As we enter 2020, Blakes offers this look back at 2019 from a
commercial lease perspective. It was a busy year deal-wise for the
industry and, as a result, easy to fall behind on legal and other
developments. This short recap is intended to get readers back on
track as we all start accelerating into 2020. The general industry
feeling is that, barring an economic recession, 2020 will be
another busy year for leasing in most of Canada.
Noteworthy 2019 Case Law
Pertinent Legislative
Changes
Market Recap
NOTEWORTHY 2019 CASE
LAW
Failure to Reserve the Last Day of a Head Lease Term on a
Sublease
In V Hazelton Limited v. Perfect Smile Dental
Inc., 2019 ONCA 632 the Ontario Court of Appeal (Appeal
Court) was called upon to consider whether a tenant had
inadvertently assigned its lease by virtue of the fact that it had
entered into a sublease but failed to reserve the last day of the
head lease term. After entering into the sublease, the tenant tried
to exercise
