Business
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April 04, 2025
B.C. Court of Appeal rejects SEC appeal over Mareva injunction variation
The B.C. Court of Appeal has denied the U.S. Securities and Exchange Commission (SEC) permission to challenge a ruling that varied a Mareva injunction, allowing an individual ordered to pay over $11 million in a stock manipulation case to use frozen funds for legal and personal expenses.
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April 04, 2025
Nuclear safety commission authorizes construction of new power reactor in Darlington
The Canadian Nuclear Safety Commission (CNSC) has issued a power reactor construction licence to Ontario Power Generation Inc. (OPG) to construct one General Electric Hitachi BWRX-300 reactor at its Darlington New Nuclear Project (DNNP) site in Clarington, Ont.
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April 04, 2025
Proposed class action targets Bell, Sunwing, Air Canada, Montreal airport for delays due to outage
A proposed class action has been brought against discount airline Sunwing, the Montréal-Trudeau airport, Air Canada and Bell for a network outage that occurred at the airport on March 25, causing flight delays of nearly 24 hours.
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April 04, 2025
Ontario court injunction bars solicitation of claimants in $32.5 billion tobacco class action
In a rare move, the Chief Justice of the Ontario Superior Court has granted an injunction preventing lawyers, law firms or other entities from soliciting potential claimants in the mediated $32.5 billion class action settlement involving three tobacco companies, Canadian provinces and territories, and victims of tobacco use.
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April 04, 2025
New report finds businesses not succession ready as many owners retire
Canada is facing a wave of small business closures amid “economic uncertainty and tariff wars,” partly driven by the number of retiring baby boomer entrepreneurs, according to a new report by consulting firm MNP, which found that nearly two-thirds (64.1 per cent) of Canadian businesses have no succession plan.
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April 04, 2025
New partner joins McCarthy Tétrault
This week, McCarthy Tétrault LLP welcomed new partner Vasuda Sinha to its national litigation and dispute resolution group.
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April 04, 2025
Leveraging Canada’s immigration policy to attract American talent
The United States has long been a global leader in attracting top talent, particularly in fields such as health care, technology and entrepreneurship. Canada’s decades-long struggle with brain drain, characterized by losing its top talent to the United States, has posed challenges to the country’s growth and innovation. Canada only ranks sixth among the seven G7 nations in labour productivity. With the recent paradigm shift in its relationship with the United States, Canada’s weak productivity and heavy reliance on trade with the United States makes it vulnerable to resist the multifaceted aggressions from our southern neighbour.
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April 03, 2025
Alberta Court of Appeal rejects trust claims over airport fees held by insolvent airline
The Alberta Court of Appeal has ruled that airport improvement fees collected by a now-insolvent airline are not held in trust for certain airport authorities. The court cited a provision in the agreement between the parties that explicitly disclaimed any intention to create a trust relationship.
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April 03, 2025
Carney announces 25 per cent retaliatory tariff on U.S. autos
Prime Minister Mark Carney has vowed to fight U.S. tariffs on all fronts, including in the courts and with a new 25 per cent tariff on U.S.-made automobiles in direct response to a 25 per cent U.S. tariff on Canadian vehicles that went into effect at midnight on April 3.
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April 03, 2025
Federal Court allows discrimination claim against Canada Revenue Agency to proceed
The Federal Court has allowed parts of an amended statement of claim to be heard on the merits in a case that alleged discrimination by the Canada Revenue Agency in its hiring process. The claim was previously struck in its entirety.