In addition to the First Time Home Buyers’ Tax Credit, first time home buyers are also eligible for the Home Buyers’ Plan (“HBP”). This is a program that allows you to withdraw up to $60,000 from your registered retirement savings plan (RRSP) to buy or build a qualifying home for... Read More
The First Time Home Buyers’ Tax Credit (HBTC) was implemented in the 2009 Federal budget. As of 2022, HBTC allows for first time home buyers to save up to $1,500 in federal tax relief. That amount comes from a non-refundable tax credit based on an amount of $10,000. The credit... Read More
In October 2009, regulations were passed that were aimed at phasing out existing disposal systems to alleviate the problems with leaking systems, and run off into Manitoba’s water ways. The Provincial Government later amended the regulations of The Environment Act, known as the Onsite Wastewater Management Regulations (60/2010), concerning sewage... Read More
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... Read More
Is your dream to purchase a cottage property or has the dream faded and it is time to sell that cherished family cottage? Whether a purchase or sale, legal advice is important and our lawyers can assist you in the process whether the cottage is in Manitoba or Ontario, on... Read More
The common thread of rent-to-own agreements is that the buyer will take possession and make payments to the seller over time and only upon payment in full will the seller then transfer legal title of the property to the buyer. There are generally two ways in which a rent-to-own agreement... Read More
The Manitoba Métis Federation (MMF) offers a First Time Home Purchase Program (FTHPP) for Métis citizens, which is implemented and managed by Louis Riel Capital Corporation (LRCC). The key objective of the FTHPP is to “improve access to affordable housing that is safe, sound, suitable and sustainable for Métis households... Read More
A person who owns land along a river or other body of water is called a “riparian owner”. The rights that a riparian owner has to use of the river are called “riparian rights.” A riparian owner does not own the river itself. Pursuant to The Water Rights Act of... Read More
Condominium laws were changed in 2015 that apply to both new and existing condominium corporations and purchases of condominium units. The laws are fairly complex so buyers and sellers should seek legal advice when taking the important step of selling or purchasing a condominium unit. When making an offer to... Read More
Beginning as a highlight in the 2022 Canadian Budget, the federal government has made a concerted effort to ensure that profits made from “flipping properties” (i.e purchasing a property with the intent or effect to resell the property for a profit) are taxed in a full and fair manner. As... Read More