Can a reduction in income due to retirement constitute a material change in circumstances?
British Columbia, Canada
The following excerpt is from MacCoubrey v MacCoubrey, 2017 BCSC 1305 (CanLII):
Joyce J. discussed whether a substantial reduction in the payor’s income due to retirement can constitute a material change in circumstances in Peters v. MacLean, 2014 BCSC 990 [Peters]. Beginning at para. 29, Joyce J. wrote:
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