• About
  • Offices
  • Careers
  • News
  • Students
  • Alumni
  • Payments
  • FR
Background Image
Bennett Jones Logo 100 Years
  • People
  • Expertise
  • Knowledge
  • Search
  • FR Menu
  • Search Mobile
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
View all
Practices
Corporate Litigation Regulatory Tax View all
Industries
Capital Projects Energy Funds & Finance Mining View all
Advisory
Crisis & Risk Management ESG Strategy and Solutions Governmental Affairs & Public Policy
View Client Work
International Experience
Insights News Events
New Energy Economy Series Business Law Talks Podcast Economic Outlook
ESG & the CIO Subscribe
Bennett Jones Centennial Menu
People
Practices
Industries
Advisory Services
Client Work
About
Offices
News
Careers
Insights
Law Students
Events
Search
Alumni
Payments
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
 

Liability of Professionals in a Post-Financial Crisis Milieu: A 'Made in Canada' Tempered Response

June 01, 2011

In the past few years, the global economy has witnessed a financial and credit crisis resulting in a so-called global recession. In Canada, while the impact of the "crisis" was less severe than in other countries, it was significant enough to warrant the government's attention and purported intervention, in an attempt to (among other things) decrease the risks to Canada's capital markets and to protect investors. In the last year, the federal government has introduced new proposed securities legislation and made amendments to the Canadian Criminal Code. With respect to common law claims, while Canada has not seen a significant direct correlation between the financial crisis and an increase in civil claims, securities class actions appear to be on the rise and courts are arguably demonstrating a more "plaintiff-friendly" approach to the use of such actions as a supplement to regulation to achieve behaviour modification. Published in Corporate Securities and Financial Law Report, Vol. 16, No. 3.

Key Contacts

  • Preet K.  Gill Preet K. Gill, Partner
  • Jeffrey S. Leon L.S.M., FCIArb Jeffrey S. Leon L.S.M., FCIArb, Partner

Celebrating our Centennial Chronicle

Related Links

  • Insights
  • Media
  • Subscribe

Related Expertise

  • Commercial Litigation
  • Corporate Governance

Recent Posts

In The News

Canadian Government Cannot Rely on More Borrowing to Fund Pledges

January 27, 2023
       

Speaking Engagements

The Evolution of Economic Crime, Asset Recovery, Money Laundering and Enforcement

January 26, 2023
       

In The News

Why Ottawa's Plans to Restore Fiscal Balance Are On Shaky Ground

January 26, 2023
       

In The News

Canada Needs to Get Its Act Together on Growth

January 25, 2023
       

In The News

Canada's Spending Plans Will be Threatened by Higher Interest Rates and Looming Recession

January 25, 2023
       

In The News

David Dodge on Power Play: Canada's Fiscal Plan is Not the Full Story

January 25, 2023
       

In The News

Federal Government is Underestimating Risks of Recession and Higher Interest Rates

January 25, 2023
       

In The News

Government of Canada Plays "Hide the Deficit" in Fiscal Planning

January 25, 2023
       

Speaking Engagements

AME Roundup's The Gathering Place

January 25, 2023
       
Bennett Jones Centennial Footer 100 Years
Bennett Jones Centennial Footer 100 Years
About
  • Leadership
  • Diversity
  • Community
  • Innovation
  • Security
  • History
Offices
  • Calgary
  • Edmonton
  • Montréal
  • Ottawa
  • Toronto
  • Vancouver
  • New York
Connect
  • Insights
  • News
  • Events
  • Careers
  • Students
  • Alumni
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
© Bennett Jones LLP 2023. All rights reserved.
  • Privacy Policy
  • Disclaimer
  • Terms of Use
Logo Bennett Jones