Land Transfer Tax: Assignments, Flips and Options

Determining the amount of Land Transfer Tax (“LTT”) payable on a routine purchase and sale transaction is not a difficult task. On a more complicated transaction or series of transactions, however, the impact of the Land Transfer Tax Act R.S.O. 1990, c.L.6, as amended (the “Act”) and the resultant LTT may have surprising and unfavourable results for a purchaser.

Estate Alert – 2015 Federal Budget Highlights

Yesterday the Minister of Finance, the Honourable Joe Oliver, presented the federal budget for 2015-2016 (“Budget 2015”) in the House of Commons. The following is a summary of some of […]

Lisa Borsook named a Canada’s Most Powerful Women: Top 100 Award Winner

WeirFoulds LLP is pleased to announce that executive partner Lisa Borsook has been named a recipient in the Women’s Executive Network’s (WXN) 2014 Canada’s Most Powerful Women: Top 100 Awards in the RBC Champions Category. These awards celebrate and highlight the professional achievements of women across the country in the private, public and not-for-profit sectors. Winners will be honoured at a gala on November 27, 2014.

Quiz: Land Use Planning Reform

A Development Permit Sysytem combines the zoning, site plan, and minor variance processes into one application and approval process. Through area-wide studies and community consultation, new development standards and performance […]