In 2015, Omni Bridgeway opened the first litigation finance office in
   Canada’s history. Omni’s overarching goal was to offer access to
   Canada’s justice system. Since then, demand for investment in the
   Canadian litigation finance industry has continued to grow
   exponentially. Sophisticated, bespoke solutions are being developed in
   Canada to support marketplace innovation.

   [1]Omni Bridgeway’s new insights into the Canadian ligation finance
   industry suggest that ‘funding is not a monolith.’ All metrics point to
   the market supporting a cornucopia of different products and services
   to fit a variety of client needs in the space. Canada’s litigation
   finance space was born by funding large meritorious cases that afforded
   access to the risky enterprise of litigation. Litigation finance
   investment now serves as a risk mitigation tool in Canada.

   A basket of litigation claims can serve as a cross-collateralization
   facility. Anchoring a portfolio of cases can produce multiple returns
   for future firm and investor success stories.  AmLaw 100 firms are
   starting to embrace pooling portfolios for even grander return
   expectations over the long term. Similarly, the evolution of Canada’s
   litigation finance space is begging the question of what other
   financial products are needed to meet opportunities for revenue
   generation.

References

   1. https://omnibridgeway.com/insights/blog/blog-posts/blog-details/global/2022/03/02/identifying-the-opportunities-and-challenges-for-funding-in-canada