Does the matrimonial home have to be imputed as an asset?
Ontario, Canada
The following excerpt is from Rilli v. Rilli, 2006 CanLII 34451 (ON SC):
The respondent has argued that the applicant's matrimonial home should be included in imputing income. However, other courts have declined to impute income in regards to the house where it was not an income-producing asset. See: Huzsarik v. Fairfield [2004] O.J. No. 3957 (S.C.J.) paragraphs 46-48.
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