Alberta Eliminates Director Residency Requirements
Mar 29, 2021With the proclamation of the Red Tape Reduction Implementation Act (Alberta) into law on March 29, 2021, director residency requirements have been eliminated.
Canadian Government Expands National Security Guidance
Mar 25, 2021On March 24, 2021, Canada’s Minister of Innovation, Science and Industry announced that the government updated its National Security Guidelines.
Capital Markets Modernization Taskforce Recommendations – Proxy System Corporate Governance and Mergers and Acquisitions
Mar 10, 2021High-level overview and commentary on the recommendations set out in Section 2.4 of the Capital Markets Modernization Final Report
LIBOR Newsflash: FCA Announces Dates for Official Cessation and Loss of Representativeness of LIBOR
Mar 10, 2021FCA announces dates for the official cessation and loss of representativeness of LIBOR. Implications for Lenders.
Canada’s Transport Minister Approves Air Transat’s Take-Over by Air Canada
Feb 22, 2021In a long-awaited decision, Canada’s newly appointed Transport Minister approved Air Canada’s acquisition of rival Transat on public interest grounds
LIBOR Newsflash: Announcement on Official Cessation of LIBOR is Expected Soon
Feb 18, 2021IBA and FCA expected to make announcement about the official cessation of LIBOR. Timelines for ceasing new issuances of LIBOR loans.
2021 Canadian Merger Notification and Investment Canada Act Review Thresholds Decrease
Feb 12, 2021The 2021 updates to the merger thresholds under Canada's Competition Act and Investment Canada Act have been announced.
When COVID met MAE in the Ordinary Course: Ontario Court Orders Buyer to Complete its M&A Transaction
Jan 13, 2021The recent decision of the Ontario Superior Court of Justice in Fairstone Financial Holdings Inc. v Duo Bank of Canada has established an important precedent for the interpretation of material adverse effect clauses and covenants to carry on business in the ordinary course, both of which are common features of M&A transaction agreements.
Canada Freezes Shandong out of the Arctic
Dec 22, 2020Canada blocked Shandong Gold's acquisition of TMAC Resources following a national security review under the Investment Canada Act.
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