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The Ontario Superior Court's decision in Silva v Royal Bank of Canada examines whether regulatory compliance concerns and policy violations automatically justify dismissal for cause. When RBC terminated a long-serving financial planner following an investigation into client transactions and compliance practices, the Court scrutinized not only the alleged misconduct but also the fairness of the investigation and the substantial impact of regulatory reporting on the employee's future career prospects.

In its recently released Reasons for Decision in Mithaq Canada Inc. (Re) (the "Decision"), the Capital Markets Tribunal (Tribunal") articulated its reasons for denying an application...