Canada

Litigation finance across four Canadian provinces.

Reference for BC, Ontario, Alberta, and Quebec: law firm capital and commercial litigation finance, with separate models for common-law and civil-law jurisdictions.

Canada's litigation finance market is expanding rapidly. Outcome models are trained on legal data, including provincial cases across all four primary markets, including a dedicated civil-law model set for Quebec.

Financing Types in Canada
Law Firms
Law Firm Capital
Working capital and disbursement funding for plaintiff firms in BC, Ontario, Alberta, and Quebec. Structured around contingency fee and conditional billing frameworks.
Commercial
Commercial Litigation Finance
Single-case and portfolio funding for Canadian commercial disputes. BC Supreme Court, Ontario Superior Court, and Court of King's Bench (Alberta) coverage.
Class Actions
Class Action Funding
Canadian class proceedings under provincial class proceedings acts. Certification strategy and settlement curve modeling are relevant to funded class matters.
Quebec
Quebec Civil Law
Quebec operates under the Civil Code — a distinct legal tradition from common-law provinces. Criterica Capital maintains separate underwriting models for Quebec civil proceedings.
Canadian Market Context

Canada's litigation finance industry has grown sharply since 2020, driven by increased commercial litigation, active class action dockets in BC and Ontario, and rising demand for law firm working capital facilities.

Champerty and maintenance doctrines have been substantially relaxed in common-law provinces, with Ontario and BC providing the clearest regulatory frameworks for third-party funding agreements.

Quebec operates under the Civil Code and Code of Civil Procedure, requiring separate models and distinct due diligence. Criterica Capital uses separate models for Quebec civil proceedings.

Coverage Details
Provinces
BC, Ontario, Alberta, Quebec
Primary courts
BC Supreme Court, ON Superior Court, AB King's Bench, QC Superior Court
Federal courts
Federal Court, Federal Court of Appeal
Legal traditions
Common law (BC/ON/AB) + Civil law (QC)
Models trained
CA outcome models across 4 provinces
Min. case value
CAD 100,000
How We Underwrite

Every financing request Criterica Capital prepares is evaluated against outcomes, not collateral. Our models are trained on real court records across US federal courts, state courts, and international jurisdictions.

We assess jurisdiction-level recovery rates, case-type outcome distributions, time-to-resolution curves, and attorney performance history before a request is prepared for independent capital providers.

01
Outcome models
Predictive models for each case type and jurisdiction
02
Court record depth
Verified decisions used in model training
03
Jurisdiction calibration
Circuit, district, and state-level recovery benchmarks
04
Recovery modeling
Expected value, settlement range, and duration estimates per case
Discuss Canadian litigation funding.
Contact Our Team