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Month: May 2024

Ontario Homeowner Protection Act Introduces Safeguards for Buyers & Homeowners

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Ontario Homeowner Protection Act Introduces Safeguards for Buyers & Homeowners   If you’re buying or own property in Ontario, there are new protections coming in the recently tabled Homeowner Protection Act. Both the Ontario Real Estate Association (OREA) and the Toronto Regional Real Estate Board (TRREB) have signaled their approval of the legislation.  While the …

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CRA Confirms No Tenant Liability for Foreign-Owned Property Income Taxes 

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CRA Confirms No Tenant Liability for Foreign-Owned Property Income Taxes Earlier this year, a case was decided that had tenants trying to find out if they lived in a foreign-owned property or not when the Canada Revenue Agency found a tenant liable for paying withholding taxes that their landlord had not remitted. Recently, the CRA …

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