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Are You Ready for Ontario’s Transparency Register? Here’s What You Need to Know
As a private corporation incorporated in Ontario under the Business Corporations Act (Ontario), it's important to be aware of the new transparency register requirements that came into effect on January 1, 2023. These requirements mandate that private corporations maintain a...
Ontario Court decides Oral Agreements of Purchase and Sale for Real Estate can be Enforceable
Ontario Court decides Oral Agreements of Purchase and Sale for Real Estate can be Enforceable By: Matthew Reardon, Merovitz Potechin LLP If you are a landowner undertaking negotiations with a would-be purchaser with respect to the sale of...
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...
UPDATE: Special Government Initiatives to Assist Canadian Businesses Impacted by COVID-19
Over the recent weeks, there has been a panoply of government programs and special measures aimed at providing assistance to businesses and not-for-profit organizations that are facing growing hardship and challenges during COVID-19. While it may not be exhaustive of...