Banking, Bankruptcy & Insolvency
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October 08, 2024
Insured mortgage refinancing for secondary suite construction to be available starting 2025
The federal government has announced that homeowners looking to add secondary suites will be able to refinance insured mortgages, according to an Oct. 8 release. The government has also increased the mortgage insurance home price limit for those refinancing to build a secondary suite to $2 million.
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October 08, 2024
Ontario Securities Commission releases report detailing its approach to sustainable finance
As climate events increasingly impact economies and equity markets, the Ontario Securities Commission (OSC) has published a report detailing its approach to sustainable finance.
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October 07, 2024
3 new associates join Dickinson Wright in Toronto
Dickinson Wright LLP recently announced the addition of Sabrina Fracassi, Talya Bertler and Zachary Cooper as associates in the firm’s Toronto offices.
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October 02, 2024
2 Paliare Roland articling students return as associates
Paliare Roland Rosenberg Rothstein LLP recently announced that two of its articling students — Adam Iggers and Dillon Gohil — have returned to the firm as associates.
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October 01, 2024
RBC Dominion Securities to pay $1M fine for off-market securities trading
A settlement has been reached with the Canadian Investment Regulatory Agency (CIRO) in which RBC Dominion Securities Inc. (RBC DS) is to pay a $1 million fine for off-market trading.
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October 01, 2024
Ottawa will provide new work permits to temporary workers under Yukon nominee program
After reaching similar deals with the governments of Alberta and Manitoba, Ottawa has announced it will provide new work permits for up to 215 temporary workers identified and supported by the Government of Yukon in order to enable such foreign nationals deemed “crucial to the economic development in the territory” to keep working as these skilled workers process their permanent residence applications under the Yukon nominee program.
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September 30, 2024
Securities regulators extend compliance deadline for crypto trading platforms offering stablecoin
For a second time, Canadian securities regulators have granted crypto trading platforms (CTPs) another extension to meet the terms and conditions of their registration or to propose and implement investor protection measures related to so-called value-referenced crypto assets (VRCAs) or stablecoin.
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September 30, 2024
Court orders return of $500,000 property deposit to creditors of ‘Crypto King’
Ontario’s top court has ordered the return of a $500,000 property deposit paid by self-proclaimed “Crypto King” Aiden Pleterski, who has been charged with fraud and is facing bankruptcy proceedings.
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September 27, 2024
Competition Commissioner: Expect more, faster enforcement and stronger remedies
Bolstered by recent amendments to the Competition Act, the Competition Bureau will increase its enforcement activities, taking faster, more people-focused action and seeking stronger remedies, Competition Commissioner Matthew Boswell said on Sept. 26.
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September 27, 2024
Federal Court offers bar, litigants expedited ‘no-hearing’ judicial review for study permit refusals
In an effort to speed up the judicial review of hundreds of study permit refusals as the Federal Court also contends with thousands of other immigration cases, the national trial court is offering parties who opt into a new pilot project a “simplified” no-hearing, in-writing-only procedure where judges will simultaneously decide a JR leave application and the JR’s merits, and do so within five months rather than the 14 to 18 months usually required for a final decision under the general procedure.