Toll Free: 1-877-727-6978 Phone: 1-250-727-6978 Fax: 1-250-727-6699 Email: info@quickscribe.bc.ca Website: www.quickscribe.bc.ca |
|
|
|
Vol:
XIX – Issue: VI – June 2020 |
|
|
QUICKSCRIBE NEWS: Quickscribe Welcomes New Contributors Nancy Harwood, a lawyer and principal with The Harwood Safety Group, will act as Quickscribe's official expert for Occupational Health and Safety law. Nancy has practiced in the area of occupational health and safety law for over 20 years, including as a director in the Prevention Division of WorkSafeBC, and for the past six years, as principal of The Harwood Safety Group. She provides legal advice on regulatory compliance matters and conducts respectful workplace investigations for a wide range of industry clients. The Group also provides consulting expertise in safety training, OH&S program development, accident investigations and occupational exposure control, including relating to the COVID-19 pandemic. Visit Nancy's public profile page for more information. Teresa Tomchak, a partner with the law firm Farris LLP in Vancouver, will act as Quickscribe's official expert for Securities law. Teresa has extensive experience in securities litigation and regulation and has been involved in numerous shareholder disputes, hostile take-over bids and proxy fights. She has also been involved in contested plans of arrangement and securities class actions. Teresa's practice also includes securities regulatory matters. Teresa has represented clients during investigations and enforcement hearings before various provincial securities commissions. Visit Teresa's public profile page for more information. New Update Resolves Recent Issues Legislation could Extend Emergency Orders for Latest Annotations
To receive email notifications when new annotations are published by our contributors, select "My Alerts" via the top navigation, then select the "View Expert Annotators". Here you can view and "follow" any contributor from the list |
||
Tip: Log in to Quickscribe Online prior to clicking Reporter links.... |
||
|
||
View PDF of this Reporter. |
||
|
||
FEDERAL LEGISLATION – For notification of federal amendments, we recommend you use our Section Tracking tool. | ||
|
||
[ Previous Reporters ] |
||
|
||
CATEGORIES
|
||
COMPANY
& FINANCE ENERGY & MINES FAMILY & CHILDREN FOREST & ENVIRONMENT HEALTH LABOUR & EMPLOYMENT |
LOCAL
GOVERNMENT MISCELLANEOUS MOTOR VEHICLE & TRAFFIC OCCUPATIONAL HEALTH & SAFETY PROPERTY & REAL ESTATE WILLS & ESTATES |
|
|
COMPANY & FINANCE | ||
Company and Finance News: COVID-19 Tax Update: CRA Releases The NBRP outlines the CRA's approach to business resumption, with an emphasis that it is a live draft and expected to change as public health and economic circumstances change over time. Importantly, the CRA notes that any programs or activities scheduled to resume after August 2020 are not yet confirmed and remain subject to change. Read the full article by Chris Canning with Thorsteinssons LLP. COVID-19 and the Frustrated Contract Act BC's New Legislation on Benefit Companies A benefit company is a for-profit company that commits, by a "benefit statement" and "benefit provision," to conduct its business in a responsible and sustainable way and promote one or more "public benefits". Read the full article by Trevor R. Scott, Andrew MacDougall and Sagar Memon with Osler, Hoskin & Harcourt LLP. Marketplace Rules Amended to Streamline Specifically, in order to reduce the regulatory burden on marketplaces, amendments to National Instrument 21-101 Marketplace Operation include eliminating the need for marketplaces to report certain information (for example the requirement to report historical employment information for partners, directors and officers) and changing the timelines respecting the reporting of certain other information (for example changing the requirement to file non-significant amendments to information provided in Form 21-101F1 or Form 21-101F2 from monthly to quarterly). Read the full article by Stikeman Elliott LLP. Income Tax Act Amendments Tax Court Update on Getting Back to
Read the full article by Stevan Novoselac and John Sorensen with Gowling WLG. Securities Annotations – Coming Soon! BC Securities – Policies & Instruments
For more information visit the BC Securities website. |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Business Corporations Act | June 30/20 | by 2019 Bill M209, c. 20, whole Act in force by Reg 105/2020, Business Corporations Amendment Act (No. 2), 2019 |
Business Practices and Consumer Protection Regulation (294/2004) | June 26/20 | by Reg 150/2020 |
Credit Union Incorporation Act | June 22/20 | by 2019 Bill 37, c. 39, sections 105, 111, 112 (a) (part), (b) and (c) only (in force by Reg 141/2020), Financial Institutions Amendment Act, 2019 |
Designated Accommodation Area Tax Regulation (93/2013) | June 1/20 | by Reg 41/2020 |
Financial Institutions Act | June 22/20 | by 2019 Bill 37, c. 39, sections 1 (a) and (f), 9 (a) (part), (b) and (c), 10, 11, 18, 27, 28 (a), 29 and 42 (a), (b) (part), 43 (part), 48, 57, 58, 60 (part), 71 (a), 72, 74 (a) and (d), 75 (a), 76, 79 (d) and (e) only (in force by Reg 141/2020), Financial Institutions Amendment Act, 2019 |
Financial Services Authority Rule-Making Procedure Regulation (141/2020) | NEW June 22/20 |
see Reg 141/2020 |
Income Tax Act | July 1/20 | by 2019 Bill 5, c. 7, sections 4, 10, 18 to 20 and 22 only (in force by Royal Assent), Budget Measures Implementation Act, 2019 |
Mountain Caribou Partnership General Remission Regulation (140/2020) | NEW June 22/20 |
see Reg 140/2020 |
National Instrument 24-102 Clearing Agency Requirements (27/2016) | June 19/20 | by Reg 136/2020 |
Tax and Royalty Interest (COVID-19 Emergency) Remission Regulation (/2020) | NEW June 29/20 |
see Reg 163/2020 |
ENERGY & MINES | ||
Energy and Mines News: BC Proposes Amendments to Mines
Act The proposed amendments adopt a number of the recommendations of the Mining Jobs Task Force and the May 2016 Office of the Auditor General for BC (OAG) report on the EMPR's and the Ministry of Environment's (MOE) compliance and enforcement. Currently, the Chief Inspector of Mines is responsible for both permitting decisions and for health, safety, and enforcement. The proposed amendments will create a new position of Chief Permitting Officer (CPO). The CPO will be responsible for permitting decisions. The delivery of permitting responsibilities will be coordinated and aligned under one area of the ministry. The Chief Inspector will remain responsible for health, safety, and enforcement. The proposed amendments will affirm and clarify the division of responsibilities and resources between permitting functions and regulatory compliance and accountability. Read the full article by Sharon Singh, Sander Grieve and Claire Lingley with Bennett Jones LLP. Supreme Court Dismisses Appeal of Province Extends Deferral of Electricity
Costs for |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Greenhouse Gas Reduction (Clean Energy) Regulation (102/2012) | June 22/20 | by Reg 139/2020 |
Direction to the British Columbia Utilities Commission Respecting COVID-19 Relief (76/2020) | June 19/20 | by Reg 137/2020 |
Fee, Levy and Security Regulation (8/2014) | June 1/20 | by Reg 109/2020 |
First Nations Clean Energy Business Fund Regulation (377/2010) | June 3/20 | by Reg 122/2020 |
FAMILY & CHILDREN | ||
Family and Children News: Government Delays Divorce Act Amendments
Coming into Force in The COVID-19 pandemic has created challenges on many fronts for Canadians, as well as for the operations of governments, courts and the family justice system. Today [June 5], the Honourable David Lametti, Minister of Justice and Attorney General of Canada, announced the delay of the coming into force of changes to the Divorce Act, which was scheduled for July 1, 2020. Due to extraordinary circumstances related to the COVID-19 pandemic, the coming into force date has been deferred until March 1, 2021. Read the full Government of Canada news release. Spousal Claims against Estates: The Utility and Clearly, more and more Canadians are deciding to forego the legal formalities that accompany marriage and are instead choosing to live together outside of marriage as common-law partners. Unfortunately, despite this growing trend, many people in common law relationships are unaware that they may still have legal obligations to one another. Worse yet, statistics demonstrate that common law spouses are much less likely than married spouses to consult a lawyer following the breakdown of a relationship. While 58.2% of separating spouses and 76.0% of divorcing spouses sought advice, only 25.3% of separating common-law spouses did the same. Read the full article by Alexander Swabuk with Miller Thomson LLP. Annotated Model Parenting Assessment Order for Despite the importance of parenting assessments in the resolution of family law disputes, there is no standard form of Supreme Court order used to appoint assessors, and neither the College of Psychologists of BC nor the BC Association of Clinical Counsellors presently publishes practice standards to guide their members in preparing these reports. As a result, parenting assessments vary wildly in methodology and quality. Read the full article by John-Paul Boyd, QC, published on Slaw. COVID-19: BC Government Boosts Climate |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Child Care Licensing Regulation (332/2007) | June 1/20 | by Reg 118/2020 |
Provincial Court (Family) Rules (417/98) | June 1/20 | by Reg 119/2020 |
FOREST & ENVIRONMENT | ||
Forest and Environment News: Frustration and Force Majeure: Unexpected Issues of legal liability associated with COVID-19 are not, of course, limited to the realm of public regulation, but also arise in the context of the legal relationships among private parties. Contracting parties may fail to meet their obligations to one another on account of the pandemic. In these circumstances, the question quickly becomes: what legal remedies are potentially available to provide relief from liability for such a failure? Read the full article by Jeff Waatainen in the Summer 2020 issue of BC Forest Professional magazine. Modernized Contaminated Sites Regime Bill 17 was approved in May of 2019 after a multi-year review and consultation process that identified a number of weaknesses in the contaminated site regime. The amendments will take effect on February 1, 2021, and are intended to streamline site identifications while capturing contaminated sites that were previously left unregulated. Bill 17 makes the following notable changes to the Environmental Management Act:
Read the full article by Max Collet with Norton Rose Fulbright Canada LLP. Environmental Appeal Board Decisions
Visit the Environmental Appeal Board website for more information. |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Administrative Boundaries Regulation (137/2014) | June 26/20 | by Reg 152/2020 |
Administrative Penalties (Environmental Management Act) Regulation (133/2014) | June 29/20 | by Reg 162/2020 |
Administrative Penalties (Integrated Pest Management Act) Regulation (134/2014) | June 29/20 | by Reg 164/2020 |
BC Timber Sales Regulation (381/2008) | June 22/20 | by Reg 142/2020 |
BC Timber Sales Business Areas Regulation (243/2003) | REPEALED June 26/20 |
by Reg 152/2020 |
Closed Areas Regulation (76/84) | July 1/20 | by Reg 169/2020 |
Designation and Exemption Regulation (168/90) | June 26/20 | by Reg 158/2020 |
July 1/20 | by Reg 169/2020 | |
Hunting Regulation (190/84) | June 26/20 | by Reg 158/2020 |
July 1/20 | by Reg 169/2020 | |
Limited Entry Hunting Regulation (134/93) | July 1/20 | by Reg 169/2020 |
Motor Vehicle Prohibition Regulation (196/99) | July 1/20 | by Reg 169/2020 |
Recycling Regulation (449/2004) | June 29/20 | by Reg 162/2020 |
Wildfire Regulation (38/2005) | June 26/20 | by Reg 157/2020 |
Wildlife Act Commercial Activities Regulation (338/82) | June 26/20 | by Reg 158/2020 |
July 1/20 | by Reg 169/2020 | |
Wildlife Act General Regulation (340/82) | July 1/20 | by Reg 169/2020 |
HEALTH | ||
Health News: Assisted Living Regime in BC is Under-regulated and BC Health Officials Reopening Change is Coming to British Columbia's Health
Professional Regulatory Youth Addicted to Drugs Can be Forced into Care under
"This is a new and much-needed tool in our tool box to help youth with severe substance use challenges and their families," Judy Darcy, the minister of mental health and addictions, said in a statement. "Experts are telling us this emergency measure is vital to ensure the immediate safety of young people in crisis." Read the full article published in The Province. LifeLabs Failed to Protect Personal Health Health Law Bulletin – British Columbia |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Drug Plans Regulation (73/2015) | June 5/20 | by Reg 123/2020 |
June 26/20 | by Reg 156/2020 | |
Health Care Costs Recovery Regulation (397/2008) | June 26/20 | by Reg 153/2020 |
Health Professions Designation and Amalgamation Regulation (270/2008) | June 8/20 | by Reg 127/2020 and Reg 128/2020 |
Information Sharing Agreement Prescribed Enactments Regulation (182/97) | June 8/20 | by Reg 129/2020 |
Laboratory Services Regulation (52/2015) | June 22/20 | by Reg 144/2020 |
Meat Inspection Regulation (349/2004) | June 11/20 | by Reg 132/2020 |
Residential Care Regulation (96/2009) | June 1/20 | by Reg 118/2020 |
LABOUR & EMPLOYMENT | ||
Labour and Employment News: CERB Payments to be Extended for 2 More Months Canada to Help Employers with Pension and On July 2, federal Finance Minister Bill Morneau announced the release of "draft regulations that would help employers who sponsor a Registered Pension Plan (RPP) or salary deferral leave plan for their employees to manage and maintain their benefit obligations" during the COVID-19 health crisis. Read the full article by Terry Davidson, published in The Lawyer's Daily. When a Temporary Layoff is However, under the British Columbia Employment Standards Act when an employee's hours have been reduced to the point where they are earning 50% less than their usual earnings or less, they are considered to be laid off. To be considered temporary, the intent must be that the worker will be returned to their usual employment. Under the Act, unless the employer and employee agree to a temporary lay off, or there is a contractual right to impose a temporary lay off, a temporary lay off will be considered a termination. Also under the Act a temporary lay off becomes a termination by law if it extends to 13 weeks or more. Given the pandemic there are a number of employees who would fall into this category. Read the full article by Rose Keith with Harper Grey LLP. COVID-19 Related Temporary As a result of the most recent change, an employer will be able to lay off an employee who does not have a right of recall under a collective agreement for up to 24 weeks, if the COVID-19 emergency is a cause of all or part of the layoff, and the employee agrees to the layoff. The normal definition of "temporary layoff" under the Employment Standards Act (the "ESA"), which permits a layoff of up to 13 weeks in any 20-week period, does not apply in those circumstances. Without the extension of time, employers who were not ready to resume their operations after a 16-week layoff would have had to pay their laid off employees severance pay under the ESA notice provision or their employment contract's termination clause, whichever was applicable. Read the full article by S. Michelle Blendell of Young Anderson, Barristers and Solicitors. Howard Levitt: Companies Can Have Dress Codes, but
They But many Black employees find these statements confusing and hypocritical as these announcements and statements of support are inconsistent with their own experiences in those very companies. Starbucks Corp. was one such company that found itself confronted with accusations of hypocrisy recently. It had made public statements and social media posts supporting the Black Lives Matter movement, but sent an internal memo to employees not to wear Black Lives Matter T-shirts or pins while at work. Once news of these conflicting messages became known, the company faced intense backlash and quickly back-peddled. Read the full article by Howard Levitt on the Financial Post. |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Employment and Assistance Regulation (263/2002) | June 18/20 | by Reg 135/2020 |
Employment and Assistance for Persons with Disabilities Regulation (265/2002) | June 18/20 | by Reg 135/2020 |
Employment Standards Regulation (396/95) | June 1/20 | by Reg 12/2018 and Reg 80/2018 |
June 25/20 | by Reg 148/2020 | |
Salary Range Regulation (152/2017) | June 22/20 | by Reg 146/2020 |
Social Services Employers Regulation (84/2003) | June 8/20 | by Reg 130/2020 |
LOCAL GOVERNMENT | ||
Local Government News: BC Proposes First Steps to Address The BC government says proposed legislation it has introduced takes first steps to address concerns about sky-high costs and availability of insurance for condominiums and other shared properties. Housing Minister Selina Robinson says the legislation proposes to amend the Strata Property Act and the Financial Institutions Act. Read the full article in The Province. New Local Government Meetings and Ministerial Order 192 (which can be found here) repeals and replaces MO139. While still permitting flexible conduct of local government business in light of COVID-19, such as conducting public hearings and Council or Board meetings electronically where necessary, MO192 requires local governments to commence more normal operations by making "best efforts" to allow members of the public to attend open meetings of the local government. If, despite best efforts, attendance of members of the public cannot be safely accommodated, the Council or Board must adopt a resolution providing the rationale for the continued need to meet without the public present and describing the measures being taken to nonetheless ensure the principles of openness, transparency and accessibility are met. Read the full article by Andrew Buckley with Stewart McDannold Stuart. Case Commentary: Issuance of Building Permit for Municipalities Press Bottom-line "From ambulance to clean water to safely-restarted recreation facilities, Canadians need to know that municipal services will keep running strong—and that a full recovery is coming. But that's at risk now with our cities and communities in financial crisis," said FCM President Bill Karsten. "The Prime Minister's safe restart commitment opens a door to solving this. But municipalities need to be part of the conversation, and sufficient funding needs to get to the front lines fast." Read the full article by Federation of Canadian Municipalities (FCM). Recent Lawful Non-Conforming Use Cases BC Cuts Fees, Not Red Tape for |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Cannabis Licensing Regulation (202/2018) | June 18/20 | by Reg 134/2020 |
Gaming Control Regulation (208/2002) | June 22/20 | by Reg 143/2020 |
Bylaw Notice Enforcement Regulation (175/2004) | June 1/20 | by Reg 121/2020 |
Independent School Regulation (262/89) | July 1/20 | by Reg 97/2020 |
Liquor Control and Licensing Regulation (241/2016) | June 29/20 | by Reg 165/2020 and Reg 166/2020 |
Resort Municipality of Whistler Act | June 26/20 | by 2019 Bill 3, c. 5, sections 22 and 23 only (in force by Reg 155/2020), Municipal Affairs and Housing Statutes Amendment Act, 2019 |
School Act | July 1/20 | by 2020 Bill 8, c. 4, sections 16, 17, 21 and 24 only (in force by Royal Assent), Education Statutes Amendment Act, 2020 |
MISCELLANEOUS | ||
Miscellaneous News: New Arbitration Act
The new Arbitration Regulation will also come into force on September 1, designating the Vancouver International Arbitration Centre as the appointing authority and setting out the agreements that are not applicable under the Act. BC Non-Profit Sport Organizations — Protection
from To alleviate some of this concern for amateur sports organizations and their stakeholders, the provincial government has passed a ministerial order protecting and absolving such entities from damages resulting directly or indirectly from COVID-19 related damages, as long as the organizations are abiding by public health orders and provincial sport guidelines. This ministerial order was issued in efforts to encourage such organizations to reopen. Under the June 10, 2020 Order, sports organizations and their representatives will be eligible for legal liability protection, as long as they are operating (or reasonably believe that they are operating) in accordance with all applicable emergency and public health guidelines. It is important to note that this protection does not extend to organizations and their representatives who are found to be grossly negligent. Read the full article by Ryan Morasiewicz with MLT Aikins LLP. Out of Many, Comes One: BCSC Confirms Insurers' Use of
IVA to This summary trial application is cited as Insurance Corporation of British Columbia v. Teck Metals Ltd., 2020 BCSC 259. However, the application hearing determined the issue for three actions: Insurance Corporation of British Columbia v. Teck Metals et al, Economical Mutual Company v. Teck Metals Ltd. et al, and Intact Insurance Company v. Teck Metals Ltd. Read the full article by Mia Taghizadeh with Whitelaw Twining LLP. Federal Court of Appeal Recognizes The decision is significant for two main reasons. First, it recognizes the constitutionality of the scheme in Canada's Anti-Spam Law ("CASL") which regulates the sending of unsolicited commercial electronic messages ("CEMs"). Second, it provides guidance on several key aspects of CASL's CEM provisions, including: (i) the scope of the "relationship" requirement in CASL's business-to-business exemption; (ii) the effect of including a non-functioning unsubscribe mechanism in a CEM, even if the CEM also includes a functioning unsubscribe mechanism; and (iii) the scope of CASL's provisions relating to implied consent to receive CEMs. Organizations which utilize CEMs to promote business activities would be wise to pay close attention to the impacts of the decision. Read the full article by Simon Pinsky and Kelly Samuels with Edwards, Kenny & Bray LLP. New Office of the Legislature Staff Oath Regulation
Provincial Emergency Measures to be Enacted into Law But that hasn't stopped the BC government from taking significant practical, economic, and legal measures to respond to the crisis. These measures included thirty (by our count) Ministerial Orders issued by the Minister of Public Safety and Solicitor General under the Emergency Program Act, which affected the legal rights of individuals and businesses in various ways deemed necessary "to prevent, respond to or alleviate the effects of any emergency or disaster". Read the full article by Michal Jaworski and Jessica Dorfmann with Clark Wilson LLP. BC to Overhaul "Outdated" Policing |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Correction Act Regulation (58/2005) | June 8/20 | by Reg 124/2020 |
Office of the Legislature Staff Oath Regulation (147/2020) | NEW July 1/20 |
see Reg 147/2020 |
Public Service Oath Regulation (228/2007) | July 1/20 | by Reg 147/2020 |
Regulations Act | June 22/20 | by 2019 Bill 37, c. 39, section 131 only (in force by Reg 141/2020), Financial Institutions Amendment Act, 2019 |
MOTOR VEHICLE & TRAFFIC | ||
Motor Vehicle and Traffic News: BC Gov't Introduces Bill to Offer "Flexibility" around
COVID-19 Protection Measures for Most importantly, all inland ferry passengers travelling by vehicle must remain in their vehicles for the duration of the trip to help protect the safety of passengers and crew. Passengers crossing Kootenay Lake who are not prepared to stay in the vehicle for the full duration of the 35-minute sailing should consider driving the Kootenay Pass instead of taking the ferry. All COVID-19 safety guidelines are set by Transport Canada to reduce the risks of COVID-19. Read government news release. BC Road Tests to Resume July 20 after "There are about 55,000 appointments that had to be cancelled as a result of the COVID public health measures that were taken," Eby said. ICBC is now looking to hire and train more driver examiners and open additional locations to help deal with that backlog. Read the CBC article. CVSE Bulletins & Notices
For more information on these and other items, visit the CVSE website. |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Offence Act | June 22/20 | by 2007 Bill 33, c. 14, sections 53 and 54 (b) only (in force by Reg 138/2020), Attorney General Statutes Amendment Act, 2007 |
Passenger Transportation Regulation (266/2004) | June 22/20 | by Reg 145/2020 |
June 30/20 | by Reg 266/2004 | |
Superintendent of Motor Vehicles Records Regulation (2/97) | June 26/20 | by Reg 154/2020 |
Violation Ticket Administration and Fines Regulation (89/97) | June 22/20 | by Reg 138/2020 |
OCCUPATIONAL HEALTH AND SAFETY | ||
Occupational Health & Safety News: New Order Issued for Industrial Camps BC Implementing New Safety Measures for Consultation on Proposed Amendments to Part 8 of the OHS Annotations – Coming Soon! |
||
Act or Regulation Affected | Effective Date | Amendment Information |
There were no amendments this month. | ||
PROPERTY & REAL ESTATE | ||
Property and Real Estate News: British Columbia Extends Temporary Rental Supplement
and
Read the full article by Sergio Custodio and Kristian Arciaga with Fasken Martineau DuMoulin LLP. New Ministerial Order Revises Measures in Place for
Read the full article by Maxwell P. Carroll and Jeffrey Hernaez with Lawson Lundell LLP. British Columbia Amends the Strata Property Act
to The bill's amendments include requiring disclosure of "a summary of the strata corporation's insurance coverage" on a Form B Information Certificate. In addition, a strata corporation will be required to "inform owners and tenants as soon as feasible of any material change in the strata corporation's insurance coverage, including any increase in an insurance deductible." Another amendment will clearly enable strata corporations to make payments for obtaining and maintaining mandated insurance coverage out of the contingency reserve fund. This legislative amendment works hand-in-hand with a recent change to the Strata Property Regulation. Read the full article by Kevin Zakreski on the BCLI website. Suing for Unpaid Deposits In a recent decision, the British Columbia Court of Appeal confirmed that a seller is entitled to an unpaid deposit owing under a contract of purchase and sale for real estate, even if the repudiation of the contract is accepted by the innocent party. In its decision in Argo Ventures v. Choi, the Court confirmed that a seller can sue for the unpaid deposit even after it has accepted the repudiation of the contract due to the buyer's breach or default. The facts of the case are as follows: In the summer of 2016, the buyers entered into a contract to purchase a property in Port Coquitlam, British Columbia for approximately $6,500,000, with an initial non-refundable deposit of $300,000 due within ten business days. The buyers decided not to complete the purchase, despite there being a binding contract, and failed to provide the deposit within ten business days of acceptance (as set out in the contract). The buyers breached the contract (by stating that they would not complete the purchase) before the date the deposit was due. Read the full article by Lisa Niro of Bell Alliance LLP on the BC Real Estate Association website. |
||
Act or Regulation Affected | Effective Date | Amendment Information |
Property Transfer Tax Regulation (74/88) | June 1/20 | by Reg 107/2020 |
WILLS & ESTATES | ||
Wills and Estates News: Proposed Legislation Recognizes Electronic The legislation amends section 37 of the Will, Estates and Succession Act, which sets out the formal signing and witnessing requirements for a valid will to recognized wills in electronic form by adding the following subsections. Read the full article by Stan Rule with Sabey Rule LLP. BC Court of Appeal Upholds Existence of Secret Trust In the recent case of Bergler v. Odenthal, 2020 BCCA 175, the B.C. Court of Appeal upheld a trial decision which held that a secret trust existed, with the result that the person who would have received all of the deceased's assets on an intestacy actually held the assets in trust for another person. Read the full article by James Zaitsoff with Owen Bird Law Corporation. Maintaining an Estate Practice in the Time of COVID-19 When Candace Cho asked me to write about maintaining my estate and trust practice during this pandemic, I was less than 48 hours into it. My family and I had left early for Spring Break, and we were already travelling when Dr. Henry recommended against non-essential travel. We did cut our trip short, but my first day "back to work" was March 23. Read the full article by Amy Mortimore of Clark Wilson LLP. |
||
Act or Regulation Affected | Effective Date | Amendment Information |
There were no amendments this month. | ||
The
content of this document is intended for client use only.
Redistribution to anyone other than Quickscribe clients (without the prior written consent of Quickscribe) is strictly prohibited. QUICKSCRIBE SERVICES LTD. DISCLAIMER The Reporter includes articles that should be used for information and educational purposes only and are not intended to be a source of legal advice. Please consult with a lawyer before choosing to act on any information included in the Reporter. The content in each article is owned by its respective author. UNSUBSCRIBE FROM THIS EMAIL SERVICE To unsubscribe from this service, click here. |