CIRO Cybersecurity Table-Top Exercise – The Dry Run

Canadian public authorities and courts are increasingly integrating artificial intelligence tools into their decision-making processes, raising critical questions about procedural fairness and the proper role of human judgment. This comprehensive analysis examines the evolving guidelines from Canadian judicial bodies and governments, explores key lessons from emerging case law, and identifies unresolved legal questions about AI's appropriate use in administrative and judicial contexts.

Canada's federal government is seeking public input on AI transparency measures that could introduce new disclosure obligations, incident reporting requirements, and tracking mechanisms for AI systems. Organizations have until September 23, 2026 to influence the regulatory framework before it takes shape through potential legislation, standards, or mandatory requirements.

Directors will be forgiven for feeling like AI is “everything everywhere all at once”. Yes, our reference to the 2022 Oscar winning film is intentional. Like the movie, AI defies easy categorization. It can be equal parts exhilarating and hallucinatory, impressive and uncomfortable.

On June 4, 2026, the Government of Canada released Canada’s National Artificial Intelligence Strategy: AI for All, a five-year plan to accelerate AI adoption, strengthen domestic AI capacity and build public trust in AI systems. With the release of the AI for All strategy, the Government does not announce a new omnibus AI statute. Instead, it sets out a more targeted policy framework, informed by industry and stakeholder feedback, that organizes federal AI policy around six pillars:

AI is accelerating how quickly work gets done. Outputs are generated faster. Tasks are completed more efficiently. Across industries, organizations are seeing real productivity gains.

AI is everywhere. It’s being tested, approved, and rolled out across organizations. Inaccurate and hallucinated outputs continue to surface, and legal and professional consequences make headlines. Earlier this year, the Georgia Supreme Court suspended a prosecutor after AI-generated fake citations appeared in a court filing, leading the court to vacate the ruling entirely.

The new brand reflects the company’s evolution beyond translation toward broader adaptive AI solutions for high-stakes communication. As enterprise AI rapidly transforms the way organizations operate, high-profile examples of hallucinated outputs and context failures are reshaping expectations around what enterprise AI must deliver.

Depuis le lancement de ChatGPT d’OpenAI à la fin de 2022, l’intelligence artificielle (IA) est rapidement passée d’une technologie faisant l’objet de projets pilotes expérimentaux à un levier opérationnel essentiel pour de nombreuses sociétés ouvertes.

On July 28, 2026, the Ontario Securities Commission’s (OSC) released its 2025 Crypto Assets Survey.[1] The report provides a useful snapshot of how Canadians engage with cryptocurrency assets...

Data centres are at the core of seemingly every major conversation today, whether economic technological, or political. They’re also critical infrastructure: they power cloud computing, enable AI and support the massive volumes of data generated across the economy.

The Canadian investment fund industry is regulated by, among other things, a number of National Instruments. The Investment Fund Rules Book, prepared by members of BLG's Investment Management Group, incorporates the most commonly used national instruments and policies affecting investment funds and their managers, and includes all amendments to the various National Instruments that came into force as of July 1, 2026. It does not reflect other amendments that have been proposed but are not yet in force on the date of publication.

Developers in British Columbia face significant legal consequences for failing to disclose material developments during presale condominium projects, even if construction is eventually completed. A landmark Supreme Court decision examines when post-contract disclosure failures can render purchase agreements unenforceable and whether insolvency proceedings can override consumer protection obligations under REDMA.

British Columbia's new Construction Prompt Payment Act introduces mandatory payment deadlines and expedited adjudication for construction disputes, drawing from similar regimes in Ontario and Alberta while incorporating unique provisions around invoice requirements and holdback releases. How will these changes reshape payment practices and dispute resolution in BC's construction industry, and what lessons can be learned from other provinces' experiences with prompt payment legislation?

Le 29 juillet 2026, l'OCRI et les ACVM ont publié l'Avis conjoint 81-339 concernant les pratiques sectorielles à l'égard des fonds négociés en bourse à l'étranger. Cet avis traite des obligations de prospectus et d'inscription pour les gestionnaires de FNB étrangers, ainsi que des obligations de connaissance du produit, du client et de détermination de la convenance pour les courtiers. Les gestionnaires et courtiers doivent maintenant évaluer leurs pratiques

La Colombie-Britannique introduit un système de paiement rapide pour les projets de construction avec la Construction Prompt Payment Act, établissant des délais stricts de 28 jours pour les maîtres d'ouvrage et 7 jours pour les entrepreneurs. Comment ces nouvelles échéances de paiement et le processus d'arbitrage intérimaire transformeront-ils la gestion des flux de trésorerie et le règlement des différends dans l'industrie de la construction?

Canada's inaugural Investment Summit in September 2026 aims to attract $1 trillion in investment across defence, infrastructure, Indigenous partnerships, technology, energy, critical minerals and agriculture. This analysis examines the federal measures shaping the Summit's agenda and outlines the key legal, regulatory and structuring considerations businesses and investors should evaluate when assessing nation-building opportunities in Canada.

British Columbia's Construction Prompt Payment Act introduces mandatory payment deadlines and fast-track adjudication for construction disputes. Owners must pay contractors within 28 days, contractors must pay subcontractors within seven days, and payment disputes can be resolved through binding adjudication outside the courts. The legislation also shortens the holdback period under the Builders Lien Act and eliminates standalone liens against holdbacks.

A recent Ontario Court of Appeal decision examines the boundaries of social media criticism in development disputes, addressing when heated online debate crosses into actionable defamation. The case explores how courts balance freedom of expression against reputational harm when Facebook posts allege corruption and misconduct, and clarifies the costs consequences for unsuccessful anti-SLAPP motions where malice may be present.

On July 29, 2026, the Canadian Investment Regulatory Organization (CIRO) and the Canadian Securities Administrators (CSA) published joint Staff Notice 81-339 – Industry Practices Relating to Foreign-Listed Exchange-Traded Funds (the Foreign ETF Notice).

The Canadian Securities Administrators have proposed significant amendments to the Listed Issuer Financing Exemption that would permanently codify increased financing limits up to $50 million and introduce greater flexibility for reporting issuers seeking capital. These changes build on the success of a temporary blanket order that dramatically increased both the number of offerings and average capital raised, while introducing new provisions for marketed offerings, successor issuers, and streamlined disclo