Real Estate Development Update 2023


Course Date: June 8, 2023

Full Course Materials
Total: 6h 15min
Total Ethics: 1h

Welcome and Land Acknowledgement (9:00 – 9:10)

Teresa ShewardProgram Lawyer, CLEBC, Vancouver
Mark V. LewisBennett Jones LLP, Vancouver

Edward L. WilsonLawson Lundell LLP, Vancouver

Structuring Joint Ventures and Partnerships (9:10 – 10:10)

  • what is the right entity to choose?
  • passive investment properties vs. development properties
  • do you need a shareholders agreement?
  • how many management agreements is too many?
  • events of default and liquidity rights
  • stalemate protections
  • what to do when one partner/joint venturer is in financial distress

Jim M.J. AlamKoffman Kalef LLP, Vancouver
Carmine BoskovichFasken Martineau DuMoulin LLP, Vancouver
Maxwell P. CarrollLawson Lundell LLP, Vancouver
Jordan LangloisKornfeld LLP, Vancouver
Mark V. LewisBennett Jones LLP, Vancouver

BREAK (10:10 – 10:25)

Investment Restrictions and Vacancy Taxes and the Impacts on Developers (10:25 – 11:10)

  • Prohibition on the Purchase of Residential Property by Non-Canadians Act 
  • Property Transfer Tax Act
  • Speculation and Vacancy Tax Act
  • Underused Housing Tax Act
  • Empty Homes Tax Bylaw

Mark V. LewisBennett Jones LLP, Vancouver
Shauna TowrissCassels Brock & Blackwell LLP, Vancouver

Legislative Update: New Legislation and Implications (11:10 – 12:00)

  • Mortgage Service Act—how will it impact your clients?
  • Strata Property Act—contingency reserve fund contributions and rental restrictions
  • Money Services Business Act—a new world of regulation
  • Real Estate Development Market Act Policy Statements 
  • Property Law Act—what is a cooling down period and when does it apply?
  • Bill 32 (Canada) and trust account reporting 

Lisa A. FreyLawson Lundell LLP, Vancouver
Edward L. WilsonLawson Lundell LLP, Vancouver

NETWORKING LUNCH (provided to in-person registrants) (12:00 – 1:00)

Working with BC Housing and CMHC (1:00 – 1:45)

  • what are the types of transactions in which BC Housing is involved?
  • what are the requirements that BC Housing seeks from non-profit borrowers or project proponents?
  • what are the requirements that BC Housing seeks from private developers?

Susan DoBoughton Law Corporation, Vancouver
Mike WalkerMiller Thomson LLP, Vancouver

Expropriation Update (1:45 – 2:30)

  • expropriation primer
  • Annapolis Group Inc. v. Halifax Regional Municipality, 2022 SCC 36—what does it mean for expropriation cases?
  • what are the broader implications for development post-Annapolis?

James Goulden, KCNorton Rose Fulbright LLP, Vancouver
Michael MollCivic Legal LLP, Vancouver
Phong PhanLegal Services Branch, Ministry of Attorney General, Victoria

BREAK (2:30 – 2:45)

Development on First Nations Lands (2:45 – 3:30)

  • the ABC's of development on First Nation land
  • searches and due diligence
  • leasing and development strategies and tips
  • comparison of First Nation land regimes

John DoolanMiller Thomson LLP, Vancouver
Jean YuenBoughton Law Corporation, Vancouver

Complex Issues for Urban Developments (3:30 – 4:30)

  • pre-incorporation agreements post-Crystal Square
  • negotiating agreements that accommodate electric vehicles
  • sections vs. air space parcels in light of the Abstract decision
  • parking leases—to register or not to register (a lease or an option)?
  • construction easements—what is the current practice post-OSED Howe Street?
    • trespass vs. nuisance
    • is a licence enough?
    • use of reciprocal agreements
    • how much to pay?
    • City of Vancouver requirements

Wil ChanDentons Canada LLP, Vancouver
Bradley CronquistPushor Mitchell LLP, Kelowna
Alexander FaneSampson Davie Fane Volpiana LLP, Vancouver
Mark V. LewisBennett Jones LLP, Vancouver
Alexander L.F. Mackoff
Terra Law Corporation, Vancouver