Business Law & Corporate Law

WHAT TO DO BEFORE YOU SUE!

Some mandatory considerations prior to suing are:If a demand has to be made before commencing an action;If law/legislation requires a notice before an action can be started;If...

STREAMLINE LITIGATION THROUGH THE USE OF SPECIALIZED COURTS

With a view to introduce greater efficiency in the Ontario civil justice system, specialized procedures were developed and adopted for particular types of proceedings in the Toronto Region. ...

BUYING A RESIDENTIAL INCOME PROPERTY – A Primer

With the Ontario real estate market demonstrating continued resilience, many people are still putting their confidence in real estate as an investment option across Ontario.  These...

THE NEW HST: What all Home Buyers are Asking!

As part of its provincial budget, the Ontario government chartered a bill on March 26, 2009 that will adopt a single sales tax system tagged as...

The Income Tax Consequences for Selling Real Estate in Canada as a Non-Resident

Under section 116 of the Canadian Income Tax Act, non-resident vendors disposing of certain taxable Canadian property (partially listed below) are to notify the Canada Revenue...

CONSTRUCTION LIEN: Basics

Basically, a construction lien is a remedy available for someone who improves someone else's property by way of supplying materials and or labour.  If that person is owed monies...

RESOLVING DISPUTES OUTSIDE OF COURT

Dispute resolution (a term used often along with conflict resolution and alternative dispute resolution), is a range of means for reducing or altogether removing conflict. A...

BUSINESS SUCCESSION PLANNING: Passing down your business

Why plan who will take over your business now? What’s the need? It is estimated that in the next ten years just about half the number of...

THE ECONOMICS OF THE MORTGAGE INDUSTRY

Real properties (real estate) like buildings, lands, residences are generally acquired by a purchaser through taking a loan. The promise to repay this loan is backed by a...

REAL ESTATE: Latent & Patent Defects when purchasing a home. Need a home inspection?

Latent defects in the eyes of the law applicable at the time when administering the sale of a real estate property (land, buildings and fixtures or chattels),...