Business
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November 21, 2024
Federal government announces 2-month GST ‘holiday’ and new rebate for workers
The federal government has announced new measures to give Canadians “more money in their pocket” through new GST/HST exemptions applicable across the country and a new rebate for working Canadians.
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November 21, 2024
OSFI quarterly release confirms change to mortgage stress test, offers risk-management updates
Canada’s federal banking regulator has issued a series of regulatory notes and guidelines on risk management, mortgage standards and reduced regulations as part of its quarterly release pilot.
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November 21, 2024
Ontario announces $2B WSIB rebate for businesses
The Ontario government has announced Workplace Safety and Insurance Board (WSIB) rebates and fee reductions for businesses and workers that it says could total more than $2.5 billion starting in February of next year.
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November 21, 2024
Legislation needed to provide fiduciaries access to digital assets: Law reform report
According to Statistics Canada, more Canadians than ever before are adopting “a smarter and more connected lifestyle,” with Internet use amongst Canadians over the age of 14 in 2022 reaching 95 per cent.
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November 21, 2024
Addressing AI bias and discrimination: A critical path to responsible AI
As artificial intelligence (AI) technologies become increasingly integrated into various aspects of our lives, the imperative to address AI bias and discrimination has never been more critical. These issues pose significant risks to privacy, human rights and the equitable application of technology across society. This article explores the risks associated with AI bias and discrimination, outlines best practices for mitigating these biases and examines regulatory expectations in line with the Office of the Privacy Commissioner of Canada’s (OPC) principles and existing legislation.
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November 21, 2024
Context matters: Ontario court again refuses to dismiss for delay under s. 29.1
The Ontario Superior Court of Justice in McRae-Yu v. Profitly Incorporated et. al., 2024 ONSC 5615 (McRae-Yu), continued the recent trend of refusing to dismiss a proposed class action for delay under section. 29.1 of the Class Proceedings Act, 1992. The motions judge in McRae-Yu underscored that s. 29.1 is not a “zero-tolerance” regime designed to “catch plaintiffs out.”
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November 20, 2024
OSC announces shift of some registration functions to CIRO, strategic priorities for 2025-26
The Ontario Securities Commission (OSC) has announced plans to shift some registration functions to the Canadian Investment Regulatory Organization (CIRO), and other provincial and territorial securities regulators may follow.
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November 20, 2024
Leon’s and The Brick ordered to provide information in marketing practices investigation
The Competition Bureau has obtained a court order requiring Leon’s Furniture Ltd. and its subsidiary, The Brick Warehouse LP, to provide information to the bureau in relation to an investigation into their alleged use of misleading marketing practices.
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November 20, 2024
Court allows appeal of insurance housing benefits for victim of 'catastrophic' car accident
The Ontario Superior Court of Justice has overturned a tribunal decision that denied the victim of a serious accident a special award for housing, even though the respondent insurance company had agreed to pay the amount.
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November 20, 2024
3 associates join Thornton Grout Finnigan
Recent news releases from Thornton Grout Finnigan LLP announced the addition of Andrew Nesbitt, Shurabi Srikaruna and Daniel Alievsky as associates in the firm’s restructuring and litigation practice groups.