Banking, Bankruptcy & Insolvency
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February 04, 2026
Court upholds decision finding race, disability did not play a role in TD Bank employee’s demotion
The Federal Court has upheld a tribunal decision that a Black employee formerly working at TD Bank was not deprived of his Charter rights due to a demotion through restructuring, despite his arguments on race and disability being a factor.
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February 02, 2026
BMO pays $4M penalty for Bank Act violations impacting over 100K clients
The Financial Consumer Agency of Canada (FCAC) has announced its placement of a $4-million administrative monetary penalty on the Bank of Montreal (BMO) for violating consumer provisions in the Bank Act.
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January 30, 2026
SCC gives guidance on interpreting insurance contracts, interplay of endorsements & exclusions
Elaborating on how to interpret insurance contracts, the Supreme Court of Canada dismissed 7-2 the appeal of two homeowners who sought to compel their insurer to fully pay for rebuilding their flood-destroyed house, despite an exclusion for “compliance costs” and the ancillary exception that caps the compliance costs payout at $10,000 “for the increased cost of demolition, construction, or repair to comply with any law regulating the zoning, demolition, repair or construction of any insured buildings.”
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January 26, 2026
Stikeman Elliott adds 5 partners
Stikeman Elliott has welcomed five lawyers to its partnership, according to the firm.
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January 23, 2026
James-Scott Lee rejoins Fasken as partner
James-Scott Lee has returned to Fasken as a partner in the firm’s banking and finance group.
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January 23, 2026
Langlois expands litigation team with 5 new lawyers
Langlois Lawyers LLP has added five lawyers to its litigation group following their articling terms and calls to the Quebec bar, the firm has announced.
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January 21, 2026
FCA rejects Ottawa’s ‘expansive’ view of cabinet authority to wield ‘draconian’ emergency powers
In a case that might land on the steps the Supreme Court of Canada, the Federal Court of Appeal has ruled unanimously that the federal cabinet wrongly invoked the Emergencies Act to declare a national “public order” emergency in 2022.
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January 16, 2026
SCC’s packed winter session features momentous appeal on Charter s. 33 override provision
The Supreme Court of Canada began hearings in its very busy winter session this week, which features a potentially watershed constitutional appeal and the surprise announcement that Justice Sheilah Martin, the court’s senior western judge, will retire next spring.
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January 14, 2026
Eric Stachecki joins Dentons as partner in Montreal
Dentons has welcomed Eric Stachecki as a partner in its restructuring, insolvency and bankruptcy group in Montreal.
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January 13, 2026
Supreme Court of Canada Justice Sheilah Martin to retire in May after eight years at top court
Supreme Court of Canada Justice Sheilah Martin, a former University of Calgary law dean and one of the apex court’s criminal and constitutional law experts, will retire May 30, 2026, after working at the high court for more than eight years.