Competition Bureau to Study Fintech Market

By | snIP/ITs | May 20, 2016

The Competition Bureau announced on May 19, 2016 that it will launch a market study focused on how innovation in the fintech sector is impacting consumers and businesses, with the results intended to be published in the spring of 2017, seeking to determine whether there is a need for “regulatory reform to promote greater competition while maintaining consumer confidence in the sector.”

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Federal Reforms Introduced to Prohibit Discrimination On Basis of Gender Identity or Gender Expression

On May 17, 2016, the federal government introduced Bill C-16, An Act to amend the Canadian Human Rights Act and the Criminal Code, proposed legislation adding gender identity and gender expression to the list of prohibited grounds of discrimination in the Canadian Human Rights Act (CHRA).

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Court Clarifies Underwriters’ Exposure to Securities Act Claims

Court Clarifies Underwriters’ Exposure to Securities Act Claims

In his April 27, 2016 judgment in LBP Holdings v Allied Nevada Gold Corp., Justice Belobaba of the Ontario Superior Court of Justice refused to add the defendant issuing company’s underwriters as defendants to primary and secondary market misrepresentation claims under the Ontario Securities Act (“OSA”) in a putative class proceeding.

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