Supreme Court of Canada says provincial consumer protection laws apply to banks

Lawrence Thacker was quoted in the Financial Post on September 19, 2014 in relation to a Supreme Court of Canada decision on whether provincial consumer protection legislation applies to federally regulated financial institutions.

"Several banks are on the hook to pay a class action trial judgment award after the Supreme Court of Canada released an important decision that says federally regulated banks must comply with provincial consumer protection laws...

...Lawrence Thacker, a lawyer with Lenczner Slaght Royce Smith Griffin LLP in Toronto says the case gives provinces more scope in consumer protection..."