Insurance
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April 08, 2025
Joint Forum of Financial Market Regulators discuss responsible use of AI
Canadian financial market regulators from across multiple sectors wrapped up their annual meeting April 8 in Calgary after examining the growing use of artificial intelligence (AI) systems by market participants, among other issues.
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April 07, 2025
B.C. court certifies class action over public guardian’s failure to secure benefits for children in care
The B.C. Supreme Court has certified a class action against the province's Public Guardian and Trustee (PGT), alleging that it was negligent and breached its fiduciary duty to children in care by failing to obtain no-cost federal and provincial education benefits for them.
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April 07, 2025
Proposed class action launched against Ford for vehicle transmission issues
A proposed class action has been filed against Ford Motor Company and Ford Motor Company of Canada Ltd. for operational issues in vehicles’ transmission.
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April 07, 2025
OSFI updates Guideline B-15 on climate risk management to align with new CSSB standards
On Feb. 20, 2025, the Office of the Superintendent of Financial Institutions (OSFI) announced updates to Guideline B-15 on climate risk management, including the postponement of certain climate-related disclosure obligations for federally regulated financial institutions (FRFIs). This insight summarizes and provides context on the key updates to Guideline B-15.
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April 04, 2025
Proposed class action targets Bell, Sunwing, Air Canada, Montreal airport for delays due to outage
A proposed class action has been brought against discount airline Sunwing, the Montréal-Trudeau airport, Air Canada and Bell for a network outage that occurred at the airport on March 25, causing flight delays of nearly 24 hours.
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April 03, 2025
Alberta Court of Appeal rejects trust claims over airport fees held by insolvent airline
The Alberta Court of Appeal has ruled that airport improvement fees collected by a now-insolvent airline are not held in trust for certain airport authorities. The court cited a provision in the agreement between the parties that explicitly disclaimed any intention to create a trust relationship.
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April 03, 2025
Carney announces 25 per cent retaliatory tariff on U.S. autos
Prime Minister Mark Carney has vowed to fight U.S. tariffs on all fronts, including in the courts and with a new 25 per cent tariff on U.S.-made automobiles in direct response to a 25 per cent U.S. tariff on Canadian vehicles that went into effect at midnight on April 3.
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April 03, 2025
Sexual assault and IPV survivors sue Ottawa, argue Jordan fallout violates their s. 7 Charter rights
Fourteen sexual assault and intimate partner violence survivors have sued Ottawa for $15 million in Charter damages and systemic remedies for the federal government’s alleged unjustified breach of their Charter s. 7 right to fundamental justice by not responding effectively to R. v. Jordan, 2016 SCC 27 and its fallout.
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April 03, 2025
New rules, regulations for mortgage brokers in Newfoundland and Labrador
New rules and regulations are now in play for mortgage brokers in Newfoundland and Labrador. “New rules for the mortgage broker industry” came into effect April 1, according to a news release; they come via the Mortgage Brokerages and Brokers Act and Regulations.
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April 03, 2025
WRONGFUL DISMISSAL DAMAGES - Notice period - Punitive damages - Deductions - Disability benefits
Appeal by Saskatchewan Indian Gaming Authority Inc. (SIGA) from finding that it wrongfully dismissed Pasap and that Pasap was entitled to damages for lost disability insurance benefits.