July 12, 2018
Prudent investors may gain an advantage by leveraging their knowledge of differences in private M&A market practices between Canadian and U.K.-style purchase agreements. While Canadian M&A takes many cues from the United States and Europe, it is not a carbon copy of either. This article provides an overview of the key differences between the two jurisdictions.
June 14, 2018
The Toronto Stock Exchange (TSX) recently released proposed amendments (Proposed Amendments) to Part X — Special Purpose Acquisition Corporations (SPACs) of the TSX Company Manual (Manual). Notable changes include codifying exemptions previously provided to SPACs and removing the requirement for shareholder approval of a qualifying acquisition subject to certain requirements. The TSX is seeking public comments and responses to certain…
June 7, 2018
The panel reviews and discusses some of the important developments in Canadian public M&A in the past year. Topics: An update on recent trends in the Canadian public M&A market Court and securities commission decisions on bids, arrangements and the M&A process Fairness opinions in the post-Interoil world Recent initiatives by the securities regulatory authorities Guest Speaker: Naizam Kanji, Director, Office…
May 9, 2018
Notwithstanding the close ties between Canada and the United States, there is a difference in the way that mergers are reviewed on either side of the border — which is important because a significant number of mergers are reviewed by both the Canadian Competition Bureau and the U.S. antitrust agencies. This article originally appeared in the Spring 2018 issue of…
March 29, 2018
As predicted, Canadian private M&A picked up steam in 2017, owing to a marked increase in acquisitions by non-Canadian financial and strategic buyers. This may be due in part to stability in Canada’s financial and governance systems as well as exponential growth in the tech sector. While Canadian M&A takes many cues from the United States and Europe, it is…
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…
March 8, 2018
On March 6, 2018, the Federal Court of Appeal (Court) released its reasons in Iggillis Holdings Inc. v. Canada (National Revenue) confirming common interest privilege as a valid exception to waiver in non-litigious circumstances. More specifically, in certain circumstances, parties with a common interest in the completion of a commercial transaction can share privileged legal advice with each other, on…
March 7, 2018
Thinking about making an acquisition? How will this impact your litigation risk profile? Once the company is acquired, what exposure does your company have as a result of the foreign subsidiary? This question and answer session is moderated by the head of our Mining practice and our Mining litigators. Topics The law governing foreign corrupt practices Your exposure to class actions…
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.
Posted in: Cannabis, Capital Markets, China, Competition & Antitrust, Corporate & Commercial, Fintech, Foreign Investment, Information Technology, Insurance, Japan, Latin America, Mergers & Acquisitions, Middle East, Mining, Oil & Gas, Pension Funds Investment, Private Equity, United States
October 10, 2017
The Blakes Doing Business in Canada guide is an introductory summary of the laws and regulations that affect the conduct of business in Canada.
Posted in: Anti-spam, Business Crimes Investigations & Compliance, Capital Markets, Commercial Real Estate, Competition & Antitrust, Corporate & Commercial, Cybersecurity, Employment & Labour, Environmental, Financial Services, Financial Services Regulatory, Foreign Investment, Franchising, Information Technology, Infrastructure, Intellectual Property, International Trade, Litigation & Dispute Resolution, Mergers & Acquisitions, Pensions, Benefits & Executive Compensation, Power, Privacy, Procurement, Renewable Energy, Restructuring & Insolvency, Tax, Technology, United States