15 Defining Legal and Regulatory Stories for Compliance Officers

Canadian print media delivers essential legal and regulatory intelligence that shapes business strategy and governance. according to Press Monitor's tracking of Canadian publications, here are the 15 defining stories from today's print landscape.

1. Judge Rules Google May Keep Ad Tech Wing

The U.S. federal judge ruled that Google must make changes to address its advertising technology monopoly but would not need to break up that business, as the company staved off the most extreme measures to curb its power. A U.S. federal judge ruled that Google must make changes to address its advertising technology monopoly but would not need to break up that business, as the company staved off the most extreme measures to curb its power. This ruling reshapes the antitrust landscape for digital advertising and signals that structural remedies may be off the table. Tracked by Press Monitor.

2. Galaxy Digital Crypto Lawsuit To Proceed

The Globe And Mail reports that an Ontario judge is allowing a class-action lawsuit against Galaxy Digital Inc. and its founder, Mike Novogratz, to proceed after finding evidence investors were misled about the risks of holding the cryptocurrencies Luna and TerraUSD. The lawsuit alleges Galaxy aggressively encouraged investors to buy and hold the tokens without disclosing that it had been acquiring Luna at a discount while rapidly selling off its holdings. Both cryptocurrencies collapsed to zero over a single week in May 2022, wiping out roughly US$40 billion in investments. An Ontario judge is allowing a class-action lawsuit against Galaxy Digital Inc. and its founder, Mike Novogratz, to proceed after finding evidence investors were misled about the risks of holding the cryptocurrencies Luna and TerraUSD. The lawsuit alleges Galaxy aggressively encouraged investors to buy and hold the tokens without disclosing that it had been acquiring Luna at a discount while rapidly selling off its holdings. Both cryptocurrencies collapsed to zero over a single week in May 2022, wiping out roughly US$40 billion in investments. Tracked by Press Monitor.

3. Galaxy Luna Class Action Certified

The Globe And Mail reports that a Canadian judge has certified a class-action lawsuit against Mike Novogratz's crypto firm Galaxy Digital over its promotion of the failed Luna and TerraUSD cryptocurrencies. The ruling found Galaxy's public statements contained misleading omissions and active misrepresentations, leaving the company to appeal, negotiate a settlement, or mount a trial defence. Galaxy, which agreed to pay US$200-million in 2025 to settle a related New York attorney-general investigation, says the lawsuit is without merit. A Canadian judge has certified a class-action lawsuit against Mike Novogratz's crypto firm Galaxy Digital over its promotion of the failed Luna and TerraUSD cryptocurrencies. The ruling found Galaxy's public statements contained misleading omissions and active misrepresentations, leaving the company to appeal, negotiate a settlement, or mount a trial defence. Galaxy, which agreed to pay US$200-million in 2025 to settle a related New York attorney-general investigation, says the lawsuit is without merit. Tracked by Press Monitor.

4. Man pleads guilty to murder

The Chronicle Herald reports that Dale Allen Toole, a Kings County man, has pleaded guilty to second-degree murder in the 2024 killing of popular music teacher Esther Jones. Toole admitted to entering the former Kingston Bible College Academy, causing Jones's death, removing her body, and disposing of it. Jones leased a room at the college and operated a music studio where she taught children and adults how to play various instruments. Dale Allen Toole, a Kings County man, has pleaded guilty to second-degree murder in the 2024 killing of popular music teacher Esther Jones. Toole admitted to entering the former Kingston Bible College Academy, causing Jones's death, removing her body, and disposing of it. Jones leased a room at the college and operated a music studio where she taught children and adults how to play various instruments. Tracked by Press Monitor.

5. Guilty Verdict in Tupac Shakur Murder

The Chronicle Herald reports that one of Nova Scotia’s busiest beaches, Rainbow Haven Beach in Cow Bay, will close early for the season due to scheduled construction projects. Duane (Keffe D) Davis, a former gangleader, has been convicted of orchestrating the 1996 shooting of rap icon Tupac Shakur, a case that captivated the public and stymied police for decades. The conviction closes a chapter on one of the most infamous unsolved cases in hip-hop history. Tracked by Press Monitor.

6. Duane Davis Convicted in Tupac Murder

The Cape Breton Post reports that Duane (Keffe D) Davis, a former leader of the South Side Compton Crips, has been convicted of orchestrating the 1996 shooting death of rap icon Tupac Shakur in Las Vegas. Prosecutors relied on Davis's own words in interviews and his memoir to argue he sought revenge after Shakur and his associates beat up his nephew. Davis, who did not pull the trigger but faces a potential life sentence, has said he wants to appeal. Duane Davis, a former leader of the South Side Compton Crips, has been convicted of orchestrating the 1996 shooting death of rap icon Tupac Shakur in Las Vegas. Prosecutors relied on Davis's own words in interviews and his memoir to argue he sought revenge after Shakur and his associates beat up his nephew. Davis, who did not pull the trigger but faces a potential life sentence, has said he wants to appeal. Tracked by Press Monitor.

7. OpenAI Faces 30 New Lawsuits From Witnesses To Tumbler Ridge Mass Shooting

Times Colonist reports that another 30 lawsuits are being filed against artificial intelligence company OpenAl and founder Sam Altman in relation to the deadly mass shooting in Tumbler Ridge. The lawsuits are from new plaintiffs including faculty at Tumbler Ridge Secondary School as well as youth who were students at the time of the Feb. 10 shooting. Another 30 lawsuits are being filed against artificial intelligence company OpenAI and founder Sam Altman in relation to the deadly mass shooting in Tumbler Ridge. The lawsuits are from new plaintiffs including faculty at Tumbler Ridge Secondary School as well as youth who were students at the time of the Feb. 10 shooting. Tracked by Press Monitor.

8. Galaxy Investment Partners Faces Class Action Lawsuit

The Globe And Mail reports that Galaxy Investment Partners, led by CEO Mike Novogratz, is facing a class action lawsuit stemming from its involvement with the collapsed Luna cryptocurrency. The lawsuit seeks monetary relief after Luna and TerraUSD crashed, leading to significant investor losses. Galaxy Investment Partners, led by CEO Mike Novogratz, is facing a class action lawsuit stemming from its involvement with the collapsed Luna cryptocurrency. The lawsuit seeks monetary relief after Luna and TerraUSD crashed, leading to significant investor losses. Tracked by Press Monitor.

9. NBA Punishes Clippers for Salary Cap Violations

The NBA has fined the Los Angeles Clippers $30 million and suspended owner Steve Ballmer for a year after an investigation revealed that the team violated the salary cap by laundering money through a now-defunct company. The NBA has fined the Los Angeles Clippers $30 million and suspended owner Steve Ballmer for a year after an investigation revealed that the team violated the salary cap by laundering money through a now-defunct company. Tracked by Press Monitor.

10. Marc Ouellet Wins $100,000 Defamation Case

The Cape Breton Post reports that retired Quebec cardinal Marc Ouellet won a $100,000 defamation case against a former pastoral agent who accused him of sexual assault. Justice Martin Castonguay found the allegations to be false. Retired Quebec cardinal Marc Ouellet won a $100,000 defamation case against a former pastoral agent who accused him of sexual assault. Justice Martin Castonguay found the allegations to be false. Tracked by Press Monitor.

11. Trudeau's 860 judges still shaping courts

Toronto Star reports that columnist Mark McQueen argues former prime minister Justin Trudeau's judicial legacy lives on through judges handing down lenient sentences based on systemic factors. The opinion column cites cases in Ontario and British Columbia where Trudeau-appointed judges reduced penalties for gun offences and sexual assault, citing mental health, racism and immigration consequences. McQueen warns that if Trudeau's roughly 860 appointed judges continue pushing the woke agenda, Canadians may need to embrace judicial recall. Former prime minister Justin Trudeau's judicial legacy lives on through judges handing down lenient sentences based on systemic factors. The opinion column cites cases in Ontario and British Columbia where Trudeau-appointed judges reduced penalties for gun offences and sexual assault, citing mental health, racism and immigration consequences. Tracked by Press Monitor.

12. B.C. treaties slowed by overlapping claims

Times Colonist reports that B.C. Treaty Commission chief commissioner George Abbott is seeking a faster way to resolve overlapping land claims between First Nations, with treaty talks involving about 30 nations. Agreements with the K'ómoks First Nation and Kitselas First Nation have reached ratification votes, but disputes over shared territories have triggered lawsuits from the Esquimalt First Nation, We Wai Kum and a coalition of Tsimshian nations. Abbott says the commission has proposed a more extensive mediation role and a manual of best practices for handling overlapping claims. B.C. Treaty Commission chief commissioner George Abbott is seeking a faster way to resolve overlapping land claims between First Nations, with treaty talks involving about 30 nations. Disputes over shared territories have triggered lawsuits from the Esquimalt First Nation, We Wai Kum and a coalition of Tsimshian nations. Tracked by Press Monitor.

13. Ottawa Says Climate Law Binds Nobody

Winnipeg Sun reports that the Carney government is arguing in Federal Court that the Canadian Net-Zero Emissions Accountability Act sets no binding obligations or penalties on Ottawa over its net-zero-by-2050 commitments. The editorial notes a December progress report shows Canada on track for roughly half of its 2030 target of cutting emissions 40 to 45 percent below 2005 levels, and Prime Minister Mark Carney has acknowledged the 2030 and 2035 targets will be missed. The Winnipeg Sun calls on Ottawa to either scrap the unenforceable act or table new targets it is prepared to defend in Parliament. The Carney government is arguing in Federal Court that the Canadian Net-Zero Emissions Accountability Act sets no binding obligations or penalties on Ottawa over its net-zero-by-2050 commitments. The editorial notes a December progress report shows Canada on track for roughly half of its 2030 target of cutting emissions 40 to 45 percent below 2005 levels. Tracked by Press Monitor.

14. City Plans Appeal To Evict Homeless Camp

Le Journal de Montreal reports that the administration of Mayor Soraya Martinez Ferrada intends to appeal a court ruling that prevents the city from evicting a homeless camp under the Van Horne viaduct. The court had ruled in favor of the Clinique juridique itinérante, which sought to prevent the city from displacing residents from a camp near a skate park and basketball court. The administration of Mayor Soraya Martinez Ferrada intends to appeal a court ruling that prevents the city from evicting a homeless camp under the Van Horne viaduct. The court had ruled in favor of the Clinique juridique itinérante, which sought to prevent the city from displacing residents from a camp near a skate park and basketball court. Tracked by Press Monitor.

15. Parents Seek Justice for Murdered Toddler

Le Journal de Quebec reports that the parents of a 13-month-old girl who died under the care of her babysitter in July 2019 are demanding justice. The Crown is seeking a 10-year prison sentence for the accused, Diana Torres-Acosta, while the defense proposes a community sentence. The parents of a 13-month-old girl who died under the care of her babysitter in July 2019 are demanding justice. The Crown is seeking a 10-year prison sentence for the accused, Diana Torres-Acosta, while the defense proposes a community sentence. Tracked by Press Monitor.

Which of these legal developments will have the most lasting impact on Canadian business and governance? Share your thoughts in the comments.