Budget paves way to help first time purchasers of real estate

On Behalf of Porter Ramsay LLP | Mar, 26, 2019 | Real Estate Law

The federal Liberal government hopes its 2019 budget paves the way for more people to be able to afford homeownership. Buying real estate for the first time in British Columbia has been unattainable for many due to the federal government’s mortgage stress tests rules. However, the new budget, through the Canada Mortgage and Housing Corporation (CMHC) will help keep some purchasers’ monthly payments lower by advancing them up to 10 per cent of the purchase price of a home. Buyers will need to have at least 5 per cent of the home’s price as a downpayment. In order to qualify,... View Article

Family law: Rules changing for international child custody

On Behalf of Porter Ramsay LLP | Mar, 12, 2019 | Family Law

When divorced parents live in two different countries, decisions regarding children can be difficult. Family law judges in British Columbia have based their decisions regarding children’s living circumstances on parental intentions and circumstances, but that may all be changing. The Supreme Court of Canada recently said that these cases should be looked at taking all relevant circumstances into consideration. In a recent ruling, the country’s highest court said that other factors should be considered when deciding on where a child should live permanently. Some of the factors include the child’s ties to the country in question, facts pertaining to the... View Article

After a crash, injuries can be worse than you think

On Behalf of Porter Ramsay LLP | Mar, 05, 2019 | Uncategorized

In the aftermath of a car crash, there is a lot for victims to process. They can be scared for their safety, worried about the damage to their vehicle and concerned with how the accident could derail their day or indefinite future. With so much going on, it can be difficult to fully understand the extent of damage, especially when injuries seem absent or insignificant. However, before you dismiss your medical needs or accept a settlement from the Insurance Corporation of British Columbia (ICBC), it can be crucial to consider the following types of injuries. Injuries that seem minor –... View Article