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 people are buying income properties such as student housing, multiplexes, apartment buildings and mixed-use residential/commercial properties.

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 Harmonized Sales Tax (HST). This will take effect on July 1, 2010. Effective this date, Ontario will facilitate a federally administered Harmonized Sales Tax (HST) that will apply to most purchases and transactions, including real estate. The HST will be carried out by the

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 Agency (CRA) about the disposition either before they dispose of the property or within ten days after the disposition. Consequent to this, the vendor has to pay  the CRA either an amount to cover the tax on any gain the vendor has made,

Condominiums are becoming increasingly important as more people choose to live in condos. In recent years, the condo industry has been booming in Canada with new condo towers being erected each year. Moreover,  condominium development has steadily increased in Ontario for several years.

Unit owners must comply with the specific rules and by-laws of the condominium corporation, otherwise the Corporation has the right to get a court order directing compliance and ordering payment of its legal costs. If a unit owner intends to rent his/her unit, it is vital that he/she include a clause requirig the tenant to comply with all the rules and by-laws of the condominium corporation. These rules should be

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 for their product and or service, he/she may have a right to securitize his interest in the property that was improved until he/she is paid what they are owed.

The residential condominium is now a modern way of living to get away from all the daily chores of home ownership. Living in a condominium is an enriching and rewarding lifestyle. The Condominium Act is in place to ensure compliance with the rules, declaration, and by-laws of a condominium so that condo-life is assured to be harmonious and convenient.

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 formal definition for conflict is the actual or perceived opposition of needs, values and interests. Actually, conflict resolution in the above sense generally includes the processes of negotiation, mediation and diplomacy. Mediation along with

A corporation is a legal entity separate from its owners, the share holders, and is subject to federal and provincial income taxes (like individuals). There are two ways in which the taxation of a corporation differs from that of an individual. Firstly, a corporation is subject to both federal and provincial taxes on capital. Secondly, unlike individuals, who are charged progressive income tax rates, corporations are

Unlike some other countries in the world, Canada does not impose taxes on wealth or the value of an inheritance upon death; but in its place Canada taxes the deceased’s income for its final year. Canada, unlike the United States, does not charge an estate tax on the value of the capital of an estate. Although there are only taxes on income in Canada, certain specific rules make the tax more burdensome in the year of