The article looks at how securities class actions in Canada have changed since laws were updated. It compares cases involving Canadian companies in Canada and the U.S. It also talks about how insurance for company directors and officers has been affected. Canadian companies listed in the U.S. may face more uncertainty about lawsuits. The article shows that Canadian companies have lower litigation risks than U.S. companies, but those listed in the U.S. may still face challenges. Liability caps on costs play a big role in where lawsuits are filed.