With the global downturn in certain asset class valuations, hotels are experiencing something of a renaissance and have re-emerged as a preferred asset class. With challenges in all but the best in class and transit-oriented...more
3/7/2025
/ Canada ,
Commercial Leases ,
Contract Terms ,
Fees ,
Franchise Agreements ,
Hotel Management Agreements ,
Leases ,
Property Owners ,
Real Estate Development ,
Real Estate Transactions ,
Revenue
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
We all take real property purchase agreements seriously. We read only the title and we know that a transaction is likely to occur, perhaps a significant one. We can also reasonably expect that there will be a property, a...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 scheduled launch of Ontario's competitive internet gaming market is fast approaching. Though originally targeted for December 2021, it is now expected that the launch is more likely to occur in Q1 2022, assuming that the...more
After almost a decade of attempts by individual members of parliament, Cabinet has taken up the mantle of gaming law reform, and yesterday the Minister of Justice introduced legislation to decriminalize single event sport...more
November 20, 2020 Updates: Bill C-9, An Act to Amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy) was given royal assent and comes into full effect on November 20, 2020. As per the...more
AGCO to Conduct and Manage Online Gaming -
Among the significant changes proposed in Ontario's pandemic-recovery budget bill (released November 5, 2020) are a suite of revisions to the legislation regulating online...more
After almost a month of eager anticipation, the federal government has released draft legislation to institute the new Canada Emergency Rent Subsidy (CERS), replacing the now-expired Canada Emergency Commercial Rent...more
On October 9, 2020, the Government of Canada announced the Canada Emergency Rent Subsidy (CERS) program for eligible organizations. CERS will replace the Canada Emergency Commercial Rent Assistance (CECRA) program which...more
Updated October 8, 2020: This blog is a further update to our previous blogs of April 27, 2020, April 30, 2020, May 20, 2020, June 17, 2020 and August 18, 2020....more
Recent Updates -
August 24, 2020: Update reflects the extension of a number of emergency orders under the Reopening Ontario (A Flexible Response to COVID-19) Act. In particular, this extension does not include the...more
On April 24, 2020, the Prime Minister announced the federal government reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for qualifying...more
Recent Updates -
August 13, 2020: Update reflects Windsor-Essex now joining the rest of the Province of Ontario into Stage 3. With all of Ontario is currently in Stage 3, there is a link with respect to the option for...more
Recent Updates -
August 6, 2020: Update tracks the extension of the State of Emergency in British Columbia, the end of the State of Emergency in Ontario, the end of all emergency orders with the exception of those...more
Recent Updates -
July 28, 2020: Updates reflect the changes to Stage 3 and the extension of the Emergency Orders in Ontario, the extension of the State of Emergency in British Columbia and the updates to the Alberta...more
Recent Updates -
July 21, 2020: Update reflects the changes to the Declaration of Emergency and the rolling out of Stage 3 in Ontario.
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Recent Updates -
July 13, 2020: Updates to OCERCA are reflected as well as updates to the extension of emergency orders in Ontario, and the extension of the State of Emergency in British Columbia.
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Recent Updates -
July 7, 2020: Updates reflect the changes in Ontario, Alberta and British Columbia, as some regular court operations begin to re-open. This update also includes the extension of British Columbia's State of...more
Recent Updates -
June 29, 2020: Reflects the updates in the extension of the State of Emergency and Emergency Orders in Ontario, the inclusion and restrictions imposed on Windsor-Essex joining Stage 2 in Ontario, and...more
Recent Updates -
June 24, 2020: Reflects the updates in mandatory closures in Ontario. In particular, the addition of the Stage 2 roll out in Toronto and Peel Region.
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Recent Updates -
June 19, 2020: Updates to reflect the passage of Bill 192 that restricts commercial evictions in Ontario and extension of the emergency order in Ontario to June 30, 2020.
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On April 24, 2020, the Prime Minister announced the federal government reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for qualifying...more
Recent Updates -
June 16, 2020: Updates to reflect the roll out of Stage 2 in Ontario and Alberta, proposed Commercial Eviction legislation in Ontario and Alberta, and the extension of the Emergency Order in British...more
Recent Updates -
June 8, 2020: Updates to the extensions to the emergency orders and easing of restrictions, in particular short-term rentals.
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