Commercial Bond Yields CMB5 Year – 3.20% CANHOU 06/15/31[-0.09%] 10 Year – 3.68%CANHOU 09/15/36[-0.08%] Floating Rate insured cost of funds 2.52%[-] Prime Rate 4.45%[-] GoC2 Year – 2.80%CAN 05/01/28[-0.08%] 3 Year – 2.89%CAN 03/01/29[-0.08%] 5 Year – …
Mortgagee Sales Under Power of Sale: Duty to Achieve the Proper Price
When a mortgagee exercises a power of sale in Ontario, the law imposes important obligations on the lender regarding the manner in which the property is sold. A recurring question …
Pre-Construction Condominium Agreements: Failure to Deliver the Condominium Guide Can Make the Deal Non-Binding
In Dicenzo (Linden Park) Holdings Inc. v. Sadeghyar, the Ontario Superior Court delivered an important reminder to condominium developers and real estate professionals: The case involved a failed pre-construction condominium …
Time Is of the Essence — But Only for Actual Deadlines
Nova Fish Farms Inc. v. Cold Ocean Salmon Inc., 2025 NLCA 28 In Nova Fish Farms Inc. v. Cold Ocean Salmon Inc., the Court of Appeal of Newfoundland and Labrador …
Should You Place Disclosures on Listings?
A Disclosure must be provided to the other side. That’s the purpose. But, they are not required in the Listing. The information may deter some potential Buyers. You have to …
Acknowledgement Provision in Agreement of Purchase and Sale
Question: Offer accepted but one of the parties has not signed the Acknowledgment section! Is it done deal? Or the Acknowledgment has to be signed by both parties to be …
Business Days and Conditions in an Ontario APS
Does Victoria Day Count? In Ontario residential real estate, timing disputes can become surprisingly important. A single missed condition deadline can potentially terminate an Agreement of Purchase and Sale (“APS”) …
No Contest Will Provisions
A Will-maker may include a no-contest clause to discourage beneficiaries from challenging a wWll, but such clauses are only enforceable in limited circumstances under Canadian law. A valid clause generally …
No Contest Provision Enforced: Beneficiary Loses Inheritance
Franklin Estate (Re), 2026 NLSC 7 This case concerned the estate of John Franklin, who died in 2019 and left a Will appointing his daughter Nina as Executrix and including …
Writs of Execution
In Ontario, a writ of execution (more properly called a “Writ of Seizure and Sale”) generally lasts for 6 years from the date it is issued. It can be renewed …