Business
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July 12, 2024
Canada-Ukraine Free Trade Agreement immigration provisions in effect as of July 1
Although Canada and Ukraine have had a free trade agreement in place since August 2017, this agreement was limited. It did not include sections on areas such as investment, trade in services, inclusive trade or temporary entry of businesspersons, among other areas addressed by many of Canada’s other free trade agreements. As a result, Canada and Ukraine announced the commencement of negotiations for the modernization of the agreement in January 2022. The final product of these negotiations is the modernized Canada-Ukraine Free Trade Agreement (CUFTA), which came into force on July 1, 2024.
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July 11, 2024
Ontario cy-près class action settlement approved over municipal development that increased flood risk
The Ontario Superior Court of Justice has approved a cy-près class action settlement involving residents in the Ontario communities of Oakville and Milton who faced an increased risk of flooding and reduced property values due to municipal development that expanded a flood plain.
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July 11, 2024
Proposed OSC rule details new process for returning money to securities fraud victims
Canada’s largest provincial securities regulator is floating a proposed new process for returning money to investors affected by securities fraud, but one lawyer questions how effective it will be in aiding fraud victims.
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July 11, 2024
B.C. court upholds ban on condo insurance business between brokers and related property managers
The B.C. Supreme Court has upheld a new rule prohibiting licensed insurance brokers from engaging in insurance business with strata corporations managed by property management companies with which the brokers share common ownership.
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July 11, 2024
Quebec court approves $1.8M settlement agreement in Nissan data breach class actions
The Superior Court of Quebec has approved a national class action settlement against Nissan Canada Inc. over a data breach in which customer data was allegedly stolen and put up for ransom.
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July 11, 2024
What about those new recycling bins? | Daniel Dylan
Recently, or perhaps again, the Doug Ford government in Ontario has come under fire from environmental advocates for what essentially amounts to rapid and expansive deregulation of established environmental protections in the province. The Ford Government continues to make assertions that it is “cutting red tape” (see Bill 185, Cutting Red Tape to Build More Homes Act, 2024) in the province so that it (one assumes the government) can “get it done” (see Bill 162, Get It Done Act, 2024). The “it” in this case being “building more homes faster” (see Bill 23, More Homes Built Faster Act, 2022), “building transit faster” (see Bill 171, Building Transit Faster Act, 2020), and building provincial infrastructure throughout Ontario, among other things.
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July 11, 2024
Investing in the U.S.: What you need for a visa
There are people all over the world who are interested in investing in the United States. Fortunately, there is a visa classification, the E-2 Treaty Investor, that covers many of them.
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July 10, 2024
Review launched into CRA’s ‘last minute’ change of 2023 bare trust filing requirements
The taxpayers’ ombudsperson, François Boileau, has launched a systemic examination into whether the Canada Revenue Agency (CRA) “respected taxpayers’ rights in its administration of bare trust filing requirements for the 2023 tax year.”
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July 10, 2024
RCMP charges federal consultant with $250K in overbilling to federal agencies
In an unusual move, the federal government has praised the RCMP for investigating an individual consultant who was subsequently charged for “fraudulently overbilling the Government of Canada” as part of an overall RCMP probe into an estimated $5 million in contractor overbilling.
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July 10, 2024
Court certifies class action against federal practice of holding immigration detainees in prisons
The Ontario Superior Court has certified a class action against the federal government over the use of provincial prisons to hold immigration detainees between 2016 and 2023.