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Assignment Sales and GST/HST Implications in Ontario

The Federal Budget for 2022 has made amendments to Part IX of the Excise Tax Act (“ETA”). Effective May 7, 2022, all assignment sales in respect of newly constructed or substantially renovated single unit residential complexes or residential condominium units are taxable. For clarity, with respect to residential housing transactions, ...

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Industrial Leasing Terms Explained

Industrial leasing can involve significant: financial commitments, operational obligations, long-term business planning, and contractual complexity. However, many tenants initially focus primarily on: rental rate, square footage, or building location, while overlooking important lease terms that may significantly affect: operational flexibility, occupancy cost, liability exposure, and long-term business sustainability. Industrial leases ...

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