Real Estate
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February 03, 2025
Ontario Court of Appeal: Rectification not available to avoid unintended tax liability
The Ontario Court of Appeal has overturned a lower court order that allowed for the correction of corporate transactions that led to an unintended tax liability, finding that the failure of the resolutions to reach the intended fiscal objective was not a basis for granting rectification.
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February 03, 2025
Ontario Court approves $3 million settlement in Fortress Real Developments class action
An Ontario Superior Court judge has approved a $3 million settlement in a class action involving investors who lost millions of dollars in a real estate project funded by now defunct Fortress Real Developments Inc. and its affiliated companies, Fortress Real Capital Inc. and FMP Mortgage Investments Inc.
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February 03, 2025
Manitoba establishes protest ‘buffer zones’ around abortion clinics
Manitoba’s New Democrats have put in place legislation outlawing protests within “buffer zones” around abortion clinics. According to a government news release, the government has proclaimed its Safe Access to Abortion Services Act, which came into force Feb. 1. and provides for “safety perimeters” around clinics performing the procedure.
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January 31, 2025
Top judge says SCC wants to hear more private law cases, urges Canadians to ‘fight for’ rule of law
As the Supreme Court of Canada marks its 150th birthday amid rising incursions on the rule of law abroad, Chief Justice Richard Wagner says it can also be an opportune time for Canadians to reflect on the state of their own courts, the rule of law and their independent and impartial justice system.
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January 31, 2025
Federal government defers capital gains inclusion rate hike to 2026
The federal government has announced it is deferring the implementation of its increase in the capital gains tax inclusion rate from June 25, 2024 to Jan. 1, 2026.
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January 31, 2025
CIVIL PROCEDURE - Judgments and orders - Summary judgments - To dismiss action
Appeal by Appellant against a summary judgment order in favour of the Respondents. The Appellant built a luxury cottage in Northern Ontario for the respondents which was completed in 2011.
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January 30, 2025
Law firms combine class actions against railway companies related to 2021 Lytton wildfire
Two rival class actions against CP Rail and CN Rail for the recovery of damages caused by a 2021 wildfire in Lytton, B.C. are being combined according to a release by law firms Slater Vecchio LLP and CFM Lawyers LLP.
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January 29, 2025
7 new partners for Aird & Berlis
Monica Carinci, Ryan Cohen, Matthew Helfand, Meredith McCann, Ian McLeod, Lawrence Veregin and Jonathan Yantzi are the newest partners at Aird & Berlis, the firm has announced.
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January 28, 2025
Inquiry calls for new prohibitions, penalties against foreign interference in Canada’s democracy
The federal Public Inquiry into Foreign Interference has recommended new prohibitions, fines and stiffer administrative monetary penalties (AMPs), as well as other legislative changes, to strengthen Canada’s defences against foreign interference in the country’s democratic processes.
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January 28, 2025
CRA faces legal challenges over implementation of capital gains inclusion rate hike
The Canada Revenue Agency (CRA) is facing two legal challenges over its decision to implement the government’s proposed hikes to the capital gains tax inclusion rate on the basis that the proposals have not been enacted into law and may not even be tabled before Parliament.