Tamara Kljakic Tamara Kljakic

First look: Ontario court clarifies Securities Act anti-reprisal protections

If protected activity is a motivating factor in a termination, employers may face liability even where there are also other motives.

Understanding the CSA’s OBSI reform proposal

The Canadian Securities Administrators released a new proposed framework for an independent dispute resolution service with binding authority.

Lack of commonality defeats investor class action alleging breach of fiduciary duty

An Ontario decision highlights the individual inquiries that often exist in proposed class actions involving investors and investment decisions.

Proposed amendments would allow email summons from the Ontario Securities Commission

Following a recommendation from the province’s Capital Markets Modernization Taskforce, Ontario is proposing to ease the requirements for the...

Court of Appeal addresses class action pleading standard for a breach of fiduciary duty claim

A recent Court of Appeal for Ontario finding demonstrates why the pleadings requirement of a class certification test can be a difficult standard to...

OSC publishes report on AI in the capital markets

Like elsewhere in the economy, alternative intelligence technologies offer both potential benefits and significant risks to capital markets...

Canada’s enforcement of foreign bribery is ‘exceedingly low’, find its OECD peers in Phase 4 monitoring report

The OECD’s Stage 4 monitoring report published last week regarding Canada’s anti-corruption enforcement finds that Canada has not done...

Supreme Court of Canada provides further guidance on anti-SLAPP laws

The Supreme Court of Canada has released its latest decision interpreting anti-SLAPP legislation (Strategic Lawsuits Against Public Participation....

B.C. Supreme Court rules that firms cannot be liable for internal investigations into misconduct

An effective compliance program is one of the best risk management tools that businesses have at their disposal — but conducting an internal...

Québec Court of Appeal clarifies elements of fraud offence for corrupt conduct

The Québec Court of Appeal dismissed an appeal seeking to overturn a 2019 conviction for fraud, corruption of foreign officials and laundering...