Digital Brain
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On Second Thought: Ontario Court Dismisses Secondary Market Securities Class Action on Summary Judgment

Feb 21, 2021

Part XXIII.1 of Ontario’s Securities Act creates a statutory cause of action for investors who suffer losses in the secondary market.

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LIBOR Newsflash: Announcement on Official Cessation of LIBOR is Expected Soon

Feb 18, 2021

IBA and FCA expected to make announcement about the official cessation of LIBOR. Timelines for ceasing new issuances of LIBOR loans.

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CSA Propose Changes to Registration Information, Outside Activities and Reporting Requirements as part of Reduction of Regulatory Burden Initiative

Feb 17, 2021

February 4, 2021 - the Canadian Securities Administrators have proposed amendments to the registration information provided by registered individuals and firms.

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More Clarity About the Impact of COVID-19 on Reasonable Notice Periods

Feb 17, 2021

Iriotakis v. Peninsula Employment Services Limited is the latest case to consider the impact of the COVID-19 pandemic on reasonable notice periods.

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Big Brother’s Access Limited – Canadian Privacy Commissioners Rule Clearview AI’s Facial Recognition Tool in Breach of Canadian Privacy Laws

Feb 17, 2021

Privacy Commissioners find Clearview AI's use of facial recognition software on images it scraped from the Internet to be in breach of privacy laws.

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‘Why’d Ya Do It?’ The Supreme Court of Canada Explains the Duty to Exercise Contractual Discretion in Good Faith

Feb 17, 2021

The SCC recently released its long awaited decision in Wastech Services Ltd v Greater Vancouver Sewerage and Drainage District.

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Best practices for commercial landlords facing tenant insolvencies (adapted to the Province of Québec)

Feb 16, 2021

Many commercial landlords are increasingly alarmed that COVID-19 may cause a surge in tenant bankruptcies or restructurings.

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2021 Canadian Merger Notification and Investment Canada Act Review Thresholds Decrease

Feb 12, 2021

The 2021 updates to the merger thresholds under Canada's Competition Act and Investment Canada Act have been announced.

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2020 Fintech Year in Review: Canadian Regulatory Developments

Feb 10, 2021

2020 Fintech Year in Review: Canadian Regulatory Developments