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Ontario Court of Appeal rules on production of discharge statements
  • Borden Ladner Gervais LLP
  • Canada
  • December 15 2014

The Court of Appeal's recent decision in Royal Bank of Canada v. Trang, 2014 ONCA 883 ("Trang") has important implications for judgment

Ontario subsequent mortgagee loses priority for fraudulent prior discharge
  • Dentons
  • Canada
  • February 19 2015

In CIBC Mortgages Inc. v. Computershare Trust Co. of Canada, the Ontario Superior Court of Justice considered applications from competing

Some mistakes are correctible: another look at contract rectification
  • Gowling WLG
  • Canada
  • March 26 2014

It goes without saying that parties should never enter into contractual relations loosely, assuming that mistakes can easily be corrected

The Mortgage Investment Corporation - an alternative lender
  • McMillan LLP
  • Canada
  • March 24 2014

In 1973, the federal government introduced measures aimed at stimulating investments in residential mortgages by the private sector. One of those was

Mortgage collections in British Columbia
  • Gowling WLG
  • Canada
  • October 31 2013

A mortgage is "a conveyance of property as a security for the payment of a debt or the discharge of some other obligation for which it is given

SCC finds discounts of interest rate for prompt payments offend Section 8 of the Interest Act
  • Fasken Martineau DuMoulin LLP
  • Canada
  • May 11 2016

In a 6-3 majority decision, the Supreme Court of Canada confirmed Friday that the provisions of a mortgage loan affording the mortgagor a discount of

Good news for Canadian mortgagees
  • McCarthy Tétrault LLP
  • Canada
  • September 12 2012

US lenders in cross-border M&A transactions often ask how real estate security differs in Canada

New anti-money-laundering regulations regarding real estate developers
  • McCarthy Tétrault LLP
  • Canada
  • February 29 2008

On February 20, 2008, amendments to regulations associated with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, S.C. 2000, c. 17 (the Act) were finalized and published

Appeals allowed - 6 May 2016
  • Gowling WLG
  • Canada
  • May 6 2016

On appeal from a judgment of the Alberta Court of Appeal (2014 ABCA 234), affirming a decision of Romaine J. (2012 ABQB 411), which set aside a

Spotlight on security documents: the tenant's acknowledgementestoppel certificate (Alberta)
  • Gowling WLG
  • Canada
  • September 26 2012

Due to a lender’s reliance upon the income streams associated with real property to be used as security in a commercial mortgage financing transaction, the leases that exist upon a borrower’s property are the most important assets of that borrower next to the value of the land to be mortgaged