Category: Industries

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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…

Blakes Cannabis Roundtable

June 18, 2019

Cannabis edibles, extracts and topicals will soon be permitted for sale in Canada. While we have an idea of how these new forms of cannabis will be regulated, the burning question facing the industry is how do current participants adapt and what opportunities and challenges will arise? Join us to hear thought leaders discuss the issues related to production, sale…

Quebec’s Lobbyists Commissioner Calls for Complete Overhaul of Lobbying Transparency and Ethics Act

June 12, 2019

BACKGROUND In a report entitled Simplicité, Clarté, Pertinence, Efficacité – Réforme de l’encadrement du lobbyisme (Report), Quebec’s Lobbyists Commissioner (Commissioner) turned the spotlight on the legal framework applicable to lobbying activities and called for an overhaul of the Lobbying Transparency and Ethics Act (Act). The Act, which has been in effect since 2002, sets out a regime designed to foster…

Blockchain Remittance Platform ZED Network Receives First Prospectus Exemption for Distributing Crypto Tokens

June 12, 2019

The Ontario Securities Commission (OSC), on behalf of the Canadian Securities Administrators (CSA), recently granted ZED Network Inc. (Company) discretionary exemptive relief from prospectus and dealer registration requirements under Canadian securities laws for the distribution of the ZED digital remittance and foreign exchange blockchain token. This prospectus exemption is the first granted under the CSA Regulatory Sandbox for a primary…

Business of Cannabis – Medical Cannabis Week Program

June 4, 2019

In May 2019, Blakes sponsored and co-hosted Medical Cannabis Week, organized by the Business of Cannabis, including a program on Innovation in the Medical Cannabis Space. From Blakes, Robin Linley moderated the second panel of this program, in which Melanie Baird, Tricia Kuhl and Leah Rodin, along with Mary Jane Richards, Associate General Counsel of Shopify, discussed legal considerations for technology and innovation in medical…

Court of Appeal Unanimously Rules Against B.C. Blocking Trans Mountain Pipeline

May 28, 2019

On May 24, 2019, the British Columbia Court of Appeal decided unanimously that B.C.’s proposed amendments to the Environmental Management Act (Proposed Law) regarding the Trans Mountain expansion project (TMX Project) were unconstitutional. The court’s decision will have important implications for all provincial regulation of any works and undertakings, such as pipelines or railways, that cross provincial boundaries.    BACKGROUND…

Changes to Monthly Sanctions Reporting Requirement

May 13, 2019

Recently, the federal government published amendments to the regulations made under the United Nations Act (UN Act) and the Special Economic Measures Act (SEMA), Canada’s key sanctions legislation. Among other changes, the amendments modify the monthly sanctions reporting obligation for Canadian-regulated financial institutions and securities dealers. On May 10, 2019, the Office of the Superintendent of Financial Institutions (OSFI) issued…

Proposed Privacy Class Action “Collapses in its Entirety” on Commonality

May 8, 2019

On May 7, 2019, in Kaplan v. Casino Rama Services Inc. (Kaplan), the Ontario Superior Court of Justice refused to certify a privacy class action arising out of a criminal cyberattack that included allegations of breach of privacy, breach of contract and negligence. The decision comes on the heels of another recent decision denying certification of a privacy class action,…

Significant Changes to Canada’s Cannabis Licensing Process

May 8, 2019

Health Canada has issued a press release stating that it is changing the application process for licences to cultivate cannabis, process cannabis or sell cannabis for medical purposes (Commercial Licences). Effective immediately, Health Canada will require new applicants for Commercial Licences to have a completed site that meets all the requirements of the Cannabis Act (Act) and Cannabis Regulations (Regulations) at the time…

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