Category: Industries

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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…

Securities Regulators Find Gaps in Non-GAAP and Distribution Disclosures by REITs and REOCs

April 26, 2018

The Canadian Securities Administrators (CSA) recently issued Staff Notice 52-329 Distribution Disclosures and Non-GAAP Financial Measures in the Real Estate Industry (Staff Notice), providing guidance on disclosure expectations relating to non-GAAP financial measures and distributions for real estate investment trusts and real estate operating companies (collectively, Real Estate Reporting Issuers). NON-GAAP FINANCIAL MEASURES                     The CSA is concerned when Real Estate…

A Roadmap to Canada’s Rapidly Changing Lobbying Landscape: Q1 Highlights

April 19, 2018

Canada’s lobbying landscape is rapidly changing — a number of amendments have recently come into force or been proposed that revise lobbying, election finance and conflict of interest requirements in Alberta, British Columbia, New Brunswick and Prince Edward Island. Additionally, the cities of Edmonton and Vaughan have also changed their lobbying registration requirements. PROVINCIAL CHANGES Alberta Bill 11, Lobbyists Amendment…

Financial Sector Legislative Reform Continues

April 4, 2018

On March 27, 2018, the federal government introduced Bill C-74, Budget Implementation Act, 2018, No. 1 (Bill), which includes proposed legislative changes that will be of interest to Canada’s financial sector. The Bill provides the government’s response to consultations undertaken in 2016 (see our August 2016 Blakes Bulletin: Canada’s Financial Sector: Legislation for the Future) and 2017 (see our August…

Infringement by Common Design: New Liability Under Canadian Patent Law?

March 27, 2018

Unlike in some other jurisdictions, Canada’s patent legislation (the Patent Act) does not explicitly specify all of the circumstances under which a patent may be held to be infringed. It has therefore fallen to Canadian courts to establish the principles governing the issue of infringement. Infringement by common design has not been, to date, recognized in Canada. However, two recent…

Securities Regulators Tell Aurora and CanniMed to Play by the (New) M&A Rules

March 26, 2018

The Financial and Consumer Affairs Authority of Saskatchewan and Ontario Securities Commission (together, the Commissions) recently released the highly-anticipated reasons for their decision relating to the unsolicited take-over bid (Aurora Offer) by Aurora Cannabis Inc. (Aurora) to acquire CanniMed Therapeutics Inc. (CanniMed). The decision is the first time since the new take-over bid rules were adopted in 2016 that the…

Key Highlights from Health Canada’s Cannabis Consultation

March 21, 2018

With the Cannabis Act (Act) slowly winding its way through the Senate, Health Canada has been ramping up its efforts to clarify and define the regulatory framework for cannabis. To support the implementation of the Act, in November, Health Canada released a consultation paper (Paper) outlining a proposed regulatory framework and soliciting public feedback on the raft of proposals (see…

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…

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