Business
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October 10, 2024
OSC proposes enhancing retail investors’ access to long-term illiquid assets
The Ontario Securities Commission (OSC) is seeking public comment on a proposal to permit retail investors to gain exposure to long-term illiquid assets through a new investment fund category.
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October 10, 2024
New report highlights lack of racialized lawyers at Ontario firms, offers diversity ranking
Blink Equity, an organization founded to combat systemic racism in workplaces, has released what it calls a “landmark report” titled “The Blink Score: A Racial Diversity Audit & Ranking of Ontario Law Firms,” said to indicate a “lack of inclusion” in the profession.
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October 10, 2024
Ottawa takes step toward removing barriers to Indigenous Peoples’ mobility across Canada-U.S. border
Stating that it “continues to work toward long-term solutions to address Indigenous border mobility challenges” across the Canada-U.S. border, the federal government has announced “temporary measures” to waive certain requirements for eligible American Indigenous people with families in Canada who want to work or study here and to enable eligible Indigenous people from the U.S. who are already in Canada to extend their stay for up to three years.
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October 10, 2024
Canadian Judicial Council rolls out new advisory guidelines for federal judges on their social media use
“Proceed with caution” might sum up, in a nutshell, the latest official advice for judges on their use of social media.
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October 10, 2024
New partner joins Bennet Jones Montreal
Mahnaz Jan Ali has joined the Montreal office of Bennett Jones LLP as a partner, a recent news release from the firm announced.
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October 10, 2024
Treatment of trusts in equalization claims
Calculation of an equalization claim under the Family Law Act first requires the value of an individual spouse’s Net Family Property (NFP). Where a spouse is a beneficiary of a trust, there are two key questions to consider while calculating NFP:
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October 10, 2024
A reasonable decision is not a binding precedent | Sara Blake
May a tribunal change its mind after a court has found its decision to be reasonable?
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October 09, 2024
Taxpayers’ ombudsperson reports that complaints, inquiries surged as CRA resumed collection activities
The Office of the Taxpayers’ Ombudsperson (OTO) saw a 29 per cent increase in complaints and a 62 per cent increase in inquiries in 2023-24 as the Canada Revenue Agency (CRA) resumed collection activities that were put on hold during the COVID-19 pandemic.
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October 09, 2024
Appeal court upholds dismissal of action against lawyer but permits malicious prosecution claim
The Ontario Court of Appeal has upheld the dismissal of an action against a lawyer over allegations that he knowingly allowed false statements to be made in an affidavit on the basis of absolute privilege.
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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.