Navigating Lending Transactions: The 49th Parallel (Video)

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.

‘Interest’ is deductible in terms of section 24J(2) of the Income Tax Act. The term ‘interest’ is defined to include any interest ‘or similar finance charges’. The meaning of ‘similar finance charges’ has been uncertain since the 2016 amendment replaced the broader expression ‘related finance charges’ with ‘similar finance charges’. Under the previous wording, the SCA held in CSARS v South African Custodial Services that various costs closely connected to obtaining finance, including guarantee, advisory, margin, commitment, legal and administration fees, qualified as ‘related finance charges’.

L'OCRI continue d'utiliser des dispenses pour relever les défis pratiques liés à la réglementation des courtiers membres. Les dispenses accordées en 2025 visaient plusieurs domaines récurrents, notamment les activités de négociation, la double inscription, les cryptoactifs, le prêt de titres et l'assurance des compétences, démontrant une approche de réglementation fondée sur des principes et la proportionnalité.

GP stakes transactions—namely, minority investments by third-party investors in a private asset manager—were once viewed primarily as a founder liquidity tool. The market, however, has evolved well beyond that original story, with these transactions increasingly framed as strategic partnerships rather than mere financing events.

The AI boom is creating unprecedented demand for GPUs, servers, power systems, cooling infrastructure, and other data center assets in Canada. As highlighted in the Equipment Lease & Finance Association’s (ELFA) recent article, as part of the data center “gold rush,” equipment finance has become a critical part of the capital stack supporting data center development, with lenders increasingly financing GPU-backed infrastructure and related technology assets. Canada’s cooler environment, expansive geography and access to abundant water and electricity in certain provinces, make the country a desirable location to build data centers.

The Planning Gap, with Shannon Lee Simmons. This episode focuses on the gab between having a financial plan and implementing it...

The arrival of prediction markets in Canada has introduced a wave of practical challenges and emerging legal and regulatory issues, including questions relating to the scope of permissible trading, the limitations of traditional market surveillance, and new dynamics relating to the use of confidential information.

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

The Canadian Securities Administrators and CIRO have issued guidance clarifying their regulatory stance on event contracts and prediction markets. While declining jurisdiction over sports and entertainment-based contracts, regulators maintain oversight of event contracts tied to economic and financial indicators, creating a nuanced framework that requires careful analysis of each product's structure and underlying event.

Canadian securities regulators have established a limited framework for prediction markets, restricting which event contracts can be offered to investors and under what conditions. While certain economic and financial forecasts may be traded through authorized dealers, contracts based on political events, sports, or entertainment remain prohibited, and compliance with securities law does not resolve potential exposure under criminal gambling provisions.

As organisations continue to navigate their responsibilities under the Building Safety Act, understanding competence, organisational capability and governance has never been more important. This video explores how expectations around competence have evolved since the introduction of the Building Safety Act and what organisations should be doing to meet their legal obligations, covering both individual and organisational competence requirements.

Employers that rely on the Temporary Foreign Worker Program (TFWP) to retain skilled temporary foreign workers (TFWs) via high-wage or low-wage stream Labour Market Impact Assessments (LMIAs) are facing a growing crisis.

Prime Minister Mark Carney announced on September 15, 2026, that the federal government will open Canada’s four largest airports to private investment through long-term concession arrangements. Speaking at the inaugural investment summit, Prime Minister Carney outlined a vision to unlock new capital and operational expertise while retaining public ownership of the underlying land and assets.

Health Canada's recent enforcement action against unauthorized injectable peptides signals a regulatory shift that wellness companies cannot afford to ignore. While peptides dominate influencer marketing and online wellness spaces, their legal status in Canada depends on factors far more complex than social media trends suggest. Understanding how route of administration, therapeutic claims, and market authorization intersect is now critical for compliance.

Canadian data centre development is entering a critical phase as provincial governments introduce new frameworks for power allocation and pricing. With electricity access becoming increasingly competitive and conditional, developers face evolving regulatory landscapes in British Columbia, Ontario, Alberta, and Québec that could fundamentally reshape project economics and timelines.

Canada's new Productivity Mega Deduction promises to slash the marginal effective tax rate on business investment to just 6.4%, positioning the country as the most competitive G7 nation for capital deployment. This permanent tax incentive extends immediate expensing to roughly 65% of capital assets, fundamentally reshaping the economics of investing in Canadian operations across manufacturing, energy, technology, and resource sectors.

The rapid expansion of data centre infrastructure has made these facilities a focal point for technological innovation and intellectual property investment. From server configurations to advanced cooling systems, the technologies deployed inside data centres represent significant R&D expenditure and competitive advantages. Patent protection offers operators and developers opportunities to safeguard innovations...

Todd Burke of Gowling WLG's International Board sits down with British High Commissioner Rob Tinline to explore the evolving Canada-UK partnership and the commercial opportunities emerging across priority sectors like quantum computing, naval shipbuilding, and nuclear energy. Their discussion examines how these two nations are working together to advance trade, embrace innovation, and reduce barriers to cross-border collaboration in an increasingly competitive global landscape.

A recent Ontario Court of Appeal decision provides important guidance for commercial lenders, borrowers, and guarantors on what happens when a loan is accelerated following default.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership entered into force between Canada and the United Kingdom on September 1, 2026, fundamentally reshaping bilateral trade relations and investment frameworks. This development arrives as Canada actively diversifies away from U.S. trade dependence while the UK advances its post-Brexit global strategy, creating expanded market access for businesses on both sides of the Atlantic.