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.
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…
After significant lobbying by the real estate industry, in the stated effort to “enhance the flexibility of newcomers and businesses looking to add to Canada’s housing supply”, the Honourable Ahmed…
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…
Brenda Gosselin and Stephen Pincus co-authored the Canada Chapter of The Law Reviews' Real Estate M&A and Private Equity Review 7th Edition. The Real Estate M&A and Private Equity Review is a…
Brenda Gosselin and Stephen Pincus co-authored the Canada Chapter of The Law Reviews' Real Estate M&A and Private Equity Review 6th Edition. The Real Estate M&A and Private Equity Review is a…
On April 30, as part of the 2021 federal budget, Canada’s Deputy Prime Minister and Minister of Finance (the “Minister”) introduced Bill C-30, An Act to implement certain provisions of the budget…
Goodmans LLP advised Classic Fire + Life Safety, a McCain Capital Partners portfolio company, in its expansion into Western Canada through the acquisitions of Legacy Fire Protection, Photon Electric…
Goodmans LLP acted as legal counsel Brantford Power Inc. in its merger with Energy+ Inc. to form GrandBridge Energy Inc., the seventh largest municipally-owned electricity distributor in Ontario…
Goodmans LLP is acting for Onex Corporation in connection with the definitive agreement between WestJet and Sunwing under which WestJet Group of companies will acquire Sunwing Vacations and Sunwing…
Goodmans LLP acted for Oxford and CPPIB in connection with their joint sale of Royal Bank Plaza, an iconic, two-tower office plaza in the heart of downtown Toronto, to a Spanish investment firm…
Goodmans represented H&R REIT in connection with: a sale to affiliates of Oak Street Real Estate Capital ("Oak Street") of 100% of the freehold interest and a 40% leasehold interest in the…
We are proud to announce we have once again been recognized in The Canadian Legal Lexpert Directory 2023.85 Goodmans lawyers have been recognized as top-tier in their fields and leaders across…
Join Max Laskin and Anne Benedetti for a critical and up-to-date understanding of the evolving approvals landscape (immediate and longer-term) in the wake of last fall’s massive reforms impacting the…
We’re pleased to announce Goodmans was once again named to The Globe and Mail’s Canada’s Best Law Firms list, recognizing the firm as one of the country’s best law firms for 2023.Goodmans was…
