Substance Law Logo
A man in a suit walking across a street at sunset.

What Licences Does a Toronto Convenience Store Need?

Licenses Required for Operating a Toronto Convenience Store Business License Before opening the doors to your convenience store in Toronto, obtaining a business license is a mandatory step. This license is a basic requirement that signifies your compliance with local business regulations and zoning bylaws. To apply for a business license, you will need to...

Read More
Get My Wine Into the LCBO 1

Get My Wine Into the LCBO

LCBO Submission Guidelines 2024 Submission Requirements As the LCBO continues to evolve, so do the submission requirements for products. The deadline for 2024 submissions is strictly enforced, and all entries must be made through the LCBO’s New Item Submission System (NISS). To ensure a smooth submission process, consider the following steps: Substance Law can provide...

Read More
A neon sign with a black railing.

How To Legally Sell A Convenience Store in Ontario

Legal Requirements for Selling a Convenience Store in Ontario Taxation Considerations When selling a convenience store in Ontario, taxation is a critical aspect that requires careful planning and understanding. The proceeds from the sale of a convenience store are subject to capital gains tax, with only 50% of the capital gain included in the seller’s...

Read More