The applicant sought an extension of time to bring an application for an equalization payment under the Family Law Act, and a declaration that his equitable claims based on unjust enrichment and trust doctrines were within the applicable limitation periods.
The respondent opposed, arguing the applicant failed to meet the good faith requirement for an extension and that equitable claims were time-barred by a two-year limitation period.
The court granted the extension, finding the applicant acted in good faith by prioritizing family needs and being deterred by the respondent's conduct, and declared the equitable claims were subject to a ten-year limitation period under the Real Property Limitations Act, not the two-year period under the Limitations Act, 2002.