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.
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…
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…
Goodmans LLP is acting for Cineplex Inc., Canada's leading entertainment and media company, in connection with the sale of its digital place-based media division, Cineplex Digital Media (“CDM”) to…
Goodmans LLP is advising GTCR LLC in connection with its proposed acquisition of dentalcorp Holdings Ltd. (“Dentalcorp”) by way of a plan of arrangement in a transaction that values Dentalcorp at…
Goodmans LLP is advising Dayforce, Inc. as Canadian counsel in connection with its definitive agreement to be taken private by Thoma Bravo in an all-cash transaction with an enterprise value of…
Goodmans LLP is advising RF Capital Group in connection with its sale to iA Financial Corporation, a Quebec City-based insurance and wealth management company, in an all-cash transaction valued at…
Goodmans LLP acted for Canadian Tire Corporation (CTC) in its partnership with Oxford Properties Group and CT Real Estate Investment Trust (CT REIT) to renovate and retrofit CTC’s head office in the…
We are proud to announce Goodmans has once again been featured on The Globe and Mail’s Canada’s Best Law Firms list, recognizing us as one of the country’s best law firms for 2026.Goodmans was listed…
We are delighted to announce Goodmans LLP continues to receive top-tier recognition from Chambers and Partners in the Chambers Canada 2026 Guide.Recognition from Chambers and Partners is based on…
Join Goodmans partner Brendan O'Neill at Insolvency Insider’s Distressed Real Estate Conference for the panel, “Inside the Workout – Financial, Legal, and Operational Battles in Real Estate…
