What is a material change in the order of a mortgage?
Ontario, Canada
The following excerpt is from Sos-Porritt v. Porritt, 2015 ONCJ 477 (CanLII):
A material change is a change such that, if known at the time, would have resulted in a different order. The sufficiency of the change must be defined in regard to the overall financial circumstances of the parties. See Willick v. Willick, 1994 CanLII 28 (SCC), [1994] 3 S.C.R 670, at paragraph 21; L.G. v. G.B., 1995 CanLII 65 (SCC), [1995] 3 S.C.R. 370.
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