You may have seen an influx of new clients in the past few years migrating from the US to Canada to 'freer pastures' - we've seen this extensively in our practice. To keep top talent, firms are more accommodating to top employees or executives wanting to cross the border.
But while the move might be driven by a desire for a new environment, many "new Canadians" are being met with a cold splash of reality when their first Restricted Stock Unit (RSU) vest hits their account.
If your clients have moved North but brought a trail of unvested shares from a major tech player or large public company, they aren’t just dealing with a new climate— they may be stepping into a cross-border minefield.
Andrea Thompson
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