Real Estate
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September 03, 2024
Regulator revokes builder’s licence for unauthorized home sales, financial mismanagement
Ontario’s home construction regulator has revoked the licence of Mariman Homes, a Hamilton-based construction company that entered into agreements to sell 108 homes without authorization and enrolment in Tarion’s warranty program, according to a release.
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August 30, 2024
Study finds auto loans and high mortgage rates continue to fuel insolvencies
Total Canadian household debt has reached a record high of $2.41 trillion, with $626.6 billion — or 26 per cent of it — made up of unsecured debt such as auto loans, credit card debt and instalment loans, according to a new report by Bankruptcy Canada, a national network of licensed insolvency trustee firms.
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August 28, 2024
Ontario announces major electricity procurement, promises protections for farmland, municipalities
New electric power projects in Ontario will require agricultural impact assessments and approval from municipal councils as part of an electricity procurement program aimed at adding 5,000 megawatts to Ontario’s grid.
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August 28, 2024
Cabinet blocks cryptocurrency mining projects from access to electricity | Sara Blake
Some regulatory statutes authorize Cabinet or a minister to issue binding directives to the regulator. What is the scope of this authority?
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August 27, 2024
Mortgage fraud and the balancing of interests
The prevalence of real estate title and mortgage fraud in recent years has led to situations where a court is faced with a balancing of interests between innocent parties. In Hillmount Capital Mortgage Holdings Inc. v. Onsori-Saisan, 2024 ONSC 4481, an innocent lender’s mortgage was held to be enforceable notwithstanding the arguments of the home owner that she was an innocent victim of a title fraud.
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August 27, 2024
New associate joins Houser Henry & Syron
A recent news release from Houser Henry & Syron LLP announced the addition of Renard Patrick as a corporate/commercial real estate associate.
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August 26, 2024
Rebuilding Ontario Place allowed to proceed
Courts play a vital role in maintaining a check and balance on the actions of government. Indeed, courts have made many landmark rulings that have found various actions of government to be unconstitutional or in breach of our Charter of Rights and Freedoms.
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August 23, 2024
New associates join Loopstra Nixon
Recent news releases from Loopstra Nixon LLP announced the addition of two new associates: Erin Hébert and Michael Juranka.
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August 22, 2024
The succession rights of unborn children: Under a will
As we discussed in the first article in this series, an unborn child has for many purposes been recognized and accorded varying degrees of protection by the law. This article continues the summary of the legal rights of an unborn child under wills, on intestacy, as dependants or other testamentary documents.
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August 21, 2024
Ontario introduces streamlined planning rules in effort to cut red tape and boost housing
Ontario has released a new set of planning rules aimed at reducing the administrative burden on municipalities to increase home construction and reduce the critical shortage of affordable housing, according to an Aug. 20 release.