Employees and Sale of Business

If you buy a business and continue the employment of some of those who worked for the Seller, then, you have taken them over with their outstanding employment history. For …

Commercial Indicators 16 February 2023

Commercial Bond Yields CMB5 Year – 3.72%*EST. CANHOU 06/15/28[+0.01%]  ‌10 Year – 3.78%*EST. CANHOU 06/15/33[-]  * denotes interpolated rateGoC5 Year – 3.46%CAN 09/01/27[+0.02%]  ‌10 Year – 3.30%CAN 06/01/32[+0.01%]  ‌15 Year – 3.38%*Est. 12/01/36[-0.01%]  ‌20 Year …

Revisions to Consumer Protection Act

Registration of Notices of Security Interests Many companies really fail to bring to the homeowners attention that if they rent some, then a lien will be registered against the title …

Ontario’s New Consumer Protection Act

The Province is looking to update this legislation. When it comes to real estate, the biggest impact will be furnace rentals and the like. Long-term Leases The concern is “purchase-cost …

TRREB 2023 Market Predictions

The Toronto Regional Real Estate Board released its 2023 market outlook on Friday 10 February 2023. Market Influences Forecast 70,000 plus sales in 2023 Improvement in the second half of …

RECO Board of Directors 2023

I have been asked by several candidates for the 2023 RECO Board of Directors to endorse them in their campaigns. Sure, I am happy to help. I just got the …

True Copy of Agreement

From time to time, the issue of a “true copy’ of an agreement comes up. Just what is it? Let’s assume that we are dealing with hard copies of an …

Toronto and GTA Markets in January 2023

GTA REALTORS® Release January 2023 Stats As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall …