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IIROC Making Fine Progress in Monetary Collection Efforts

May 17, 2018

The Investment Industry Regulatory Organization of Canada (IIROC) recently released its Annual Enforcement Report (Report), which highlights IIROC’s efforts to increase its rate of collection on monetary fines, including through increased legal authority to collect unpaid fines through the provincial court systems. INCREASED LEGAL AUTHORITY As detailed in the Report, since January 2017, IIROC has been granted enhanced enforcement capabilities…

CRA Publishes Excise Duty Guidance and Licence Applications for Cannabis Producers

May 16, 2018

On May 14, 2018, the Canada Revenue Agency (CRA) published its first guidance for cultivators, producers and packagers of cannabis products, as well as the application forms for excise duty licences and the cannabis excise stamping regime. The CRA has also committed to publishing at least one additional excise duty notice to explain how the proposed additional cannabis duty, which…

Competition Law Compliance: Canada’s Competition Bureau Releases New Draft Immunity and Leniency Programs

May 14, 2018

In today’s enforcement climate, it is critical that businesses adopt and adhere to a competition law compliance policy that accords with the Competition Bureau’s 2015 bulletin on Corporate Compliance Programs. That’s the message from the Competition Bureau (Bureau), which on May 8, 2018, released a new draft of its Immunity and Leniency Programs (Draft Programs). The Draft Programs apply to…

Ontario to Revoke New Holiday Pay Calculation Rule

May 8, 2018

The Ontario government has announced that it will reverse a Bill 148 amendment on the calculation of public holiday pay. The Bill 148 amendment, which came into force on January 1, 2018, was highly criticized by employers as costly and confusing. For example, the Bill 148 calculation required the payment of a full day of pay to any part-time worker…

Careless Whispers: Ex Parte Communications Lead to Overturned Arbitration Award

May 3, 2018

In its recent decision in Hunt v. The Owners, Strata Plan LMS 2556, the British Columbia Court of Appeal (BCCA) held that private communications between an arbitration panel and only one party to the arbitration can give rise to a reasonable apprehension of bias, rendering the arbitration award void and unenforceable.   BACKGROUND The arbitration was between the owners of a…

Quebec Unveils Draft Regulations, Proposes New Changes to Further Strengthen Consumer Protections

April 30, 2018

The Quebec government is further revising and strengthening its consumer protection regime and is seeking industry feedback on its recently released draft Regulation respecting the application of the Consumer Protection Act (Draft Regulation) and Bill 178, An Act to amend various legislative provisions concerning protection (Bill 178). Many of the changes contemplated by Bill 134, An Act mainly to modernize…

Cannabis Update: B.C. Rolls Out Cannabis Legislation and Retail Branding

April 27, 2018

On April 26, 2018, British Columbia released proposed legislation to provide for legal, controlled access to non-medical cannabis. The B.C. Liquor Distribution Branch (LDB) concurrently announced that, once legalized, public cannabis stores and online retail sales of non-medical cannabis will operate under the brand “BC Cannabis Stores.” ROLLING OUT PROVINCIAL LEGISLATION Bill 30 proposes the enactment of the Cannabis Control…

FSCO’s Draft Guideline for Financial Services: 8 Principles for Fair Treatment

April 27, 2018

The Financial Services Commission of Ontario (FSCO) recently requested industry feedback on a proposed Superintendent Guideline, titled Treating Financial Services Consumers Fairly (Proposed Guideline). The purpose of the Proposed Guideline is to ensure there is common understanding between FSCO and the businesses and individuals it regulates (Licensees) as to what it means to treat consumers fairly. To that end, the…

New B.C. Legislation Proposes Multi-Jurisdictional Opt-Out Class Actions

April 27, 2018

INTRODUCTION Recently, the Government of British Columbia introduced Bill 21, 2018 Class Proceedings Amendment Act, to amend the Class Proceedings Act, R.S.B.C. 1996 (amended CPA). The bill received third reading on April 26, 2018. The amended CPA will permit national opt-out classes to be certified by the B.C. courts, which is a significant change from the current requirement that non-resident class…

Canada Looks to Foster Innovation, Business Growth with New IP Strategy

April 27, 2018

On April 26, 2018, the Government of Canada unveiled its long-awaited intellectual property (IP) strategy, through which the government intends to increase IP awareness and foster an ecosystem that supports business growth, innovation and competition.  The government recognized that IP is a valuable business asset and an IP strategy is critical in helping companies and national economies grow and succeed…

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