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Rent Guidelines for 2024
November 23rd, 2023 by SNJ
Rent Guidelines The rent increase guideline is the amount by which landlords can increase the rent of units without applying to the Residential Tenancies Board. The Manitoba Government will increase the rent guideline by 3% starting January 1, 2024. This means that rent cannot be raised more than 3% in the year of 2024 with the exception of an application to the Residential Tenancies Board.… Read More »
Overtime Employment Standards – Construction Industry
November 8th, 2023 by SNJ
Overtime requirements for construction jobs in the Province of Manitoba are governed either by the Employment Standards Code or The Construction Industry Wages Act (CIWA). For construction jobs that fall outside of CIWA, generally, employers must pay their employees overtime if they exceed 8 hours per day and 40 hours per week. However, Averaging Agreements and Averaging Permits allow for employees to work over the standard… Read More »
Selling a Home: Property Tax Adjustment
September 7th, 2023 by SNJ
Property taxes must be paid on all residential real property as charged by the city, town or municipality in which the property is located. The tax period for all properties is the calendar year, despite the fact that the due dates for the payments of taxes will differ depending on the city, town or municipality rendering the tax bill. It is the usual practice that… Read More »
Buying a Home: Property Taxes
September 7th, 2023 by SNJ
In a typical real estate purchase, an adjustment is usually made to the purchase price with respect to property taxes. This is due to the fact that property taxes are paid at different times of the year in the various areas of the province, but regardless of which area of the province the property is in, property taxes are always paid for the current calendar… Read More »
Why Make a Will?
August 25th, 2023 by Cassandra Bueckert
By: Bryan J. Peters & Cassandra Bueckert Most people know that making a Will is important, but oddly enough, only about half of all Canadians (55%) have a Will and even less (40%) have a Power of Attorney.[1] While Estate Planning rarely makes it to the top of one’s priority list, having a proper estate plan in place will provide you, your loved ones and… Read More »
Buying a Home: Interest
July 14th, 2023 by SNJ
If you are arranging for part of the purchase price to be paid by way of the proceeds of a new mortgage, the process of registering the transfer of land and the mortgage documents in Manitoba may require that the transaction be closed without the mortgage funds being available to the buyer. This may result in the proceeds not being available to the seller immediately… Read More »