In a recent case, Menon v. Simpson, the Court awarded damages and costs of $2,405,693.85 on a $8,385,000.00 residential deal, about 30 months later. That’s equal to about 28.7% of …
Residential Damages
Timeline – Menon v. Simpson 2025 ONSC 6720 May 13, 2023 June 12, 2023 Summer–Fall 2023 October 16, 2023 Late October 2023 Late 2023–2024 Subsequent Sale (Date not specified, but after …
Residential Damages Can Add Up for Failed Deal
Menon v. Simpson (Ontario Superior Court) In a recent case, it is clear that damages for the failure to proceed with a purchase can certainly add up quickly. This case …
Commercial Indicators – 6 February 2026
Commercial Bond Yields CMB5 Year – 3.15%*Est CANHOU 06/15/31[-] 10 Year – 3.66%*Est CANHOU 09/15/36[-0.01%] Floating Rate insured cost of funds 2.58%[-] Prime Rate 4.45%[-] GoC2 Year – 2.56% CAN 02/01/28[-] 3 Year – 2.64%CAN 09/01/28[-0.01%] 5 …
February 2026 Session
February Session Times February 9, 10 and 11 (Monday, Tuesday and Wednesday) February 16, 17 and 18 (Monday, Tuesday and Wednesday) Time: 9:30 am to 12:30 pm each day February Session …
Commercial Indicators – 30 January 2026
Commercial Bond Yields CMB5 Year – 3.15%*Est CANHOU 06/15/31[-0.03%] 10 Year – 3.63%*Est CANHOU 03/15/36[-0.02%] Floating Rate insured cost of funds 2.64%[-] Prime Rate4.45%[-] GoC2 Year – 2.56% CAN 02/01/28[-0.02%] 3 Year – 2.65% CAN 09/01/28[-0.02%] 5 …
Power of Appointment in Estate Planning
A power of appointment is a highly effective and flexible estate-planning tool that allows a person you trust to decide how certain property will ultimately be distributed often long after …
Tenancies: Who Pays for the Hot Water Tank Rental?
LTB Cases (residential) Disputes over hot water tank rental charges are surprisingly common in Ontario residential tenancies. Landlords often assume the charge falls under “utilities,” while Tenants argue that hot …
When Specific Performance Fails
Rabinowitz v. 2528061 Ontario Inc., 2026 ONCA 21 The Ontario Court of Appeal’s decision in Rabinowitz v. 2528061 Ontario Inc. is a cautionary tale for commercial real estate investors who …
Bank Fails to Transmit Senior’s Funds for Deposit
Question: A big bank just held up a deposit on a purchase because they suspected fraud! My client, a Buyer, a senior went to the bank in person to wire …
