THE LAWYERS WEEKLY
Ontario’s Condominium Act provides a mechanism for unhappy unit owners to stage a statutory uprising by overthrowing and replacing a condo board of directors. A recent Superior Court case (MCC 232 v. Owners and Mortgagees of MCC 232 ONSC 4620) holds a cautionary tale about the adverse financial, political and practical consequences to a condo corporation when its board refuses to comply with the democratic governance process prescribed under the act. The case, heard Aug. 3 in London, Ont., also reinforces the dictum that those who volunteer to sit on a board perform a thankless task…
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What Are Notional Taxes?
What Are Notional Taxes? Article by Ken Fraser When spouses separate in Ontario, it is often necessary to address issues that relate to the assets and liabilities owned by each spouse. To properly address these issues, the spouses must know the accurate value for each...
