Canada: Credit Control and Cashflow

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Article
The Collection Process, Part 3: Seizure And Sale Of A Debtor’s Assets
When a judgment debtor owns personal property such as vehicles, equipment, or valuable items, creditors can pursue seizure and sale through a bailiff to satisfy outstanding debts. This collection method involves investigating assets, physically seizing property, and auctioning goods to recover judgment amounts, though certain restrictions apply to protect basic necessities and lower-value items.
Canada Litigation
WG
Watson Goepel LLP
Article
OSFI Releases New Guideline for Federally Regulated Financial Institutions that Outsource Business Functions
The Office of the Superintendent of Financial Institutions ("OSFI") recently released for comment a draft of a new Guideline B-10 – Outsourcing of Business Functions. The new Guideline will apply to federally regulated financial institutions such as banks and insurance companies, subsidiaries and parent companies of such institutions, and foreign financial institution branches, as well as bank holding companies (collectively, for the purposes of this bulletin, "FRFIs")
Canada Strategy
ML
McMillan LLP
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