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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

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

In Manitoba, a buyer is required to pay Land Transfer Tax. There are only very limited exceptions to the payment of Land Transfer Tax. For example, an “interspousal” transfer of land between spouses or common-law partners in typically exempt from Land Transfer Tax, however, a minimum registration charge will be... 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

The issue of GST, as it applies to the sale of a home is a complex issue which should be discussed with your lawyer at an early stage to determine whether it must be charged and collected from the buyer of your home. It is the responsibility of a seller... Read More

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... Read More

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... Read More

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... Read More

In June 2022, the Canadian Prohibition on the Purchase of Residential Property by Non-Canadians Act received royal assent. The Act effectively bans the purchase of residential real estate for non-Canadians and imposes a fine to anyone who breaches it as a non-Canadian purchaser or as a person who assists a... Read More

Operating a short-term rental in Winnipeg will require a licence as of April 1, 2024. This will apply to rentals such as Airbnb, Vrbo, or bed and breakfasts, and it applies to rentals being operated out of the primary place of residence and any non-primary properties. In following the footsteps... Read More