Canadian Imperial Bank of Commerce v. Canada, 2023 FCA 195 -- summary under Property

By services, 2 October, 2023

A subsidiary ("PC Bank") of Loblaw had agreed with CIBC for CIBC to provide retail banking services under Loblaw’s President's Choice trademark. Webb JA noted (at para. 27) that for purposes of the ETA financial services definition Hogan J had “found that the predominant element of the single compound supply [by PC Bank to CIBC] was a “Bundle of Rights” [i.e., property] that allowed CIBC to solicit Loblaw’s existing and future customers for the purchase of President’s Choice Financial products,” and found that there was no reversible error in this finding.

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provision of access to customers was "property"
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d7 import status
Drupal 7 entity type
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Drupal 7 entity ID
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