Category: Industries

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AER Revises Eligibility Requirements for Acquiring and Holding Energy Licences and Approvals

December 7, 2017

On December 6, 2017, the Alberta Energy Regulator (AER) released a new edition of Directive 067 (New Directive), dealing with the eligibility requirements for acquiring and holding energy licences and approvals in Alberta. This was announced to the public though AER Bulletin 2017-21. The New Directive increases the scrutiny the AER will apply to ensure that licences and approvals are…

Bill 31: Alberta Beefs Up Its Consumer Protection Legislation

December 6, 2017

On November 29, 2017, the Alberta government introduced Bill 31: A Better Deal for Consumers and Businesses Act (Bill 31), which proposes a number of amendments to the Fair Trading Act (Act). The Alberta government simultaneously issued a statement to explain and provide additional context for the amendments (Statement). The proposed changes are in response to a consultation held from…

Bank of Canada Gets More Serious About Issuing a Digital Currency

December 6, 2017

On November 30, 2017, the Bank of Canada (BoC) released a staff white paper cautiously in favour of creating a central bank-issued digital currency (CBDC) for Canada. Referencing the continuing trend toward using electronic forms of payment in lieu of physical currency, the white paper explores the possible economic benefits of a CBDC and whether such benefits would justify the…

B.C. Announces Key Policies Relating to the Legalization of Recreational Cannabis

December 6, 2017

On December 5, 2017, the British Columbia government unveiled details on how recreational cannabis will be purchased, distributed and sold in the province, once legalized, which is expected to happen in July 2018. The B.C. government’s decisions follow the province’s consultation with nearly 50,000 British Columbians, 141 local and Indigenous governments and a range of other stakeholders. POLICY DECISIONS The…

A Look Inside OSFI’s Draft New Corporate Governance Guideline

December 5, 2017

­­­In November 2017, the Office of the Superintendent of Financial Institutions (OSFI) released for public comment a revised draft of its Corporate Governance Guideline (CG Guideline). The proposed revisions follow Superintendent Jeremy Rudi­n’s announcement in June 2016 that OSFI intended to streamline and simplify the governance guidance for federally regulated financial institutions. In the draft CG Guideline, OSFI provides a…

Alberta Court of Queen’s Bench Grants Mandatory Injunction Against Balancing Pool

November 23, 2017

On November 22, 2017, the Court of Queen’s Bench of Alberta (Court) issued a mandatory injunction in favour of ENMAX Energy Corporation (ENMAX) compelling the Balancing Pool of Alberta to, forthwith and in good faith, complete and communicate the result of its assessment and verification of ENMAX’s termination notice of the Keephills Power Purchase Arrangement issued on May 5, 2016….

Health Canada Releases Proposed Regulatory Framework for Cannabis

November 22, 2017

On November 21, 2017, Health Canada launched a public consultation on the much-anticipated regulatory approach for the proposed Cannabis Act, which will legalize and regulate the use of cannabis for recreational purposes (see our April 2017 Blakes Bulletin: Federal Government Introduces Cannabis Legislation for more information). The consultation paper (Paper) outlines a regulatory approach that builds on the significant consultations…

Is Your Lien Up to Code? B.C. Court Decisions Provide Clarity on Application of Builders Lien Act

November 20, 2017

The British Columbia Supreme Court (Court) recently released two decisions regarding the application of the Builders Lien Act (Act), providing clarity on limitation periods for filing a lien claim and the circumstances where an excessive lien claim can be discharged for lesser security. GREEN OAK In Green Oak Development Corp (West 7th) Corp. v. Hans Demolition & Excavating Ltd. (Inc….

Alberta Introduces New Legislation to Regulate Recreational Cannabis

November 17, 2017

On November 16, 2017, the Government of Alberta introduced Bill 26, An Act to Control and Regulate Cannabis (Bill), which contains the proposed regulatory framework for recreational cannabis sales in Alberta. The Bill seeks to amend the Gaming and Liquor Act (GLA) to govern the purchase, distribution, sale and consumption of recreational cannabis in the province and proposes a hybrid…

Quebec Introduces New Legislation to Regulate Recreational Cannabis

November 16, 2017

On November 16, 2017, the Government of Quebec tabled Bill 157, an Act to constitute the Société québécoise du cannabis, to enact the Cannabis Regulation Act and to amend various highway safety-related provisions (Bill), before the National Assembly of Quebec, to establish regulations governing the sale, distribution, cultivation and use of cannabis in the province. More specifically, the Bill constitutes…

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