The applicant wife brought a motion seeking financial disclosure and a valuation of the respondent husband's interest in a corporation as of the date of separation.
The husband argued the asset was excluded property gifted by his father and that a formal valuation was disproportionate to its value, which he claimed was equal to the dividends he received.
The court held that the husband had the onus to provide credible evidence of the asset's value and ordered him to retain a Chartered Business Valuator at his own expense, noting that the issue of whether the asset was excluded remained in dispute.
