Real Estate
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September 18, 2024
Federal government announces changes to temporary foreign worker and residence programs
The federal government has announced changes to the Temporary Foreign Worker Program (TFWP) effective Sept. 26, prompted by a softening labour market and aimed at further reducing "the reliance of Canadian employers” on the program. In addition, Ottawa is managing temporary resident arrivals by reducing the cap on international student study permits.
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September 18, 2024
B.C. Supreme Court rules lawyer did not owe a duty of care in real estate transactions
In a case combining contract law and a lawyer's duty of care, the Supreme Court of British Columbia has dismissed an action against a lawyer who allegedly released funds from a trust account before closing three real estate transactions, ruling that the governing contract permitted him to do so.
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September 18, 2024
Federal government takes steps towards establishing circular consumer product industry with consultation
The Canadian government is taking significant steps to establish a circular economy with its increased focus on the regulation of consumer products and packaging quality through an environmental lens.
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September 17, 2024
Ontario Court of Appeal overturns lower court decision in parking revenue dispute
The Ontario Court of Appeal has overturned a lower court decision in a dispute over parking lot revenue, ruling that a party to the revenue-sharing agreement was not entitled to negotiate parking rates, despite retaining 40 per cent of the proceeds.
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September 17, 2024
Competition Commissioner: AI consultation shows concerns about algorithmic pricing, collusion
The Competition Bureau has received submissions highlighting concerns about the potential use of artificial intelligence (AI) for algorithmic pricing, algorithmic collusion and deepfakes, Competition Commissioner Matthew Boswell said in a speech on Sept. 16.
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September 16, 2024
Federal Court of Appeal finds ‘sympathy’ for appellant while dismissing tax appeal
The Federal Court of Appeal has dismissed a taxpayer's appeal for an extension to file objections for notices of reassessment, despite the appellant having many communications with the Canada Revenue Agency (CRA) and having submitted and resubmitted relevant documents.
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September 16, 2024
Ottawa raises insured mortgage cap, expands eligibility for 30-year amortizations
The federal government has announced an increase in the home price cap for insured mortgages to $1.5 million and an expansion of eligibility for 30-year mortgage amortizations to include first-time homebuyers and all buyers of new builds.
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September 13, 2024
2 associates join Aird & Berlis Vancouver
A recent news release from Aird & Berlis LLP announced that Rikki Logan and Lauren Mar joined the firm’s Indigenous practice group in Vancouver.
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September 10, 2024
Converting your principal home to a rental property
When transitioning your principal residence into a rental property, or vice versa, the tax implications can be complex. Understanding these nuances is crucial for making informed decisions and effectively managing your tax liabilities.
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September 10, 2024
Federal lawyers’ union contends Ottawa’s return-to-office order is ‘arbitrary, counterproductive’
Arguing that the federal government’s return-to-office directive to public servants is “costly, inefficient, arbitrary, and counterproductive,” the union for more than 3,500 federal lawyers has challenged the federal Treasury Board direction that lawyers and most other federal workers must be physically present in their workplaces at least three days a week.