In Li v British Columbia, the British Columbia Supreme Court directed that a summary trial application proceed before the certification heari…
SEC announces $82-million in whistleblower awards
On March 19, 2018 the SEC announced its largest whistleblower award to-date, awarding $49…
Wellman v. TELUS: Supreme Court grants leave to appeal
On March 22, 2018, the Supreme Court of Canada granted leave to appeal the Ontario Court of Appeal’s decision in Wellman v. TELUS. The …
Court of Appeal for Ontario imposes costs where lack of jurisdiction was clear
In Benarroch v. Abitbol, the Court of Appeal for Ontario recently fixed substantial indemnity costs at $22,000 for a motion to quash an appea…
Regulators on both sides of the border pursue initiatives focused on investment adviser conflicts of interest
On February 12, 2018, the U.S. Securities and Exchange Commission (“SEC”) announced a new self-reporting initiative that seeks to protect …
U.S. Bancorp pays $613-million for deficient AML measures
On February 12, 2018, U.S. Bancorp (“USB”) – the parent company of U.S. Bank and the fifth largest bank in the United States –…
Québec Beekeepers’ class action is authorized
On February 20, 2018, the Québec Superior Court granted an application on behalf of the beekeepers of Québec for authorization to institute a class ac…
Canadian Federal Budget 2018 – Impact on financial sector
On February 27, 2018, the Canadian federal government introduced the 2018 federal budget (Budget 2018). The budget plan document includes a numb…
Intrusion upon seclusion may exist in federal law
We have previously commented on the growing number of privacy class actions in Canada over the past five years and the coinciding recognition by court…
Government announces results of consultation on addressing corporate wrongdoing: Deferred prosecution agreement regime to be introduced in Canada
It appears that Canada is moving one step closer to joining other jurisdictions that permit deferred prosecution agreements (“DPAs”), in c…
