LSO advises real estate lawyers of new AML rules for title insurers
New anti-money laundering (AML) reporting requirements for title insurers mean that real estate lawyers need to ensure that their clients understand that financial and other information will have to be disclosed to federal authorities, said Pallett Valo LLP lawyer Ray Mikkola.
Friday, September 12, 2025 @ 2:18 PM
Ontario’s legal regulator is asking real estate lawyers to be aware of new anti-money laundering requirements for title insurers starting at the beginning of next month. As of Oct. 1, title insurers across Canada will become reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and regulated by the Financial Transactions and Reports Analysis Centre of Canada, also known as FINTRAC. Title insurance is a policy protecting property owners and lenders from financial loss due to title defects that weren’t discovered during a standard title search, such as fraudulent transfers and unpaid liens. ... [read more]
Trade tribunal launches final probe into dumped, subsidized Chinese thermal paper
Friday, September 12, 2025 @ 5:26 PM
The Canadian International Trade Tribunal has launched a final inquiry into thermal paper imports from China after the Canada Border Services Agency (CBSA) made a preliminary finding that the product is being subsidized and dumped in Canada. ... [read more]
Court declines to enforce jurisdiction clause, citing inseparability of claim from larger dispute
Friday, September 12, 2025 @ 5:24 PM
The Nova Scotia Supreme Court has declined to enforce an Ontario forum selection clause, ruling that the issues in the relevant third-party claim were unextractable from those in an action already being heard in Nova Scotia. ... [read more]
New settlement offer sent to Dalhousie Faculty Association amid university lockout
Friday, September 12, 2025 @ 2:31 PM
Bargaining between the Dalhousie board of governors and the Dalhousie Faculty Association (DFA) has led the university to provide the DFA with a new settlement offer. ... [read more]
Court bars landlord using tenant operating expenses to defend against tenants’ action
Thursday, September 11, 2025 @ 5:09 PM
The B.C. Supreme Court has ruled that a landlord breached the terms of a 99-year lease by charging tenants over $530,000 for legal fees it incurred defending against litigation brought by certain tenants. ... [read more]
