Business
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November 01, 2024
OSC study finds ESG ratings influence investor decisions, but difficult to understand
An Ontario Securities Commission (OSC) study has found that environmental, social and governance (ESG) issues were among the most important factors influencing investor preferences when selecting investment funds — second only to a fund’s past performance.
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November 01, 2024
Ontario proposes new law targeting fraudulent vehicle registrations
The Ontario government is proposing legislation to create a new provincial offence for fraudulent vehicle registrations as part of a multi-pronged effort to reduce vehicle theft.
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November 01, 2024
Court certifies class action against Alberta for business losses during COVID-19 closures
The Alberta Court of King’s Bench has certified a class action against the Alberta government on behalf of businesses that suffered losses caused by closures due to the COVID-19 pandemic. The action comes after a finding that the province’s health orders were ultra vires.
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November 01, 2024
Consolidation of banking complaints system is not enough, says investor advocacy group
An investor advocacy group is calling on the federal government to go beyond simply consolidating Canada’s banking complaints system and give the Ombudsman for Banking Services and Investments (OBSI) binding authority.
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November 01, 2024
Judicial council’s 1st ‘guidelines’ for AI use by judges & courts highlight risks, advise caution
The Canadian Judicial Council (CJC) is advising courts to exercise caution when using artificial intelligence (AI) tools given the potential risks, including entangling the judiciary in “legal complexities,” such as the infringement of copyright or violation of privacy laws.
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October 31, 2024
Alberta proposes 10-fold increase in fines to curtail growing illegal meat trade
The Alberta government is threatening to hit the processors of uninspected meat with fines of up to $100,000 in a bid to crack down on a growing trade in the illegal food.
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October 31, 2024
Competition Bureau calls for more competition in multi-billion-dollar pet medication market
The Competition Bureau is calling for more competition in the pet medication market to address high consumer prices and fewer options.
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October 31, 2024
Rising cyber crime driven by ransomware attacks, state actors like China, says report
Canadian organizations and individuals are increasingly threatened by cybersecurity attacks, with the People’s Republic of China (PRC) representing by far the most active and sophisticated state-sponsored danger, according to a report by the Ottawa-area-based Canadian Centre for Cyber Security.
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October 31, 2024
Speakers at Manitoba A2J conference call for more prison libraries
Many of Canada’s provinces should take cues from Ottawa and move to properly recognize the need for libraries in prisons, say speakers at a recent event in Manitoba.
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October 31, 2024
PROPERTY OF BANKRUPT - Jointly-held property - Leased property - Real property
Appeal by 2649360 Ontario Inc. ("Appellant") from a motion decision granting the Respondent Grant Thornton Limited ("Grant Thornton") relief from forfeiture of a $500,000 real estate purchase deposit. Pleterski and Murphy agreed to purchase a commercial property in Ajax from the Appellant for $5 Million. Pleterski paid a $500,000 deposit using the funds obtained from investors under the pretext of investing in cryptocurrency.