Mortgage Stress Test – Update

The Office of the Superintendent of Financial Institutions Canada (OSFI) announced a number of new mortgage rules which came into effect on January 1, 2018. The new rules, which affect all Canadians renewing or refinancing a mortgage, will require…

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Mortgage Stress Tests in Canada

The Canadian government is trying to cool the hot real estate markets in metropolitan cities such as Vancouver and Toronto, by rolling out new rules on mortgage lending.  The most recent of these measures, are the rules implemented…

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Firm Moves – Paul Barbeau

March 2018 has been a busy month for Barbeau Evans LLP lawyer, Paul Barbeau.  Paul was appointed by the Hon. Andrew Wilkinson, as the Leader’s Representative to the Party Executive of the BC Liberal Party.  The Party Executive manages the…

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Private Placements in Canada

Canadian Securities regulations generally restrict a company from selling its securities without filing a prospectus, with the applicable securities regulator(s). As the preparation and filing of a prospectus is a time consuming and costly process, it is often…

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Charities Update – Canada

Recent Canadian Charity News: Official donation receipts must now include the name and website address of the Canada Revenue Agency (CRA). Following the move to the canada.ca website, official donation receipts will need to be updated with the…

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Estate Executor Responsibilities and Liabilities

Introduction If you have been informed that you are the executor of a will, you should be aware that this role comes with various responsibilities and liabilities. Responsibilities and Liabilities The basic responsibilities of an executor are to…

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One Year Left for Society Transition

Societies Act – Transition Deadline of November 2018 is Fast Approaching! In May of 2015, the British Columbia Government enacted the Societies Act (the “Act”), which requires all societies in British Columbia to transition by November 28th, 2018. The…

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Purchase of Real Property and the “Lawyer Approval” Clause

In recent years, some Canadian cities have experienced a dynamic shift in their housing market. Market factors such as a strong global economy, an increased desire amongst foreign buyers to own Canadian real property, the influx of out…

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Barbeau Evans LLP – Fall 2017 Law Brief

To learn more about Multiple Wills and Probate Fees in British Columbia, the Foreign Buyer’s Tax, Anti-SPAM Law and the suspension of the Private Right of Action, as well recent developments at Barbeau Evans LLP, please see the:…

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Foreign Buyer Tax – An Australian Perspective

British Columbia and Ontario have both recently instituted a Foreign Buyers Tax (B.C.) (the “FBT”) and a Non Resident Speculation Tax (Ontario) (the “NRST”), in an effort to address escalating home price and, arguably, the general supply imbalance.…

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