I was fortunate enough to catch both these guys farewell show in 2012 and then the reunion show in 2015 haha . They are fucking great live . <| sep |> Let ' s throw it in ! <| sep |> Upon immigrating to Canada , you have a deemed acquisition of capital properties at fair market value . So if the bank account and company shares are collectively worth more than $ 100 k CAD , you will need to report owning the foreign property though not the income from the business if it is not paying you anything . You would incur tax on the interest . Assuming it doesn ' t create inheritance issues , it would likely be prudent to remove yourself . It is still a very good idea to consult with a local CPA experienced in international tax issues .