“It Wasn’t Me”

Posted on January 16, 2026January 16, 2026 by Andy MacDonald

In the last year I’ve started doing a lot of work as an Expert Witness for litigation involving mortgages, mortgage brokers, or mortgage agents in Ontario. A common theme I’ve heard a lot of defendants argue is that they weren’t acting as a mortgage broker or agent for the transaction in question. Someone else was arranging the mortgage. Maybe it was a bank, another financial institution, or another mortgage broker. The defendants will argue they were just on the periphery helping th...

The Domino Effect

Posted on July 2, 2025July 2, 2025 by Andy MacDonald

I was recently hired to write an expert witness report for a case that perfectly illustrates the domino effects of the real estate correction that started in 2022. As you may recall, the Bank of Canada began to raise interest rates in the spring of 2022, signalling the beginning of the end to the real estate party that had been going on since the start of the Pandemic. From March to October 2022 the Bank of Canada raised interest rates by 3.50%. The days of cheap money and real estate hyster...