Category:

Page: 2 of 73Page 2 de 7312345...102030...>>>

No Such Thing as March Break (2018) – Selected Corporate and Securities Law Developments

April 13, 2018

March was once again a busy month this year for corporate and securities law developments, with the publishing of staff notices by the Toronto Stock Exchange (TSX), the Ontario Securities Commission (OSC) and Canadian Securities Administrators (CSA), as well as developments regarding proposed amendments to the Canada Business Corporations Act (CBCA) that continued to make their way through the legislative…

B.C. Looks to Amend Its Employment Standards Act, Proposes Expanded Leave of Absences

April 12, 2018

On April 9, 2018, the British Columbia government introduced Bill 6, which seeks to amend the B.C. Employments Standards Act (ESA), to provide employees with more generous and flexible pregnancy, parental and compassionate care leaves. Bill 6 also creates new job-security protections for parents upon the death or crime-related disappearance of their child. The changes to the ESA bring British…

Foreign Policy: Canadian Securities Administrators Release New Foreign Issuer Exemption

April 11, 2018

The Canadian Securities Administrators (CSA) announced they will amend National Instrument 45-102 – Resale Restrictions (NI 45-102) and Companion Policy to NI 45-102 (45-102CP) (Amendments) to provide for a new prospectus exemption for the resale of securities (and underlying securities) by a “foreign issuer”, thus making it easier for Canadian investors to participate in prospectus-exempt offerings by foreign issuers. The…

Judge Questions Whether Ontario’s “Anti-SLAPP” Law Strikes the Right Balance

April 11, 2018

In a recent Ontario Superior Court of Justice decision, Justice E.M. Morgan used Ontario’s new “anti-SLAPP” laws to dismiss a defamation action against The Globe and Mail (Globe). In doing so, however, Justice Morgan raised concerns about whether the law, as he was required to apply it, fulfills its intended purpose of encouraging participation and expression on matters of public…

2018 Quebec Budget: Non-Quebec Residents Required to Register under Provincial Sales Tax Regime

April 11, 2018

The Quebec government recently tabled its 2018-2019 budget (Budget), which announced a number of tax measures, including an initiative to expand the scope of the Quebec sales tax regime (QST) by introducing an obligation for non-residents of the province to register, collect and remit under certain circumstances, the QST on supplies made in the province. The QST regime is the…

International Commercial Arbitration Act Amendments to Make B.C. Even More Arbitration-Friendly

April 10, 2018

On April 9, 2018, the Government of British Columbia introduced Bill 11, International Commercial Arbitration Amendment Act, to amend the International Commercial Arbitration Act (ICAA), which has been in effect since 1996. The amended ICAA will include new provisions that are designed to align the legislative regime in British Columbia with current international best practices and to make B.C. a more desirable venue for…

Alberta Announces Temporary Solvency Funding Relief for Defined Benefit Pension Plans

April 10, 2018

The Alberta Superintendent of Pensions (Superintendent) recently announced long-anticipated measures providing potential funding relief to sponsors of Alberta-registered defined benefit plans. In September 2017, the Superintendent granted sponsors of defined benefit pension plans a six-month filing extension for actuarial valuation reports required as of December 31, 2016, in order to further study whether circumstances warranted the provision of temporary funding…

Canada’s Competition Bureau and Investment Review Division Increasing Cooperation, Information Sharing

April 9, 2018

Canada’s Competition Bureau (Bureau) and the Investment Review Division of Innovation, Science and Economic Development Canada (IRD) are increasingly cooperating and communicating when reviewing large foreign investments into Canada. To this end, on April 6, 2018, the two agencies released an Administrative Note formalizing a number of key procedural considerations for foreign investors. Under the Investment Canada Act (ICA), controlling…

Modern Treaty Rights Prevail Over Duty to Consult First Nations Asserting Aboriginal Rights

April 9, 2018

What happens when a First Nation asserts aboriginal rights or title that conflict with another First Nation’s rights under a modern treaty? In its recent decision, Gamlaxyeltxw v. British Columbia (Minister of Forests, Lands & Natural Resource Operations), the British Columbia Supreme Court (Court) ruled that in these circumstances, the “treaty right must prevail over the duty to consult [the…

CSA Announce Policy Projects to Reduce Regulatory Burden for Public Companies

April 6, 2018

The Canadian Securities Administrators (CSA) recently published Staff Notice 51-353 – Update on CSA Consultations Paper 51-404 Considerations for Reducing Regulatory Burden for Non-Investment Fund Reporting Issuers (Notice), which sets out a number of upcoming CSA policy projects intended to reduce the regulatory burden associated with capital raising in public markets (i.e., prospectus-related requirements) and the ongoing costs (i.e., continuous…

Page: 2 of 73Page 2 de 7312345...102030...>>>