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Amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act
Amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act On January 1, 2023, the federal government implemented the Prohibition on the Purchase of Residential Property by Non-Canadians Act and regulations (together, the “Act”) barring non-Canadians from...
Bill 23: Unveiling Ontario’s new More Homes Built Faster Act
By Frank Bourgault and Wafa Khan The Ontario government recently unveiled new legislation that is intended to address Ontario’s housing crisis. The More Homes Built Faster Act, 2022 (the “Act”), which was introduced on October 25, 2022, proposes to amend several acts cumulating...
Vacant Unit Tax
On May 11, 2022, The City of Ottawa (the "City") instituted a new By-Law related to vacant residential properties. The By-Law includes three key components that every residential homeowner should be aware of: The City has made the determination that, moving forward, a homeowner should...
Assignment of New Home Agreements
The 2022 Federal Budget was tabled on April 7, 2022 (the “Budget”). Given the growing demand for new homes, it comes as little surprise that the government has proposed various new rules aimed at addressing affordability in the real estate...
A homebuyer’s guide to home inspection reports
Congratulations! You have just purchased a property and it is conditional on inspection by a home inspector. What happens when you receive your home inspection report and there are one… two… ten… fifty things wrong with the property? What do you do? ...
