Business
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May 10, 2024
Supreme Court of Canada clarifies how to assess compensation for constructive expropriation
The Supreme Court of Canada has explained how to assess compensation payable for constructive expropriation of private land by public authorities in a unanimous decision that reverses a ruling below that pegged what the City of St. John’s owes to a property owner to the land’s prospective market value if it were permitted to be developed for residential use, rather than to its much lower market value as land which is currently zoned “watershed,” with only limited discretionary agriculture, forestry and public utility uses.
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May 10, 2024
British Columbia prohibits new jade-mining tenures in northwestern B.C.
British Columbia has issued an immediate Environment and Land Use Act order prohibiting jade mining on new tenures in northwestern B.C. and giving current tenure holders five years to continue jade mining with enhanced reclamation requirements.
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May 10, 2024
FINTRAC imposes $6M administrative monetary penalty on Binance
A $6 million administrative monetary penalty has been imposed on cryptocurrency company Binance Holdings Limited for non-compliance with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and its associated regulations.
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May 10, 2024
B.C. court strikes misfeasance, constructive taking claims in relation to mink farming ban
The B.C. Supreme Court has struck claims brought against British Columbia and several provincial government officials over an order that began the process of shutting down mink farms in British Columbia.
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May 10, 2024
Canada announces additional sanctions against Hamas and supporters
Ottawa has announced additional sanctions in connection with the Oct. 7 Hamas attack on Israel, targeting four men the government alleges supported the invasion by providing military training and resources.
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May 10, 2024
Court of Appeal decision focuses on deterrence, protection of society and sentence
One would expect that when Crown counsel Dena Bonnet began arguing a sentence appeal on March 12, 2024, she had to be confident the matter was a sure winner. She has served as Crown counsel at the Crown Law office since 2008 and regularly appears before the Ontario Court of Appeal. She could realistically argue that the sentence handed down at trial was demonstrably unfit.
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May 10, 2024
Authorized Quebec consumer class actions being dismissed on the merits
Despite Quebec’s low threshold for the authorization of a class action, this does not appear to be any indication of the success of the case on the merits. Until recently, defendants facing an authorized class action often considered settlement negotiations with the plaintiff rather than going to trial. However, a series of recent decisions indicate that defendants may be wise to challenge plaintiff’s claims on the merits.
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May 10, 2024
Court dismisses motion, cites ‘culture of complacency’ and delays in civil justice system
An Ontario Superior Court judge has dismissed leave to bring a motion in a long-running business dispute, lashing out at constant delays and a culture of complacency in Ontario's civil justice system.
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May 10, 2024
New associate joins Lerners in London
Efua K. Gyan joined Lerners LLP as an associate in the firm’s health law and labour and employment groups.
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May 10, 2024
Business groups call on Ottawa to cancel proposed increase in capital gains inclusion rate
A collection of Canada’s largest industry associations is calling on the federal government to scrap its plan to increase the capital gains tax inclusion rate, arguing it will make Canada less competitive internationally.