OBA Real Property Law PROGRAM | Original Program Date: March 29, 2023

The start of 2023 ushered in new regulatory requirements and taxes that impact residential property ownership and transactions. New prohibitions on certain real estate purchases by non-Canadians and the Vacant Home Tax join already existing legislation which has recently been updated and expanded requiring that more consideration be given to even the most straightforward residential purchase and sale transaction.

Our experienced panel will discuss, what’s new, what’s changed and what you need to know about:

• Prohibition on the Purchase of Residential Property by Non-Canadians Act
• Vacant Home Tax
• Underused Housing Tax
• Non-Resident Speculation Tax (NRST)

The panel will examine exemptions, filing requirements, deadlines, penalties and use of new clauses to protect your clients’ interests.

Join us for insights and best practice tips that will position you to properly advise your clients in this new era.

PROGRAM CHAIRS

Olohirere (Olo) Musa, Friedman Law Professional Corporation
Lyudmila (Lucy) Sivak, Miller Thomson LLP

PROGRAM SPEAKERS

Andrew Fortis, Hummingbird LLP
Raymond G. Leclair, Lawyers Professional Indemnity Company (LAWPRO)
Simon Thang, Thang Tax Law
Matthew Wilson, Siskinds Law Firm