Valuing a commercial asset is a tricky business.Often, in the eyes of a purchaser, an asset's value is tied in part to the likelihood of future events—a significant customer order, a change in purchasing patterns, a...more
On July 17, 2024, Prime Minister Justin Trudeau announced the official establishment of the Canada Public Transit Fund (CPTF). This initiative will provide $30 billion over the next 10 years and up to $3 billion annually on a...more
When are agreements entered into as part of the land use planning approval process an extension of that process, and therefore changeable through a future process, and when are they more akin to commercial contracts that will...more
On June 8, 2023, Bill 97, the Helping Homebuyers, Protecting Tenants Act, 2023 (Bill 97) received royal assent. Bill 97 was initially introduced April 6, 2023 as part of Ontario's Helping Homebuyers, Protecting Tenants...more
Land use compatibility in the planning context is achieved where industrial and other major facilities can coexist with sensitive land uses to contribute to healthy, livable and sustainable communities. The statutory and...more
On October 31, 2022, in the case of Stelmach Project Management Ltd. v. City of Kingston, the Ontario Court of Appeal held that the City of Kingston may rely on the Municipal Act to enact by-laws imposing fees based on the...more
Key Highlights -
- The proposed legislative changes are part of the government's long-term strategy to build 1.5 million new homes in Ontario within a decade.
- Some of the key changes in Bill 23, if passed, will have...more
The demand for sustainable, lower-carbon solutions in the construction industry is creating new opportunities for the use of mass timber in Canada. Building code regulations are changing to allow for taller wood...more
It is becoming more common for condominium owners to consider terminating a condominium in order to recover capital and (potentially) make a profit. In this post, we address some of the key points that condominium owners,...more
The Toronto City Council adopted an Inclusionary Zoning (IZ) policy framework during the Council meeting from November 9-12, 2021, making it mandatory for certain new residential developments to include affordable housing....more
Changes in Developing Our "New Normal"?
On July 8, 2020, the Ontario government gave first reading to Bill 197—COVID-19 Economic Recovery Act, which aims to create jobs and stimulate economic activity. Of particular...more
The Province of Ontario recently introduced Bill 106, Protecting Condominium Owners Act, 2015, to amend the Condominium Act, 1998, largely in response to the immense growth and change in the condominium sector in Ontario in...more