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 for CIBC Capital Markets, as Lead Left Joint Bookrunner, and the agents in connection with a C$400 million senior unsecured notes offering for Oxford Properties Group Trust (“OPGT…
Goodmans LLP is acting for Organigram Global Inc. in connection with an arrangement agreement pursuant to which Organigram agreed to acquire all of the issued and outstanding common shares of Aurora…
Goodmans LLP is acting for Sangoma Technologies Corporation in connection with a definitive arrangement agreement pursuant to which an affiliate of BRC Group Holdings will acquire all of the issued…
Goodmans LLP acted 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 is acting for Jamieson Wellness Inc. in connection with its definitive arrangement agreement with Kirin Holdings Company, Limited, pursuant to which Kirin has agreed to acquire all of the…
Goodmans is pleased to be featured in the Best Law Firms - Canada 2027, recognizing us as one of Canada’s most exceptional law firms across 41 industries and practices.We are also honoured to be…
We are proud to announce Goodmans has received top-tier recognition from Chambers in the Chambers Canada 2027 Guide. Recognition from Chambers is based on independent research and direct client…
Goodmans is delighted to announce Carly Caruso has joined the firm as Counsel in our Real Estate Group.She joins an exceptional team of Real Estate lawyers, adding to their broad experience and…
