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

Feb 7, 2023

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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2023 Merger Notification and Investment Canada Act Thresholds Updates

Feb 6, 2023

Providing updates on the 2023 merger thresholds under Canada's Competition Act and Investment Canada Act.

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Quebec: New Obligations in Terms of Corporate Transparency

Feb 1, 2023

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

Dec 23, 2022

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

Dec 23, 2022

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

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Modernization of the Investment Canada Act is Underway

Dec 12, 2022

The Canadian federal government introduced Bill C-34, An Act to Amend the Investment Canada Act, to modernize Canada’s national security regime.

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

Nov 30, 2022

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

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Gates are Open for Consultation on Round Two of Competition Act Amendments

Nov 21, 2022

The Canadian government is consulting on proposed amendments to the Competition Act.

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CSA Reports a Correlation Between Diversity Targets and Women Representation on Boards

Nov 9, 2022

More women are sitting on boards, reports the Canadian Securities Administrators.