Reminder for Ontario Corporations to Declare Land Ownership Corporate Law | Insights Mar 30, 2023 Author: Janet Lee On December 10, 2016, the Forfeited Corporate Property Act (the “FCPA”) came into effect. This statute requires all corporations existing under the Ontario Business Corporations Act (the “OBCA”) to maintain registers of...
Day: March 30, 2023
Prohibition on the Purchase of Residential Property by Non-Canadians Act
MBB LAW INSIGHTS SERIES - REAL ESTATE Prohibition on the Purchase of Residential Property by Non-Canadians Act By: Jimmy Lu Date: January 3, 2022 The Prohibition on the Purchase of Residential Property by Non-Canadians Act[1] (the “Act”) enacted January 1, 2023, bans all non-Canadians from purchasing residential real estate in...