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By McCarthy Tétrault LLP | 2 Minutes Read December 21, 2020

Duty of care of financial institutions to its customers

Given that establishing a duty of care is a prerequisite for establishing negligence, the Motion Judge in Foodinvest Limited v The Royal Bank of Canada granted RBC’s summary judgment motion.

Article by McCarthy Tétrault LLP / Business, Finance and Accounting / contracts, Duty of care, finance, financial institutions Leave a Comment

By Marie-Yosie Saint-Cyr, LL.B. Managing Editor | 2 Minutes Read June 15, 2018

June 10 is Happy Tax Freedom Day 2018!

Tax Freedom Day 2017The Fraser Institute recently announced that June 10 is Tax Freedom Day 2018 (although the date varies depending on where you live in Canada). According to the Fraser Institute calculations, from that day onward, employees are finally working for themselves and their families. Moreover, if you had to pay all your taxes up front to different levels of government, you are now in the clear to keep the rest of your earnings until a new year begins.

Article by Marie-Yosie Saint-Cyr, LL.B. Managing Editor / Employee Relations, Payroll / accounting, earnings, finance, income, provincially levied tax burden, Tax Freedom Day 2018, taxes, The Balanced Budget Tax Freedom Day, The Fraser Institute

By McCarthy Tétrault LLP | 9 Minutes Read August 11, 2017

Department of Finance releases consultation paper on new retail payments oversight framework

On July 7, 2017, the Department of Finance issued the consultation paper “A New Retail Payments Oversight Framework” (the “Consultation Paper”) proposing a federal oversight framework for retail payments. Comments on the Consultation Paper are due October 6, 2017.

Article by McCarthy Tétrault LLP / Business, Finance and Accounting, Information Technology, Privacy / finance, FINTRAC, PIPEDA, privacy, privacy legislation, retail payments oversight framework

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