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Transport Minister Omar Alghabra appears as a witness at the Public Order Emergency Commission, in Ottawa, on Nov. 23. PATRICK DOYLE/The Canadian Press Transport Minister Omar Alghabra met with members of the air transport sector to discuss measures to modernize and digitize the industry and to learn from the mistakes that led to major travel disruptions this summer. Alghabra, alongside minister Randy Boissonnault and parliamentary secretary Annie Koutrakis, led a national summit on the recovery of the air sector Thursday to discuss improvements to Canada’s air transportation, including transparency, accountability and passenger rights. Alghabra says that after the crisis of the COVID-19 pandemic, last summer the air industry faced a new crisis of congestion and delays. He says government officials and air transport actors discussed plans to improve ahead of the winter travel surge including modernizing the security screening process and digitizing the sharing of information. Over th...

A group of media companies is set to argue on Friday to the U.S. judge overseeing the FTX bankruptcy that they should be allowed to request that the collapsed crypto exchange make public the names of its customers. In seeking to intervene in the case, the New York Times, Dow Jones, Bloomberg and the Financial Times said bankruptcy law demands transparency. Letting customer names remain secret could turn bankruptcy proceedings into a “farce” if creditors start fighting anonymously over how much money they should get, the media companies wrote in a Delaware bankruptcy court filing. FTX has argued the usual U.S. bankruptcy practice of disclosing names, addresses and e-mail addresses of creditors, which includes customers, could expose them to scams and could violate privacy laws for those who live in Europe. The company has also said that disclosing identities of as many as 1 million customers would make it easier for a competitor to poach them, undermining the value of FTX’s platform w...

Operating and conducting your affairs in private is a fundamental human right – even for businesses. the globe and mail/iStockPhoto / Getty Images Martin Kenney is managing partner of Martin Kenney & Co., an investigative litigation practice based in the British Virgin Islands, specializing in global asset recovery. Across Europe, countries have been switching off public access to what are known as beneficial ownership registers, in response to a ruling from the continent’s top court, the European Court of Justice (ECJ). It’s a move that transparency campaigners are decrying , but which, after a 30-year background in battling economic criminals, I believe is a victory for common sense and the right to privacy. Other jurisdictions should take heed of the decision. Since 2018, a patchwork of systems, which we refer to as ultimate beneficial owner (UBO) registers, have been operating across the European Union. These registers list the names of people who ultimately own a company, an...

A group of media companies is set to argue on Friday to the U.S. judge overseeing the FTX bankruptcy that they should be allowed to request that the collapsed crypto exchange make public the names of its customers. In seeking to intervene in the case, the New York Times, Dow Jones, Bloomberg and the Financial Times said bankruptcy law demands transparency. Letting customer names remain secret could turn bankruptcy proceedings into a “farce” if creditors start fighting anonymously over how much money they should get, the media companies wrote in a Delaware bankruptcy court filing. FTX has argued the usual U.S. bankruptcy practice of disclosing names, addresses and e-mail addresses of creditors, which includes customers, could expose them to scams and could violate privacy laws for those who live in Europe. The company has also said that disclosing identities of as many as 1 million customers would make it easier for a competitor to poach them, undermining the value of FTX’s platform w...