Business
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November 05, 2024
Residential mortgage delinquencies remain low, despite potential signs of risk, says CMHC
The delinquency rate on Canadian residential mortgages remains well below the pre-pandemic level despite higher interest rates, according to Canada Mortgage and Housing Corp. (CMHC).
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November 05, 2024
The boundaries of privilege and confidentiality in arbitration and related proceedings
The delicate balance between transparency and confidentiality often conflicts in the context of legal discovery. While privilege is essential for the effective administration of our justice system by protecting sensitive information and fostering open communication between counsel and clients, its application to specific documents can be murky (Lizotte v. Aviva Insurance Company of Canada, 2016 SCC 52). This is particularly true for dispute resolution proceedings and their respective pleadings.
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November 05, 2024
Draft amendments to Canada’s new trust reporting rules proposed
Only one year after implementing new reporting rules for trusts under the Income Tax Act, the federal government is already proposing a number of amendments to the reporting regime.
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November 04, 2024
Non-financial co-op sector sees significant increases after COVID downturn
Non-financial co-operatives in Canada continued to rise in 2022 after seeing declines in 2020 during the pandemic, according to the latest data from Statistics Canada.
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November 04, 2024
Fed. Ct. judges take to YouTube to address bar’s & litigants’ non-disclosure of gen-AI court filings
Knowing that at least some (if not how many) lawyers and self-represented litigants are failing to disclose their use of ChatGPT or other generative artificial intelligence (AI) tools when they create content for documents filed in Federal Court, the national trial court has taken the novel step of posting YouTube videos, titled “Compliance with the Notice on the Use of Artificial Intelligence,” featuring judges who explain how to comply with the mandatory AI-use disclosure obligations the court imposed 10 months ago.
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November 04, 2024
CRTC calls for public comment on proposed local radio news support fund
Canada’s broadcasting regulator is asking for public comment on a proposal to create a temporary fund to support local radio news drawn from online streaming services.
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November 04, 2024
Canada releases draft regulations to further cap pollution from oil and gas sector
The federal government has published draft regulations aimed at capping greenhouse gas (GHG) emissions pollution from the oil and gas sector, incentivizing the industry to invest in “technically achievable” decarbonization for emission reductions by 2030–2032.
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November 04, 2024
GST/HST, CRA and weight loss surgery in Mexico
Media reports suggest more Canadians are seeking medical services outside of Canada, sometimes referred to as “medical tourism.” A common reason people travel for health-care services is weight loss. A popular medical technique for weight loss is bariatric surgery, which includes reducing the size of the stomach. Costs for the surgery at private clinics can exceed $25,000.
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November 04, 2024
‘Blizzard’ of liability: Dairy Queen case clarifies franchise safety, sentencing standards
In a recent case involving Ontario (Ministry of Labour, Immigration, Training and Skills Development) v. 1222149 Ontario Ltd. (c.o.b. Dairy Queen), [2024] O.J. No. 3172, a routine workday turned into a serious workplace incident.
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November 01, 2024
Blanket order published providing temporary exemptions related to derivatives data reporting
The Canadian Securities Administrators (CSA) have published co-ordinated blanket orders for exemptions from reporting certain derivative data, with every member of the CSA implementing the relief through local blanket orders.