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Katz v. Vancouver Stock Exchange

[1996] 3 SCR 405 Court SCC Decision date 1996-10-03 Docket 25014 English

PartiesAndrew Sim Katz Appellant·The Vancouver Stock Exchange Respondents·the British Columbia Securities Commission Respondents·the Superintendent of Brokers Respondents·The Attorney General of Manitoba and the Attorney General of British Columbia Interveners

Judges Lamer, Antonio; La Forest, Gérard V.; L'Heureux-Dubé, Claire; Sopinka, John; Gonthier, Charles Doherty; Cory, Peter deCarteret; McLachlin, Beverley; Iacobucci, Frank; Major, John C.

Delivered by Iacobucci J.

On appeal from British Columbia

Subjects Administrative law

Contents

Iacobucci J.

Iacobucci J. ‑‑ We agree with the British Columbia Court of Appeal that the practice of the tribunal in question is one of the many factors to consider in determining whether the necessary degree of independence is present to avoid creating a perception of reasonable apprehension of bias. We also agree with the British Columbia Court of Appeal that the situation in this case, particularly its self‑regulatory context, is quite different from that which was present in Canadian Pacific Ltd. v. Matsqui Indians Band, [1995] 1 S.C.R. 3.
Consequently, for these reasons and substantially for the reasons of the British Columbia Court of Appeal, we would dismiss the appeal with costs.

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