Underused Housing Tax Update: October 31 deadline and guidance from CRA
By St.John McCloskey and Emily Davies UPDATE (October 31, 2023): The Canada Revenue Agency has extended the effective deadline again for filing and payment for ... Continued
Canada’s New Underused Housing Tax
By St.John McCloskey UPDATE (October 31, 2023): The Canada Revenue Agency has extended the effective deadline again for filing and payment for the 2022 UHT ... Continued
Budget 2022: Important Changes Impacting Real Estate
By Dani Marshall and Jimmy Zhang The Federal Government has released Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable (the ... Continued
BC Government Provides Guidance on LOTA Interpretation
The BC Government (“Government”) recently provided updated guidance for interpreting the Land Owner Transparency Act, SBC 2019, c. 23 (“Act”), which came into force on ... Continued
BC Supreme Court Weighs In on City of Vancouver’s Approach to Assessing Empty-Home Tax on Redevelopment Properties
A recent BC Supreme Court decision may be of significant interest to residential property owners in the City of Vancouver who have been denied vacancy ... Continued
FAQs: Land Owner Transparency Register
What is LOTA and why was it enacted?
BC Government Extends LOTR Filing Deadline
This morning, the Province posted an Information Bulletin announcing that the mandatory filing deadline for pre-existing owners of certain interests in land to file a ... Continued
LOTR for Trusts and Estates
Note: The deadline for compliance with LOTA has now been extended to November 30, 2022 This article is posted as an important update for owners ... Continued
Recent Additional School Tax Decision has Implications for B.C.’s Development Firms and Landowners
A recent decision by British Columbia’s Property Assessment Appeal Board (the “Board”) on the application of the additional school tax (the “AST”) may have implications ... Continued
The Duty of Good Faith in Commercial Tenancy Disputes
The recent decision of ARC Digital Canada Corp. v. Amacon Alaska Development Partnership, 2021 BCSC 1612 (“ARC Digital”) demonstrates that the doctrine of good faith ... Continued
Doctrine of Spent Breach Raises Uncertainty for ‘no prior default’ Stipulation in Lease Renewal Terms
A common feature of many commercial lease agreements is an option to renew the lease for an additional term, provided that the tenant has not ... Continued
Updates from the RTB: Rent Increase Framework & Ending a Tenancy for Renovations
On June 30, 2021, the Residential Tenancy Branch (the “RTB”) announced the introduction of the Additional Rent Increase (the “ARI”). Effective July 1, 2021, residential ... Continued