Canada publishes bail-in regulations

On June 16, 2017, the Canadian federal government published its draft bail-in regulations for public comment. This Update offers a detailed overview...

Class counsel fees and other obstacles to class action settlements in Québec

In recent years, a considerable number of Québec class actions have been authorized (certified) for the sole purpose of approving a settlement. The...

Let’s make a deal[er] – 2016 a record year for MFDA enforcement activity

In a May 26, 2017 press release, the Mutual Fund Dealers Association of Canada (“MFDA”) announced its 2016 Annual Enforcement Report,...

Calling John Doe: Can a class action proceed with an anonymous representative plaintiff?

Can you bring a class action without publicly identifying a representative plaintiff? In the past few years, class action claimants in Canada and the...

Mendoza v. Active Tire & Auto Centre Inc. – Ontario Court of Appeal rejects role of an “informed decision” in rescission

The Ontario Court of Appeal's decision in Mendoza v. Active Tire & Auto Centre Inc., 2017 ONCA 471 rejected a lower court’s interpretation of...

SEC awards whistleblower reduced amount citing whistleblower culpability

In a recent order, the United States Securities and Exchange Commission made an order awarding  a whistleblower 20%  of any money collected...

Canadian government suspends CASL private right of action

The Canadian federal government has announced that it has suspended the coming into force of the private right of action under Canada’s anti-spam...

Canada signs multilateral tax agreement

Canada and 67 other jurisdictions signed the OECD’s multilateral tax convention (referred to as the multilateral instrument or “MLI”) on...

Ontario government revamps Construction Lien Act: What you need to know about prompt payment, mandatory adjudication, and more

The Ontario government introduced Bill 142 that, if passed, would significantly amend the Construction Lien Act to create a prompt payment regime,...

Some good news for franchisors, but not out of the woods: Ontario’s proposed changes to employment and labour laws could still impact franchising

The Ontario government has responded with surprising speed to the Final Report from the Changing Workplaces Review by introducing Bill 148, the Fair...