Minister of National Revenue v. Caisse populaire du Bon Conseil, (2009) 389 N.R. 199 (SCC)

JudgeMcLachlin, C.J.C., Binnie, LeBel, Deschamps, Fish, Charron and Rothstein, JJ.
CourtSupreme Court of Canada
Case DateFebruary 29, 2008
JurisdictionCanada (Federal)
Citations(2009), 389 N.R. 199 (SCC);2009 SCC 29;[2009] 4 CTC 330;[2009] 2 SCR 94;389 NR 199;309 DLR (4th) 323

MNR v. Caisse Pop. (2009), 389 N.R. 199 (SCC)

MLB headnote and full text

[French language version follows English language version]

[La version française vient à la suite de la version anglaise]

.........................

Temp. Cite: [2009] N.R. TBEd. JN.014

Caisse populaire Desjardins de l'Est de Drummond and in right of the Caisse populaire du Bon Conseil (appellant) v. Her Majesty The Queen in Right of Canada (respondent)

(31787; 2009 SCC 29; 2009 CSC 29)

Indexed As: Minister of National Revenue v. Caisse populaire du Bon Conseil

Supreme Court of Canada

McLachlin, C.J.C., Binnie, LeBel, Deschamps, Fish, Charron and Rothstein, JJ.

June 19, 2009.

Summary:

On September 18, 2000, the defendant caisse gave Camvrac Enterprises Inc. a line of credit up to $277,000. On September 25, 2000, Camvrac deposited $200,000 with the caisse under a "term savings agreement" and a "security given through savings" agreement. The agreements entitled the caisse to effect compensation to reduce or eliminate Camvrac's indebtedness to it if Camvrac defaulted on its line of credit. On November 25, 2000, Camvrac was in default. On February 7, 2001, Camvrac made an assignment in bankruptcy. On February 21, 2001, the caisse effected compensation on the term deposit. On June 12, 2001, the Crown gave the caisse notice to pay amounts owing to the Crown for unremitted employment insurance premiums and income tax deducted at source by Camvrac from the proceeds of the term deposit that the Crown asserted was subject to its deemed trust under s. 227(4.1) of the Income Tax Act and s. 86(2.1) of the Employment Insurance Act . The caisse challenged the recovery process.

A Prothonotary of the Federal Court, in a decision reported at (2005), 293 F.T.R. 166, held that the Minister was entitled to recover the amounts due. The caisse appealed.

The Federal Court, in a decision reported at [2005] F.T.R. Uned. C15, dismissed the appeal. The caisse appealed.

The Federal Court of Appeal, in a decision reported at (2006), 361 N.R. 77, dismissed the appeal. The caisse sought leave to appeal.

The Supreme Court of Canada, in a decision reported at (2007), 372 N.R. 392, granted the motion. The appeal proceeded.

The Supreme Court of Canada, Deschamps and LeBel, JJ., dissenting, dismissed the appeal.

Income Tax - Topic 9228

Enforcement - Collection - Source deductions - In the context of the Crown's efforts to recover unremitted employment insurance premiums and income tax source deductions from the proceeds of a term deposit that the debtor had given as collateral for a loan from the defendant caisse, the Supreme Court of Canada discussed the definition of "security interest" in s. 224(1.3) of the Income Tax Act - While the definition of "security interest" was similar to legal terminology used in the personal property security and other legislation of the provinces, the definition in s. 224(1.3) was the only relevant definition for the purposes of the Crown's deemed trust under s. 227(4.1) of the Income Tax Act and s. 86(2.1) of the Employment Insurance Act - The scope of the deemed trust was to be defined in terms of the statutory definition in s. 224(1.3) and not as the term "security interest" might be used in provincial legislation - Parliament had chosen an expansive definition in order to enable maximum recovery by the Crown under the deemed trust - In order to constitute a "security interest" for the purposes of the deemed trust, the creditor had to hold "any interest in property that secured payment or performance of an obligation" - Section 224(1.3) did not require the agreement between the creditor and debtor to take any particular form nor was any particular form expressly excluded - As long as the creditor's interest in the debtor's property secured payment or performance of an obligation, there was a "security interest" within the meaning of s. 224(1.3) - See paragraphs 8 to 17.

Income Tax - Topic 9228

Enforcement - Collection - Source deductions - On September 18, 2000, the defendant caisse gave Camvrac Enterprises Inc. a line of credit up to $277,000 - On September 25, 2000, Camvrac deposited $200,000 with the caisse under a "term savings agreement" and a "security given through savings" agreement - The agreements entitled the caisse to effect compensation to reduce or eliminate Camvrac's indebtedness to it if Camvrac defaulted on its line of credit - On November 25, 2000, Camvrac was in default - On February 7, 2001, Camvrac made an assignment in bankruptcy - On February 21, 2001, the caisse effected compensation on the term deposit - On June 12, 2001, the Crown gave the caisse notice to pay amounts owing to the Crown for unremitted employment insurance premiums and income tax deducted at source by Camvrac from the proceeds of the term deposit that the Crown asserted was subject to its deemed trust under s. 227(4.1) of the Income Tax Act (ITA) and s. 86(2.1) of the Employment Insurance Act (EIA) - The caisse challenged the recovery process - At issue was whether the caisse's contractual right to effect compensation was a "security interest" within the meaning of s. 224(1.3) of the ITA - The Supreme Court of Canada discussed the relationship between contractual compensation or set-off and a security interest - Contractual compensation was different from legal compensation in Quebec or legal and equitable set-off in the common law provinces - While contractual compensation achieved a similar goal to legal compensation or legal or equitable set-off, the discharge of mutual debts, contractual compensation achieved the goal through mutual consent, providing the contracting parties with a self-help remedy that avoided the technical requirements of legal compensation or legal or equitable set-off - If the mutual intention was to create a security interest to ensure that the right of compensation or set-off would be an effective remedy, there was no reason to think that a security interest did not exist simply because the parties had chosen one mechanism over another - If the agreement's substance demonstrated that the parties intended an interest in property to secure an indebtedness, then a security interest existed within the meaning of s. 224(1.3) of the ITA - See paragraphs 18 to 25.

Income Tax - Topic 9228

Enforcement - Collection - Source deductions - On September 18, 2000, the defendant caisse gave Camvrac Enterprises Inc. a line of credit up to $277,000 - On September 25, 2000, Camvrac deposited $200,000 with the caisse under a "term savings agreement" and a "security given through savings" agreement - The agreements entitled the caisse to effect compensation to reduce or eliminate Camvrac's indebtedness to it if Camvrac defaulted on its line of credit - On November 25, 2000, Camvrac was in default - On February 7, 2001, Camvrac made an assignment in bankruptcy - On February 21, 2001, the caisse effected compensation on the term deposit - On June 12, 2001, the Crown gave the caisse notice to pay amounts owing to the Crown for unremitted employment insurance premiums and income tax deducted at source by Camvrac from the proceeds of the term deposit that the Crown asserted was subject to its deemed trust under s. 227(4.1) of the Income Tax Act (ITA) and s. 86(2.1) of the Employment Insurance Act (EIA) - The caisse challenged the recovery process - At issue was whether the caisse's contractual right to effect compensation was a "security interest" within the meaning of s. 224(1.3) of the ITA - The Supreme Court of Canada found that the caisse and Camvrac intended the agreements to create a security interest within the meaning of s. 224(1.3) - The "term savings agreement" provided that the deposit would be for a term of five years, Camvrac could not negotiate or transfer the deposit and the deposit could be hypothecated or given as security, but only in the caisse's favour - The "security given through savings" agreement provided that Camvrac would maintain a deposit of $200,000, Camvrac consented to the caisse withholding repayment as long as the line of credit was outstanding and, in the event of default, there would be compensation between the line of credit and the deposit - These agreements expressly conferred on the caisse an interest in Camvrac's property (the deposit) to secure repayment of Camvrac's indebtedness - The five year term, the maintenance and retention of the deposit, the agreement not to transfer or negotiate the deposit and that the deposit could only be used as security with the caisse created the caisse's interest - Without those encumbrances, Camvrac could have withdrawn the deposit, rendering the caisse's right to compensation ineffective - The caisse was liable to the Crown for the unremitted source deductions up to and including February 21, 2001 - See paragraphs 26 to 33 and 63.

Income Tax - Topic 9238.1

Enforcement - Collection - Statutory deemed trust - Priorities - [See all Income Tax - Topic 9228 ].

Income Tax - Topic 9238.2

Enforcement - Collection - Statutory deemed trust - Remedies and practice - On September 18, 2000, the defendant caisse gave Camvrac Enterprises Inc. a line of credit up to $277,000 - On September 25, 2000, Camvrac deposited $200,000 with the caisse under a "term savings agreement" and a "security given through savings" agreement - The agreements entitled the caisse to effect compensation to reduce or eliminate Camvrac's indebtedness to it if Camvrac defaulted on its line of credit - On November 25, 2000, Camvrac was in default - On February 7, 2001, Camvrac made an assignment in bankruptcy - On February 21, 2001, the caisse effected compensation on the term deposit - On June 12, 2001, the Crown gave the caisse notice to pay amounts owing to the Crown for unremitted employment insurance premiums and income tax deducted at source by Camvrac from the proceeds of the term deposit that the Crown asserted was subject to its deemed trust under s. 227(4.1) of the Income Tax Act (ITA) and s. 86(2.1) of the Employment Insurance Act (EIA) - The caisse challenged the recovery process - At issue was whether the caisse's contractual right to effect compensation was a "security interest" within the meaning of s. 224(1.3) of the ITA - The Supreme Court of Canada, having determined that the agreements between the caisse and Camvrac created a security interest within the meaning of s. 224(1.3) of the ITA, held that the deemed trust covered all unremitted source deductions up to and including February 21, 2001, the date on which the caisse effected compensation - This was despite the fact that some of the unremitted deductions were owed by Camvrac to the Crown before Camvrac entered into the agreements with the caisse - The trust was deemed to be in effect "at any time" - See paragraphs 56 to 61.

Income Tax - Topic 9238.2

Enforcement - Collection - Statutory deemed trust - Remedies and practice - On September 18, 2000, the defendant caisse gave Camvrac Enterprises Inc. a line of credit up to $277,000 - On September 25, 2000, Camvrac deposited $200,000 with the caisse under a "term savings agreement" and a "security given through savings" agreement - The agreements entitled the caisse to effect compensation to reduce or eliminate Camvrac's indebtedness to it if Camvrac defaulted on its line of credit - On November 25, 2000, Camvrac was in default - On February 7, 2001, Camvrac made an assignment in bankruptcy - On February 21, 2001, the caisse effected compensation on the term deposit - On June 12, 2001, the Crown gave the caisse notice to pay amounts owing to the Crown for unremitted employment insurance premiums and income tax deducted at source by Camvrac from the proceeds of the term deposit that the Crown asserted was subject to its deemed trust under s. 227(4.1) of the Income Tax Act (ITA) and s. 86(2.1) of the Employment Insurance Act (EIA) - The caisse challenged the recovery process - At issue was whether the caisse's contractual right to effect compensation was a "security interest" within the meaning of s. 224(1.3) of the ITA - The Supreme Court of Canada, having determined that the agreements between the caisse and Camvrac created a security interest within the meaning of s. 224(1.3) of the ITA and that the deemed trust covered all unremitted source deductions up to and including February 21, 2001, rejected the caisse's argument that the law of Quebec regarding prejudgment interest applied - Indebtedness under the ITA and EIA gave rise to a cause of action outside of a particular province - The rules regarding prejudgment interest in s. 36(2) and s. 37(2) of the Federal Courts Act applied - See paragraph 62.

Words and Phrases

Security interest - The Supreme Court of Canada discussed the definition of "security interest" as found in s. 224(1.3) of the Income Tax Act, R.S.C. 1985 (5th Supp.), c. 1 - See paragraphs 8 to 17.

Cases Noticed:

Saulnier (Bankrupt), Re, [2008] 3 S.C.R. 166; 381 N.R. 1; 2008 SCC 58, refd to. [para. 11].

Husky Oil Operations v. Minister of National Revenue et al., [1995] 3 S.C.R. 453; 188 N.R. 1; 137 Sask.R. 81; 107 W.A.C. 81, refd to. [para. 11].

Royal Bank of Canada v. Sparrow Electric Corp., [1997] 1 S.C.R. 411; 208 N.R. 161; 193 A.R. 321; 135 W.A.C. 321, refd to. [paras. 14, 78].

Dagg v. Canada (Minister of Finance), [1997] 2 S.C.R. 403; 213 N.R. 161, refd to. [para. 15].

Telford v. Holt, [1987] 2 S.C.R. 193; 78 N.R. 321; 81 A.R. 385, refd to. [para. 20].

DaimlerChrysler Financial Services (Debis) Canada Inc. v. Mega Pets Ltd. et al. (2002), 166 B.C.A.C. 298; 271 W.A.C. 298; 212 D.L.R.(4th) 41; 2002 BCCA 242, refd to. [para. 46].

Caisse populaire Desjardins de Val-Brillant v. Blouin, [2003] 1 S.C.R. 666; 305 N.R. 1; 2003 SCC 31, refd to. [paras. 46, 111].

First Vancouver Finance v. Minister of National Revenue et al., [2002] 2 S.C.R. 720; 288 N.R. 347; 219 Sask.R. 185; 272 W.A.C. 185; 2002 SCC 49, refd to. [paras. 59, 94].

Markevich v. Minister of National Revenue, [2003] 1 S.C.R. 94; 300 N.R. 321; 2003 SCC 9, appld. [paras. 62, 74].

Canada (Procureur général) v. Caisse populaire d'Amos et al. (2004), 324 N.R. 31; 2004 FCA 92, refd to. [para. 74].

Canadian Pacific Ltd. and Incan Ships Ltd. v. Quebec North Shore Paper Co. and Quebec and Ontario Transportation Co., [1977] 2 S.C.R. 1054; 9 N.R. 471, refd to. [para. 81].

Canada v. McNamara Construction (Western) Ltd. et al., [1977] 2 S.C.R. 654; 13 N.R. 181, refd to. [para. 81].

R. v. S.A.C., [2008] 2 S.C.R. 675; 377 N.R. 361; 267 N.S.R.(2d) 202; 853 A.P.R. 202; 2008 SCC 47, refd to. [para. 83].

Reagan v. Murphy (1958), 105 So.2d 210, refd to. [para. 90].

Harwood Oil and Mining Co. v. Black (1960), 124 So.2d 764, refd to. [para. 90].

Minister of National Revenue v. Alberta (Treasury Branches) et al., [1996] 1 S.C.R. 963; 196 N.R. 105; 184 A.R. 1; 122 W.A.C. 1, refd to. [para. 94].

Royal Bank of Canada v. First Pioneer Investments Ltd., [1984] 2 S.C.R. 125; 54 N.R. 255; 5 O.A.C. 195, refd to. [para. 97].

518718 Alberta Ltd. v. Canadian Forest Products Ltd. (1998), 231 A.R. 21; 63 Alta. L.R.(3d) 371; 1998 ABQB 619, refd to. [para. 106].

Green (A.L.) Ltd. v. Michaud, [1975] C.A. 432, refd to. [para. 142].

Banque Royale du Canada v. Béliveau, [1976] C.A. 539, refd to. [para. 142].

Bandera Investment Co. v. Société immobilière du Québec, J.E. 98-1667 (Sup. Ct.), refd to. [para. 142].

Seigneur v. Immeubles Beneficial Ltée, [1994] R.J.Q. 1535 (C.A.), refd to. [para. 143].

Banque Nationale de Canada v. Notre-Dame-du-Lac (Ville) (1990), 31 Q.A.C. 45 (C.A.), refd to. [para. 143].

Banque de Montréal v. Walsh & Brais Inc., [1990] R.L. 119 (C.A.), refd to. [para. 143].

D.I.M.S. Construction Inc. (Bankrupt) v. Quebec (Attorney General), [2005] 2 S.C.R. 564; 2005 SCC 52, refd to. [para. 144].

Ching v. Jeffery (1885), 12 O.A.R. 432 (C.A.), refd to. [para. 146].

Canadian Admiral Corp. v. Dommerich (L.F.) & Co., [1964] S.C.R. 238, refd to. [para. 146].

Toronto-Dominion Bank v. Block Brothers Contractors Ltd. (1980), 118 D.L.R.(3d) 311 (Alta. Q.B.), refd to. [para. 146].

Board of Industrial Relations v. Avco Financial Services Realty Ltd. and Homeplan Realty Ltd., [1979] 2 S.C.R. 699; 28 N.R. 140, refd to. [para. 149].

Dauphin Plains Credit Union Ltd. v. Xyloid Industries Ltd. and R., [1980] 1 S.C.R. 1182; 31 N.R. 301; 3 Man.R.(2d) 283, refd to. [para. 149].

Statutes Noticed:

Income Tax Act, R.S.C. 1985 (5th Supp.), c. 1, sect. 224(1.3) [para. 8]; sect. 227(4.1) [para. 9].

Authors and Works Noticed:

Austin, John, Lectures on Jurisprudence, or The Philosophy of Positive Law (Rev. 5th Ed. 1885), pp. 381 to 391 [para. 90].

Bastarache, Michel, Metallic, Naiomi, Morris, Regan, and Essert, Chris, The Law of Bilingual Interpretation (2008), pp. 42 ff. [para. 82].

Baudouin, Jean-Louis, and Jobin, Pierre-Gabriel, Les obligations (5th Ed. 1998), para. 981 [para. 22].

Baudouin, Jean-Louis, and Jobin, Pierre-Gabriel, Les obligations (6th Ed. 2005), pp. 962 [para. 141]; 966 [para. 94]; 1053 [para. 100]; 1057 [para. 135].

Bélanger, André, Essai d'une théorie juridique de la compensation en droit civil québécois (2004), pp. 189 [para. 141]; 299 [para. 100].

Bonneau, Thierry, Droit bancaire (7th Ed. 2007), p. 294 [para. 145].

Brierley, John E.C., Title Six: Certain patrimonies by appropriation - Articles 1256-1298 in Reform of the Civil Code (1993), vol. 1-B, p. 17 [para. 95].

Ciotola, Pierre, and Leduc, Antoine, Arrêt Val-Brillant: évolution ou régression de l'hypothèque mobilière avec dépossession en droit civil québécois, in Frenette, F., and Normand, S., Mélanges offerts au professeur François Frenette: études portant sur le droit patrimonial (2006), pp. 361 [para. 127]; 421 [para. 128].

Claxton, John B., Studies on the Quebec Law of Trust (2005), pp. 553 to 555 [para. 95].

Coté, Pierre-André, Interpretation of Legislation in Canada (3rd Ed. 2000), p. 327 [para. 83].

Crawford, Bradley, The Law of Banking and Payment in Canada (2008 Looseleaf Ed.), vol. 2, § 9:30.20 [para. 32].

Cuming, Ronald C.C., Walsh, Catherine, and Wood, Roderick, J., Personal Property Security Law (2005), generally [paras. 53, 124]; pp. 1 [para. 114]; 62, fn. 21 [para. 97]; 85 [para. 91]; 86 [paras. 91, 124]; 87 [paras. 38, 107]; 511 [para. 90].

Denault, Philippe, La recherche d'unité dans l'interprétation du droit privé fédéral: Cadre juridique et fragments du discours judiciaire (2008), pp. 38 [para. 81]; 117 [para. 86].

Derham, S. Rory, The Law of Set-Off (3rd Ed. 2003), paras. 16.80 [para. 108]; 16.82 [paras. 24, 38]; 16.85 [para. 144]; 16.86 [para. 25].

Deschamps, Michel, Le nouveau régime québécois des sûretés sur des valeurs mobilières, (March 19, 2009) (on-line: http://www.chairedunotariat.qc.ca/fr/conferences/mois/032009/Deschamps.pdf.), p. 4, fn. 12 [para. 129].

Duboc, Guy, La compensation et les droits des tiers (1989), pp. 169, para. 239 [para. 144]; 244 to 247, paras. 360 to 364 [para. 103].

François, Jérome, Annotation to Cass. com., June 3, 1997, D. 1998; Jur. 61, generally [para. 145].

Frenette, F., and Normand S., Mélanges offerts au professeur François Frenette: études portant sur le droit patrimonial (2006), pp. 361 [para. 127]; 421 [para. 128].

Ghestin, Jacques, Traité de droit civil - Les obligations: Les effets du contrat (1992), No. 602, p. 589 [para. 147].

Goode, Royston Miles, Goode on Legal Problems of Credit and Security (4th Ed. 2008), pp. 12 [paras. 90, 91]; 13 [paras. 38, 107]; 35 [para. 96]; 174 [para. 123].

Grottenthaler, Margaret E., and Henderson, Philip J., The Law of Financial Derivatives in Canada (8th Ed. 2003) (2008 Looseleaf Update, Release 1), pp. 5-3, 5-4 [para. 151].

Gower, Laurence Cecil Bartlett, and Davies, Paul, The Principles of Modern Company Law (7th Ed. 2003), p. 809 [para. 97].

Hohfeld, Wesley Newcomb, Fundamental Legal Conceptions as Applied in Judicial Reasoning (1917), 26 Yale L.J. 710, pp. 714, 715 [para. 90].

Holland, Thomas Erskine, The Elements of Jurisprudence (12th Ed. 1916), pp. 146 to 147 [para. 90].

Honorat, A., Commentary on Cass.com., December 9, 1997, Bull. civ. 95-12.651, no. 327, in Redressement et liquidation judiciaires, D. 1998.C-36.325, generally [para. 145].

Houin, R., Annotation to Cass. civ., July 13, 1942, J.C.P. 1943.II.2157, generally [para. 145].

Karim, Vincent, Les obligations (2nd Ed. 2002), vol. 2, pp. 749, arts. 1497 to 1707 [para. 100]; 750 [paras. 100, 142]; 773 [para. 141].

Lafond, Pierre-Claude, Précis de droit des biens (2nd Ed. 2007), paras. 422, 423, 440 to 447 [para. 89].

Lamontagne, Denys-Claude, Biens et propriétés (6th Ed. 2009), paras. 103, 104 [para. 89].

Lamoureux, Martin, The Income Tax Act, the Excise Tax Act and the Term Interest: An Interesting Case for Harmonization, in The Harmonization of Federal Legislation with Quebec Civil Law and Canadian Bijuralism - Collection of Studies in Tax Law (2001), generally [para. 45]; pp. 7:9 [para. 87]; 7:22 [para. 88].

Lluelles, Didier, and Moore, Benoît, Droit des obligations (2006), pp. 1548 [para. 100]; 2701 [para. 135]; 3176 [para. 141].

Macdonald, Roderick A., Contemporary Utilisation of the Non-Corporate Vehicles of Commerce (1977), pp. 155, 203, 204 [para. 95].

Macdonald, Roderick A., Reconceiving the Symbols of Property: Universalities, Interests and Other Heresies (1994), 39 McGill L.J. 761, generally [para. 90].

Macdonald, Roderick A., The Security Trust: Origins, Principles and Perspectives, in Contemporary Utilisation of the Non-Corporate Vehicles of Commerce (1977), pp. 155, 203, 204 [para. 95].

Martel, Paul, Business Corporations in Canada: Legal and Practical Aspects (2005), pp. 32-14, 32-15 [para. 97].

Martin, Didier R., Contrats et obligations, Juris-classeur Procédure civile (1995), fasc. 108 to 111, art. 1289 to 1293, p. 14, No. 75 [para. 145].

Martin, Didier, Des téchniques d'affection en garantie des soldes de comptes bancaires, D.1987.Chron.229, generally [para. 145].

Morel, André, La rédaction de lois bilingues harmonisées avec le droit civil, in The Harmonization of Federal Legislation with Quebec Civil law and Canadian Bijuralism - Collection of Studies (1997), pp. 309, 313 [para. 81].

Palmer, Kelly R., The Law of Set-Off in Canada (1993), pp. 263 to 264 [para. 22].

Paton, George Whitecross, A Text-Book of Jurisprudence (2nd Ed. 1951), pp. 232 to 236 [para. 90].

Payette, Louis, Les sûretés réelles dans le Code civil du Québec (2nd Ed. 2001), pp. 380 to 386, 390, 391 [para. 127]; 387, 388, 389 [paras. 97, 127]; 815 to 820 [para. 97].

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Pratte, Denise, L'hypothèque avec dépossession de créance non représentées par un titre négociable ou le retour à une fiction accommodante, in Frenette, F., and Normand, S., Mélanges offerts au professeur François Frenette: études portant sur le droit patrimonial (2006), p. 421 [para. 128].

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Counsel:

Reynald Auger and Jean-Patrick Dallaire, for the appellant;

Pierre Cossette and Guy Laperrière, for the respondent.

Solicitors of Record:

Langlois Kronström Desjardins, Lévis, Quebec, for the appellant;

Canada Department of Justice, Montréal, Quebec, for the respondent.

This appeal was heard on February 29, 2008, by McLachlin, C.J.C., Binnie, LeBel, Deschamps, Fish, Charron and Rothstein, JJ., of the Supreme Court of Canada. On June 19, 2009, the decision of the Supreme Court of Canada was delivered in both official languages with the following opinions:

Rothstein, J. (McLachlin, C.J.C., Binnie, Fish and Charron, JJ., concurring) - see paragraphs 1 to 64;

Deschamps, J. (LeBel, J., concurring), dissenting - see paragraphs 65 to 158.

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    • October 30, 2009
    ...326; British Columbia v. Henfrey Samson Belair Ltd., [1989] 2 S.C.R. 24; Caisse populaire Desjardins de l’Est de Drummond v. Canada, 2009 SCC 29, [2009] 2 S.C.R. Statutes and Regulations Cited Act respecting the Ministère du Revenu, R.S.Q., c. M‑31, ss. 20, 23, 24. Act respecting the Québec......
  • KBR Industrial Canada Co v Air Liquide Global E&C Solutions Canada LP, 2018 ABQB 257
    • Canada
    • Court of Queen's Bench of Alberta (Canada)
    • April 4, 2018
    ...free to contract whatever result they wish. [34] This view was endorsed in Caisse populaire Desjardins de l'Est de Drummond v. Canada, [2009] 2 SCR 94, 2009 SCC 29 at para 22, where the Supreme Court stated that a contract providing for a right of set-off is “to be interpreted by a court in......
  • Alberta (Justice and Solicitor General) v Bassett, 2019 ABQB 759
    • Canada
    • Court of Queen's Bench of Alberta (Canada)
    • September 30, 2019
    ...12. [34] The Minister also directs my attention to the decision of the Supreme Court of Canada in Chatterjee v Ontario (Attorney General), 2009 SCC 29 (the only civil forfeiture decision to be considered by the Supreme Court), and more specifically paragraph 51 as Reference may be made, how......
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5 firm's commentaries
  • Court Of Appeal Summaries (January 25 ' 29, 2021)
    • Canada
    • Mondaq Canada
    • February 2, 2021
    ...v. 1976 Debentureholders, 2008 SCC 69, Telford v. Holt, [1987] 2 S.C.R. 193, Caisse populaire Desjardins de l'Est de Drummond v. Canada, 2009 SCC 29 facts: Pursuant to an asset purchase agreement (the "APA") dated January 2018, the appellant Baylin acquired from the respondent Spacebridge v......
  • Do Set-Off Rights Create Security Interests?
    • Canada
    • Mondaq Canada
    • October 20, 2009
    ...cash collateral as the result of a recent Supreme Court of Canada ruling in Caisse populaire Desjardins de l'Est de Drummond v. Canada, 2009 SCC 29. The issue was whether an agreement between a lender and borrower with respect to set-off against a term deposit gave rise to a "security inter......
  • Focus On Insolvency/Restructuring Group - February, 2010
    • Canada
    • Mondaq Canada
    • March 31, 2010
    ...Right To Set Off By David Mann, David Legeyt In the recent decision of Ministre du Revenue national c. Caisse populaire du bon Counseil, 2009 SCC 29 ("Caisse populaire"), the Supreme Court of Canada (the "SCC") considered whether a lender's contractual rights in respect of its customer's te......
  • Supreme Court Of Canada Decision Reveals Risk Of Characterization Of Cash Collateral Arrangements As Creating Security Interests
    • Canada
    • Mondaq Canada
    • September 28, 2009
    ...for unremitted income tax and employment insurance at-source deductions Caisse populaire Desjardins de l'Est de Drummond v. Canada, 2009 SCC 29 On June 19, 2009 the Supreme Court of Canada released its decision in Caisse populaire Desjardins de l'Est de Drummond v. Canada. The issue was whe......
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11 books & journal articles
  • Table of cases
    • Canada
    • Irwin Books Personal Property Security Law - Third Edition
    • July 26, 2022
    ...Acceptance Corporation du Canada ltée, 2007 QCCA 1342 .................. 94, 95 Caisse populaire Desjardins de l’Est de Drummond v Canada, 2009 SCC 29 ................................... xxviii, 98, 99, 150, 152 –53, 154, 724, 725 Caisse Populaire Desjardins de Val-Brilliant v Blouin, 2003 ......
  • Table of Cases
    • Canada
    • Irwin Books Archive Personal Property Security Law. Second Edition
    • June 18, 2012
    ...(1996), 28 OTC 48, 12 PPSAC (2d) 298, [1996] OJ No 4680 (Gen Div) .... 243 Caisse populaire Desjardins de l’Est de Drummond v Canada, 2009 SCC 29 ......................................................................................71–72, 95, 143, 145, 147, 148, 149, 666 Caisse Populaire De......
  • Bijuralism and Bilingualism in Canada: The Role of the Federal Courts
    • Canada
    • Irwin Books The Federal Court of Appeal and the Federal Court. 50 Years of History
    • October 4, 2021
    ...of the common law rule to the present case grants priority 201 Ibid . 202 Caisse populaire Desjardins de l’Est de Drummond v Canada , 2009 SCC 29, [2009] 2 SCR 94. 203 Grenon, above note 183 at para 67. 204 Caisse populaire Desjardins de l’Est de Drummond v Canada , above note 202 at para 1......
  • Waiting for globalization: an empirical study of the McLachlin court's foreign judicial citations.
    • Canada
    • Ottawa Law Review Vol. 41 No. 2, March 2010
    • March 22, 2010
    ...at 3. (71.) Lasser, "Transforming Deliberations," supra note 17 at 39. (72.) Caisse populaire Desjardins de l'Est de Drummond v. Canada, 2009 SCC 29, [2009] 2 S.C.R. 94, 309 D.L.R. (4th) (73.) Period considered is 8.5 years, not the full nine years; reduction of all counts to "per year" fig......
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