Insurance
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July 07, 2025
7 reasons Bill 47 was likely Alberta’s worst legislation passed between September 2024 and June 2025
Each year from September to June, this writer reviews legislation passed in Alberta. Bill 47, now known as the Automobile Insurance Act, SA 2025, c A-47, has now passed in the Alberta legislature. It introduces the first ever in Canada private, no-fault regime and promises enhanced benefits at lower insurance rates by eliminating a large portion of the civil justice system and some of the civil rights of the disabled.
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July 04, 2025
B.C. Court of Appeal rules trial judge erred in double car accident case involving lawyer
The B.C. Court of Appeal has ordered a new trial for a Surrey, B.C., woman who was injured in two car accidents, finding that the lower court judge erred in law by failing to properly analyze an alternate theory for her injury and her future loss of earnings.
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July 04, 2025
Auto insurance body calls on Alberta to act on rising theft claims
The voice for Canada’s insurers is calling for action after finding dramatic increases in the number of auto theft claims in Alberta. In a July 3 news release, the Insurance Bureau of Canada (IBC) raised red flags over a steady spike in thefts, which it stated “continued to climb last year and is up dramatically over the past three years” in the province.
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July 04, 2025
BINDING ARBITRATION - Arbitrators and arbitration boards - Powers and duties - Awards and remedial relief
Appeal by Unifund Assurance from determination of Superior Court of Justice that Echelon General Insurance Company was entitled to be reimbursed by Unifund for expenses in statutory accident benefits (SABs) claim.
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July 03, 2025
CSA brings guidance on regulatory concerns regarding certain asset or business acquisitions
The Canadian Securities Administrators (CSA) has published guidance on regulatory concerns with certain asset or business acquisitions. It refers to those primarily taking place in venture markets and relates to concerns regarding misleading disclosure that may constitute market manipulation.
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July 03, 2025
B.C. announces amendment to expand use of on-demand surety bonds for home construction
The government of British Columbia says plans to amend its Development Cost Charge and Amenity Cost Charge (Instalments) Regulation to expand the use of on-demand surety bonds provincewide will help speed up home construction and reduce upfront costs for builders.
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July 03, 2025
FINTRAC imposes $544,000 penalty on Canaccord Genuity for AML compliance failures
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.
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July 03, 2025
Amendments to Ontario’s Rules of Civil Procedure and impacts on settlement
New amendments to Ontario’s Rules of Civil Procedure have brought new obligations for settling parties.
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July 02, 2025
New N.S. real estate rule has sellers disclose erosion, flooding issues with coastal properties
Nova Scotia has new real estate rules enabling potential buyers of coastal homes to find out from sellers if a property has been impacted by erosion or flooding.
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June 30, 2025
Saskatchewan regulator’s 2024 report highlights mental health, AI, competency
Saskatchewan’s legal regulator was active last year in continuing its goals of increasing competency, minding members’ mental health and guiding lawyers in the use of artificial intelligence. The Law Society of Saskatchewan (LSS) laid out progress in these areas and others as part of its recently released annual report for 2024.