There is fear among Canadians that we are sitting on the largest housing bubble of all-time. Bloomberg has an interesting article on the subject to discuss this, and its ramifications. To read it, click here ..read more

The Toronto Star published an article about the GTA's most affordable areas to live in a condo. These include: West Hill, Centennial Scarborough, Malvern, and Rouge. In contrast, the most expensive areas are along the Yonge Subway Line: Rosedale, Moore Park, York Mills, Bridle Path and Hoggs Hollow. ,To read more, click here ..read more

LPF was voted as the Platinum winner in the CommunityVotes Richmond Hill Paralegal category. Thank you to our clients for this prestigious honour. To see the results, click here ..read more

Wexler v. Youssef, the Ontario Superior Court of Justice ruled that tenants cannot withhold rent even if their landlord is not complying with their obligations under the Residential Tenancies Act (RTA). The court held that a tenant's only remedy for a landlord's non-compliance with the RTA is to file an application with the Landlord and Tenant Board (LTB) for an order to compel the landlord to comply. This decision highlights the importance of following proper legal procedures when dealing with issues related to late payment of rent. Tenants cannot withhold rent in response to a landlord's fai ..read more

In Ontario, landlords have the right to hold tenants responsible for damages they have caused to rental properties. The Ontario Residential Tenancies Act (RTA) sets out specific rules and procedures that landlords must follow when dealing with damage caused by tenants. In recent years, there have been several significant court decisions in Ontario that have clarified some of these rules and procedures. In this post, we will discuss these recent court decisions and what they mean for landlords in Ontario. The first important court decision in Ontario related to tenant damages is the case of Ver ..read more

The housing market in Ontario, Canada has been experiencing significant price increases over the past few years. This increase in housing prices has had a ripple effect on other aspects of the real estate market, particularly the rental market. As housing prices rise, so too do rental prices, making it increasingly difficult for individuals and families to find affordable housing. The Causes of Rising Housing Prices in Ontario There are several factors contributing to the increase in housing prices in Ontario. Firstly, there is a shortage of available housing. According to a report by the Cana ..read more

Defective Workmanship Law in Ontario: What You Need to Know As a homeowner or a contractor, it is important to understand the legal rights and responsibilities surrounding defective workmanship. Defective workmanship refers to work done by a contractor or subcontractor that does not meet the reasonable standards of workmanship and quality that would be expected from a competent tradesperson. In Ontario, defective workmanship is regulated by the Ontario Building Code and the common law. Ontario Building Code The Ontario Building Code sets out the minimum standards for construction and design of ..read more

Canadians should be concerned about rising interest rates for several reasons, including: Increased Debt Servicing Costs: As interest rates rise, so do the costs of borrowing money. This means that Canadians with mortgages, loans, and credit card debt could see their debt servicing costs increase. This can put a strain on household budgets and lead to financial difficulties for some Canadians. Reduced Consumer Spending: Higher interest rates can lead to a decrease in consumer spending. When borrowing becomes more expensive, Canadians may be less likely to purchase big-ticket items like homes ..read more

The Ontario housing market tightening can have various potential dangers, including: Housing Affordability: Tightening in the Ontario housing market can lead to an increase in home prices and rents, making it challenging for individuals and families to afford housing. This can exacerbate the affordable housing crisis in the province and contribute to homelessness and housing insecurity. Economic Instability: The Ontario housing market is a significant contributor to the province's economy. A significant tightening in the housing market could have a ripple effect on the broader economy, leadin ..read more

As a tenant in Ontario, it's important to understand the responsibilities when it comes to paying rent. Rent is the most significant obligation that you have as a tenant, and failure to pay rent on time could have serious consequences, including eviction from the rental unit. Under the Residential Tenancies Act (RTA) in Ontario, tenants are obligated to pay rent on the agreed-upon date, which is usually the first day of the month. If a tenant fails to pay rent on time, the landlord can issue a Notice to End Tenancy for Non-payment of Rent, which gives the tenant 14 days to pay the rent owed. I ..read more