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Conference room interior
Conference room interior

A number of high-profile incidents over the past decade have brought into question companies’ corporate ethics, bringing unprecedented public scrutiny to how organizations police themselves. Regulators, shareholders and the general public are demanding that organizations have corporate governance policies and procedures in place to ensure organization-wide cultures of candour and openness with all stakeholders.

Good corporate control requires organizations to combine solid legal understanding, sound ethical judgment and business practicality. The consequences of ineffective oversight can expose officers and directors to regulatory review and potential lawsuits. McMillan’s Business Law Group provides cutting edge advice to our public and private clients in matters related to corporate governance. Our lawyers combine a thorough understanding of applicable laws with corporate governance best practices, providing clients with a set of business solutions tailored to their particular needs, regardless of the size of the organization.

We believe that the best way to avoid a crisis is to plan for one. When a corporate governance crisis does arise, we marshal specialists from across our firm to deliver a comprehensive solution that helps restore and preserve the confidence of all stakeholders.

In particular, McMillan helps corporate clients lead by:

  • Implementing board and committee structures/charters
  • Assisting with responses to regulatory investigations
  • Ensuring ongoing regulatory compliance
  • Designing preventative measures to address hostile transactions
  • Assisting with timely continuous disclosure
  • Advising on directors/officers’ liabilities, indemnity and insurance
  • Assisting with shareholder relations and disputes
  • Advising on the need for, and the establishment of, independent or special committees
  • Designing internal and disclosure controls

Primary Contacts

View All Contacts

Paul D. Davis

Partner, Capital Markets & Securities | Mergers & Acquisitions | Chair of the Board of Partners

Leo Raffin

Partner, Capital Markets & Securities

Sandra Zhao

Partner, Capital Markets & Securities | Mergers & Acquisitions

Insights (135 Posts)

Featured Insight

Net Benefit Reviews Under the Investment Canada Act – Some Practical Thoughts

Glencore plc’s recent approaches to the shareholders of Teck Resources has once again brought the Investment Canada Act into the spotlight.

Read More
Jun 6, 2023
Featured Insight

Is the Sun Setting on Dual Class Share Structures?

This bulletin discusses the basic components of a DCSS, its advantages and disadvantages, as well as common shareholder protection measures.

Read More
May 16, 2023
Featured Insight

CSA Seeks Comments on Two New Approaches to Diversity Disclosure

The Canadian Securities Administrators is seeking comments on the proposed amendments to the corporate governance disclosure rules and policies (Form 58-101F1)

Read More
May 10, 2023
Featured Insight

Proposed Amendments to the Business Corporations Act to create a Public Registry of Beneficial Owners of Private Companies in British Columbia

Recent amendments to the BC Business Corporations Act to propose public registry of beneficial owners of BC private companies.

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May 9, 2023
Featured Insight

New Mandatory Reporting Requirement for Businesses: Canada’s Modern Anti-Slavery Bill Becomes Law

Canada imposes new reporting obligations on forced labour, and what it means for Canadian businesses.

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May 3, 2023
Featured Insight

Last Minute Fine Tuning – Québec Government Tries to Soften the Blow of Some of the More Far-Reaching Requirements Under Bill 96, as Applicable to Government Interactions

Entry into force of the Regulation respecting the language of the civil administration and the Regulation respecting the derogations to the duty of exemplarity

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May 3, 2023
Featured Insight

New Transparency Requirements on the Horizon for Federal Corporations: Bill C-42’s Proposed Amendments to the Canada Business Corporations Act

Bill C-42, introduced in Parliament on March 22, 2023, proposes to further increase corporate transparency and accountability.

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May 1, 2023
Featured Insight

Caught in the Sanctions Crossfire: Canada’s Proposed New Control Test Has Broad Repercussions on Businesses with Any Nexus to Russia

Proposed "deemed ownership" test under Canadian sanctions laws and convergence of AML and sanctions regulation in Canada.

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Apr 26, 2023
Featured Insight

On the Plus Side: An Overview of SEDAR+ and How to Get Ready by May 1, 2023

An overview of the new integrated records filing system, SEDAR+, launching June 13, 2023.

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Apr 21, 2023
Featured Insight

Trends and Developments in Cryptocurrency: What the Experts are Seeing in the Tracing, Seizing and Safeguarding of Digital Assets, and Why So Much Value is Being Lost

Together with Lowenstein Sandler, join McMillan for a series of engaging panels with industry leaders who will share valuable insights into the newest crypto trends and developments, with a particular emphasis on the below areas of risk.

Details
Tuesday, April 25, 2023
Featured Insight

Canadian Businesses Should Prepare for New Mandatory Reporting on Supply Chains and Forced Labour

Canada prepares to impose new reporting obligations on forced labour, and what it means for Canadian businesses.

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Mar 14, 2023
Featured Insight

More Bang for Your Buck: OSC’s updated fee structure to take effect April 3, 2023

Amendments to OSC Rule 13-502 Fees, OSC Rule 13-503 (Commodity Futures Act) Fees and their related companion policies coming into force April 3, 2023.

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Mar 8, 2023
Featured Insight

One Year On: Economic Sanctions Have Become a Primary Tool of Canadian Foreign Policy and New Russian Sanctions are Imposed

Canada continues to impose sanctions against additional countries, including Sri Lanka, Haiti, and Myanmar, and joins the G7 Enforcement Coordination Mechanism.

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Mar 1, 2023
Featured Insight

Ontario Superior Court Clarifies “Unreasonable or Unjustifiable” Delay for Requisitioned Meetings

The Ontario Superior Court ordered First Capital to hold a special meeting of unitholders more than two months earlier than originally scheduled.

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Feb 7, 2023
Featured Insight

Quebec: New Obligations in Terms of Corporate Transparency

Details Québec's new measures and improvements made to the information available in the registre des entreprises in order to improve companies' transparency.

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Feb 1, 2023
Featured Insight

A Foreign Affair at Home Not Abroad – Canada to Consult on the Merits of a Foreign Agent Registry

Canada announces that consultations on a possible "foreign agent registry" will begin soon. What is that and how is it different from a lobbying law?

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Jan 9, 2023
Featured Insight

Mind the (Non-)GAAP: Review of Financial Measures Disclosure Under NI 52-112

An overview of the common deficiencies flagged by the CSA with respect to issuers' compliance with disclosure requirements under NI 52-112 and CP 52-112.

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Dec 23, 2022
Featured Insight

Transparency Register Requirements for Private Ontario Corporations To Maintain Register Of Individuals With “Significant Control” Coming January 2023

Effective January 1, 2023, private corporations in Ontario must prepare and maintain a register of individuals with "significant control" of the corporation.

Read More
Dec 23, 2022
Featured Insight

Reporting Issuers Need to be Factual and Balanced, Striving for Accurate and Comprehensive ESG reporting

The CSA cautions issuers against overly promotional "greenwashing" language in continuous disclosure in its biennial report - Staff Notice 51-364.

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Nov 30, 2022
Featured Insight

Can they really do that? Understanding the limits of governmental permitting and compliance powers

While every company strives to achieve constructive relations with regulators, sometimes this is not enough. In such cases, understanding the rules that apply to regulators and the limits of their powers can be essential to levelling the playing field.

Details
Wednesday, November 9, 2022
Featured Insight

August 2022 Update: Upcoming Deadline for Pre-Existing Owners to file a Transparency Report on the Land Owner Transparency Registry

The deadline for Pre-Existing Owners to file a transparency report on the Land Owner Transparency Registry will occur on November 30, 2022.

Read More
Aug 24, 2022
Featured Insight

OSFI Adds to its Existing Technology and Cyber Risk Requirements with Guideline B-13

OSFI issued final Guideline B-13 – Technology and Cyber Risk Management, key takeaways summarized.

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Jul 26, 2022
Featured Insight

Privacy Reform is on the Table Once More: Canada Introduces the Digital Charter Implementation Act, 2022

New federal privacy legislation has been introduced. If passed, Bill C-27 will materially change the legal landscape for privacy and data protection in Canada.

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Jun 22, 2022
Featured Insight

Bill 96: How changes to French language legislation will impact your Business Practices and Documentation

This webinar discusses the newly passed Bill 96 and its impacts on the day-to-day operations on companies doing business in Québec or otherwise interacting with Québec counterparties.

Details
Tuesday, June 21, 2022
Featured Insight

Canada Poised to Increase Regulation of Forced Labour in Supply Chains

Developments in Canadian regulation of forced labour in supply chains and their potential impacts on Canadian businesses

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Jun 7, 2022
Featured Insight

OSFI’s Draft Guideline on Climate Risk Management Imposes New Disclosure Obligations on FRFIs

This bulletin summarizes OSFI's new draft guideline on climate risk management, paying particular attention to the disclosure requirements it imposes.

Read More
Jun 1, 2022
Featured Insight

No Discovery Before Leave in Secondary Market Securities Actions

The Court in Kwong v. iAnthus denied a plaintiff's request for documentary discovery before he obtained leave to bring a secondary market securities action.

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Apr 18, 2022
Featured Insight

Spot the Difference: Mergers and Amalgamations in Corporate Transactions

Examining the difference between US "mergers" and Canadian "amalgamations" in corporate transactions, relevant for deal structuring and completing diligence.

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Mar 2, 2022
Featured Insight

Fiduciary Duties in Corporate Transactions: Expansion of Director’s Duties to Limited Partnerships & Liability of Knowing (Third Party) Assistants

The ONCA decision in Extreme Venture Partners Fund I LP v. Varma provides important guidance on acceptable standards of corporate conduct in Canada.

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Feb 2, 2022
Featured Insight

Plan for the Ban: Our New Year’s Update of Single-Use Plastics Bans Across Canada

This bulletin provides an updated summary of the current state of single-use plastics legislation across Canada.

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Jan 18, 2022
Featured Insight

Alberta Securities Commission Provides Guidance On Shareholder Rights Plans, Break Fees and Use of Equity Swaps in Take-over Bid Context

An Alberta decision has held that the use of swaps in a hostile take-over bid can be abusive, and added guidance on shareholder rights plans and break fees.

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Jan 12, 2022
Featured Insight

Will a Billion Dollar Termination Shift the M&A Landscape?

The authors discuss the Ontario Superior Court of Justice's decision in Cineplex v. Cineworld, a "busted deal" case about interim operating covenants.

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Dec 17, 2021
Featured Insight

Pilot Well-Known Seasoned Issuer Program Announced

Canadian securities regulators announce pilot program permitting a "well-known seasoned issuer" to streamline the filing of a base shelf prospectus process.

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Dec 13, 2021
Featured Insight

TSX Venture Exchange Amends Equity Compensation Policies

On November 24, 2021, the TSX Venture Exchange published a bulletin announcing amendments to its policies regarding security based compensation.

Read More
Dec 6, 2021
Featured Insight

New Requirements Proposed for Private Ontario Corporations to Maintain Register of Individuals With “Significant Control”

Bill 43 proposes to amend the OBCA to require corporations to prepare and maintain a register of individuals with "significant control" over such corporations.

Read More
Nov 18, 2021
Featured Insight

November 2021 Update: Extended Deadline for Pre-Existing Owners Filing a Transparency Report on the Land Owner Transparency Registry

On November 2, 2021, the deadline for Pre-Existing Owners to file a transparency report was extended from November 30, 2021 to November 30, 2022.

Read More
Nov 8, 2021
Featured Insight

CSA Propose Standardized and Reinforced Climate-Related Disclosure — Primer on Proposed National Instrument NI 51-107 Disclosure of Climate-related Matters

McMillan Bulletin Proposed National Instrument 51-107 Disclosure of Climate-related Matters Canadian Securities Administrators Climate Change Disclosure

Read More
Oct 25, 2021
Featured Insight

Major Canadian Banks Join Net-Zero Banking Alliance (NZBA) — Unpacking the Initiative and Net-Zero Commitments

On the eve of the 2021 United Nations Climate Change Conference, six of Canada’s largest banks announced they had signed on to the Net-Zero Banking Alliance.

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Oct 21, 2021
Featured Insight

China’s Arduous Path to CPTPP Accession – A Myriad of Obstacles with an Improbable Outcome

On September 16, 2021, China submitted its request to accede to the Comprehensive and Progressive Trans-Pacific Partnership (“CPTPP”).

Read More
Oct 13, 2021
Featured Insight

McMillan’s ESG Strategy Sessions

The COVID-19 pandemic and increased concerns over environmental and social issues, such as climate change and systemic racism, have prompted conversations throughout global capital markets.

Details
Thursday, October 28, 2021
Featured Insight

China’s New Sanctions Blocking Regime: Should Canadian Businesses in Hong Kong Be Worried?

On June 10, 2021, the Standing Committee of the Chinese National People’s Congress passed the Chinese Anti-Foreign Sanctions Law.

Read More
Sep 1, 2021
Featured Insight

Canadians Heading to the Polls in a Federal Election. Is your Business Ready to Comply with the Canada Elections Act and Lobbying Act during the Campaign?

During the election period, for profit and non-profit companies and charities need to be aware of their Canada Elections Act and Lobbying Act obligations.

Read More
Aug 16, 2021
Featured Insight

Ontario’s Lobbying Watchdog Wants Stronger, Clearer, Lobbyists Registration Act

Ontario's lobbying czar wants changes made to Ontario's lobbying law that will capture more activity and require more corporations and non-profits to comply.

Read More
Aug 10, 2021
Featured Insight

The CSA Comes Full Circle to Protect the Vulnerable

Amended regulations by the CSA for registrants to protect older and vulnerable clients.

Read More
Jul 27, 2021
Featured Insight

“Say on Climate” — Key Considerations in Implementing Shareholder Votes on Climate

Shareholder engagement on climate-related matters continues to grow across the globe, including Canada, these issues are a key focus area for public companies

Read More
Jul 16, 2021
Featured Insight

Hazardous and Special Products Are Next In Line in Ontario’s Transition to a Producer Responsibility Model for Consumer Products

Ontario shifts end-of-life financial and operational responsibilities for hazardous and special products from municipalities to producers.

Read More
Jul 14, 2021
Featured Insight

Making Sense of Non-GAAP Financial Measures

Capital market developments from the CSA regarding non-GAAP financial information.

Read More
Jun 30, 2021
Featured Insight

Registering Copyrights as They Arise May Improve Chances of Future Success at Trial

Companies consider registering copyright as a potential dispute arises, but recent case law shows this may not be the best course of action to enforce IP rights

Read More
Jun 21, 2021
Featured Insight

ICMA Green Bond Principles Undergo Minor Facelift

Legal news bulletin discussing recent changes to ICMA Green Bond Principles.

Read More
Jun 17, 2021
Featured Insight

Ontario Repeals Canadian Residency Requirement for Directors

Amendments to the Ontario Business Corporations Act remove Canadian resident director requirement and ease rules for written shareholder resolutions.

Read More
Jun 15, 2021
Featured Insight

June 2021 Update: British Columbia’s New Registry of Beneficial Ownership

Now that the Land Owner Transparency Registry is searchable by the public, it is important to understand the scope of its use, and its current limitations.

Read More
Jun 14, 2021
Featured Insight

Taking Stock of Governance — Understanding Emerging ESG, Regulatory, and Market Trends

Taking Stock of Governance — Understanding Emerging ESG, Regulatory, and Market Trends

Read More
May 26, 2021
Featured Insight

Taking Stock of Governance — Understanding Emerging ESG, Regulatory, and Market Trends (adapted to the Province of Québec)

Taking Stock of Governance — Understanding Emerging ESG, Regulatory, and Market Trends (adapted to the Province of Québec)

Read More
May 26, 2021
Featured Insight

The Canadian Capital Market is Psyched: An Update on the Growing Wave in the Psychedelics Industry

This bulletin provides an overview of the regulations surrounding psychedelics in Canada and psychedelics companies in the Canadian capital markets.

Read More
May 12, 2021
Featured Insight

OSFI Issues Final IFRS 17 Regulatory Forms and Instructions for Federally Regulated Insurers

On April 30, 2021, OSFI released a letter to all FRIs advising that it has issued the final IFRS 17 Regulatory Forms and Instructions (the “Returns”)

Read More
May 8, 2021
Featured Insight

April 30 Update: Amendments to Policy Statement 5 and Policy Statement 6- Extension of the Early Marketing Period in Response to COVID-19

This bulletin outlines the recently announced amendments to Policy Statement 5 and Policy Statement 6 by the Office of the Superintendent of Real Estate.

Read More
Apr 30, 2021
Featured Insight

Court of Appeal Affirms Decision Limiting Employee Equity Entitlements

Ontario Court of Appeal updates the law on post-termination equity entitlements and reiterates the distinction between employee and shareholder rights.

Read More
Apr 27, 2021
Featured Insight

Grabbing Headlines – NEO Introduces New ‘G-Corp’ to Provide Greater Opportunities for Capital Raising

NEO Exchange Inc. announces innovative listing offering to facilitate capital-raising opportunities for earlier stage and high growth companies.

Read More
Apr 19, 2021
Featured Insight

Ontario Court of Appeal Interprets the TSX’s Majority Voting Requirement, Considers the Oppression Remedy, and Clarifies Set-off Rights

A recent decision of the Ontario Court of Appeal interprets the Toronto Stock Exchange requirement that listed companies adopt a majority voting policy.

Read More
Apr 16, 2021
Featured Insight

Global Remote Working – What Employers Need to Know

This article provides an overview of the legal issues employers need to consider when implementing remote working in Canada.

Read More
Mar 29, 2021
Featured Insight

Alberta Eliminates Director Residency Requirements

With the proclamation of the Red Tape Reduction Implementation Act (Alberta) into law on March 29, 2021, director residency requirements have been eliminated.

Read More
Mar 29, 2021
Featured Insight

Lobbying Reform Déjà Vu? Canada’s Commissioner of Lobbying Recommends Heightened Obligations for Lobbyists Once Again

Canada’s Commissioner of Lobbying Submits Preliminary Recommendations to House of Commons Committee on federal Lobbying Act reform.

Read More
Mar 19, 2021
Featured Insight

Ontario’s Capital Markets Modernization Taskforce Looks to Level the Playing Field

This bulletin focuses on Ontario’s Capital Markets Modernization Taskforce's recommendations aimed at ensuring a level playing field.

Read More
Mar 10, 2021
Featured Insight

Capital Markets Modernization Taskforce Recommendations – Proxy System Corporate Governance and Mergers and Acquisitions

High-level overview and commentary on the recommendations set out in Section 2.4 of the Capital Markets Modernization Final Report

Read More
Mar 10, 2021
Featured Insight

iAnthus Decision Changes the Landscape for Corporate Plans of Arrangement under the BCBCA by Permitting Third-Party Releases

The iAnthus decision affirmed by the Court of Appeal holds that a British Columbia company can use the BCBCA to restructure and obtain 3rd party releases.

Read More
Feb 23, 2021
Featured Insight

Big Brother’s Access Limited – Canadian Privacy Commissioners Rule Clearview AI’s Facial Recognition Tool in Breach of Canadian Privacy Laws

Privacy Commissioners find Clearview AI's use of facial recognition software on images it scraped from the Internet to be in breach of privacy laws.

Read More
Feb 17, 2021
Featured Insight

Keeping the CPTPP as a Spare Tire: The New and Different Automotive Rules of Origin Under the CUSMA and the CPTPP

USMCA, CUSMA, T-MEC, CPTPP, Free Trade Agreements, Automotive Industry, International Trade, Duties, Global Affairs Canada.

Read More
Dec 16, 2020
Featured Insight

B.C. Technology Sector Makes the Grade – But Not Yet Top of the Class

In November 2020, KPMG released the B.C Tech Report Card 2020. The Report Card outlined the current state of the British Columbia technology sector.

Read More
Dec 2, 2020
Featured Insight

SCC Holds Section 12 Charter Protection Against “Cruel or Unusual Treatment or Punishment” Not Applicable to Corporations

Summary of the recent Supreme Court of Canada decision of Quebec (Attorney General) v. 9147-0732 Québec inc. and implications on corporate liability.

Read More
Nov 10, 2020
Featured Insight

Buyer Beware! Waiving Past Service Isn’t Possible under Employment Standards Legislation

Purchasers in commercial transactions are not entitled to contract out of their Employment Standards Act obligations for an employee's prior service.

Read More
Oct 16, 2020
Featured Insight

Corporate Counsel CPD Webinar Series: Mental Health in a Legal Workplace – A Story from the Inside

Beth Beattie shares her personal story of living with bipolar disorder while working as a lawyer. She addresses the prevalence of mental illness in law offices and discusses the isolation and stigma associated with it especially during the era of COVID-19.

Details
October 6, 2020 - 12:30 pm to 1:30 pm ET
Featured Insight

Sanctions Alert: Canada Reimposes Sanctions on Belarus

Canada announced on September 29, 2020, that it would re-impose more targeted economic sanctions against Belarusian high-ranking public officials

Read More
Sep 30, 2020
Featured Insight

Competition Bureau Invites Comments to Revisions to the Competitor Collaboration Guidelines

The Competition Bureau recently released a draft revision of the Competition Collaboration Guidelines and is
inviting comments in a public consultation.

Read More
Aug 5, 2020
Featured Insight

Alberta’s New Liability Management Framework: A Teaser of What’s Coming

Government of Alberta announces changes to the regulatory regime that governs oil and gas liabilities.

Read More
Aug 4, 2020
Featured Insight

Managing Construction Risk in 2020 and Beyond – The Pursuit of Success and the Art of Avoiding the Train Wreck

Understanding how these relationships develop through contractual language, the construction process itself, and the resolution of disputes positions parties to allocate risk effectively, build strong relationships, and complete projects successfully.

Jul 21, 2020
Featured Insight

Implementing a Cap on Employee Stock Option Deductions

In Budget 2019, the Government announced its intention to propose legislation that would introduce an annual cap on certain employee stock option grants that may be eligible for certain tax-preferred treatment.

Read More
Jul 16, 2020
Featured Insight

Material Adverse Effect Clauses in a COVID-19 World

Review and analysis of recent developments where parties try to rely on MAE clauses as a mechanism to avoid closing a transaction.

Read More
Jun 23, 2020
Featured Insight

Understanding Securities Law Impacts on Emerging Market Issuer Directors and Officers

Any current or aspiring director or officer of a Canadian-listed company with operations in Asia, South America, Africa and Eastern Europe will find this presentation of eminent value.

Details
June 17, 2020 - 9:00 am to 10:00 am ET
Featured Insight

A New Look for Corporate Social Responsibility: British Columbia Introduces the Benefit Company

An introduction to the new "benefit company" structure being introduced to the British Columbia Business Corporations Act.

Read More
Jun 5, 2020
Featured Insight

Charities and Not-for-profit Corporations – AGM Challenges and Solutions During COVID-19 Outbreak

Guidance to non-share capital corporations and charities on how to address upcoming membership meetings in light of COVID-19 social distancing restrictions.

Read More
May 18, 2020
Featured Insight

May 1 Update: COVID 19: Temporary Relief of Corporate Requirements for Shareholder and Director Meetings

The provinces and federal government provide temporary measures to ease corporate compliance with legislative requirements and facilitate decision-making.

Read More
May 1, 2020
Featured Insight

Update – British Columbia Business Corporations Act Transparency Register Requirements Extended to October 1, 2020

Update To The New Transparency Requirements: Private Companies in British Columbia Now Required To Collect And Disclose Shareholder Information

Read More
Apr 20, 2020
Featured Insight

Significant Regulatory Relief for Market Participants Announced in Response to COVID-19

Securities regulators, stock exchanges and business registries have taken significant steps provide relief to Canadian companies in response to COVID-19

Read More
Apr 13, 2020
Featured Insight

Protecting Against Shareholder Activism in Uncertain Times

The aftermath of the COVID-19 pandemic will provide unprecedented opportunities for shareholder activism and companies will need to prepare for coming campaigns.

Read More
Apr 6, 2020
Featured Insight

Asking Lenders for Time to Deal with COVID-19 Problems

Guide for borrowers to discussing loan defaults and additional credit support with lenders.

Read More
Mar 31, 2020
Featured Insight

COVID-19: Alberta Government Announces List of Essential Services

Alberta's Government has published lists of essential services and non-essential places of business not permitted to
offer or provide services to the public.

Read More
Mar 29, 2020
Featured Insight

CSA Provides Guidance on Conducting Shareholder Meetings During COVID-19 Pandemic

On March 20, 2020, the CSA published guidance providing direction to issuers conducting shareholder meetings during the COVID-19 pandemic.

Read More
Mar 25, 2020
Featured Insight

Unbearable Lite-ness: Lenders’ Remedies in the Age of Missing Covenants

The author discusses the recent trend toward borrower-friendly loan documents and the remedies available to lenders in Canada.

Read More
Mar 23, 2020
Featured Insight

Coronavirus: Harbinger of a New (Old) Approach to Restructuring in Canada?

Restructuring options and challenges in the time of COVID-19.

Read More
Mar 20, 2020
Featured Insight

CSA to Provide Temporary Relief From Regulatory Filing Obligations Due to COVID-19

In light of concerns relating to COVID-19, the CSA will provide a 45-day extension for certain periodic filings normally required to be made by issuers.

Read More
Mar 19, 2020
Featured Insight

COVID-19 Pandemic Prompts Canadian Companies to Consider Virtual Shareholder Meetings

In light of concerns relating to COVID-19, this bulletin provides Canadian companies guidance on holding electronic or virtual shareholder meetings.

Read More
Mar 17, 2020
Featured Insight

Coronavirus – A Preparedness and Response Guide for Canadian Businesses

What steps should corporations take to mitigate the risks posed by COVID-19 to the health and safety of their workforce and contractual obligations.

Read More
Mar 9, 2020
Featured Insight

Will Modern Slavery Legislation Become a Reality in Canada?

Description of proposed modern slavery legislation in Canada that aims to address the issue of forced and child
labor in supply chains.

Read More
Mar 3, 2020
Featured Insight

Supreme Court of Canada Opens the Door to Novel International Human Rights Claims: The Uncertain Implications for Canadian Resource Companies

In its 5-4 decision in Nevsun Resources Ltd., the Supreme Court of Canada has given Canadian courts the green light to develop new forms of civil liability.

Read More
Mar 2, 2020
Featured Insight

How Should AI be Regulated in Canada? Speak now, or forever hold your peace!

Many organizations recognize the potential benefits that artificial intelligence can bring to their business. Canadian regulations coming sooner than later.

Read More
Feb 24, 2020
Featured Insight

Canadians are Friendlier: Shareholder Proposal Regime in the U.S. Could Soon Be More Restrictive

As the Securities Exchange Commission seeks to change the shareholder proposal regime in the U.S., we compare the proposed amendments to the Canadian regime.

Read More
Feb 4, 2020
Featured Insight

New Transparency Requirements: Private Companies in British Columbia Now Required to Collect and Disclose Shareholder Information

Amendments to British Columbia Business Corporations Act require all privately held companies to maintain transparency registers of all significant individuals.

Read More
Jan 31, 2020
Featured Insight

Challenges and Opportunities for Canadian Investors in Brazilian Insolvency Proceedings: Lessons from the IBA’s 2019 Global Restructuring Conference

The authors discuss unique aspects of Brazil's insolvency regime relevant for Canadian investors, including the role of equity, DIP loans, and jurisdiction.

Read More
Jan 21, 2020
Featured Insight

Amendments to the CCAA, BIA and CBCA Now in Force

Authors discuss changes in 2019 to Canadian corporate and restructuring statutes and their possible implications for insolvency practice in Canada

Read More
Nov 19, 2019
Featured Insight

Hong Kong Issues DIPN No. 58 on Transfer Pricing Documentation Requirements

The IRD issued DIPN 58 on July 19, 2019 explaining the transfer pricing documentation requirements in Hong Kong.

Read More
Oct 1, 2019
Featured Insight

New Requirements for CBCA Corporations: June 2019 Amendments

The federal government has passed Bill C-97, which amends the Canada Business Corporations Act (“CBCA”).

Read More
Jul 11, 2019
Featured Insight

The Next Phase of Canadian Cannabis: What to Expect in 2019 and Beyond

On June 14, 2019, Health Canada unveiled its Final Regulations for New Cannabis Products

Read More
Jun 21, 2019
Featured Insight

TOP TWELVE THINGS TO KNOW – New Canadian Trademarks Act June 17, 2019

On June 17, 2019 major changes to Canada’s Trademarks Act will come into force.

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Jun 4, 2019
Featured Insight

Proposed Digital Charter Could Bring Sweeping Changes to Canadian Privacy Laws

On May 21, 2019, the Canadian federal government released a proposed Digital Charter

Read More
May 23, 2019
Featured Insight

On the Record: Private Corporations in British Columbia Will Soon be Required to Collect and Disclose Shareholder Information

On April 2, 2019, the Government of British Columbia (the “Government”) introduced Bill 24, the Business Corporations Amendment Act, 2019 (the “Bill”).

Read More
May 16, 2019
Featured Insight

Canadian Corporate & Restructuring Legislation: Changes Could be on the Way

Bill C-97 (the “Bill”) was introduced in Parliament to implement the federal budget tabled by the Liberal government on March 19, 2019.

Read More
May 10, 2019
Featured Insight

What Does This Letter From The Ontario Securities Commission Mean?

A company contacted by the Enforcement Branch of the Ontario Securities Commission (“Commission”) is often unfamiliar with the context of the document that it has received.

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Feb 7, 2019
Featured Insight

Starting in June 2019, Private CBCA Corporations Required to Gather and Record Detailed Information About Their Shareholders 

Bill C-86, the Budget Implementation Act, 2018, No. 2, received Royal Assent on December 13, 2018.

Read More
Dec 13, 2018
Featured Insight

CSA Considers Reforms to the Syndicated Mortgage Regime and Seeks Input from Industry Participants

CSA Considers Reforms to the Syndicated Mortgage Regime and Seeks Input from Industry Participants

Read More
May 10, 2018
Featured Insight

Amending the Canada Business Corporations Act– Bill C-25 Receives Royal Assent

Amendments will amend requirements regarding the election of directors, make mandatory certain diversity disclosure and impact shareholder communications for federally-regulated public companies

Read More
May 9, 2018
Featured Insight

Securities Regulators Looking for Market Commentary on Soliciting Dealer Agreements

April 12 2018 Canadian Securities Administrators publish CSA Staff Notice 61-303 and Request for Comment Soliciting Dealer Arrangements to deepen understanding of use of soliciting dealer arrangements

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Apr 18, 2018
Featured Insight

In Aurora, Securities Regulators Affirm the New Take-over Bid Regime and Signal that Exemptive Relief under the New Regime will Prove to be Difficult and that Tactical Shareholder Rights Plans may be Extinct

The OSC and the FCAAS released their reasons for the orders granted concerning the hostile take-over bid by Aurora Cannabis Inc. for CanniMed Therapeutics Inc.

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Mar 20, 2018
Featured Insight

Observations from the Eco Oro Proxy Contest

Today marks the first anniversary of the start of what was likely the most acrimonious proxy fight in Canada in 2017.

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Feb 10, 2018
Featured Insight

Key Corporate Governance and Disclosure Developments in 2017

Key Corporate Governance and Disclosure Developments in 2017

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Dec 4, 2017
Featured Insight

Government of Canada Announces Public Consultation regarding Deferred Prosecution Agreements (DPAs)

Government of Canada Announces Public Consultation regarding Deferred Prosecution Agreements (DPAs)

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Oct 13, 2017
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CSA Release Oversight Review Report of the MFDA

CSA Releases Oversight Review Report of the MFDA

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Oct 10, 2017
Featured Insight

HKEX’s Proposed New Board Presents Unique Opportunities for Early Stage Tech Canadian Companies

HKEX's Proposed New Board Presents Unique Opportunities for Early Stage Tech Canadian Companies

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Jul 19, 2017
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SCC Confirms Directors Can Be Personally Liable in Cases of Oppression

SCC Confirms Directors Can Be Personally Liable in Cases of Oppression

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Jul 18, 2017
Featured Insight

CASL Private Right of Action Delayed; Enforcement by CRTC Continues

CASL Private Right of Action Delayed; Enforcement by CRTC Continues

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Jun 7, 2017
Featured Insight

Director Liability for Employee Remuneration: Significant Changes Likely in Store in Ontario

Director Liability for Employee Remuneration: Significant Changes Likely in Store in Ontario

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Jun 2, 2017
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Proxy Access in Canada — Another US Corporate Law Practice Makes Its Way Up North

Proxy Access in Canada -- Another US Corporate Law Practice Makes Its Way Up North

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May 17, 2017
Featured Insight

Interoil/Exxon Plan of Arrangement: Third Time’s A Charm

Interoil/Exxon Plan of Arrangement: Third Time's A Charm

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Mar 24, 2017
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Business Law Advisory Council Releases Fall 2016 Report

Business Law Advisory Council Releases Fall 2016 Report

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Dec 7, 2016
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New SCC Decision on Oppression Remedy is Instructive for Closely-Held Private Companies

New SCC Decision on Oppression Remedy is Instructive for Closely-Held Private Companies

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Nov 25, 2016
Featured Insight

Board of Directors in Condo Corporations Rule

Board of Directors in Condo Corporations Rule

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Nov 23, 2016
Featured Insight

Senate Committee Report Promotes Dismantling Internal Trade Barriers within Canada

Senate Committee Report Promotes Dismantling Internal Trade Barriers within Canada

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Jul 16, 2016
Featured Insight

Let the Good Times Roll: Court Allows the Free Flow of Liquor Across Provincial Borders

Let the Good Times Roll: Court Allows the Free Flow of Liquor Across Provincial Borders

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Jul 13, 2016
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Canada Revenue Agency Frowns Upon the Use of US LLPs and LLLPs

Canada Revenue Agency Frowns Upon the Use of US LLPs and LLLPs

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Jul 12, 2016
Featured Insight

Will Virtual Meetings Become a Reality in Canada?

Will Virtual Meetings Become a Reality in Canada?

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Jun 24, 2016
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Venture Issuers are Reminded to Consider Recent Regulatory Developments

Venture Issuers are Reminded to Consider Recent Regulatory Developments

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May 16, 2016
Featured Insight

What every GC needs to know about Corporate Governance in 2016

This webinar will help you bulletproof your board of directors and senior officers.

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May 11, 2016 - 12:00 PM to 1:30 PM
Featured Insight

Delivery Like It’s 1999: Ontario Proposes Update to Franchise Disclosure Law

Delivery Like It's 1999: Ontario Proposes Update to Franchise Disclosure Law

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Apr 26, 2016
Featured Insight

In this Great Future, You Can’t Forget Your Past – Update to the Government of Canada’s Integrity Regime Provides Clarity, Includes General Anti-Avoidance Provisions

In this Great Future, You Cant Forget Your Past – Update to the Government of Canadas Integrity Regime Provides Clarity, Includes General Anti-Avoidance Provisions

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Apr 6, 2016
Featured Insight

Limited Partnerships: When to Head to Manitoba and When to Stay at Home?

Limited Partnerships: When to Head to Manitoba and When to Stay at Home?

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Mar 12, 2015