Category

Touchstone Law Blog Posts

APR

2023

Underused Housing Tax

The underused housing tax (UHT) came into effect January 1, 2022, and is an annual tax intended to apply to vacant or underused housing. It generally applies to non-resident, non-Canadian owners. A filing needs to be completed for each of your properties when all of the...

APR

2023

210-Day Period: Must I wait so long?

You’re the Executor or Administrator of an estate. You’ve sought out legal advice (preferably by Touchstone) and have applied for the Grant of Probate or Administration; it’s a success! Now what? Section 155 of the Wills Estates and Succession Act (“WESA”) prohibits you from...

MAR

2023

Don’t Forget Your Specs! No, Not Glasses, Taxes!

It is nearly the end of March which, for many BC residents, means two things: your crocuses are popping up, and your BC Speculation and Vacancy Tax declarations for the period ending on December 31, 2022 are due (deadline is March 31, 2023). If you’re living in the Capital...

FEB

2023

What is Title Insurance?

Guest blog article provided by Stewart Title Guaranty Company With heightened attention on title fraud lately, understanding the benefits and coverages of title insurance can help protect your most valuable asset – your home. Title insurance can protect against many losses...

FEB

2023

Dividends: Ineligible versus Eligible

You may (or may not) have heard the terms “non-eligible” (also referred to as ineligible) and “eligible” dividends. What’s the difference? This article will briefly touch on what a dividend is and, at least in the tax world, the difference between these two types. In broad...

JAN

2023

Market Madness: Foreign Home Buyer Ban

As of January 1, 2023, the federal government of Canada has enacted the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”), often referred to more commonly as the “foreign home buyer ban”, or similar. The ban prohibits non-Canadians from...

JAN

2023

BC’s 3 Day Cooling Off Period

It’s Getting Hot in Here – So here’s three days to cool off! The 2023 real estate market has started with a bang, but not in the normal sense. With a shift in the general market dynamics due to increased interest rates, slowing sales and lowering prices, buyers and sellers...

SEP

2022

Representation Agreements versus Advance Directives

When considering health care and incapacity planning, clients often wonder about the differences in representation agreements and advance directives. An advance directive is a written document that contains instructions that give or refuse consent to certain health care...

AUG

2022

Should Your Company have a Shareholders’ Agreement?

When a privately held company has more than one shareholder, it is strongly recommended that the shareholders enter into a shareholders’ agreement, or at least consider it with consultation from your lawyer. Shareholders have a great degree of freedom when drafting and entering...

AUG

2022

House Insurance and Fire Season

With fire season upon us, a reminder on the importance of insurance considerations in real estate transactions is timely. The best advice we can provide is to speak with a knowledgeable insurance broker early in the process so that you can have peace of mind as you move...

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Category

Underused Housing Tax

210-Day Period: Must I wait so long?

Don’t Forget Your Specs! No, Not Glasses, Taxes!

What is Title Insurance?

Dividends: Ineligible versus Eligible

Market Madness: Foreign Home Buyer Ban

BC’s 3 Day Cooling Off Period

Representation Agreements versus Advance Directives

Should Your Company have a Shareholders’ Agreement?

House Insurance and Fire Season

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