11:19:51 EDT Thu 15 Oct 2026
Enter Symbol
or Name
USA
CA



National Bank of Canada
Symbol NA
Shares Issued 381,793,215
Close 2026-10-14 C$ 200.54
Market Cap C$ 76,564,811,336
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Globe says Nat Bank sees Grewal sued by father-on-law

2026-10-15 09:01 ET - In the News

The Globe and Mail reports in its Thursday edition that former Liberal MP Rajvinder Grewal faces legal issues as his father-in-law claims $1-million in damages for mortgage fraud and identity theft. The Globe's Shane Dingman writes that Kailash Kasal has filed three lawsuits alleging that his son-in-law fraudulently used Mr. Kasal's businesses and properties to borrow tens of millions of dollars. There are more than 30 civil suits that name Mr. Grewal as a defendant in connection with about $17-million in funds allegedly diverted from clients of RSG Law, the law firm that he founded, along with close to $200-million more in unpaid loans. None of the allegations have been tested in court. Mr. Grewal is also a defendant in civil suit brought by National Bank of Canada in June. National Bank is seeking the return of $4.1-million in mortgage funds the bank alleges were fraudulently diverted to a number of companies, including $195,000 that was sent to a truck stop owned by Mr. Kasal in January, 2025. In a Sept. 25 affidavit, Mr. Kasal, who denies knowledge of the truck stop transaction, mentioned another instance where a multi-million dollar loan was added to his property, claiming he never received the $13.5 million.

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