Category: Industries

What Are the Challenges and Opportunities in Ontario’s Budding Cannabis Retail Market?

August 15, 2019

On August 20, 2019, the Alcohol and Gaming Commission of Ontario will announce the winners in the province’s Second Allocation Expression of Interest Lottery of retail store authorizations – 42 additional retail licences will be allocated by lottery, with eight more having been allotted to First Nations reserves. In this video interview with BNN Bloomberg, Blakes Associate Chris Nyberg from…

Federal Overhaul of Environmental Laws to Take Effect August 28, 2019: New Impact Assessment Triggers and Other Details Released

August 12, 2019

The federal government’s long-awaited overhaul of key environmental laws (Bill C-69, which implements the new Impact Assessment Act, the Canadian Energy Regulator Act and the Canadian Navigable Waters Act and related regulations) will take effect on August 28, 2019. The Impact Assessment Act will replace the Canadian Environmental Assessment Act, 2012, (CEAA 2012) overhauling the federal environmental assessment (now impact…

Is CBA’s New Voluntary Code of Conduct the Golden Rule for Banks Serving Canadians in Their Golden Years?

July 29, 2019

On July 25, 2019, the Canadian Bankers Association (CBA) released its voluntary Code of Conduct for the Delivery of Banking Services to Seniors (Seniors Code), which was adopted by its member banks. Such voluntary codes of conduct are non-legislated commitments that CBA member banks make to the public, and compliance with these codes is overseen by the Financial Consumer Agency…

Second Retail Lottery in Ontario: Tricks and Traps for Applicants

July 26, 2019

The Alcohol and Gaming Commission of Ontario (AGCO) announced a subsequent allocation process for an additional 50 retail store authorizations (RSAs) in Ontario. Forty-two of these RSAs will be granted through a second allocation expression of interest lottery (Second Lottery) and the remaining eight RSAs have been allotted for First Nations reserves on a first-come, first-served basis. The 42 RSAs…

Summer 2019 Update: Lobbying, Election Finance and Conflict of Interest Reform

July 17, 2019

There have been considerable recent regulatory and legislative changes with respect to lobbying and conflicts of interest regimes at the federal level and in each of British Columbia and Quebec. FEDERAL REGISTRATION Recent jurisprudence may have widened the category of registration under the federal Lobbying Act (Act). Former federal Lobbying Commissioner Karen Shepherd decided not to investigate the allegation that…

Long May You Run: Ontario Court of Appeal Clarifies the Treatment of Mineral Royalties in Insolvency Proceedings

July 3, 2019

On June 19, 2019, the Ontario Court of Appeal (Appeal Court) released its long-anticipated decision in the second phase of the appeal in Third Eye Capital Corporation v. Ressources Dianor Inc./Dianor Resources Inc., following an earlier decision of March 15, 2018, granted in respect of the first phase of the appeal. The two decisions, taken together, provide helpful guidance on…

Revamping Canada’s Anti-Money Laundering Rules: What’s New, What’s Changed and What It Means for Business

July 3, 2019

Since the proposed amendments to the regulations (Regulations) to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) were released in June 2018, regulated entities (REs) have been anxiously awaiting the final version of the Regulations, after numerous rounds of consultations with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The suspense has now ended. Although…

Federal Government Passes Controversial Environmental Legislation and Tanker Ban

June 27, 2019

The Government of Canada has enacted two new pieces of environmental legislation, significantly altering the process for federal project approvals in Canada. It has also passed extensive amendments to the rules regarding navigable waters and fish habitat protections that had been previously changed through omnibus legislation in 2012. On June 20, 2019, the Senate passed three bills: Bill C-69, the…

Health Canada Introduces Cannabis Health Products, A Budding Category

June 24, 2019

The federal government recently launched a consultation to seek feedback on the introduction of a new category of health products with cannabis, referred to as cannabis health products (CHPs). If implemented, this regime would have the potential to create a new market for cannabis products in Canada, especially given the recent interest in using cannabidiol (CBD)-based products for minor ailments….

Proposed Changes to Stock Option Tax Rules

June 19, 2019

On June 17, 2019, Canada’s finance minister tabled a Notice of Ways and Means Motion regarding the taxation of employee stock options. This follows from the government’s announcement in the 2019 Budget that it intended to limit the availability of the 50 per cent deduction on employee stock option benefits (i.e., the deduction that effectively provides capital gains treatment on…