On June 3, 2020, major changes were announced to the Real Estate Act, the legislation that governs realtors, mortgage brokers, appraisers, and property managers in Alberta.
Updates to the Canada Emergency Response Benefit (CERB), Business Credit Availability Program (BCAP), Canada Emergency Business Account (CEBA) and the Small and Medium Enterprise Loan and Guarantee Program.
COVID-19 has impacted every aspect of our economy. These developments will likely result in coverage disputes and litigation surrounding the availability of business interruption coverage; in particular, whether the COVID-19 Pandemic has triggered or will trigger such coverage.
This article updates some of our recent articles on the aid available to employers and workers affected by the COVID-19 crisis and highlights some recent changes to the Alberta Employment Standards Code (“ESC”) in response to the pandemic.
The COVID-19 crisis is an unprecedented situation and will require condominiums to consider new and different measures to ensure the financial security of the condominium is to be maintained, while simultaneously accounting for the needs of their owners.
