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 Sheward — Program Lawyer, CLEBC, Vancouver
Mark V. Lewis — Bennett Jones LLP, Vancouver

Edward L. Wilson — Lawson 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. Alam — Koffman Kalef LLP, Vancouver
Carmine Boskovich — Fasken Martineau DuMoulin LLP, Vancouver
Maxwell P. Carroll — Lawson Lundell LLP, Vancouver
Jordan Langlois — Kornfeld LLP, Vancouver
Mark V. Lewis — Bennett 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. Lewis — Bennett Jones LLP, Vancouver
Shauna Towriss — Cassels 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. Frey — Lawson Lundell LLP, Vancouver
Edward L. Wilson — Lawson 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 Do — Boughton Law Corporation, Vancouver
Mike Walker — Miller 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, KC — Norton Rose Fulbright LLP, Vancouver
Michael Moll — Civic Legal LLP, Vancouver
Phong Phan — Legal 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 Doolan — Miller Thomson LLP, Vancouver
Jean Yuen — Boughton 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 Chan — Dentons Canada LLP, Vancouver
Bradley Cronquist — Pushor Mitchell LLP, Kelowna
Alexander Fane — Sampson Davie Fane Volpiana LLP, Vancouver
Mark V. Lewis — Bennett Jones LLP, Vancouver
Alexander L.F. Mackoff
— Terra Law Corporation, Vancouver