Category: Corporate & Commercial

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2018 Legal Trends: The Sharing Economy

June 12, 2018

As part of our quarterly series on current trends across different industries, our second article takes a closer look at the sharing economy and how this new economic model impacts suppliers, customers and platform providers in various ways. Here are a few legal trends to watch for as the sharing economy evolves.

Canada and Israel Sign Modernized Free Trade Agreement

June 7, 2018

Canada’s Minister of International Trade, François-Philippe Champagne, and Israel’s Minister of the Economy and Industry, Eli Cohen, recently signed the Protocol Amending the Canada-Israel Free Trade Agreement (Protocol). Once the Protocol is ratified by both governments, a modernized Canada-Israel Free Trade Agreement (CIFTA) will enter into force, benefitting businesses and exporters in Canada and Israel. WHAT’S NEW? When the original…

Canada Responds to New U.S. Steel Tariffs with Dollar-for-Dollar Measures Against Certain U.S. Imports

June 1, 2018

On May 31, 2018, the United States announced that it would be imposing tariffs on certain Canadian steel and aluminum products. Canada responded immediately by announcing that as of July 1, 2018, it will impose surtaxes or similar trade-restrictive countermeasures on steel, aluminum and other specified goods imported from the United States, with a value of up to C$16.6-billion. The…

Court of Appeal for Ontario Reaffirms Stringent Test for Piercing the Corporate Veil

May 28, 2018

In its recent decision in Yaiguaje v. Chevron Corporation, the Court of Appeal for Ontario (OCA) reaffirmed the principle of corporate separateness and confirmed the stringent requirements that must be proven in order to pierce the corporate veil. BACKGROUND In 2012, 47 Ecuadorian residents sought recognition and enforcement in the Ontario Superior Court of Justice of a US$9.51-billion judgment against…

Ontario’s New Construction Lien Act: An Update

April 18, 2018

There have been many developments since our original seminar on the proposed changes to the Construction Lien Act (Act). The final version of the Act reflected a number of changes proposed during the public consultation process. As a result, the Act as passed differed in some respects from the one discussed at the previous seminar. Draft regulations have now been…

Attorney General Electricity Battle Over PPAs in Alberta Comes to a Close

March 13, 2018

The Attorney General of Alberta (AG) and ENMAX have recently settled the legal proceedings brought in 2016 (AG Action) by the provincial government against several former buyers of power purchase arrangements (PPAs). The AG previously settled with various PPA buyers in November and December 2016. By a consent judgment filed March 9, 2018, the AG Action was dismissed against all…

Canada Signs the Comprehensive and Progressive Agreement for Trans-Pacific Partnership

March 9, 2018

On March 8, 2018, Canada signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an agreement between the 11 remaining signatories to the Trans-Pacific Partnership (TPP) after the United States withdrew from the TPP. Canada was joined in signing the CPTPP by Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Upon entry into force, the…

2018 Federal Budget: Selected Tax Measures

February 28, 2018

On February 27, 2018, the Minister of Finance introduced Canada’s 2018 Federal Budget (2018 Budget). The 2018 Budget includes measures affecting the taxation of passive income earned by private corporations, as was expected, although the changes are not as wide-spread as had been previously suggested. In addition, the 2018 Budget includes a mix of targeted anti-avoidance rules, legislative responses to…

Canadian Mergers and Acquisitions: FAQs and 2018 Trends

February 16, 2018

Our Canadian Mergers and Acquisitions: FAQs and 2018 Trends answers frequentlyasked questions regarding the regulation of public M&A in Canada and provides anoutlook for what 2018 may hold based on significant developments we observedfrom the Canadian deal environment in 2017.

Bill 101 Aims to Bring Mandatory Compensation Voting, Majority Voting and Diversity Disclosure to Ontario Companies

January 29, 2018

Bill 101, Enhancing Shareholders Rights Act, 2017 (Bill 101), a private member’s bill that has passed second reading in the Ontario Legislative Assembly, proposes changes to the Business Corporations Act (Ontario) (OBCA), including majority voting for directors, diversity disclosure and shareholder approval of binding compensation policies. Some of these proposed changes to the OBCA (Proposed OBCA Amendments) align with the…

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