Wednesday, March 22, 2023Ian SpiegelBusiness Law, Corporate LawReal Estate, Tax and Estate Planning

The Underused Housing Tax (the “Act”), which came into effect on January 1, 2022, introduces an annual 1% tax on the value of vacant or....

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Tuesday, March 21, 2023Ian SpiegelBusiness Law, Corporate LawTax & Estate Planning, Estate Administration Tax

Obtaining probate for a will is the legal process through which the executor named in a will asks the court to confirm the validity of the will and the authority of the named...

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Wednesday, March 15, 2023Zev ZlotnickBusiness Law, Real Estate, Corporate LawLending, Ontario Personal Property Security Act

Is there a difference between perfecting a general security agreement through a PPSA registration and registering a PPSA in respect of a...

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Wednesday, March 15, 2023Daniel KuhnreichBusiness Law, Real Estate, Corporate LawExpropriation

The doctrine of “constructive taking” requires a property owner to be compensated where state action has the effect of acquiring the legal or beneficial interest in...

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Tuesday, February 14, 2023Business Law, Corporate LawInsurance Law, Income Replacement Benefits, Ontario’s Statutory Accident Benefits Schedule

In Varriano v. Allstate Insurance Company of Canada, 2023 ONCA 78 (CanLII) (“Varriano”), the Court of Appeal recently clarified what notice requirements insurers must satisfy to successfully give notice of...

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Thursday, February 9, 2023Zev ZlotnickBusiness Law, Corporate LawReal Estate, Mortgage

Jonker had a mortgage over their home with Everest. They defaulted in making the required payments on the mortgage, and Everest commenced power of sale proceedings. Everest brought its motion for summary judgment, which was...

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Tuesday, January 31, 2023Daniel KuhnreichBusiness Law, Corporate LawCommercial Real Estate, Lease Agreement

In its January 12^th 2023 decision of Spot Coffee Park Place Inc v Concord Adex Investments Limited 2023 ONCA 15 (CanLII), the Ontario...

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Thursday, January 26, 2023Zev ZlotnickBusiness Law, Real Estate, Corporate Law

A beneficial interest is an individual’s right to benefit from assets held by someone else. With respect to real property, it is imperative...

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Wednesday, January 18, 2023Business Law, Corporate LawAgreement of Purchase and Sale, GTA Real Estate, Condominium Act

Chang Jiu Chen, the Appellant in the December 20^th 2022 decision of Chen v Brookfield Residential (Ontario) Limited, signed an agreement of....

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Wednesday, January 11, 2023Ian SpiegelCorporate LawGTA Real Estate, Tax and Estate Planning

The City of Toronto has implemented a new annual tax on vacant residences, payable beginning in 2023. A Vacant Home Tax of...

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Wednesday, December 14, 2022Zev ZlotnickBusiness Law, Real Estate, Corporate LawLending, Interest Act, Commercial Mortgage Lenders

In Canada, lenders who take mortgages on real property as security should be mindful of section 8 of the Interest Act (the “Act”) and...

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Tuesday, November 8, 2022Zev ZlotnickCorporate LawLoans, Real Estate

A demand loan is a loan that a lender can require to be repaid by the borrower in full at any time. A demand loan has no term, but is simply repayable on...

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Tuesday, November 8, 2022Ian SpiegelCorporate LawTax & Estate Planning, Bill C-8, Underused Housing Tax Act

Bill C-8, which introduced the Underused Housing Tax (the “UHT”) through the Underused Housing Tax Act (the “Act”), received ...

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Thursday, October 13, 2022Zev ZlotnickBusiness Law, Real Estate, Corporate LawMortgage, Vendor Take-Back Mortgage

In light of substantial increases in interest rates, real property purchasers are looking for alternative lending arrangements. Some alternatives include...

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Wednesday, September 21, 2022Parish BhumgaraBusiness Law, Corporate LawLimited Partnership

One of the more interesting aspects of corporate law is how it allows for the use of corporate structures to facilitate investment. This article discusses how corporate structures can be used to ...

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Tuesday, September 13, 2022Zev ZlotnickBusiness Law, Corporate LawLending, Commercial Real Estate, Limited Partnership, REIT, Real Estate Investment Trusts

Loan transactions commonly involve non-corporate entities such as limited partnerships and Real Estate Investment Trusts (“REITs”). It is important for lenders to...

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Tuesday, August 30, 2022Eliane Leal da SilvaCorporate Law

As of August 2, 2022, foreign investors are able to file a voluntary notice where they otherwise would not be subject to mandatory notification or net benefit review. This applies to...

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Thursday, August 25, 2022Clifford S. GoldfarbCorporate Law, Non-Profit and Charities

Social clubs with share capital (“social companies”) remain under the Ontario Corporations Act (the “OCA”) after the Not-for-Profit Corporations Act...

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Tuesday, August 23, 2022Zev ZlotnickBusiness Law, Real Estate, Corporate LawCommercial Mortgage, Commercial Mortgage Lenders

Ownership of real property in Ontario is divided into legal or registered title ownership and beneficial ownership. Legal ownership and beneficial ownership of real property is...

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Tuesday, March 22, 2022Eliane Leal da SilvaBusiness Law, Corporate LawOntario Securities Commission

On December 9, 2021, CNSX Markets Inc. (the “CSE” or the “Exchange”) gave notice of proposed amendments to its current policies and related forms...

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Friday, February 18, 2022Greg Farano LLB, CFA, TEP, Lindsay Ann Histrop, Ian SpiegelBusiness Law, Corporate LawWills

Significant changes have recently been made to the Succession Law Reform Act (“SLRA”) and Substitute Decisions Act, 1992 (“SDA”). Estates lawyers and clients looking for estate planning advice should

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Thursday, January 20, 2022Greg Farano LLB, CFA, TEP, Lindsay Ann Histrop, Ian SpiegelBusiness Law, Corporate LawTrusts

In a previous blog post, we discussed the proposed new T3 Trust Income Tax and Information Return reporting and filing requirements for certain express trusts. These changes

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Friday, December 3, 2021Lindsay Ann HistropBusiness Law, Corporate LawSocial Media, Etherium, Litecoin, Ripple, Cardano, Dogecoin, Non-Fungible Tokens (NFT)

“Water is a useful metaphor for digital assets; they are just as fluid, ever-changing, and dynamic, which presents both...

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Monday, November 22, 2021Clifford S. Goldfarb, James M. Parks, Heather Keachie, Christine JubianBusiness Law, Corporate Law, Non-Profit and CharitiesNot-for-profit Corporations Act (ONCA)

The Ontario Not-for-Profit Corporations Act, 2010 (the “ONCA”) came into effect as of October 19, 2021, and there are a number of misconceptions about its effect on existing corporations incorporated under the...

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Thursday, October 14, 2021Clifford S. Goldfarb, James M. Parks, Heather Keachie, Christine JubianBusiness Law, Corporate Law, Non-Profit and CharitiesNot-for-profit Corporations Act (ONCA), Ontario Business Registry

On October 19, 2021, the Ontario Ministry of Government and Consumer Services (the “Ministry”) will open the online Ontario Business Registry (“OBR”). The registry will 

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Thursday, August 26, 2021Eliane Leal da SilvaBusiness Law, Corporate LawOntario Business Corporations Act, Bill 213: Better for People, Smarter for Business Act

The province of Ontario, by Bill 213, Better for People, Smarter for Business Act (“Bill 213”), has revoked subsection 118(3) of the Business Corporations Act (Ontario) (“OBCA”) which requires that...

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Thursday, August 19, 2021Clifford S. Goldfarb, James M. Parks, Heather Keachie, Christine JubianBusiness Law, Corporate Law, Non-Profit and Charities

The Government of Ontario has just announced that the ONCA will be coming into effect on October 19, 2021. The lengthy delay since...

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Monday, July 19, 2021Eliane Leal da SilvaCorporate LawAODA, Accessibility for Ontarians with Disabilities Act

What is the AODA?

The Accessibility for Ontarians with Disabilities Act (the “AODA”) is a legislative framework intended to reduce and remove barriers for people with disabilities and...

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Thursday, June 24, 2021Khalid KarimReal Estate, Corporate LawBlockchain Technology, Blockchain, Ontario Land Registry System

Outside of the real estate sector, you would be hard pressed to speak to the average person about land registration unless they are buying or selling a property themselves...

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Thursday, November 12, 2020Clifford S. Goldfarb, James M. Parks, Heather Keachie, Christine JubianCorporate Law, Non-Profit and CharitiesOntario, Not-for-profit Corporations Act (ONCA), Corporations Act

The Not-for-profit Corporations Act (Ontario) (ONCA) that we have been waiting for since 2010 is likely going to come into effect on January 1, 2021 or shortly thereafter. When it comes into effect...

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