In today’s fiercely competitive business landscape, business services play a pivotal role in enabling organizations to thrive and stay ahead of the curve. From consulting to outsourcing, these services encompass a wide array of offerings designed to streamline operations, enhance efficiency, and drive sustainable growth. Unraveling the Essence of Business Services Business services encapsulate a … Read more
Taking a financial education class in high school does pay off. In fact, there is a lifetime benefit of roughly $100,000 per student from completing a one-semester course in personal finance, according to a recent report by consulting firm Tyton Partners and Next Gen Personal Finance, a nonprofit focused on providing financial education to middle and high school students. Much of … Read more
Insurance giant Swiss Re on Friday reported a sharp upswing in full-year profit, benefitting from what it described as an attractive market environment after a “batch of bad years.” The Zurich-headquartered company posted full-year net profit of $3.2 billion, in line with expectations according to an LSEG-compiled consensus. It marked a nearly 580% increase when compared to the previous … Read more
Ares Leads $3.3 Billion Private Loan for UK Insurance Broker Ardonagh at Low Rate Ares Management Corp. is leading a $3.3 billion private credit loan for UK insurance broker Ardonagh Group Ltd., with the debt’s pricing among the lowest seen in direct lending, people with knowledge of the matter said. Ardonagh’s loan is set to … Read more
Millions of Americans with student loans need to resume payments. The requirement kicks in again on October 1. The pause on student loan payments began in March of 2020 as part of a series of pandemic-related economic relief measures. Since then, the pause was extended several times, but Congress earlier this year blocked additional extensions. Some had wondered … Read more
In 2020, during the height of the global pandemic, an American woman made a purchase by acquiring a severely unlivable house for just $18,000. What followed was a remarkable transformation that turned this property into a comfortable and attractive home, with a current market value of $375,000 (equivalent to ₹ 3,12,13143). Betsy Sweeney, a 30-year-old expert in … Read more
Canadian home buyers are shifting to fixed-rate mortgages at the fastest pace in a year, on bets that more rate hikes from the central bank are in store to bring inflation under control, even as the cost of these home loans remains close to the highest level since 2009. Borrowers are also increasingly eschewing the popular five-year … Read more
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, the Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages and the Honourable Gudie Hutchings, Minister of Rural Economic Development, announced the federal government’s economic plan is taking action to build … Read more
In a decision ordering the second highest damages award in its history, the Ontario Human Rights Tribunal found that paying a non-citizen worker less than the minimum wage is a form of citizenship-based discrimination. The Tribunal’s pronouncement will arm vulnerable newcomer workers with another tool to confront exploitation that would previously have been only an … Read more
Located in Western Canada and dubbed as the country’s center for energy, Alberta promises a lot of opportunities for educational and professional growth. Just like any other province in the country, legal education is bustling in Alberta, offering great prospects for future lawyers. In this article, we will talk about the two law schools in … Read more
The NL Supreme Court has clarified the rule on pro rata distribution in an insurance policy dispute involving multiple claimants. In Canadian Lawyers Insurance Association v. Drover, 2023 NLSC 106, the Canadian Lawyers Insurance Association (CLIA) provides errors and omissions insurance to the Law Society of Newfoundland and Labrador and its members. The insurance covers … Read more
The BC Court of Appeal has dismissed an action for damages against an insurance claims examiner, finding that the plaintiff should bring the claim against the Insurance Corporation of British Columbia (ICBC) instead. In Brar v. Feng, 2023 BCCA 418, Surinder Kaur Brar sought damages from the ICBC’s claims examiner, Jack Feng. The case stemmed from … Read more
Climate activists barged into Canadian Finance Minister Chrystia Freeland’s Toronto office on Thursday demanding the government announce climate-related regulation for banks in its 2024 budget. Greenpeace activists wearing blue jumpsuits and carrying sleeping bags staged a sit-in protest in Freeland’s office, while the minister was not in her office. Greenpeace Canada’s senior energy strategist Keith … Read more
The Ontario Superior Court of Justice has addressed the matter of public policy considerations in awarding costs following the dismissal of a claim seeking an $800,000 legacy from the decedent’s estate. In Kurt v. Kurt and Sullivan, 2024 ONSC 589, the plaintiff, Kelly Kurt, brought a motion for summary judgment, arguing that the legacy was outlined … Read more
The Ontario Superior Court of Justice has granted a request for default judgment to recognize and enforce a United States District Court judgment against Iran for its role in the 1996 Khobar Towers bombing in Dhahran, Saudi Arabia. The towers were a residential complex that housed, among others, American service members. Dozens of people, including … Read more
Luc Roy has been tapped to sit as a provincial court judge in Campbellton, New Brunswick. The announcement was made by Justice Minister Hugh J. Flemming, who said Roy’s expertise will “allow him to contribute significantly to our judicial system.” Roy’s educational background includes a Bachelor of Psychology in 2004 and a Bachelor of Laws … Read more
The British Columbia Sheriff Service (BCSS) is set to enhance the security and accessibility of court services with the addition of 13 new sheriff recruits. The recruits join the service after completing a 13-week academic, physical and practical training program at the Justice Institute of British Columbia (JIBC). They will undertake responsibilities pivotal to court … Read more