McDonald v. Toronto-Dominion Bank

JurisdictionOntario
CourtCourt of Appeal (Ontario)
JudgeFairburn,Favreau,Sossin
Citation2022 ONCA 788
Date17 November 2022
Docket NumberC69642

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5 practice notes
  • Key Takeaways From 2022 Appellate Decisions
    • Canada
    • Mondaq Canada
    • March 17, 2023
    ...of topics of interest. Assessing Proximity in Whether a Bank Owes a Duty of Care for Economic Losses McDonald v. Toronto-Dominion Bank, 2022 ONCA 788 arises from the second largest Ponzi scheme in history perpetrated by the principal of Stanford International Bank ("SIB"). TD acted as SIB's......
  • Smitten Baby Products Inc. v FirstOnSite Restoration Ltd
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • July 21, 2025
    ...O.R. (3d) 401, at para. 33. 16 Livent, at para. 26; Mustapha, at para. 5; Maple Leaf, at para. 23. 17 McDonald v. Toronto-Dominion Bank, 2022 ONCA 788, at para. 40. 18 Livent, at para. 30; Reset Electronics v. Hydro One Networks Inc., 2024 ONCA 311, at para. 5. 19 Maple Leaf, at para. 32. 2......
  • Top Commercial Decisions Of 2022
    • Canada
    • Mondaq Canada
    • March 16, 2023
    ...but a hearing of the appeal has not been scheduled at the time of this writing. Novel duties of care: McDonald v Toronto-Dominion Bank, 2022 ONCA 788 (Kirsten Crain and Bethany A tight knit circle of fraudsters in an offshore bank, SIB, perpetrated the second largest Ponzi scheme in history......
  • Tdsb and Scdsb v Osbie
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • May 17, 2024
    ...cannot be said that meaningful appellate review was unavailable as a result of insufficient reasons: McDonald v. Toronto-Dominion Bank, 2022 ONCA 788, 163 O.R. (3d) 674 at paras. 121 – 94 For all of these reasons, the Appeal is dismissed. Costs 95 Pursuant to section 131 of the Courts of Ju......
  • Get Started for Free
2 cases
  • Smitten Baby Products Inc. v FirstOnSite Restoration Ltd
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • July 21, 2025
    ...O.R. (3d) 401, at para. 33. 16 Livent, at para. 26; Mustapha, at para. 5; Maple Leaf, at para. 23. 17 McDonald v. Toronto-Dominion Bank, 2022 ONCA 788, at para. 40. 18 Livent, at para. 30; Reset Electronics v. Hydro One Networks Inc., 2024 ONCA 311, at para. 5. 19 Maple Leaf, at para. 32. 2......
  • Tdsb and Scdsb v Osbie
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • May 17, 2024
    ...cannot be said that meaningful appellate review was unavailable as a result of insufficient reasons: McDonald v. Toronto-Dominion Bank, 2022 ONCA 788, 163 O.R. (3d) 674 at paras. 121 – 94 For all of these reasons, the Appeal is dismissed. Costs 95 Pursuant to section 131 of the Courts of Ju......
3 firm's commentaries
  • Key Takeaways From 2022 Appellate Decisions
    • Canada
    • Mondaq Canada
    • March 17, 2023
    ...of topics of interest. Assessing Proximity in Whether a Bank Owes a Duty of Care for Economic Losses McDonald v. Toronto-Dominion Bank, 2022 ONCA 788 arises from the second largest Ponzi scheme in history perpetrated by the principal of Stanford International Bank ("SIB"). TD acted as SIB's......
  • Top Commercial Decisions Of 2022
    • Canada
    • Mondaq Canada
    • March 16, 2023
    ...but a hearing of the appeal has not been scheduled at the time of this writing. Novel duties of care: McDonald v Toronto-Dominion Bank, 2022 ONCA 788 (Kirsten Crain and Bethany A tight knit circle of fraudsters in an offshore bank, SIB, perpetrated the second largest Ponzi scheme in history......
  • Ontario Court Of Appeal Dismisses $5B Negligence Claim Relating To Stanford Ponzi Scheme
    • Canada
    • Mondaq Canada
    • November 22, 2022
    ...and Ontario Court of Appeal. Footnotes 1 McDonald v. The Toronto-Dominion Bank, 2021 ONSC 3872 2 McDonald v. The Toronto-Dominion Bank, 2022 ONCA 788 3 Para. 35 4 Para 47-48 5 Para 55 6 Para. 63. 7 Para. 64. 8 Para 85 9 Para 98 10 Para. 120. To view the original article click here The conte......