A recent decision of the Ontario Superior Court serves as a reminder of why estate plans need regular attention. Justice Myers dismissed a negligence claim against a lawyer who had …
Mortgage Rates – 7 November 2025
Current Mortgage Rates: “A” Lending Rates: Fixed 3.84% (insured) | 3.94% (conventional) Variable 3.65% (insured) | 3.90% (conventional) Rental 4.69% (fixed) | 4.45% (variable) …
Commercial Indicators – 7 November 2025
Commercial Bond Yields CMB5 Year – 2.91% CANHOU 12/15/30[+0.03%] 10 Year – 3.53%*Est. CANHOU 03/15/36[+0.03%] Floating Rate insured cost of funds 2.81%[-] Prime Rate 4.45%[-] GoC2 Year – 2.52% CAN 09/01/28[+0.04%] 3 Year – 2.63%CAN 09/01/29[+0.03%] 5 …
You cannot Mislead other Parties about Time Limits
Drag v. Mehta, 2024 ONCA 334 (Court of Appeal) Facts Bernard Drag (seller) and Rohit Mehta (buyer) entered into an Agreement of Purchase and Sale (APS) on December 2, 2020 …
GTA Market in October 2025
Price Month Expectation What Happened $1,054,372 October up down $1,059,709 September up yes $1,021,777 August down yes $1,051,786 July down yes $1,102,608 June down yes $1,120,826 …
Selling Prices are Up in October 2025
$1,054,372 October $1,059,709 September $1,021,777 August $1,051,786 July $1,102,608 June $1,120,826 May $1,106,843 April $1,090,293 March $1,086,744 February $1,041,095 January …
November 2025 Session
November Session Times November 17, 18 and 19 (Monday, Tuesday and Wednesday) November 24, 25 and 26 (Monday, Tuesday and Wednesday) Time: 9:30 am to 12:30 pm each day November Session …
Bad Faith and the “Time of the Essence” Clause
Fortress Carlyle Peter St. Inc. v. Ricki’s Construction and Painting Inc. (2019 ONCA 866) In real estate transactions, timing can be everything, but not when one party acts in bad …
Premature Termination by Builder and Bad Faith
More v. Seiko Homes (2023 ONCA 527) Introduction Real estate transactions often hinge on one critical date ,the closing date. But what happens when one party ends the deal too …
Good Faith and Time is of the Essence
There have been some real estate cases which cite the good faith Bhasin case. Consider the following for closing-failures (or “time is of the essence” / good-faith) cases that engage …