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ARTICLE · 13 APRIL 2020

COVID-19: Its Impact On Real Estate Transactions

Over the past few weeks and particularly over the last few days, our commercial real estate lawyers have been communicating with our clients and industry stakeholders with respect to the impact

CanadaReal Estate and Construction

Over the past few weeks and particularly over the last few days, our commercial real estate lawyers have been communicating with our clients and industry stakeholders with respect to the impact COVID-19 could have on their impending purchases, sales, financings, existing leases and ongoing real estate development projects. 

While COVID-19’s effect on business continuity across the Province of Ontario continues to evolve hourly, we would like to take this opportunity to provide some guidance on these matters and to let you know what we at Torkin Manes are doing to attempt to minimize the impact of this global pandemic on our clients. 

As you will be aware, on March 23, 2020, Ontario Premier Doug Ford announced a mandatory shutdown of all non-essential workplaces across Ontario, effective as of 11:59 PM on March 24, 2020. The list of essential businesses can be viewed here, and we are pleased to inform you that Torkin Manes remains open for business. 

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