How Does Division of Property Work in Ontario

In Ontario, division of property in a divorce is governed by the Family Law Act. The basic rule: married spouses share the increase in the value of property accumulated during the marriage, calculated through what's called an equalization payment.

This article walks through the building blocks: net family property, valuation date, the matrimonial home (which gets special treatment), and how excluded property — gifts, inheritances, certain pre-marriage assets — is handled.

It is not legal advice, but it should give you the vocabulary you need to talk to your lawyer.