Dec. 19, 2019 - The Québec National Assembly has adopted Bill 16 (Act1), which amends various provisions of the Civil Code of Québec relating to divided co-ownership and adopts measures to protect deposits paid by buyers of a unit. This Act, which was assented to on December 11, 2019, will come into force...
Three Davies Partners Recognized in Who’s Who Legal: Real Estate 2018
Davies’ Commercial Real Estate practice occupies a unique leadership position in commercial real estate transactions, both in Canada and internationally, as a result of our superior client base, our transactional expertise and the capabilities of our team. Recently, the team has acted for Ivanhoé Cambridge in its partnership with Cirque du Soleil to launch an innovative concept in family entertainment centres and for Penguin Investments Inc. and SmartCentres REIT in their multi-billion dollar development of the Vaughan Metropolitan Centre.
Published since 1996, Who’s Who Legal identifies the world’s foremost legal practitioners in business law as determined by comprehensive, independent research. The 2018 Real Estate list features 836 practitioners from 51 jurisdictions who have been identified as the most prominent in the field.
Dec. 17, 2019 - The City of Montréal has adopted a bylaw that will increase the transfer duties payable in Montréal for transactions exceeding $2 million, starting on January 1, 2020. The City is adding a new bracket for the basis of imposition for transfers of immovables exceeding $2 million and has set the...