Search
New Rules for Principal Residence Exemptions
April 4th, 2017 by Gemma Brown
In the fall of 2016, the Federal Department of Finance announced a series of changes to the rules governing the principal residence exemption (PRE). These rules include additional restrictions on eligibility for the exemption, and for certain situations, extending the reassessment period of income tax returns for the year of disposition. These changes could impact you, when a sale of your home is made, and… Read More »
This Little Piggy Built a New Barn
March 23rd, 2017 by Samuel Teichroew
The Manitoba government will be proposing legislation to remove the prohibition on expansion of hog barns and manure storage facilities. Bill 24, The Red Tape Reduction And Government Efficiency Act 2017, will enable hog producers to construct new hog barns and expand or modify existing ones. The bill will also remove the requirement for permits for building and expanding existing manure storage facilities and allow… Read More »
Residential Tenancies: Notice to Move Requirements
March 15th, 2017 by Mathieu Lafreniere
Landlords must give tenants a notice to move out based on the vacancy rate (applicable to their region) if they need the tenant to move out because the: Landlord is moving into the unit Landlord is renovating the rental unit and tenants cannot live in the unit while the work is being done Landlord is demolishing the unit Landlord is changing the use of the unit… Read More »
New Reporting Requirements for Sale of Principal Residences
March 2nd, 2017 by Ronald E. Janzen
On October 3, 2016, the Canadian federal government announced that when you sell your principal residence (or are considered to have sold it) you are now required to report on that sale. That is a change. Until now you were not required to report the sale of a principal residence which was tax exempt. Starting in the 2016 tax year (generally due by the end… Read More »
The Importance of a Power of Attorney
February 6th, 2017 by Mathieu Lafreniere
When people start planning for the future they most often think of getting a will drawn up to make sure that those depending on them know what their wishes are. While this is certainly an important step, it does not solve every issue. What may be equally important, if not more so, is a Power of Attorney to deal with issues while you are alive.… Read More »
Mineral Rights and Surface Rights
January 13th, 2017 by Samuel Teichroew
If you own land, you presumably received a document that says “Status of Title” for that land. Many titles include a line that says: “Excluding all mines and minerals” or “Subject to the reservations and provisos contained in the grant from the Crown”. This means that you have the exclusive surface rights to that property, but you don’t have the right, with a few exceptions,… Read More »
