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Banking

Loblaw Financial Holdings Inc. v Her Majesty the Queen: Banking on Barbados

The Supreme Court of Canada (“SCC”) is usually timid to grant leave to tax law cases. However, earlier this year, we saw the SCC decide MacDonald v. Canada 2020 SCC 6. (You can find our case comment on MacDonald here.) The SCC also granted leave to Canada v. Alta Energy Luxembourg S.A.R.L. 2020 FCA 43 […]

Banks Forced to Repay Added Charges Plus Punitive Damages: Bank of Montreal v Marcotte

On September 19, 2014, the Supreme Court of Canada ("SCC") released its decision in Bank of Montreal v Marcotte, 2014 SCC 55 [BMO v Marcotte], and its two companion cases, Amex Bank of Canada v Adams, 2014 SCC 56, and Marcotte v Fédération des caisses Desjardins du Québec, 2014 SCC 57. The case in BMO v Marcotte was based […]