News & Analysis as of

Rental Property Canada

Bennett Jones LLP

Short-Term Rental Registry Launches in British Columbia

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On January 20, 2025, the Government made regulations under the Act (the regulations) and launched the short-term rental registry (the Registry)....more

Bennett Jones LLP

Fair Market Value—What Does it Mean?

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In the world of real estate, it is common to use fair market value (FMV) as a way of describing the value of real estate or rents payable. However, perhaps not often considered is the issue that the term FMV can mean...more

Stikeman Elliott LLP

Toronto City Council Approves Incentive Plan for Private Developers of Rental Units

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On November 13, 2024, Toronto City Council voted 23-1 in favour of creating a “Purpose-built Rental Homes Incentives Stream” under the City’s Rental Supply Housing Program. The plan will support the building of 20,000 new...more

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Update: Draft Legislation on Landlord Tax Liabilities Provides Relief for Residential Tenants

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Since the publication of our blog, Tenants Beware: The Risks of Landlord Tax Liabilities, draft legislation released by the Department of Finance on August 12, 2024, has proposed a change to the Income Tax Act (Canada) (the...more

Bennett Jones LLP

Key Changes to Property Control Rules: What Landlords and Tenants Need to Know Before October 7, 2024

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The Competition Bureau’s public consultation process in connection with new rules related to property controls on certain exclusivity and restrictive use provisions ends on October 7, 2024, and landlords and tenants alike...more

Blake, Cassels & Graydon LLP

Leasing Agreements in Quebec: True Lease or Financing Lease in the Context of an Insolvency?

One of the main advantages for a debtor to seek protection under the Companies’ Creditors Arrangement Act (CCAA) or the Bankruptcy and Insolvency Act (BIA) is the stay of proceedings that prevents creditors faced with a...more

Morrison & Foerster LLP

Quarterly Cartel Catch-Up: 2024 Mid-Year Global Review

At the mid-year point, 2024 is shaping up to be an eventful year in cartel enforcement. In the United States, the U.S. Department of Justice (DOJ)’s Antitrust Division (Division) enjoyed two significant victories and finally...more

Stikeman Elliott LLP

Enhanced GST/HST Rebate for Purpose-Built Rental Housing: Latest Developments

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Incentivizing construction of new rental homes is a key policy priority for Canadian governments. As discussed in an earlier post, the federal Department of Finance issued a news release on September 14, 2023 relating to...more

Bennett Jones LLP

Don’t Walk Away! Landlord Remedies on Lease Repudiation

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Markets change. Situations change. Plans change. And in the face of change, tenants are often faced with future lease obligations that no longer suit their business plans. They need (or at least want) to change the deal with...more

Davies Ward Phillips & Vineberg LLP

Federal Budget 2024: How It Impacts You and Your Business

On April 16, 2024 (Budget Day) the Honourable Chrystia Freeland, Deputy Prime Minister of Canada and Minister of Finance, delivered the Liberal Party’s federal budget (Budget 2024). Budget 2024 included a number of proposed...more

Bennett Jones LLP

Restricted Zoning: The BCCA Confirms Powers to Enact Rental-Only Bylaws Under the Local Government Act

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Last year, in V.I.T. Estates Ltd. v New Westminster (City), 2023 BCCA 183, the British Columbia Court of Appeal (BCCA) dismissed a challenge to a municipal bylaw that restricted zoning to residential rentals. The court found...more

Bennett Jones LLP

Tenants Beware: The Risks of Landlord Tax Liabilities

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A recent ruling from the Tax Court of Canada underscores the significance of tenants verifying their landlords' residency status in adhering to any obligations to withhold taxes in accordance with Part XIII of the Income Tax...more

Bennett Jones LLP

British Columbia Passes Bill 35, Advancing the Homes for People Action Plan and Addressing Short-Term

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On October 26, 2023, Bill 35, the Short-Term Rental Accommodations Act received royal assent. Bill 35 was introduced as part of the NDP’s Homes for People Action Plan to combat the housing crisis and intends to regulate...more

Blake, Cassels & Graydon LLP

Le gouvernement propose de bonifier le remboursement de la TPS pour les immeubles locatifs nouvellement construits

Le 14 septembre 2023, le gouvernement fédéral a annoncé un allègement bienvenu qui touchera les propriétaires et les promoteurs d’immeubles d’habitation construits expressément pour la location, de logements pour étudiants et...more

Blake, Cassels & Graydon LLP

Government Proposes Enhanced GST Rebate for Newly Built Rental Housing

On September 14, 2023, the federal government announced a welcome relief that will affect owners and developers of purpose-built rental buildings, student housing or seniors housing....more

Stikeman Elliott LLP

Announced Enhancements to the GST New Residential Rental Property Rebate

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On September 14, 2023, the Department of Finance Canada issued a news release (the “News Release”) regarding proposed legislation to be enacted in order to enhance the existing GST New Residential Rental Property (“NRRP”)...more

Bennett Jones LLP

What's Next in Office Financing in Canada?

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Bennett Jones was pleased to host an oversubscribed NAIOP panel discussion on current issues in office financing, and I am happy to share my key impressions from what was a compelling and thoughtful dialogue....more

Stikeman Elliott LLP

Canada Introduces New Pandemic Support for Commercial Tenants, Focusing on Tourism, Hospitality and Other Hard-Hit Businesses

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On December 17, 2021, Bill C-2, federal legislation that creates two new rent support programs, became law. As their names suggest, the Tourism and Hospitality Recovery Program (THRP) and the Hardest-Hit Business Recovery...more

Blake, Cassels & Graydon LLP

Subvention d’urgence pour le loyer du Canada : Nouvelle subvention directe destinée aux entreprises

Le 2 novembre 2020, le gouvernement fédéral a défini le cadre de la Subvention d’urgence pour le loyer du Canada (« SULC ») en déposant le projet de loi C-9, Loi modifiant la Loi de l’impôt sur le revenu (Subvention d’urgence...more

Bennett Jones LLP

Overview of Real Estate Emergency Pandemic Measures (Updated June 2020)

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Recent Update - June 1, 2020: Updates to the extensions to the emergency orders and easing of restrictions, as well as the changes to Mandatory Closures on certain recreational and outdoor operations, and updated the...more

Robins Kaplan LLP

Financial Daily Dose 5.28.2020 | Top Story: Canadian Court Clears U.S. Extradition Path for Huawei Exec

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The path for extradition of Huawei exec Meng Wanzhou is much clearer now that a Canadian court has ruled that “the conduct she is accused of in the United States, if proved, also constitutes a crime in Canada.” That...more

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Overview of Real Estate Emergency Pandemic Measures (Updated May 2020 #4)

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Recent Updates - May 25, 2020: Update of Ontario information extending all emergency orders and the easing of restrictions. Update with respect to Lease Relief to provide more details with respect to the Canada Emergency...more

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Overview of Real Estate Emergency Pandemic Measures (Updated May 2020 #3)

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Recent Updates - May 19, 2020: Update of Ontario information extending the Declaration of Emergency and the easing of restrictions, as well changes made to Ontario Restrictions on Landlord Enforcement. Update of Alberta...more

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Overview of Real Estate Emergency Pandemic Measures (Updated May 2020)

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Recent Updates - May 4, 2020: Changes made to Ontario Mandatory Closures and to Lease Relief to provide more details of the Ontario-Canada Emergency Commercial Rent Assistance Program, to Alberta and BC Lease Relief to...more

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Overview of Real Estate Emergency Pandemic Measures - Updated April 2020

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April 27, 2020: Changes made to Ontario Restrictions on Landlord Enforcement and to Lease Relief to describe the Ontario-Canada Emergency Commercial Rent Assistance Program, and to Alberta and BC Restrictions on Landlord...more

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