Banking, Bankruptcy & Insolvency
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October 09, 2024
OSC releases report, simulator on how gamification influences investor behaviour
The Ontario Securities Commission (OSC) has released a report that studied the impact of gamification on investors and has simultaneously launched a new trading tool for investors in order to test how online gamification can influence investing behaviour.
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October 09, 2024
Class action settlement approved in case against HSBC related to Ponzi scheme
The British Columbia Supreme Court has approved a class action settlement requiring HSBC Bank to pay up to $1.2 million to the victims of a Ponzi scheme that two of the bank's clients operated through their HSBC accounts.
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October 09, 2024
Cross-border litigator joins Hodgson Russ as partner
Hodgson Russ LLP recently announced the addition of Jennifer E. Brevorka as a partner in the firm’s Canada-U.S. cross-border litigation practices.
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October 09, 2024
Personal injury lawyers ask SCC not to make it harder for clients to sue foreign defendants
When can people injured abroad sue in Canadian courts? Does the presumption of innocence apply in non-criminal settings? When a miscarriage of justice occurs, what is the scope of an appeal court’s power to acquit when setting aside a guilty plea? These are some of the questions raised by appeals slated for the Supreme Court of Canada’s new fall session as counsel began making their arguments this week in a court building with stepped-up exterior security features, such as an imposing barricade of large cement planters.
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October 08, 2024
Insured mortgage refinancing for secondary suite construction to be available starting 2025
The federal government has announced that homeowners looking to add secondary suites will be able to refinance insured mortgages, according to an Oct. 8 release. The government has also increased the mortgage insurance home price limit for those refinancing to build a secondary suite to $2 million.
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October 08, 2024
Ontario Securities Commission releases report detailing its approach to sustainable finance
As climate events increasingly impact economies and equity markets, the Ontario Securities Commission (OSC) has published a report detailing its approach to sustainable finance.
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October 07, 2024
3 new associates join Dickinson Wright in Toronto
Dickinson Wright LLP recently announced the addition of Sabrina Fracassi, Talya Bertler and Zachary Cooper as associates in the firm’s Toronto offices.
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October 02, 2024
2 Paliare Roland articling students return as associates
Paliare Roland Rosenberg Rothstein LLP recently announced that two of its articling students — Adam Iggers and Dillon Gohil — have returned to the firm as associates.
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October 01, 2024
RBC Dominion Securities to pay $1M fine for off-market securities trading
A settlement has been reached with the Canadian Investment Regulatory Agency (CIRO) in which RBC Dominion Securities Inc. (RBC DS) is to pay a $1 million fine for off-market trading.
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October 01, 2024
Ottawa will provide new work permits to temporary workers under Yukon nominee program
After reaching similar deals with the governments of Alberta and Manitoba, Ottawa has announced it will provide new work permits for up to 215 temporary workers identified and supported by the Government of Yukon in order to enable such foreign nationals deemed “crucial to the economic development in the territory” to keep working as these skilled workers process their permanent residence applications under the Yukon nominee program.