Business
-
November 28, 2024
AI washing: Regulator urges accurate disclosures by issuers
Artificial Intelligence (AI) has rapidly emerged as a transformative force in the investment landscape, with growing interest from investors eager to engage with companies that leverage AI technologies. As issuers increasingly highlight their use of AI to attract capital, issuers are also prone to exaggerating or inflating AI capabilities in continuous disclosure (CD) documents that can undermine transparency, mislead investors and could lead to sanctions by relevant regulatory authorities against the offending issuers.
-
November 27, 2024
Privacy regulators release resolution on information sharing in cases of intimate partner violence
Privacy authorities across Canada have announced a joint resolution calling on governments and organizations to develop privacy-compliant governance frameworks for responsible information-sharing in cases of intimate partner violence (IPV) involving a risk of serious harm to life, health or safety.
-
November 27, 2024
Federal Court of Appeal upholds bilingual requirements for St. John’s, Edmonton airports
The Federal Court of Appeal has upheld rulings that the St. John’s International Airport Authority (SJIAA) breached its language obligations under the Official Languages Act (OLA) by communicating in English only on social media and failing to ensure that its website is fully bilingual.
-
November 27, 2024
Proposed settlement reached by federal non-union workers affected by faulty Phoenix pay system
A proposed out-of-court settlement has been reached with the federal government to compensate casual and non-unionized federal employees who were impacted by the Phoenix pay system’s various payroll issues.
-
November 27, 2024
Law360 Canada Pulse survey: what lawyers really think about their profession
Find out what lawyers really think about their profession in Law360 Canada Pulse’s Lawyer Satisfaction Survey.
-
November 27, 2024
Cassels announces winners of 2024 Black-owned small business grant
Cassels Brock & Blackwell LLP announced the winners of its 2024 Black-Owned Small Business Grant, a Nov. 26 news release from the firm announced.
-
November 27, 2024
B.C. Supreme Court weighs in on owner’s rights under Builders Lien Act
In a 2023 decision, the B.C. Supreme Court found that an owner-developer of a residential development had altered its right to discharge a subcontractor’s claim of lien under B.C.’s Builders Lien Act (the Act) because the owner had agreed to pay outstanding amounts directly to the subcontractor.
-
November 27, 2024
Competition Bureau market studies and the supply chain
The pandemic gave rise to massive disruptions in the supply chain. The cost of goods and services to the consumer has risen dramatically over the last number of years. The question that has arisen is whether those increased costs were solely caused by the pandemic or the result of the anti-competitive behaviour of transport operators.
-
November 26, 2024
Alberta Court of Appeal lifts stay on fraud claims against three discharged bankrupts
The Alberta Court of Appeal has lifted a stay of proceedings in relation to fraudulent misrepresentation claims against three discharged bankrupts, finding that the claims may go forward under exceptions in the Bankruptcy and Insolvency Act (BIA).
-
November 26, 2024
Anti-money laundering fines reached record level in past year, says FINTRAC annual report
Fines issued against Canadian financial institutions, businesses and individuals for violating anti-money laundering laws and regulations reached a record $26.1 million during the 2023-24 fiscal year, according to Canada’s anti-money laundering watchdog.