Does a bank have the liberty to advance its own interest ahead of that of a customer?

Ontario, Canada


The following excerpt is from Royal Bank of Canada v. Ederick Associates Inc., 2014 ONSC 2414 (CanLII):

In a typical transaction between a bank and a customer, a bank has the liberty of advancing its own interest ahead of that of its customer in its dealings with the latter: Bank of Montreal v. Witkin, at para. 55.

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