Business
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October 25, 2024
Industry groups call for greater transparency and integration in Canadian carbon market
A group of 12 industry bodies and major firms have called on the federal and provincial governments to reform industrial carbon markets by removing interprovincial trade barriers and making the carbon credit market more transparent.
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October 25, 2024
Quebec judge decreases fees requested by class counsel in Ticketmaster settlement
The Superior Court of Quebec has decreased class counsel’s requested fees in a class action against Ticketmaster finding the percentage should apply to the amount claimed rather than the total settlement amount.
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October 25, 2024
Competition Bureau calls for public comment on market studies information bulletin
The Competition Bureau is seeking public comment on a new version of its market studies information bulletin, which is being updated to reflect recent changes to the Competition Act.
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October 25, 2024
Property buyer who withheld partial amount over price dispute breached agreement, rules appeal court
The Ontario Court of Appeal has held that a buyer who unilaterally reserved part of the purchase price of two commercial properties pending the resolution of a dispute about the price breached the sale agreement.
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October 25, 2024
Fraud is most prevalent cybercrime; most hate crimes targeted race/ethnicity
Fraud, including identity fraud and identity theft, accounted for most of the 41,162 cybercrimes reported to Canadian police in the first six months of 2024, Statistics Canada says.
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October 25, 2024
FINTRAC special bulletin on use of legal profession in money laundering, sanctions evasion
On Oct. 23, 2024, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) published a Special Bulletin on the use of the legal profession in money laundering and sanctions evasion. I think this publication, especially its timing, raises an interesting question — but before I get to that question, we need to review the history between FINTRAC and the legal profession.
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October 25, 2024
Transparency and accountability in AI systems: Building trust through openness
In the rapidly evolving domain of artificial intelligence (AI), transparency and accountability stand as pillars for building trust between technology providers and users. Following our discussions on legal authority, consent, necessity and proportionality, this article shifts focus to how businesses can implement transparency and accountability in their AI operations. These principles are critical for ensuring that AI technologies are used ethically, responsibly, and in alignment with privacy laws.
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October 24, 2024
Supreme Court refuses to hear appeal over inclusion of major banks in $1B price-fixing class action
The Supreme Court has declined leave to appeal a decision by Ontario’s top court permitting the addition of Bank of America, Merrill Lynch, JP Morgan and Morgan Stanley to a $1 billion class action alleging price fixing in the global gold and silver market.
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October 24, 2024
Federal Court deals partial setback to $4B class action against Meta, Google over alleged conspiracy
The Federal Court has allowed motions to strike a plaintiff’s claims against tech giants Google and Facebook owner Meta for alleged breaches of the Competition Act for conspiracy, finding the companies did not enter into an agreement as competitors.
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October 24, 2024
Small business owners report significant increase in criminal incidents, says CFIB report
Only a third of Canadian small-business owners say they’re happy with the support they’re getting from local police forces to address an apparent increase in criminal incidents affecting them, according to a recent report from the Canadian Federation of Independent Business (CFIB).