One of the hottest issues in Canadian employment law in the past two years has been overtime class-action claims. As we outlined in our October 7, 2008, entry, 2007 saw three overtime class-action lawsuits
- a $651 million class-action lawsuit filed against the Canadian Imperial Bank of Commerce (CIBC), followed quickly by a $20 million class action against KPMG,
- and then a $350 million class action against a second major Canadian Bank, Scotiabank. Further class actions were filed in 2008 â€“ against CN Railway in March 2008 for $250 million,
- and another against CIBC (this time by the investment bankers and analysts) in October 2008 for $360 million.