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Canada Trustco Mortgage Co v Canada, is a significant case of the Supreme Court of Canada on the intersection of the Income Tax Act [2] and the Bills of Exchange Act [3] and the ability to seize funds that have been deposited by a debtor into an account held at a financial institution in Canada.
If a bank receives a cheque that it would normally dishonour, such as there being insufficient funds in an account on which it is drawn, the manager may as a courtesy contact the customer to advise them of the situation to allow them to rectify the situation promptly to avoid a cheque being dishonoured.
Appointees to the Order of Canada can have their membership revoked if the order's advisory council determines a member's actions have brought dishonour to the order. Nine people have been removed from the Order of Canada: Alan Eagleson, David Ahenakew, T. Sher Singh, Steve Fonyo, Garth Drabinsky, Conrad Black, Ranjit Chandra, Johnny Issaluk and Buffy Sainte-Marie.
Sometimes the cheque fraud comes from an employee of the bank itself, as was the case with Suzette A. Brock, who was convicted of theft for writing five corporate cheques to her own birth name from her desk as a loan servicing agent for Banner Bank of Walla Walla, WA.
Full case name: Canadian Western Bank, Bank of Montreal, Canadian Imperial Bank of Commerce, HSBC Bank Canada, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia and Toronto‑Dominion Bank v. Her Majesty The Queen in Right of Alberta: Citations: 2007 SCC 22, [2007] 2 S.C.R. 3: Docket No. 30823 [1] Prior history
To say that the standard is objective makes it clear that the factual aspects of the circumstances surrounding the action of the director or officer are important in the case of the s.122(1)(b) duty of care, as opposed to the subjective motivation of the director or officer, which is the central focus of the statutory fiduciary duty of s.122(1 ...
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC; French: Centre d'analyse des opérations et déclarations financières du Canada) ...
Life imprisonment is also a possible maximum penalty for a range of other offences, but the sentence is only mandatory in cases of high treason or murder. When an accused is sentenced to life imprisonment for murder or high treason, then the following parole ineligibility periods apply (which includes youths sentenced as an adult): [ 35 ]