Toronto Star series
An excellent series by the Toronto Star: highly recommended.
Why the OSC so rarely gets its man
Dec 01, 2007
More than 450 employees work at the Ontario Securities Commission. About 40% are paid more than $100,000 a year. Their dismal track record begs the question: What on earth are they doing?
Why white-collar crime team fizzled
Dec 02, 2007
Launched four years ago to clean up markets, police squad is now best known for its failures
OSC chief takes it in stride
Dec 03, 2007
Under fire for perceived regulatory failings, David Wilson says he 'sleeps pretty well'
Fraud squad lacks credibility
Dec 04, 2007
RCMP teams fighting white-collar crime stymied by poor leadership and complicated cases: Report
Richer rogues not on radar
Dec 05, 2007
New study on corporate crime suggests system is stacked in favour of influential industry insiders
Solutions to market regulation faults sought
Dec 08, 2007
Experts suggest changes to an ineffective system
Who's in charge (Diagram)
In Canada securities fraud enforcement is especially challenging. There are more than 30 separate agencies involved. This could charitably be recalled the Canadian enforcement mosaic
Tories promise action on white-collar crime
Globe and Mail, Aug. 05, 2009
Ottawa wrong to say it has matter under control, forensic auditor says, adding government should have moved on issue much earlier.
Why white-collar crime team fizzled (Subscription required)
Toronto Star, Dec 2, 2007
Launched four years ago to clean up markets, police squad is now best known for its failures.
A good country for crooks: Canada's losing war against white-collar crime (4 pages)
Canadian Business Online, September 24, 2007
Two former top cops in the RCMP's elite IMET squads are blowing the whistle on a justice system that is losing the war on white-collar crime.
We're just a bunch of softies (Subscription required)
Tara Perkins, Toronto Star, May 28, 2006
That's Canada's reputation when it comes to cracking down on corporate wrongdoing. But that's about to change, officials vow.
Curtain comes down as Drabinsky, Gottlieb to serve time
Globe & Mail, Aug. 06, 2009
They built a theatre empire that crumbled, bilking investors and cleaning out creditors. Now Garth Drabinsky and Myron Gottlieb are going to jail for their ‘deception' and 'dishonest dealing'.
Want to be a corporate criminal? Move to Canada
Margaret Wente, Globe & Mail, Wednesday, Aug. 05, 2009
The real message sent to white-collar crooks like Garth Drabinsky is that, even if you get convicted, things won't be so bad.
Felderhof verdict a blow to OSC
Toronto Star, Aug 01, 2007
Regulator fails to win conviction in biggest mining scandal in nation's history
Shock greets Bre-X verdict
Toronto Star, Aug 01, 2007
The seven-year trial, the only criminal case to be launched in the Bre-X fiasco, came to a conclusion in front of a packed Toronto courtroom as Justice Peter Hryn acquitted Felderhof on all eight charges.
Why the RCMP didn't get their man
Calgary Herald, May 28, 2007
The trail stretched from the tangled jungles of Indonesia to the well-scrubbed streets of Calgary, but it finished with a frank admission in a news release.
Bre-X in Hindsight: What We Know About The Busang Gold
Robert E. Ankli and Sheila Varadan, Univ. of Guelph
This paper examines the events surrounding the Bre-X scam in the early to mid-1990s, setting out what we know and don't know.
CIBC World Markets
CIBC closes books on Harry Migirdic affair
In the wake of a scathing June judgment by Superior Court Judge Jean-Pierre Senecal, who ordered the CIBC to pay more than $3 million to a retired couple who had been misled by former Montreal broker (and CIBC Wood Gundy vice-president) Harry Migirdic, it has settled out of court with more than a half-dozen other onetime clients of Migirdic.
Quebec Courts once again award considerable punitive damages
Legal commentary by Nichol Paskal-Mede LLP: "Court was of the opinion that CIBC had committed an abuse of the judicial system (by lying in its defence, by hiding essential facts, by obstructing judicial debate..."
Markarian v. CIBC World Markets Inc.
Text of the judgment handed down by Judge Senecal. This includes a detailed account of the evidence presented.
For more information: