The multimillion-dollar question—why are municipalities
experiencing shortfalls in money for infrastructure? Are the
shortfalls the sign of a dearth of infrastructure funds, or are
they the result of unaffordable investment decisions?
Getting to the bottom of this question is the only way to
address the debate surrounding the adequacy of infrastructure
financing. In light of recent and pending legislative changes, the
Province of Ontario has set for itself the goal of assuring itself
and taxpayers that infrastructure needs are genuine and that each
recipient municipality is put to the same standard when requesting
Whether you are a travel insurance or reinsurance employee, a regulator, a broker/consultant or an industry partner, the 2017 Travel Health Insurance Association of Canada Conference is designed with you in mind. Our high-level conference addresses the many diverse and complex issues facing you, the leaders of the Canadian travel insurance industry. The 2017 conference is designed to help you differentiate between threats and opportunities and determine strategies that will allow you to survive and thrive in either case.
We are very excited to bring forward a program in 2017 that Concentrates on: financing, construction, development, investment and leasing market activity and macro level influences that will impact the sector and in turn, the development environment.
Interpreting and applying human rights legislation presents a complex and often unique set of challenges. At the same time, failure to comply with human rights laws can be very costly to organizations, both in terms of money and time spent defending claims, as well as the resulting reputational damage should an individual's claim be upheld by the tribunal.
The only PPSA registration the bank holds against our borrower expired without having been renewed. Is it possible for the bank to file a late renewal and regain its first priority position against the borrower's other secured creditors?
Most secured lenders have the benefit of a full slate of negative covenants in their formal loan and security documents to restrict the actions of their borrower that might jeopardize the borrower's ability to repay the loan.
Guarantors beware: the Court of Appeal, in The Toronto-Dominion Bank v Konga,1 held that the guarantor was required to pay in response to a demand for payment pursuant to a guarantee, even where the debtor corporation had not failed to make a payment under the loan agreement.
The Ontario Divisional Court recently provided guidance with respect to excluding co-parties from each other's examination for discovery. In Lazar v TD General Insurance Company, the defendant sought to examine the plaintiffs (a married couple) individually, outside the presence of the other.
A recent Ontario Divisional Court decision, CIBC Mortgages Inc. v Computershare Trust Company of Canada, confirms that a mortgage lender may lose priority if their mortgage is fraudulently discharged by the mortgagor.
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