SCC agrees to hear appeal in another contractual good faith case
In a decision released on July 18, 2019, Canada’s top court granted leave to appeal in yet another case involving the controversial and sometimes nebulous concept of good faith in the performance of a contract. Just last month, the Supreme Court of Canada granted leave to appeal from the Ontario Court of Appeal’s decision on contractual good faith in CM Callow v. Zollinger (See our article here). And, this month, the SCC agreed to hear an appeal from the British Columbia Court of Appeal’s decision in Greater Vancouver Sewerage and Drainage District v. Wastech Services Ltd. regarding whether there is ... [more]
Canada’s top court to hear contract good faith case
Potential Plaintiffs Cannot Force IIROC to Give Up Information about Potential Defendants
In Harrington Global Opportunities Fund S.A.R.I. and Harrington Global Inc. (“Harrington”) v. Investment Industry Regulatory Organization of Canada (“IIROC”), Justice Perell largely foreclosed the possibility of wronged investors obtaining a Norwich Order in order to get information and documentation from IIROC prior to initiating an action. [more]
Big Changes Coming for “Financial Planners” and “Financial Advisors”
In its new budget, the Ontario government has created a framework that will hopefully give consumers more guidance about the credentials of financial professionals. [more]
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