Investors can sue companies if they do not immediately disclose material changes in operations: SCC
As part of an 8-1 decision giving the go-ahead to a shareholder to sue a mining company for failure to disclose information under the Ontario Securities Act, Justice Mahmud Jamal has ruled ‘care must therefore be taken in using dictionaries to give definitive meaning to terms that a legislature has intentionally left undefined.’
As part of an 8-1 decision giving the go-ahead to a shareholder to sue a mining company for failure to disclose information under the Ontario Securities Act, Justice Mahmud Jamal has ruled ‘care must therefore be taken in using dictionaries to give definitive meaning to terms that a legislature has intentionally left undefined.’

Friday, November 28, 2025 @ 3:55 PM

The Supreme Court has given the green light to a lawsuit against a mining company by one of its shareholders for failure to disclose information under Ontario’s Securities Act, saying companies have an obligation to make timely disclosure of material changes in their operations. ... [read more]

Carney hands new jobs to three lawyer-MPs in federal cabinet mini-shuffle

Monday, December 01, 2025 @ 5:14 PM

Following last week’s resignation of Montreal MP Steven Guilbeault from the federal Liberal cabinet, Prime Minister Mark Carney added one new minister to his cabinet and expanded the roles of two others in order to redistribute Guilbeault’s former cabinet responsibilities. ... [read more]

Court approves $59M settlement for staffing-related lockdown class actions

Monday, December 01, 2025 @ 4:53 PM

The Ontario Superior Court has approved a $59-million settlement in two class actions brought on behalf of inmates and immigration detainees who experienced staffing-related lockdowns in Ontario correctional institutions. ... [read more]

Ontario law society approves 2026 budget, amends reporting bylaw

Monday, December 01, 2025 @ 4:11 PM

Benchers of the Law Society of Ontario (LSO) have set the financial table for the upcoming year, approving the 2026 budget that includes a modest annual fee increase for lawyers and paralegals. Lawyers will pay a fee of $2,080, an increase of approximately two per cent over the 2025 fee level of $2,039. Paralegals will pay $1,037 — with the net fee payable being $1,007 after applying a $30 refund from the paralegal compensation fund. In 2025, paralegals paid $1,023. ... [read more]

Federal Court overturns order requiring Air Canada to pay $2,330 for delayed bag

Monday, December 01, 2025 @ 3:24 PM

The Federal Court has overturned an order requiring Air Canada to pay $2,330 for a delayed bag, finding the decision unreasonable for linking to the delay $1,310 in purchases made after the luggage was delivered. ... [read more]