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Changes To Principal Residence Exemption

  • January 24, 2017

On October 3, 2016, Federal Finance Minister Bill Morneau announced changes which will affect trusts and non-residents owning residential property in an effort to ensure "housing markets are stable and functioning efficiently."

B.C. Simplifies Rules for Selling Securities to Non-Residents

The British Columbia Securities Commission (BCSC) has made it easier for B.C. issuers to access capital outside the province. As of October 31, 2017, three new and/or improved exemptions to the prospectus requirement are available for distributions to purchasers outside B.C.