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Bank wires: How to find the PCRN and ensure you have irrevocable funds
Although our Canadian banking system is robust it lacks transparency. Payments Canada sets the rules for payments in Canada that all financial institutions must follow. Payments Canada manages two payments systems – ACSS and Lynx. 99% of all amounts you see in your account are via ACSS and revocable, meaning the bank can reverse the… Read More »
Categories: Online Only, Real EstateCity of Toronto Vacancy Tax and Forced Sales Information Gap
The Vacant Home Tax (VHT) (Bylaw 97-2022) requires homeowners in Toronto to let the City know if their property is occupied or vacant by making a declaration every year. Did you know that if the purchase happens between January 1 and May each year, there is no notice of vacant home tax that may be… Read More »
Categories: Online Only, Real EstateConflicts, Undertakings, and File Management: What You Need to Know (2025)
Join us for a practical discussion on common claims and consequences from conflicts of interest and solicitor’s undertakings, including what happens when promises go unfulfilled. We will walk through file management best practices, from retainers to closing, including file retention. Learn tips you can apply today to prevent future issues in your legal practice. We’ll… Read More »
Categories: Conflicts of Interest, CPD, CPD Practice ManagementOntario Small Claims Court limits increased to $50,000
As of October 1, 2025, the Small Claims Court claim limit increased to $50,000, up from $35,000 set in 2020 ($25,000 previously). The change is intended to provide the public with quicker and more affordable Court based dispute resolution for claims up to the new $50,000 limit. The government has also indicated that claims commenced… Read More »
Categories: Civil Litigation, Online OnlyYour 2026 Program: Online renewal restarted, premiums unchanged
Quick Summary: No change to base premium for 2026: $3,250 Auto-renew has been removed and you must complete your renewal and update your payment information on or before November 6 Late filing surcharge of $350 starts November 7 and no file surcharge of $600 starts December 4 Early payment discount discontinued Important Dates Policy renewals… Read More »
Categories: 2025 October - Insurance Issue 2026What’s new for 2026
Q: Why must I renew online? This year, all insureds must complete a renewal form online at my.lawpro.ca. This is important because it helps us maintain up-to-date information on all our insureds and it is also needed to keep our underwriting, financial, and contact information current and accurate. When renewing online, you must update your… Read More »
Categories: 2025 October - Insurance Issue 2026
Lawyers in private practice, sole practitioners and lawyers in association or partnership in 2026
Standard insurance coverage The base program Eligibility: Required of all lawyers¹ providing services in private practice.² Coverage limit: $1 million per claim/$2 million in the aggregate (i.e., for all claims made in 2025), applicable to claim expenses and/or indemnity payments (some exceptions apply).3 Standard deductible: $5,000 per claim, applicable to claim expenses and/or indemnity payments… Read More »
Categories: 2025 October - Insurance Issue 20262026 insurance coverage for exempt lawyer
in-house corporate counsel government lawyers, educators and others not in active private practice retired lawyers, estate trustees, emeritus lawyers, judges and others no longer practising law legal aid clinic lawyers (not directly employed by Legal Aid Ontario) lawyers who engage in only occasional practice in Ontario and are resident in a Canadian jurisdiction other than… Read More »
Categories: 2025 October - Insurance Issue 2026