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Tax Law

Ontario urges Morneau to be ‘bold’ amid competitiveness fears

Posted in Bylaws / Regulations, Communications, Development, Employment, Finance, Industry Trends, Legislation, Newsworthy, Tax Law

Ontario urges Morneau to be ‘bold’ amid competitiveness fears

Two members of Doug Ford’s cabinet are urging Finance Minister Bill Morneau to take “bold action” in his fall economic update to address a drumbeat of warnings about eroding Canadian competitiveness, according to a letter exclusively obtained by BNN Bloomberg. Ontario Finance Minister Vic Fedeli and Jim Wilson, the province’s minister of economic development, sent a letter to their federal counterparts on Friday urging them to focus on capital investment expensing as a...

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Belleville: Housing Crisis Main Theme of Mayoral All-Candidates

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Industry Trends, Legislation, Newsworthy, Real Estate Law, Rent Control, Tax Law, Tenancy Law

Belleville: Housing Crisis Main Theme of Mayoral All-Candidates

Belleville Mayoral candidates will face residential landlords in the Quinte region at an upcoming all candidates meeting. The Quinte Region Landlord Association is hosting a Belleville mayoral all candidates meeting on Monday September 24 6:30pm in Belleville. The main theme of the meeting will be the local housing crisis and how landlords are being handcuffed by government policy to improve the situation. “We have a lot of upset members who would like to ask about key municipal issues which...

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Municipal Election Up-Date!

Posted in Bylaws / Regulations, Communications, Finance, Industry Trends, Legal, Legislation, Newsworthy, Tax Law

Municipal Election Up-Date!

Ontario is in the midst of municipal elections to be held on October 22, 2018.  There have been a number of changes to the Municipal Elections Act that impact landlords, condominium corporations and co-operative housing. Campaign provisions have been clarified to allow candidates to access apartment buildings, condominiums, non-profit housing co-ops or gated communities from 9 a.m. until 9 p.m. in order to campaign. Importantly, landlords, condominium corporations and co-ops will not be...

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Poloz Says Digital Revolution Warrants Caution on Rate Increases

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Employment, Finance, Housing, Industry Trends, Newsworthy, Real Estate Law, Tax Law

Poloz Says Digital Revolution Warrants Caution on Rate Increases

The vast deployment of digital technologies around the world may be boosting productivity more than current statistics are measuring, giving policy makers another reason to be careful with interest rate increases, the head of Canada’s central bank said. The possibility that economies have more capacity to grow without fueling price increases may be one of the reasons inflation has remained lower than expected over the past five years, Bank of Canada Governor Stephen Poloz said in prepared...

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Trump auto tariff threats hinder push for NAFTA deal

Posted in Appraisal, Bylaws / Regulations, Communications, Employment, Finance, Industry Trends, Legislation, Newsworthy, Tax Law

Trump auto tariff threats hinder push for NAFTA deal

U.S. President Donald Trump’s plans to punish carmakers who produce vehicles outside the U.S. and sell them to Americans are hindering his administration’s efforts to close the deal on a new NAFTA this month. Among the sticking points emerging during this week’s discussions in Washington between the U.S. and Mexico toward a renewed North American Free Trade Agreement is a proposal by the administration to increase the tariffs on cars imported from Mexico that don’t meet stricter new content...

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Trudeau says 2019 Canada election is fight against polarization

Posted in Bylaws / Regulations, Communications, Development, Employment, Events, Finance, Health & Safety, Housing, Industry Trends, Legal, Legislation, Newsworthy, Real Estate Law, Tax Law

Trudeau says 2019 Canada election is fight against polarization

Justin Trudeau said the 2019 Canadian election will be a contrast between his Liberal Party’s push for a cleaner environment and fighting inequality, and Conservatives who’ll attempt to exploit divisions created by a global wave of populism. The prime minister made the remarks late Sunday afternoon in his home district in Montreal, turning attention back to campaign politics a few days after he rejected the idea of calling an early election. Trudeau’s Liberals have lost their earlier lead in...

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Doug Ford’s Ontario PCs Say Killing Cap-And-Trade System Will Cost $5M

Posted in Bylaws / Regulations, Communications, Finance, Housing, Industry Trends, Legislation, Newsworthy, Tax Law, Utility Management

Doug Ford’s Ontario PCs Say Killing Cap-And-Trade System Will Cost $5M

The environment minister believes the business community will like the move. Ontario’s new Progressive Conservative government expects to spend up to $5 million to compensate companies that bought into the province’s cap-and-trade system, the provincial environment minister said Wednesday before moving to repeal the carbon pricing program. Rod Phillips introduced a bill that, if passed, will lay out the legal framework to wind down cap and trade, as well as the criteria for...

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Trump’s Tariffs Will Hurt Canada More Than U.S.: Economist

Posted in Bylaws / Regulations, Communications, Employment, Finance, Industry Trends, Legislation, Newsworthy, Tax Law

Trump’s Tariffs Will Hurt Canada More Than U.S.: Economist

The Trump administration’s tariff threats have the potential to drive companies currently operating in Canada out of the country, the president of a Canadian automotive association said Tuesday. The United States has already imposed tariffs on the steel and aluminum industries and has threatened to impose a 25 per cent levy on Canadian-made autos. The tariffs could make Canadian-made products uncompetitive and add $6,000, $10,000 or more to the cost of a vehicle, said David Adams,...

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Billions of dollars in limbo as Doug Ford nixes cap and trade

Posted in Appointments, Bylaws / Regulations, Communications, Finance, Industry Trends, Legislation, Newsworthy, Rebates, Tax Law, Utility Management

Billions of dollars in limbo as Doug Ford nixes cap and trade

The cancellation of Ontario’s cap-and-trade system will leave billions of dollars in carbon credits in limbo and consumers on the hook for pricey home upgrades that were expected to be part of a rebate program. Incoming premier Doug Ford has vowed to immediately dismantle cap and trade, but has offered few details on how the system will be wound down, and how or if participating companies will be reimbursed. Jennifer Small, president of a national group that represents the Canadian window and...

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How can Doug Ford fix Toronto-area housing?

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Industry Trends, Legislation, Newsworthy, Real Estate Law, Tax Law, Tenancy Law

How can Doug Ford fix Toronto-area housing?

Premier-designate Doug Ford must make housing affordability a priority, say builders, realtors and urbanists. “This really is a generational challenge. The challenge of the folks who are going to live in the GTA over the next 25 years is something that needs to be the central focus of the provincial government,” said David Wilkes, CEO of the Building Industry and Land Development Association (BILD). He was among seven experts who told the Toronto Star how a new Ontario Progressive Conservative...

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