News & Analysis as of

Canada Real Estate Investments Real Estate Transactions

Davies Ward Phillips & Vineberg LLP

Selected US Tax Developments

Canadians who emigrate to the United States or elsewhere face many decisions and considerations associated with departure, but careful tax planning should not be an afterthought. When an individual ceases to be resident in...more

Bennett Jones LLP

The Double Default Rule in Real Estate Transactions

Bennett Jones LLP on

"We're ready, willing and able to close. Are you?" These are familiar words to those who buy and sell real estate. They embody the notion that, on the time appointed for the closing of the transaction, a party is ready to...more

Stikeman Elliott LLP

Practical Law: Commercial Real Estate in Canada

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Common Entity Types - Legal persons (such as corporations) and natural persons can generally hold rights over real property in Canada. Investment in real estate can be made through direct ownership by an individual or...more

Stikeman Elliott LLP

Important Amendments to Regulations under the Prohibition on the Purchase of Residential Property by Non-Canadians Act

Stikeman Elliott LLP on

On March 27, 2023, the Federal Government of Canada announced Regulations Amending the Prohibition on the Purchase of Residential Property by Non-Canadians Regulations (together “the Amended Regulations”) which come into...more

Stikeman Elliott LLP

Regulations Amending the Ability of Foreign Workers to Buy Residential Property in Canada

Stikeman Elliott LLP on

On March 27, 2023, the Federal Government of Canada announced amendments to the Regulations accompanying the Prohibition on the Purchase of Residential Property by Non-Canadians Act (together “the Amended Regulations”) which...more

Stikeman Elliott LLP

The Impact of Canada’s Two-Year Prohibition on Foreign Purchases of Residential Property on Foreign Workers and Global Mobility

Stikeman Elliott LLP on

On January 1, 2023, the Prohibition on the Purchase of Residential Property by Non-Canadians Act and its accompanying Regulations (together, “the Act”) came into force. Subject to a number of exceptions, the Act prohibits...more

Stikeman Elliott LLP

Canada’s Two-Year Prohibition on Foreign Purchases of Residential Property: What You Need to Know

Stikeman Elliott LLP on

In response to rising housing prices, Parliament passed the Prohibition on the purchase of residential property by non-Canadians Act (the “Act”) in 2022. Intended to be in effect during the calendar years 2023 and 2024 only,...more

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