2018 – Volume 62 – Book 4

The Future is Bright Kim Passmore, AACI, P.App: Combining ambition with a dynamic, open-minded approach to the appraisal profession Kim Passmore, AACI, P.App is a partner with S.W. Irvine & Associates in Guelph, Ontario. She specializes in agricultural and residential…...

Is this a bubble and is it bursting? By Paul Morassutti, AACI, P. App., MRICS,, Vice Chairman, Valuation & Advisory Services, CBRE Limited  September 15, 2018 marked the 10-year anniversary of the filing for bankruptcy of Lehman Brothers, an event…...

Going-concern appraisals vs. business valuations By JT Dhoot, AACI, CBVOmnis Valuations & Advisory Ltd Real property appraisers often value special-use properties, hotels and seniors care facilities, to name a few, on a going-concern basis. The term ‘going-concern’ is not defined…...

PROFESSIONAL PRACTICE MATTERS Who can provide professional assistance Submitted by the Members of the Professional Practice Committee In response to the ever-changing face of the real property valuation industry, in August 2018, the Appraisal Institute of Canada (AIC) issued a…...

LEGAL MATTERS Should contamination remediation costs be deducted from an expropriation compensation payment? By John Shevchuk, Barrister & Solicitor, C.Arb, AACI(Hon.) When a person has his or her property interests expropriated, should the expropriating party be able to deduct actual…...

Cannabis legalization Caution required when disclosing personal information in a report With the recent implementation of cannabis legalization in Canada, Appraisal Institute of Canada (AIC) Members must be aware of their obligations and responsibilities under the Canadian Uniform Standards of…...