Banking Regulation – 4th Edition
Banks in Canada have been continuously recognised as amongst the soundest and safest across the globe. During the global financial crisis, while a number of banks in other countries became insolvent, failed or received taxpayer bailouts, Canadian banks remained well-capitalised, well-managed and out of the danger zone. Notwithstanding, the global financial crisis has led to a series of significant regulatory changes (most notably in the areas of liquidity and capital) designed to reduce the risk of another global financial crisis occurring, of which Canadian banks are already or will become subject, to ensure that they will continue to be well-positioned for any risks going forward.
Download the Canadian chapter of Global Legal Insights on Banking Regulation 2017
Canadian chapter reproduced with kind permission from Global Legal Group Ltd.
Insights (5 Posts)
Bidders can Structure Offers to Discourage the Use of Rights of First Refusal
A recent Ontario Court of Appeal decision considers the duty of good faith and honest contractual performance in the context of an asset sale involving ROFRs.
Update for Ontario Employers: Proposed Changes Related to Remote Workers
Ontario employer's should note proposed amendments to the province's employment laws that would clarify remote employees' entitlements in mass terminations.
Trademark of Foreign Owner Invalidated on the Basis of Bad Faith
Awareness of a senior rights holder’s trademark and its prior use of such trademark in Canada is relevant to the assessment of bad faith.
Fanning the Flames of Liability: The Ontario Court of Appeal Considers Product Liability Issues in Burr v. Tecumseh Products of Canada Limited
The decision of the Court of Appeal in Burr v. Tecumseh Products of Canada Limited, 2023 ONCA 135 provides a helpful overview of product liability law.
A Look at Some Key Findings by the Alberta Securities Commission in Re Bison Acquisition Corp.
On December 21, 2021, a panel of the Alberta Securities Commission issued its written decision providing its reasons for the oral ruling it made on July 12, 2021 regarding applications brought by Bison Acquisition Corp. and Brookfield Infrastructure Corporation Exchange Limited Partnership, as well as Inter Pipeline Ltd. and Pembina Pipeline Corporation.
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