Stay Ahead Podcast with Merv Allen and Deland Kamanga
Jul 21, 2023Mervyn Allen, Partner at McMillan and Co-Leader of the firm's Commercial Real Estate Group, sits down with Deland Kamanga, Group Head of Wealth Management at the Bank of Montreal to discuss finance, diversity, and the future of the banking industry.
Interesting Changes to Interest Rates
Jul 11, 2023For the first time in over 40 years, Canada is making changes to the criminal interest rate.
The End of LIBOR: The Grand Finale (or is it?)
Jul 4, 2023All remaining tenors of USD LIBOR ceased being published on June 30, 2023; synthetic USD LIBOR and the LIBOR Act are available for legacy contracts.
Canadians’ Awareness of Open Banking is Low – But Does it Matter?
Jun 29, 2023The results are in: Canadians’ understanding of open banking is low, according to the Financial Consumer Agency of Canada (“FCAC”).
Why Enforcement on Personal Guarantees Can Be so Challenging for Creditors
Jun 29, 2023Realizing on real estate to enforce a court award is notoriously hard. A recent Ontario court decision has stymied creditors' efforts to fine-tune the process.
Government of Canada Seeks Input on Updating Canada’s Anti-Money Laundering and Terrorist Financing Regime
Jun 21, 2023The Government of Canada has launched public consultations on updating Canada's anti-money laundering and terrorist financing regime.
Creditors May Invalidate Debtor Fraudulent Transfers Occurring Long Before Any Debtor-Creditor Relationship Established
Jun 20, 2023A creditor may undo a transaction as a fraudulent conveyance even if it was not a creditor at the time the debtor made the transfer.
Proposed Updates to Canada’s Anti-Money Laundering and Terrorist Financing Regime
Jun 7, 2023Finance Canada's proposed changes relating to anti-money laundering and armoured car companies, mortgage lenders, and money service businesses.
Secured Lending in Canada: A Guide for U.S. Lenders
Jun 1, 2023A guide to secured lending in Canada; summarizes regulatory matters, tax, security, insolvency and restructuring issues in Canada.
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