Changes to the speculation and vacancy tax and a new BC flipping tax are effective from 1 January 2025. Read more...

We have updated our publications to reflect the federal government’s extension of the ban on foreign buyers of Canadian housing from January 1, 2025, to January 1, 2027.

Changes to the Toronto vacant home tax have been incorporated into By Lawyers guides.

The federal government’s criminal interest rate amendments come into effect on January 1, 2025. The criminal interest rate is lowered from a 60% effective annual rate (EAR) to a 35% annual percentage rate (APR).

An increase to the capital gains inclusion rate applies to capital gains and losses from June 25, 2024. For corporations and trusts, the rate is increased from one-half to two-thirds. For individuals, the inclusion rate is one-half of the first $250,000 and two-thirds of the remaining capital gain or loss. The By Lawyers publications have been updated to reflect these changes.

Enhanced the Retainer Instructions - Purchase Of Real Estate.

As part of the continual updates and enhancements that take place across all our guides, we have revised and updated the Real Estate guides.

New precedent added: Promissory note - No interest.

As part of the continual updates and enhancements that take place across all our guides, we have revised and updated the Real Estate guides.

As part of the continual updates and enhancements that take place across all our guides, we have revised and updated the Real Estate guides.