Marty's Musings | Law Firm of Martin K.I. Rumack

Marty’s 2017 Newsletter

April 26, 2017
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The Year 2016 – What Happened?

Canada

The good weather we enjoyed until the middle of December has gone with the wind, and winter has now arrived with a vengeance.  Both the Farmer’s Almanac and Environmental Canada are predicting heavy snow for the later […]

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WHAT ELSE IS NEW! Canada Mortgage and Housing Corporation Raises Premiums Again

March 13, 2017
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Canada Mortgage and Housing Corporation has announced an increase in their rates for mortgage insurance, starting in mid-March. CMHC has announced that the premium, which is calculated based on the mortgage’s loan-to-value ratio will add approximately $5.00 a month for borrowers on average […]

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New Rights for Tenants Who Are Sexual or Domestic Violence Victims: Are You “In the Know”?

February 28, 2017
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Effective September 6, 2016, the Ontario government implemented changes to the Residential Tenancies Act, 2006, which impacts both landlords and tenants in an important – and perhaps surprising – way.

What Has Changed?

The Sexual Violence and Harassment Action Plan Act, 2016 amends the legislation to benefit tenants who are […]

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IMPORTANT Changes to Toronto Land Transfer Tax APPROVED – Effective March 1, 2017

February 24, 2017
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City of Toronto Council has approved changes to the Toronto Land Transfer Tax that mean additional Toronto Land Transfer Tax costs for some home buyers with a closing date on or after March 1, 2017, when it will be harmonized with the provincial LTT.
Status […]

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