This case comment deals with the following issues: 1) At what point will a bank become liable to unpaid sub-trades of a general contractor client for knowing receipt of trust funds; 2) When acting pursuant to an assignment of book debts from the general contractor what steps must a bank take to collect monies owing to the general contractor; and 3) Can a bank owe a fiduciary duty to the unpaid sub-trades of the general contractor?

type Case Comment - Provincial Drywall Supply Ltd. v. Toronto-Dominion Bank, [2001] M.J. No. 112; 2001 MBCA 38 (Man. C.A.)