The provincial government is seeking to dissuade artificially increased condo prices and potentially close a tax loop through a new system aimed at registering assignments. An assignment is when a buyer has purchased a pre-sale condo, and sells it to another buyer (for a higher price) before the building is complete. Often referred to as [...]
Canadians’ concerns that the legalization of cannabis will negatively impact property values have not played out in other jurisdictions where marijuana is legal. In fact, in some areas, homes within 160 metres of a retail marijuana store were valued close to 10% higher than those outside of that radius. Fixed rate mortgage rates are [...]
The Financial Institutions Commission is increasing its oversight of mortgage brokers in Canada to help curb problems with predatory lending as Canadian debt loads rise and home prices fall. Despite rising interest rates, other data suggest that in Vancouver, delinquencies are not increasing as the number of borrowers who are three months or more [...]
The Greater Vancouver housing market continues to see 10 year lows in sales due to increased municipal and provincial regulation, as well as more stringent mortgage stress tests and rising interest rates. This downturn is contributing to the Bank of Canada prediction for negative growth for residential real estate investment in Canada in 2019. [...]
In our April 12, 2018, blog we wrote about the case of Canada v. Callidus Capital Corporation. The Supreme Court of Canada since heard an appeal of this case and gave its unanimous decision on November 11, 2018, allowing the appeal and overturning the decision of the lower court. The Federal Court of Appeal had determined [...]
Rising interest rates have resulted in a decrease in detached home prices in Greater Vancouver and in increased insolvencies across Canada. However, northern markets have not seen the same overall negative effects of rising interest rates couple with the more stringent mortgage stress test as seen in the Lower Mainland. Parts of northwest BC [...]
Financing mobile equipment comes with certain risks, particularly when the equipment being financed is aircraft. Aircraft can leave Canada and land where foreign laws may not provide protection for Canadian financiers. A recent example of this type of risk was Export Development Canada’s (EDC) $41 million financing of the purchase of a Bombardier jet [...]
The Chartered Professional Accountants (CPA) of Canada say the country is unlikely to experience the same housing market crash experienced by the U.S. a decade ago given the credit quality of today’s Canadian homebuyers. However, homebuyers who may be unable to qualify under the new mortgage stress tests are turning to private lenders, making [...]
The BC real estate market, along with other areas in Canada, continues to show signs of recovering from the changes early in 2018 in government regulations with respect to stress testing and foreign buyers. The approval of the LNG terminal in Kitimat, BC means that the $6 billion Coastal GasLink pipeline will also be [...]
We represent chartered banks, credit unions, commercial lenders and other creditors to minimize the time and cost of security realization, collections and insolvency. In doing so, we use a tool called L2, which puts our lawyers and the clients we serve on one shared, digital workspace – improving efficiency, transparency, security and reducing risk for [...]
Vivian has more than a decade of practice experience in commercial finance and realization and insolvency, initially as an associate with a national law firm and then as in-house counsel for a large financial institution. She has represented many large financial institutions as well as corporate borrowers in secured financing transactions. Vivian has also acted for lenders, borrowers, bankruptcy trustees and receivers on a variety of insolvency matters.
In addition to her legal experience, Vivian brings to McMillan Dubo LLP expertise in corporate strategy, business development and operations management.
Vivian spends her free time cycling, making sourdough bread, and exploring her favourite Vancouver neighbourhoods with her husband and their dog. She is also the founder of Girl Tribe Vancouver, a mentoring and networking community for girls ages 12-16.
Biography text…
Jackson combines a formal education in commerce (Bachelor of Commerce from the UBC Sauder School of Business) and a degree in law to his role providing counsel to financial institutions.
Originally from North Vancouver, Jackson moved to Kamloops in 2013 when he began law school at Thompson Rivers University. In the years that followed, Jackson articled along-side in-house counsel at a major crown corporation and spent time working within a full service law firm in Kamloops. Called to the bar in 2017, he is eager to focus his practice at McMillan Dubo on the unique needs of lenders.
Biography text…
Biography text…
Biography text…
Biography text…
Biography text…
Maia’s practice focuses on researching and analysing complex issues and facts and litigation preparation for a broad range of matters including contract disputes, commercial fraud, commercial disputes, property rights and jurisdictional issues, among others.
Maia completed a clerkship at the Supreme Court of Canada, was a former member of the commercial litigation practice group at a national law firm and a former associate in a boutique law firm that specialized in labour, employment and human rights matters. In 2016, Maia became Commissioned Counsel for the British Columbia Judicial Compensation Commission, having served as previous counsel for the Federal Commission of Inquiry into the Decline of the Sockeye Salmon in the Fraser River.
Maia also holds a graduate degree in Science.
Sherryl is co-founder of McMillan Dubo LLP and leads the realization and insolvency group.
Sherryl has practiced almost exclusively in the areas of commercial insolvency, foreclosures, personal property security realization and collections work during her 18 years as a lawyer. She routinely represents financial institutions throughout British Columbia, as well as receivers and bankruptcy trustees.
Sherryl practiced for 10 years with a major national law firm in Vancouver as part of their realization and insolvency group. She then joined a regional law firm in Kamloops where she was a partner before co-founding McMillan Dubo LLP.
Today, she spends much of her free time practicing her negotiation and dispute resolution skills with her three small children, with the help of her husband.
Margot is a founding partner of McMillan Dubo LLP. She practices exclusively for lenders in the area of commercial finance, with a particular emphasis on real estate, aircraft finance and Aboriginal lending. She works for a variety of institutional lenders in all types of transactions and is focused on delivering solutions that meet the specific needs of lenders and their borrowers.
Margot led the commercial finance group of full service law firm with provincial reach before establishing McMillan Dubo.
Margot has extensive experience in complex commercial transactions involving a range of business entities, including limited partnerships, joint ventures, and trusts. She also consults regularly on legislation relating to First Nations land management, taxation, and borrowing.
Margot is also able to provide a broad range of legal services and advice to aviation clients regarding the sale, purchase, and financing of aircraft and all matters relating to the Cape Town Convention and International Registry.
In her free time, Margot enjoys skiing, trail running with her black Lab, and spending time outdoors with her husband and two sons.
