In a contract out of the statutory disclosure regime, how has disclosure of significant assets and liabilities been interpreted?

Ontario, Canada


The following excerpt is from Dillon v. Dillon, 2014 ONSC 2236 (CanLII):

In attempting to contract out of the statutory regime, financial disclosure is a fundamental requirement. Disclosure includes the value of significant assets and liabilities. See: Levan v. Levan, supra, at paras. 52-62; and Hartshorne v. Hartshorne, supra, at paras. 44-47.

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