The Government of Canada has enacted the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”) which came into effect January 1, 2023. The Act prohibits the “purchase” of any “residential property” directly or indirectly by “non-Canadians.”; It is presently only intended to be in effect for the calendar years 2023 and 2024. The Prohibition on the Purchase of Residential Property by Non-Canadians Regulations (the “Regulations”), released on December 21, 2022, provide additional detail on key elements of the Act.
On January 12, 2026, the Province of Ontario published a proposal for a new regulation that would substantially expand the scope of projects that are exempt from inclusionary zoning (IZ) obligations…
As we previously reported, persons and entities in the mortgage sector (mortgage administrators, mortgage brokers, and mortgage lenders) became subject to the Proceeds of Crime (Money Laundering) and…
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), together with the Canada Revenue Agency (CRA), recently issued an operational alert (the “Alert”) intended to support…
Brenda Gosselin and Stephen Pincus co-authored the Canada Chapter of Lexology's In-Depth: Real Estate M&A and Private Equity, Edition 9. In-Depth: Real Estate M&A and Private Equity is a…
On April 10, 2024, the Province of Ontario introduced the Cutting Red Tape to Build More Homes Act, 2024, which proposes a number of amendments to the Planning Act and related legislation that would…
Brenda Gosselin and Stephen Pincus co-authored the Canada Chapter of The Law Reviews' Real Estate M&A and Private Equity Review 8th Edition. The Real Estate M&A and Private Equity Review is a…
Goodmans LLP acted as Canadian counsel to Ascent Sports Group, a company backed by GTCR LLC, in connection with its acquisition of LiveBarn, a Montreal-based provider of live and on-demand video and…
Goodmans LLP advised Dayforce, Inc. as Canadian counsel in connection with its acquisition by Thoma Bravo in an all-cash transaction with an enterprise value of US$12.3 billion…
Goodmans LLP advised GTCR LLC (“GTCR”) in connection with its acquisition of dentalcorp Holdings Ltd. (“Dentalcorp”) by way of a plan of arrangement in a transaction that values Dentalcorp at…
Goodmans LLP is acting for Minto Apartment Real Estate Investment Trust (the “REIT”) in connection with its going-private transaction with Crestpoint Real Estate Investments Limited Partnership…
Goodmans LLP represented RioCan Real Estate Investment Trust in the C$178 million sale of a 436-suite rental community in Laval to CAPREIT, successfully closing the transaction in under 30 business…
We are proud to announce Goodmans continues to be recognized in the 2026 edition of The Canadian Legal Lexpert Directory.Congratulations to the 90 Goodmans lawyers recognized as leaders across…
Join Goodmans Partner David Bronskill at ULI Toronto’s “Student Housing In A Shifting Market: Risk, Returns and Readiness” webinar on Wednesday, February 11, 2026.Listen to a candid discussion on the…
We are pleased to announce Goodmans has once again received top-tier recognition from The Legal 500 Canada in their 2026 Guide.Recognition from The Legal 500 is based on independent research and…
