Alberta Court of Appeal overturns $210M damages award against CPKC in land dispute, orders new trial
Thursday, July 03, 2025 @ 5:42 PM
The Alberta Court of Appeal has overturned a damages award of more than $210 million against Canadian Pacific Kansas City Limited (CPKC) in a dispute over a failed downtown Calgary land sale, and ordered a new trial. ... [read more]
Court: B.C.’s new arbitration ban doesn’t apply in Rogers customer dispute over $1M hacking loss
Thursday, July 03, 2025 @ 5:28 PM
In one of the first tests of British Columbia's amended consumer protection law, the B.C. Supreme Court has allowed a bid by telecom giant Rogers to block court action in favor of arbitration in a case where a customer’s phone was hacked, allegedly resulting in her losing an estimated $1 million in Bitcoin. The court found that the amended legislation, which prohibits mandatory arbitration clauses and class action waivers in consumer contracts, did not apply retroactively despite a transitional provision. ... [read more]
N.B. to consult public on changes to property tax system
Thursday, July 03, 2025 @ 4:49 PM
New Brunswick’s government wants input from its residents on a future overhaul of the province’s property tax system — a revamp that will focus on transparency and stability in the face of “substantial increases” in property values. ... [read more]
FINTRAC imposes $544,000 penalty on Canaccord Genuity for AML compliance failures
Thursday, July 03, 2025 @ 2:38 PM
Vancouver-based Canaccord Genuity Corp., Canada’s largest independent investment dealer, has been fined $544,000 for failing to comply with the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated regulations. ... [read more]