Following a lengthy marriage, the parties disputed equalization of net family property, child support, and claims of constructive trust.
The court resolved numerous valuation issues including alleged loans from the respondent’s mother, the value of the matrimonial home and cottage, pensions, vehicles, and other assets.
The court rejected allegations that the respondent had diverted funds to his mother to defeat equalization, finding instead that most earlier loans had been legitimately repaid and that approximately $151,000 remained owing as of separation.
The matrimonial home was valued at $410,000 and the cottage at $655,000, with a discounted contingent capital gains tax liability recognized.
Constructive trust claims by both parties were dismissed, with the court emphasizing that the statutory equalization regime under the Family Law Act should normally govern property division between married spouses.
