How has the court interpreted the meaning and scope of the word "security" in the Canada Security Act?
Ontario, Canada
The following excerpt is from Universal Settlements International Inc., 2006 ONSEC 18 (CanLII):
The court quoted with approval the statement in Tchereprin v. Knight (1967), 389 U.S. 332 at p. 336: ... in searching for the meaning and scope of the word "security" in the Act, form should be disregarded for substance and emphasis should be on economic reality. (p. 538)
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