Category: Practice Areas

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CSA Warn Against Certain Problematic Promotional Activities

December 12, 2018

On November 29, 2018, the Canadian Securities Administrators (CSA) released CSA Staff Notice 51-356 Problematic promotional activities by issuers (Staff Notice), which cautions companies to avoid disclosure and promotional practices that are manipulative or that may mislead investors. The Staff Notice sets out the CSA’s expectations for issuers in complying with securities law requirements as well as guidance in relation…

Ontario Looks to Roll out More Changes to Workplace Legislation with Bill 66

December 11, 2018

On December 6, 2018, the Ontario government introduced Bill 66, Restoring Ontario’s Competitiveness Act, 2018 (Bill 66). Bill 66 proposes changes to, among other things, Ontario’s Employment Standards Act, 2000 (ESA). Bill 66 follows Bill 47, Making Ontario Open for Business Act, 2018, which received royal assent on November 21, 2018 and will bring about significant changes to Ontario’s labour…

Ontario Seeks Input on Regulation of Provincial Mortgage Businesses

December 11, 2018

The Ontario Ministry of Finance is seeking input from the public and other stakeholders with respect to a legislative review of the Mortgage Brokerages, Lenders and Administrators Act, 2006 (MBLAA). The review focuses on streamlining the MBLAA and reducing any unnecessary regulatory burden and costs. The review may also afford those in the mortgage industry the opportunity to seek to…

Lobbying and Election Finance Reform: Roundup of Recent Developments

December 11, 2018

British Columbia, the Northwest Territories and Ontario have recently introduced significant changes to their respective lobbying and election finance regimes; the Yukon has introduced a new lobbying regime, and Prince Edward Island’s lobbying regime takes effect in 2019. LOBBYING LEGISLATION British Columbia: Proposed Amendments to the Lobbying Regime Bill 54, Lobbyists Registration Amendment Act, 2018 (B.C. Bill) received royal assent…

Quebec’s Act respecting labour standards: Winds of Change as the New Year Approaches

December 10, 2018

January 1, 2019 marks the coming into force of new amendments to Quebec’s Act respecting labour standards (Act). The Quebec National Assembly adopted Bill 176, An Act to amend the Act respecting labour standards and other legislative provisions mainly to facilitate family-work balance (Bill 176) in June 2018. Bill 176 was assented to the same day, and several changes came into effect…

Demystified: USMCA’s Intellectual Property Provisions on Damages for Trademark Counterfeiting

December 10, 2018

The provisions of the United States–Mexico–Canada Agreement (USMCA) – known as the Canada-United-States-Mexico Agreement or CUSMA in Canada – have attracted considerable attention due to their perceived impact on the Canadian legal and business landscape. One noteworthy aspect of the USMCA is the digital trade provisions’ implication that Canadian web platforms may not be liable for the content posted by third…

Ontario, B.C. Release New Greenhouse Gas Reduction Plans

December 10, 2018

The governments of Ontario and British Columbia recently released new environmental plans that will guide the development of environmental legislation and policies in each province for the foreseeable future. Ontario released the Preserving and Protecting our Environment for Future Generations: A Made-in-Ontario Environment Plan (Proposal) and B.C. released its CleanBC plan. These plans will lead to economic opportunities for certain…

AMF Provides Summary of Oversight and Regulatory Activities

December 6, 2018

The Corporate Finance Division of Quebec’s Autorité des marchés financiers (AMF) recently released its annual Summary of Oversight and Regulatory Activities (Report). In addition to providing a snapshot of the Quebec capital markets, the Report identifies a range of deficiencies encountered by the AMF in its ongoing review of various continuous disclosure and financing documents of Quebec issuers and highlights…

Quebec Court of Appeal’s Analysis on Untimely Resignations and the Duty of Loyalty of Employees

December 5, 2018

The Quebec Court of Appeal (Court) has established that employees who terminate their employment relationship without notice may work for a competitor without necessarily violating their duty of loyalty. However, resigning employees still have the obligation to make reparation for harm caused by their failure to provide notice, the Court ruled. The Civil Code of Quebec stipulates that, pursuant to…

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