Prospective aircraft buyers are sometimes unsure of whether an aircraft purchasing agreement is necessary when acquiring an aircraft. Like many transactions, purchasing and owning an aircraft requires careful consideration of a variety of factors, such as: future resale value, regulatory compliance, applicable sales taxes, aircraft inspection and condition, title searches and lien status, insurance requirements, […]
Category Archives: Uncategorized
In Budget 2021, the federal government proposed a tax on the sale of new luxury goods purchased for personal use, such as boats, cars, and aircraft (the Proposed Luxury Tax). Today they’ve updated their plans and have indicated that, subject to Parliamentary approval (which is all but certain), the proposed Canada Luxury Tax would come […]
Dear Sirs: Air Passenger Protection Regulations, YYZlaw is a successor law firm to a practise that in the early 1950’s commenced a focus on the aviation community in Canada. I am the third principal of that practise and I have been providing aviation regulatory oversight for over 40 years. YYZlaw continues that aviation and travel […]
February 13, 2017 Dear Sirs: Travel Industry Act Review: As outlined below, I have been a business law practitioner in Ontario for a considerable number of years, with our firm having an emphasis on the aviation and travel industries. The comments below are my personal comments from that experience. Background As a legal practitioner in […]
Clark & Company Submissions Overview In May of 1984, the then Minister of Transport announced ” … the first comprehensive reform of Canadian air policy … “. focused on the domestic market. In that statement, he indicated that” … it has becoming evident that airline deregulation in the U.S. has delivered many important benefits, including […]
Regulatory Modernization Initiative Submissions September 6, 2017 INTRODUCTION Clark & Company is a successor law firm to a practise that in the early 1950’s, commenced a focus on the aviation community in Canada. William F. Clark is the third successor to that practise and he has been providing aviation industry regulatory oversight for over 40 […]
August 2, 2017 Dear Sirs: We apologize for not having met your July 24, 2017, requested deadline for commentary on the Phase II repo1t of your review of the Travel Industry Act. In our original submission of February 13, 2017, we indicated our concern that the review should focus on the virtual disappearance of the […]
Canada is rather unique in western aviation civilizations, as due to constitutional restrictions, it has not been able to enact a central aircraft title registry. However, Transport Canada (TC) is mandated by the Canadian Aviation Regulations (CAR’s) to establish a custody and control registry, which is called the Canadian Civil Aircraft Register (CCAR). Pursuant to CAR Standard 222, […]
Aircraft transactions are complicated processes that require detailed knowledge of aviation regulations, business practices, taxation of aircraft assets, and international law – knowledge that YYZlaw has been steadily building over many decades. These processes can be boiled down to three main categories of agreements: i) contracts of purchase and sale, ii) lease or finance agreements, […]
With the rapid pace of development in the unmanned aerial vehicles (UAVs) sector and the consequent commercial opportunities that follow, entrepreneurs in this emerging industry stand to be among the next generation of great commercial innovators. Already UAVs, more commonly referred to as drones, are being put to work in an assortment of sectors including […]