Resumption of Limitation Periods as of September 14, 2020

The limitation and procedural time periods that were suspended on March 16, 2020 due to the COVID-19 pandemic will resume on September 14, 2020. As such, O. Reg. 73/20 Limitations Periods (under the Reopening Ontario (A Flexible Response to COVID-19) Act, 2020, S.O. 2020, c. 17), will be rescinded as of September 14, 2020. For more information, please […]

How to schedule client consultations and meetings

For the safety of our staff, lawyers and clients: No unscheduled visits or deliveries are permitted. Client meetings and discussions will ONLY occur by phone or video-conferencing and must be scheduled in advance. In-person meetings are ONLY for signing of documents – no discussions other than normal greetings exchanged. Individuals attending the office MUST remain […]

Scotch Fridays – Tune in to the Podcast

  Scotch Fridays formed its roots many years ago when our law firm shared office space with Nancy, a brilliant friend of mine. The Scotch Friday tradition evolved in those long ago days when Nancy would saunter over to my office on Fridays, just before the end of the day, and stand at my door […]

Temporary Wage Subsidy for Employers

As of Monday, March 30, government of Ontario introduced a temporary Wage Subsidy for Employers – here are the details: The federal government’s temporary wage subsidy for employers has been evolving. Now, many small and medium-sized law firms will be eligible. The initial announcement offered a subsidy of up to 10% and limited eligible employers […]

COVID-19 Impact on Residential & Commercial Tenancies

Commercial The Ontario government hasn’t provided any assistance yet to commercial tenants. There is mounting public and media pressure to get something done before April 1st. Media reports have been urging commercial landlords to be lenient with their tenants and show some compassion such as: Rent deferrals; Rent abatements; Alternative pay structure; Short term arrangements. […]

What to To Do With Your Pending Real Estate Deal

(THIS IS NOT LEGAL ADVICE – the discussion is just one lawyer’s observations and views intended for a general audience) The concern for buyers is that they may be laid off and not have the financial resources to carry a mortgage for an indefinite time after closing until their financial circumstances go back to normal. […]

NOTICE: COVID – 19

OUR NEW SHARED REALITY This is a message to our friends, family and clients on what we – the staff and lawyers – at GREEN GERMANN SAKRAN / GGS LAW are doing in response to the COVID–19 pandemic. GGS clients and employees are always our top priority. Rest assured that we are taking all necessary […]

It’s not a bubble – It’s a devastating storm

I believe it is everyone’s right to have a safe and affordable home to raise a family.  The reality in today’s economy is quite the opposite.  I see people making desperate decisions to buy a home out of their price range for fear that they won’t be able to afford anything similar if they wait.  […]

What does Trump have to do with home ownership in the GTA?

Benjamin Tal, Deputy Chief Economist with CIBC World Markets, made a spectacular presentation to kick off the Landpro conference today at the Paramount Centre in Vaughn. Tal spoke about the economy and real estate outlook for the GTA. Tal started with Trump’s election and ended with the rise of housing prices, the trend towards a […]

The Principle Residence Exemption is under attack

Until recently, when you sold your principle residence you did not have to declare it on your tax return and you were not at risk of paying income tax on its increase in value from the original purchase price. As of October 3, 2016, the federal government requires you to report the sale of your […]