LSO advises real estate lawyers of new AML rules for title insurers
New anti-money laundering (AML) reporting requirements for title insurers mean that real estate lawyers need to ensure that their clients understand that financial and other information will have to be disclosed to federal authorities, said Pallett Valo LLP lawyer Ray Mikkola.
Friday, September 12, 2025 @ 2:18 PM
Ontario’s legal regulator is asking real estate lawyers to be aware of new anti-money laundering requirements for title insurers starting at the beginning of next month. As of Oct. 1, title insurers across Canada will become reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and regulated by the Financial Transactions and Reports Analysis Centre of Canada, also known as FINTRAC. Title insurance is a policy protecting property owners and lenders from financial loss due to title defects that weren’t discovered during a standard title search, such as fraudulent transfers and unpaid liens. ... [read more]
Ottawa could waive biometrics visa requirement for Palestinian trapped in Gaza ‘crisis’: judge
Monday, September 15, 2025 @ 5:22 PM
A Federal Court judge has highlighted that Ottawa can remove a potentially fatal roadblock for Palestinians facing starvation and intensified bombardment in the Gaza Strip, who have applied to come to Canada under the now-closed federal Temporary public policy to facilitate temporary resident visas for certain extended family affected by the crisis in Gaza. ... [read more]
B.C. payday lender agrees to refund $547K to customers after regulator investigation
Monday, September 15, 2025 @ 4:35 PM
A British Columbia payday lender has agreed to refund $547,000 to over 2,800 customers after Consumer Protection B.C. found it had violated consumer protection laws, according to a release issued on Sept. 15. ... [read more]
Federal Court of Appeal upholds order to cull nearly 400 ostriches over avian flu scare
Monday, September 15, 2025 @ 4:13 PM
The Federal Court of Appeal has declined to stay an order requiring the destruction of nearly 400 ostriches at a B.C. farm after two birds at the farm tested positive for H5-subtype highly pathogenic avian influenza (HPAI). ... [read more]
PM dedicates $13B to new federal agency that will build affordable housing
Monday, September 15, 2025 @ 3:40 PM
Prime Minister Mark Carney has launched a new federal agency called Build Canada Homes, which will “build affordable housing at scale.” Acknowledging the housing crisis impacting people across the country, the federal government has put forth this “unprecedented” investment to increase the housing supply in Canada. ... [read more]
