Matrimonial Property
| Author | Julien D. Payne/Marilyn A. Payne |
| Pages | 217-218 |
217
11
Matrimonial Property
In 1973, the Supreme Court of Canada concluded that a wife who had worked
alongside her husband in the elds was not entitled to any interest in the
ranch that had been originally purchased with his money. Her homemaking
role and hard physical labour on the farm counted for nothing. A few years
later, the Supreme Court of Canada saw the error of its ways and invoked the
doctrine of unjust enrichment to enable wives and unmarried cohabitants
to share in property acquired, maintained, or preserved by their partners
during cohabitation. Currently, every province and territory in Canada has
enacted legislation to establish property-sharing rights between married
couples on marriage breakdown or divorce and, in some provinces, on death.
Three fundamental questions require consideration in any attempt to
divide property between spouses on the termination of their relationship.
They are as follows:
1) What kind of property falls subject to division?
2) How is the property to be valued?
3) How will the sharing of property be achieved?
In most provinces and territories, the courts are empowered to divide
specic assets. In Ontario, it is the value of the property, as distinct from
the property itself, that is shared; all assets must be valued, and, subject to
designated exceptions, each spouse is presumptively entitled to an equal
share in the value of the assets acquired by either or both of them during
matrimonial cohabitation.
Get this document and AI-powered insights with a free trial of vLex and Vincent AI
Get Started for FreeUnlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations
Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations
Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations
Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations
Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations