Commercial Indicators – 29 November 2024

Commercial Bond Yields CMB5 Year – 3.19%CANHOU 12/15/29[-0.08%]  10 Year – 3.62%*Est. CANHOU 03/15/35[-0.07%]  Floating Rate insured cost of funds4.50%[-]  Prime Rate5.95%[-] GoC2 Year – 3.02%CAN 09/01/27[-0.08%]  3 Year – 3.00%CAN 09/01/28[-0.07%]  5 Year – 3.00%CAN 09/01/29[-0.08%]  10 Year …

Conditions: Do You Need Waivers?

Let’s have a look at two clauses: No Waiver “This Agreement of Purchase and Sale is conditional until 9:00 p.m. on the 25th day of November, 202_, (“Due Diligence Date”) to …

Related Parties: Disclosure to Whom?

There’s an OREA Form 160 which is used for related party disclosure. The problem is that it is often used frequently to disclose situations which do not require disclosure. Bob …

A Decade Since Bhasin v. Hrynew

The Supreme Court of Canada released its decision in Bhasin v. Hrynew late in the afternoon on 13 November 2014. That meant that no one really “knew” about it until …

OREA: Whitepaper Conclusions

OREA concluded with the following Summary: “CONCLUSION Overhauling legislation governing an entire profession is a massive undertaking, with real estate reform work spanning several years since the Government of Ontario …

OREA: Proposes Specialty Certifications

OREA in its “Whitepaper” has proposed various specialty certifications. This is what OREA said: “SPECIALTY CERTIFICATIONS RECOMMENDATION #6: The Ontario Government should enact section 8 of TRESA and permit registrants …