Wide-ranging amendments to Ontario’s Pension Benefits Act (PBA) came into force on December 10, 2019 when the Better for People, Sm…
Ontario government releases fall economic statement: Modernizing financial services
On November 6, 2019, the Ontario government released its fall economic statement, 2019 Ontario Economic Outlook and Fiscal Review: A Plan to Build…
Court of Appeal for Ontario articulates limits on jurisdiction to ‘pull up’ an appeal
The Court of Appeal for Ontario recently released brief reasons which provide essential guidance regarding the limits of the Court’s ability to …
‘Green’ governance: CSA outlines expectations regarding governance disclosure and practices in the cannabis sector
Regulatory and legal risks abound in developing business areas, such as the recently legalized cannabis industry in Canada. One of the key challenges …
Court provides roadmap for seeking administrative law remedies and damages in one class proceeding
Challenging public authorities in courts can be … challenging. Apart from institutional advantages and formidable defences enjoyed by public au…
Carriage decision encourages striving to avoid multiplicity of class actions
In Winder v Marriott International Inc, Justice Perell granted carriage of a data breach class action commenced against Marriott Internationa…
OSC issues anticipated Burden Reduction Initiative Report
Earlier this week, the Ontario Securities Commission (OSC) issued its long-awaited Report on the work of the Burden Reduction Task Force (the Report),…
Discharge for annuity buy-outs in Ontario: It’s finally here!
Ontario’s long-awaited changes to provide for statutory discharges on the purchase of buy-out annuities are finally in force. The buy-out …
OBSI reports rise in investment industry complaints
The Ombudsman for Banking Services and Investments (OBSI) reported a surge in the number of investment-related complaints in the second quarter of 201…
Target date funds: Don’t let your guard down
A 2017 survey conducted by FSCO found target date funds to be the most common default member-directed investment option offered by Ontario-registered …
