An estimated 2.5 million Canadians live outside Canada. In addition, Canadians make almost 50 million visits abroad each year. They travel or reside overseas to do business, study, visit family or vacation. Most find that their stay abroad is uneventful. Some, however, have the unexpected experience of being subjected to arbitrary and prolonged detention — and sometimes even torture.
|Image: Jeannie Phan|
However, the concepts are being addressed again in courts in Canada in the 21st century, in connection with third-party funding agreements for litigation.
Defining the new normal: Innovation in financial technology is forcing regulators to think creatively. It was an engrossing week, and the latest evidence that the Canadian world of finance was being upended by the emergence of nimble players using new technologies to offer cutting-edge financial products and services.