Commercial Bond Yields CMB5 Year – 2.87% CANHOU 12/15/30[-0.03%] 10 Year – 3.49%* Est. CANHOU 03/15/36[-0.03%] Floating Rate insured cost of funds 2.87%[-] Prime Rate 4.45%[-] GoC2 Year – 2.49% CAN 09/01/28[-0.02%] 3 Year – …
Letters of Intent and the Duty of Good Faith
Introduction In commercial transactions, parties often begin with a Letter of Intent (LOI) before entering a final, binding agreement. But does the duty of good faith apply to these preliminary …
FINTRAC Change 1 October 2025
Unrepresented Parties in Real Estate Transaction Real estate brokers and sales representatives must now verify the identity of any unrepresented party to a real estate transaction, in accordance with FINTRAC’s …
Confirmation of Acceptance is not Part of the Agreement
Question: If the Confirmation of Acceptance line was signed by the Landlord but they missed the Binding Agreement acceptance line… do you leave as is, knowing all parties are in …
Ontario Proposes Full HST Rebate for First-Time Home Buyers
The Ontario government has announced a major new housing incentive designed to make homeownership more affordable for first-time buyers. Under the proposal, first-time home buyers purchasing a new home valued …
Plumbing Disclosure and Insurance Risks
When a property is being sold, one of the often-overlooked issues is the type of plumbing in the home. Some older homes still contain galvanized steel, lead, or polybutylene (often …
The Relationship Between Insured and Insurer
The relationship between an insured, the policyholder, and an insurer, the insurance company, is contractual, governed by the terms of the insurance policy. However, unlike most contracts, this relationship is …
Listing Agent Dealing with Noisy and Interfering Neighbours
Question:I am getting a new Listing and the neighbours are very strange, wandering outside and becoming quite intrusive whenever visitors come to see the property. According to my clients, they …
Transfer Property to Attorneys
Estate Planning Before and After Listing The recent case of Hunter v. Atwal provides an excellent example of proactive estate and transaction management for elderly property owners. In this case, …
Commission Release Obligations
A common question among sales representatives is how soon a brokerage must release commission after closing a deal. Many believe there are strict RECO guidelines setting out a timeline, but …