Banking, Bankruptcy & Insolvency
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April 17, 2025
SCC adopts ‘single-date’ approach to when bankrupt may be off the hook for gov’t student loan debt
The Supreme Court of Canada has settled 6-3 conflicting case law over when a bankrupt may be released from government student loan debt, pursuant to ss. 178(1)(g)(ii) and 178(2) of the federal Bankruptcy and Insolvency Act (BIA).
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April 17, 2025
Securities regulators cut red tape for companies looking to raise capital
Amid ongoing global financial market uncertainty, Canadian securities regulators have announced a series of measures aimed at making it easier and more cost-effective for companies to go public and raise capital in Canada.
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April 17, 2025
Discharge of bankrupt - Debts not released by discharge - Student loans
Appeal by Piekut from judgment of the British Columbia Court of Appeal, which affirmed a decision denying Piekut’s release from government student loans debts.
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April 16, 2025
Canadian authorities disrupt crypto scam, announce enforcement action against phishing platform
A coordinated operation involving securities regulators and police services has identified and informed 89 victims of cryptocurrency fraud whose wallets were compromised using a tactic called “approval phishing.”
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April 15, 2025
Feds announce new measures to support businesses affected by U.S. tariffs
The federal government has announced new measures for businesses and other entities impacted by the Canada-U.S. tariff dispute, including remission of some countermeasure tariffs that Canada announced in response to the U.S.-imposed tariffs on Canadian products.
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April 15, 2025
New CBA course aims to aid legal professionals in serving trans clients
During one of the most hostile periods in recent history for trans rights, the Canadian Bar Association has launched an online course to help legal professionals better serve trans people.
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April 11, 2025
Housing boom could exacerbate tax fraud in construction industry, warns union
One of Canada’s largest construction unions is warning that a major push by governments to build more homes to address the housing affordability crisis could also raise the risk of increased tax fraud in the construction industry.
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April 11, 2025
Daniel Lupinacci joins Wildeboer Dellelce
Wildeboer Dellelce has welcomed Daniel Lupinacci to its debt products practice group.
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April 11, 2025
Nova Scotia, legal group providing power of attorney app
Nova Scotia has partnered with a legal resource provider to develop a free app aimed at making it easier to name a power of attorney.
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April 10, 2025
Constitutional clash brewing as Ottawa targets immigration bar with up to $1.5 million in admin penalties
Bar organizations are warning Ottawa that a new administrative monetary penalty regime to be applied to legal professionals — featuring penalties of up to $1.5 million for immigration and refugee lawyers determined by federal officials to have participated in clients’ misrepresentations — will be constitutionally challenged if lawyers are not exempted from the proposed regulations, which are expected to come into force later this year.