit Business Practices Regulations would require...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2012/03/18/canadian-government-imposes-additional-requirements-on-certain-financial-products-services/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Buckingham v. Canada – A New Standard for Due Diligence in Director’s Liability Tax Cases?</title>
		<link>http://grossmancga.com/site/2011/11/19/buckingham-v-canada-standard-for-due-diligence-directors-liability-tax-cases/</link>
		<comments>http://grossmancga.com/site/2011/11/19/buckingham-v-canada-standard-for-due-diligence-directors-liability-tax-cases/#comments</comments>
		<pubDate>Sun, 20 Nov 2011 02:27:49 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[corporation]]></category>
		<category><![CDATA[CRA]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[liability]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1959</guid>
		<description><![CDATA[by Stevan Novoselac &#38; John Sorensen In our article, “The CRA is not a Bank &#8211; Director&#8217;s Liability in an Age of Economic Uncertainty”,1 we strongly warned corporate directors to make sure that source deductions, GST/HST, employee EI premiums and employee CPP contributions are remitted to the Crown and not used as operating funds, regardless of whether...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/11/19/buckingham-v-canada-standard-for-due-diligence-directors-liability-tax-cases/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What is the current status regarding commercial lending practices in Canada as we are heading into the month of October, 2011? Is it business as usual or ???</title>
		<link>http://grossmancga.com/site/2011/10/02/current-status-ccl/</link>
		<comments>http://grossmancga.com/site/2011/10/02/current-status-ccl/#comments</comments>
		<pubDate>Sun, 02 Oct 2011 21:30:45 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[commercial]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[lender]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[sales]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1935</guid>
		<description><![CDATA[John Eric Pollabauer posted this question to the Canadian Commercial Lenders group on LinkedIn: &#8220;What is the current status regarding commercial lending practices in Canada as we are heading into the month of October, 2011? Is it business as usual or ???&#8221; For myself [EG], account managers from two financial institutions tell me that at...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/10/02/current-status-ccl/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>Guarantor Waivers of PPSA Rights in British Columbia</title>
		<link>http://grossmancga.com/site/2011/09/29/guarantor-waivers-of-ppsa-rights-british-columbia/</link>
		<comments>http://grossmancga.com/site/2011/09/29/guarantor-waivers-of-ppsa-rights-british-columbia/#comments</comments>
		<pubDate>Thu, 29 Sep 2011 23:37:28 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Bankruptcy and insolvency rules]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bc]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[court]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[demand]]></category>
		<category><![CDATA[guarantee]]></category>
		<category><![CDATA[guarantor]]></category>
		<category><![CDATA[PPSA]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1929</guid>
		<description><![CDATA[By Mike Todd of Gowling Lafleur Henderson LLP Lenders should be aware that one of the waivers found in most standard form guarantees of certain statutory rights is not effective under the British Columbia Personal Property Security Act (“BCPPSA”). This was the result in the recent BC Supreme Court decision HSBC Bank Canada v. Kupritz. The facts...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/29/guarantor-waivers-of-ppsa-rights-british-columbia/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Banks Have Right To Hold Tight In Paying Cheques &#8211; Ontario Court holds that banks need not bear the risks of cheques being dishonored</title>
		<link>http://grossmancga.com/site/2011/09/27/banks-have-right-hold-tight-paying-cheques-ontario-court-holds-that-banks-need-not-bear-risks-of-cheques-being-dishonored/</link>
		<comments>http://grossmancga.com/site/2011/09/27/banks-have-right-hold-tight-paying-cheques-ontario-court-holds-that-banks-need-not-bear-risks-of-cheques-being-dishonored/#comments</comments>
		<pubDate>Tue, 27 Sep 2011 18:09:37 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[Canadian Securities]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[benefit]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[cheques]]></category>
		<category><![CDATA[court]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1927</guid>
		<description><![CDATA[By Lisa Brost and Jeffrey Levine of McMillan LLP Generally speaking, banks’ customers have no immediate right to the proceeds of the cheques that they deposit. Under the terms of most banking services agreements, banks can place holds on cheques deposited by their clients for a reasonable period of time. Further, even if a hold is...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/27/banks-have-right-hold-tight-paying-cheques-ontario-court-holds-that-banks-need-not-bear-risks-of-cheques-being-dishonored/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Top Ten Tips for Dealing with Business Method Patents in Canada</title>
		<link>http://grossmancga.com/site/2011/09/27/ten-tips-for-dealing-business-method-patents-canada/</link>
		<comments>http://grossmancga.com/site/2011/09/27/ten-tips-for-dealing-business-method-patents-canada/#comments</comments>
		<pubDate>Tue, 27 Sep 2011 16:59:07 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[benefit]]></category>
		<category><![CDATA[business method]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[patent]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1918</guid>
		<description><![CDATA[By  Grant W. C. Tisdall &#38; Christopher C. Van Barr of Gowling Lafleur Henderson LLP Will Canada Become a Haven for Non-Practicing Entities to Litigate Their Claims? This list of top ten issues will canvass the law of business method patents in Canada and will consider the impact of the recent Amazon case on your business. 1.        ...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/27/ten-tips-for-dealing-business-method-patents-canada/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Canada Introduces New Forms to Be Used to Obtain Treaty Benefits, Including by Partnerships and Hybrid Entities</title>
		<link>http://grossmancga.com/site/2011/09/27/canada-introduces-forms-be-used-obtain-treaty-benefits-including-by-partnerships-hybrid-entities/</link>
		<comments>http://grossmancga.com/site/2011/09/27/canada-introduces-forms-be-used-obtain-treaty-benefits-including-by-partnerships-hybrid-entities/#comments</comments>
		<pubDate>Tue, 27 Sep 2011 16:49:44 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[CRA]]></category>
		<category><![CDATA[nonresident]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[treaty]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1914</guid>
		<description><![CDATA[By Henry Chong of Gowling Lafleur Henderson LLP The Canada Revenue Agency (CRA) recently introduced new forms NR301, NR302, and NR303 (collectively the ‘‘NRs’’), which can be completed by a nonresident person, or by a partnership or hybrid entity with nonresident owners, seeking to obtain the benefits of reduced withholding rates on passive income under an...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/27/canada-introduces-forms-be-used-obtain-treaty-benefits-including-by-partnerships-hybrid-entities/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Ideal Business Banking Account Manager</title>
		<link>http://grossmancga.com/site/2011/09/22/ideal-business-banking-account-manager/</link>
		<comments>http://grossmancga.com/site/2011/09/22/ideal-business-banking-account-manager/#comments</comments>
		<pubDate>Thu, 22 Sep 2011 19:44:06 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[account]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[manager]]></category>
		<category><![CDATA[service]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1906</guid>
		<description><![CDATA[Here are a few characteristics of the ideal banking account manager for a business, based on feedback from the businesses I work with: Returns your calls promptly Answers your questions with clarity and authority Always has time to consult with you about your needs and performance Suggests techniques for innovative loan structuring Is effective in making your...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/22/ideal-business-banking-account-manager/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Which partnerships must file information returns in 2011?</title>
		<link>http://grossmancga.com/site/2011/08/17/which-partnerships-must-file-information-returns/</link>
		<comments>http://grossmancga.com/site/2011/08/17/which-partnerships-must-file-information-returns/#comments</comments>
		<pubDate>Wed, 17 Aug 2011 15:50:47 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[CRA]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[information]]></category>
		<category><![CDATA[partner]]></category>
		<category><![CDATA[return]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1875</guid>
		<description><![CDATA[By Marc Weisman of Torkin Manes LLP Partnerships in and of themselves are not required to file tax returns because they are not taxpayers or taxable entities. A partnership’s income is taxable in the hands of the partners, who are required to file tax returns. However, Income Tax Regulation 229 requires all partnerships to file...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/08/17/which-partnerships-must-file-information-returns/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>First Nations and the Taxation of Interest Investment Income</title>
		<link>http://grossmancga.com/site/2011/08/02/first-nations-taxation-of-interest-investment-income/</link>
		<comments>http://grossmancga.com/site/2011/08/02/first-nations-taxation-of-interest-investment-income/#comments</comments>
		<pubDate>Tue, 02 Aug 2011 19:39:35 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[CRA]]></category>
		<category><![CDATA[exempt]]></category>
		<category><![CDATA[first nations]]></category>
		<category><![CDATA[indian]]></category>
		<category><![CDATA[liability]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax court]]></category>
		<category><![CDATA[tcc]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1833</guid>
		<description><![CDATA[By Eric Koh of Gowling Lafleur Henderson LLP On July 22, 2011, the Supreme Court of Canada (“SCC”) concurrently released two decisions relating to the taxation of interest income of an Indian from a financial institution located on an Indian reserve.  The majority decisions in Bastien Estate v. Canada (“Bastien”)1 and Dube v. Canada (“Dube”) 2...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/08/02/first-nations-taxation-of-interest-investment-income/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Canada: Reverberations For Real Estate Agents</title>
		<link>http://grossmancga.com/site/2011/06/03/canada-reverberations-for-real-estate-agents/</link>
		<comments>http://grossmancga.com/site/2011/06/03/canada-reverberations-for-real-estate-agents/#comments</comments>
		<pubDate>Fri, 03 Jun 2011 13:49:15 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[agent]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[disclosure]]></category>
		<category><![CDATA[liability]]></category>
		<category><![CDATA[purchaser]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[realtor]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1737</guid>
		<description><![CDATA[by John O&#8217;Sullivan of WeirFoulds LLP What is the duty of a real estate agent to verify the information provided by the vendor of the property to prospective purchasers? In this space I frequently moan about the danger of mediation stemming the flow of judicial precedent, but here is a nice legal question answered by the...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Strategies For Margining In-Transit Inventory</title>
		<link>http://grossmancga.com/site/2011/05/10/strategies-for-margining-intransit-inventory/</link>
		<comments>http://grossmancga.com/site/2011/05/10/strategies-for-margining-intransit-inventory/#comments</comments>
		<pubDate>Tue, 10 May 2011 20:13:06 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[guides]]></category>
		<category><![CDATA[inventory]]></category>
		<category><![CDATA[lender]]></category>
		<category><![CDATA[margin]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1712</guid>
		<description><![CDATA[By Andrew Biderman of Aird and Berlis LLP Introduction In-transit inventory represents a significant, and growing, proportion of inventory for many borrowers, who often look to their lenders to advance against such inventory. 1 As part of the lender&#8217;s security package, the lender will have a security interest over the borrower&#8217;s in-transit inventory. However, before the...]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Indalex Priority Case Decided — Ontario Court of Appeal Gives Priority to Pension Plan Deficiency Over Secured Lenders</title>
		<link>http://grossmancga.com/site/2011/04/11/indalex-priority-case-decided-ontario-court-of-appeal-gives-priority-pension-plan-deficiency-over-secured-lenders/</link>
		<comments>http://grossmancga.com/site/2011/04/11/indalex-priority-case-decided-ontario-court-of-appeal-gives-priority-pension-plan-deficiency-over-secured-lenders/#comments</comments>
		<pubDate>Mon, 11 Apr 2011 20:15:56 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Bankruptcy law changes]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[appeal]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[CCAA]]></category>
		<category><![CDATA[court]]></category>
		<category><![CDATA[DIP]]></category>
		<category><![CDATA[lender]]></category>
		<category><![CDATA[Ontario]]></category>
		<category><![CDATA[pension]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1669</guid>
		<description><![CDATA[by Kevin P. McElcheran of McCarthy Tétrault LLP [Ed.: Concerning Indalex Limited (Re), 2011 ONCA 265] This week, the Ontario Court of Appeal surprised many by deciding that in the context of the CCAA proceedings of Indalex, pension plan deficiency claims can have priority over security held by secured DIP lenders. The Court granted priority for the...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/04/11/indalex-priority-case-decided-ontario-court-of-appeal-gives-priority-pension-plan-deficiency-over-secured-lenders/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Employee or Independent Contractor: Does Intention Matter</title>
		<link>http://grossmancga.com/site/2011/03/31/employee-or-independent-contractor-does-intention-matter/</link>
		<comments>http://grossmancga.com/site/2011/03/31/employee-or-independent-contractor-does-intention-matter/#comments</comments>
		<pubDate>Thu, 31 Mar 2011 14:35:09 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[HR and Benefits]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[contractor]]></category>
		<category><![CDATA[employee]]></category>
		<category><![CDATA[employer]]></category>
		<category><![CDATA[guides]]></category>
		<category><![CDATA[liability]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1650</guid>
		<description><![CDATA[By Michael Polychuk of Gowling Lafleur Henderson LLP In January 2011, the Tax Court of Canada (the “TCC”) released two judgments, Prue v. M.N.R (“Prue”) and Smith v. M.N.R (“Smith”) in which it found that the individuals were operating as independent contractors rather than employees. The court examined the intention of the parties, since in...]]></description>
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		<slash:comments>0</slash:comments>
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