The Ontario Court of Appeal recently released its judgment in 660 Sunningdale GP Inc. v First Source Mortgage Corporation, 2024 ONCA 252 (“Sunningdale v First Source”), on appeal from 2023 … Read More
Following the passing of the Budget Implementation Act, 2023, No. 1 (the “Act”) on June 22, 2023, the criminal interest regime in Canada is poised to shift at a moment’s … Read More
The Government of Canada plans to develop and implement open banking legislation by 2025.
The federal government intends to introduce a legislative framework for open banking, which has been re-branded “consumer-driven … Read More
With a regime that came into force in May 2022, British Columbia became the fourth province to regulate high-cost credit products. Under this regulatory regime, anyone who offers high-cost credit … Read More
Authors: Mark Gill, Katie Bellett
By the end of 2021, the London Inter-Bank Offered Rate (LIBOR) will no longer be the universal benchmark for short-term interest rates.
This article provides an overview of LIBOR … Read More
In Saskatchewan, the court exercises a supervisory role in foreclosure proceedings. This role is to ensure that the correct processes and law are followed, and to ensure a balance between … Read More