The applicant wife sought a divorce, equalization of net family property, and spousal support following a 42-year relationship.
The respondent husband had declared bankruptcy after receiving a large severance package and dissipating assets.
The court determined the valuation date, ordered an equalization payment of $78,430, and directed the transfer of 50% of the respondent's remaining LIRA and RRSP accounts to partially satisfy the equalization and support arrears.
The court also awarded a $25,000 lump sum for retroactive spousal support and $1,900 per month in ongoing spousal support due to the applicant's medical disability and the traditional nature of the marriage.
