Business
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July 25, 2025
Court allows leave to appeal in demolition case for reasonable apprehension of bias
The British Columbia Court of Appeal has allowed leave to appeal in a case where the District of West Vancouver made an order to demolish a house, finding that the lower court judge once acted as counsel for the district in the same matter.
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July 25, 2025
Four new associates at Davies
Davies has welcomed four associates who joined its corporate, litigation and competition groups: Emmanuelle Lanctôt, Ahmed Mudathir, William Rooney and Evan Stein.
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July 25, 2025
Protecting the interests of minority shareholders in unanimous shareholders’ agreements
Minority shareholders, by virtue of their minority status, may not have the power or leverage to heavily negotiate the terms of a unanimous shareholders’ agreement (USA). To that end, USAs can impose harsh realities on minority shareholders.
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July 25, 2025
Acting for both buyer and seller: Court finds no conflict of interest by mortgage agent
In Ontario, the Mortgage Brokerages: Standards of Practice (Ontario Regulation 188/08) requires that mortgage brokerages and agents disclose in writing to a prospective borrower or lender whether they are acting for the lender, the borrower, or both. While there is no prohibition against acting for a lender and borrower in a transaction, steps should be taken to ensure the paperwork accurately describes the involvement of the broker or agent.
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July 25, 2025
CREDITORS AND CLAIMS - Preferred creditors
Appeal by appellant from the decision regarding the payments made by Specialty Chemical Industries Inc. to the respondent, which were claimed to be preferential payments under the Bankruptcy and Insolvency Act.
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July 24, 2025
Securities regulator takes steps to ease access to Bank of Canada fund for some investment funds
In a bid to promote market stability, the Canadian Securities Administrators (CSA) has announced coordinated blanket orders to help make the Bank of Canada’s Contingent Term Repo Facility (CTRF) fund more accessible to eligible investment funds.
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July 24, 2025
DLA Piper welcomes associate Kyle Trolley
Kyle Trolley has joined DLA Piper (Canada) LLP as an associate in the corporate group at the Calgary office.
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July 24, 2025
Ontario court: Limitations period bars trust claim against non-contributing half-owner of property
The Ontario Superior Court has dismissed as statute-barred a claim by a Toronto property co-owner that his former partner’s half-share was held in trust for him as she made no financial contribution to the purchase.
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July 24, 2025
Federal Court rules against Ottawa in Cold Lake military base tax dispute
The Federal Court of Appeal has ruled in favour of the City of Cold Lake, Alta., in a significant dispute over payments in lieu of taxes for a military base, finding that a federal minister failed to properly justify her decision on property valuations worth tens of millions of dollars.
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July 24, 2025
CSA report finds three concerns relating to CIRO’s regulatory processes
The Canadian Securities Administrators (CSA) has released a new report titled “Oversight Review Report of the Canadian Investment Regulatory Organization” (CIRO), evaluating whether CIRO has complied with terms and conditions of its recognition orders.