Ontario: extending the time for net family property equalization

Freire v. Freire refuses a motion to extend the limitation period in s. 7(3) of the Family Law Act for bringing an application for equalization of net family property.  It appears a well-reasoned decision, though I confess to having not read it closely. I note it here largely because I don’t see very many decisions of this kind and thought it might be helpful to family law lawyers.  Let me know if I’ve missed something significant!