Real Estate
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September 17, 2024
Ontario Court of Appeal overturns lower court decision in parking revenue dispute
The Ontario Court of Appeal has overturned a lower court decision in a dispute over parking lot revenue, ruling that a party to the revenue-sharing agreement was not entitled to negotiate parking rates, despite retaining 40 per cent of the proceeds.
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September 17, 2024
Competition Commissioner: AI consultation shows concerns about algorithmic pricing, collusion
The Competition Bureau has received submissions highlighting concerns about the potential use of artificial intelligence (AI) for algorithmic pricing, algorithmic collusion and deepfakes, Competition Commissioner Matthew Boswell said in a speech on Sept. 16.
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September 16, 2024
Federal Court of Appeal finds ‘sympathy’ for appellant while dismissing tax appeal
The Federal Court of Appeal has dismissed a taxpayer's appeal for an extension to file objections for notices of reassessment, despite the appellant having many communications with the Canada Revenue Agency (CRA) and having submitted and resubmitted relevant documents.
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September 16, 2024
Ottawa raises insured mortgage cap, expands eligibility for 30-year amortizations
The federal government has announced an increase in the home price cap for insured mortgages to $1.5 million and an expansion of eligibility for 30-year mortgage amortizations to include first-time homebuyers and all buyers of new builds.
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September 13, 2024
2 associates join Aird & Berlis Vancouver
A recent news release from Aird & Berlis LLP announced that Rikki Logan and Lauren Mar joined the firm’s Indigenous practice group in Vancouver.
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September 10, 2024
Converting your principal home to a rental property
When transitioning your principal residence into a rental property, or vice versa, the tax implications can be complex. Understanding these nuances is crucial for making informed decisions and effectively managing your tax liabilities.
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September 10, 2024
Federal lawyers’ union contends Ottawa’s return-to-office order is ‘arbitrary, counterproductive’
Arguing that the federal government’s return-to-office directive to public servants is “costly, inefficient, arbitrary, and counterproductive,” the union for more than 3,500 federal lawyers has challenged the federal Treasury Board direction that lawyers and most other federal workers must be physically present in their workplaces at least three days a week.
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September 09, 2024
B.C. Court of Appeal rules sublessee's defiance of wildfire evacuation order did not breach sublease
The B.C. Court of Appeal has held that a sublessee’s refusal to immediately evacuate in compliance with a mandatory wildfire evacuation order did not constitute a fundamental breach of the lease.
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September 09, 2024
Condo reserve funds in Ontario: The CAO’s efforts to address serious challenges
Ontario’s condominium sector is at a critical juncture. The Province of Ontario legalized the concept in 1967 with the passing of the first Condominium Act. According to the Condominium Authority of Ontario (CAO), there are over 898,457 residential condominium units in Ontario and about 55 per cent of homes under construction are condos.
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September 06, 2024
Nova Scotia to extend five per cent rent hike cap to 2027, allow faster evictions
Nova Scotia is set to extend an annual, five-per-cent cap on residential rent increases to Dec. 31, 2027, amid concerns about rising costs.