Sparling v. Québec (Caisse de dépôt et placement du Québec), [1988] 2 S.C.R. 1015 (1988)

Supreme Court of Canada

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Sparling v. Québec (Caisse de dépôt et placement du Québec), [1988] 2 S.C.R. 1015 (1988)

sparling v.

québec (caisse de dépôt et placement du québec), [1988] 2 S.C.R. 1015

La Caisse de dépôt et placement du Québec Appellant v.

Frederick H. Sparling Respondent and

The Attorney General of Quebec and the Attorney General for Alberta Interveners indexed as: sparling v. quebec (caisse de dépôt et placement du québec)

File No.: 19377.

1988: February 4; 1988: December 15.

Present: Beetz, Estey*, McIntyre, Lamer, Wilson, Le Dain* and La Forest JJ.

on appeal from the court of appeal for quebec

Crown -- Immunity -- Provincial Crown agent purchasing shares of a corporation governed by federal statute -- Agent refusing to submit insider report as required by federal statute -- Whether agent bound by insider reporting provisions -- Application of the benefit/burden exception to Crown immunity -- Canada Business Corporations Act, S.C. 1974-75-76, c. 33, s. 122(2), (4) -- Interpretation Act, R.S.C. 1970, c. I-23, s. 16.

Appellant, an agent of the Crown in right of Quebec, purchased more than 10 per cent of the shares of a company governed by the Canada Business Corporations Act and so became an insider of that company for the purposes of ss. 121 and 122 of the Act. It nevertheless refused to submit an insider report to the respondent contending that, by virtue of Crown immunity as provided by s. 16 of the federal Interp...

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