The applicant, an 84-year-old investor, alleged that the respondents discriminated against him on the basis of age by using age as a factor when recommending against his leveraged investment strategy.
The Tribunal held a summary hearing to determine if the application had a reasonable prospect of success.
The Tribunal found that considering age as one factor among others (such as net worth, income, and risk tolerance) to match investment advice with the lived reality of the investor does not constitute substantive discrimination under the Human Rights Code.
The application was dismissed for having no reasonable prospect of success.
