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  • Article

    Loan Forgiveness Deadline Extended For CEBA

    In response to the surge of COVID-19 cases the Federal Government has extended the deadline for repayment of the Canada Emergency Business Account (CEBA) loans to qualify for partial loan forgiveness...
    CanadaFinance and Banking
    Crowe
    Crowe
  • Article

    Material Difference Between Issuer’s Financial Results and Analysts’ Estimates is a Material Fact

    Staff at the Ontario Securities Commission recently issued a news release regarding a warning letter sent to CP Ships Limited.
    CanadaFinance and Banking
    Goodmans LLP
    Goodmans LLP
  • Article

    OSC Staff Provides Views Of Investment Fund Prospectus Disclosure

    The OSC released a notice today setting out the views of OSC Staff on the disclosure required by investment funds that use Form 41-101F2 (pre-IFRS version, IFRS version) when filing prospectuses.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Reminder Regarding 30-Day Extension For First IFRS Interim Financial Reports

    Issuers filing their first IFRS interim financial report should keep in mind that the filing deadline has been extended by 30 days.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    SEC and PCAOB Host Public Roundtable on Internal Control

    The internal control rules under section 404 of the Sarbanes-Oxley Act of 2002 have been in place for two years in the United States and have generated more controversy than any other corporate governance reform.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    SEC Grants Smaller Companies A Year´s Extension For Auditor Attestation

    The SEC has granted a one-year extension for smaller public companies to comply with the auditor attestation requirement under section 404 of the Sarbanes-Oxley Act.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    Canada Emergency Response Benefit Advance Payment

    The Federal Government has announced the repayment of the Canada Emergency Response Benefit (CERB) required for those recipients who were not eligible to receive the aid.
    CanadaGovernment, Public Sector
    Crowe
    Crowe
  • Article

    Credifinance Securities Limited v DSLC Capital Corp

    In this case, the Court of Appeal for Ontario explained the conditions under which a constructive trust remedy can be granted in favour of defrauded creditors after the fraudster enters into bankruptcy proceedings.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    WeirFoulds LLP
    WeirFoulds LLP
  • Article

    DIP Financing In A CCAA

    In Stomp Pork Farm Ltd., Re, ("Stomp Park Farm") the Saskatchewan Court of Appeal partially overturned orders granted from the Saskatchewan Court of Queen's Bench which approved debtor in possession financing ("DIP Financing").
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    Stay Of Proceedings Lifted In Cross-Border Reorganization To Allow Pursuit Of Insured Claim

    In Re: Carrey Canada Inc. (2006) CarswellOnt. 7748, the Ontario Superior Court considered an application for the lifting of the stay to allow certain creditors of the debtor to pursue a claim which may have been insured under the debtor’s liability policy.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    British Columbia Government Announces Its Support of the BC Film Industry

    On January 20, 2005, Finance Minister Colin Hansen and Premier Gordon Campbell announced BC Film tax credit rate increases for foreign and domestic productions.
    CanadaMedia, Telecoms, IT, Entertainment
    Goodmans LLP
    Goodmans LLP
  • Article

    Quebec Announces Increase to the Quebec Refundable Tax Credit for Film or Television Production Services

    On December 30, 2004, the Quebec Minister of Finance, the Honourable Yves Séguin, on behalf of the Quebec Government, announced an increase in the rate of the Quebec Refundable Tax Credit for Film or Television Production Services from 11% to 20% of eligible Quebec labour costs
    CanadaMedia, Telecoms, IT, Entertainment
    Goodmans LLP
    Goodmans LLP
  • Article

    Credit Market Turmoil And Stimulus Package Bolster U.S. Loan Buybacks

    The credit crisis that began in August of 2007 and intensified with Lehman Brothers' September 2008 bankruptcy continues largely unabated in U.S. loan markets in early 2009.
    CanadaStrategy
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    Personal Income Tax Organizer

    Whether you've been preparing your taxes for years or are new to filing taxes, Crowe MacKay's personal income tax organizer is a great resource to ensure you provide everything your...
    CanadaTax
    Crowe
    Crowe
  • Article

    Personal Income Tax Organizer

    Whether you've been preparing your taxes for years or are new to filing taxes, Crowe MacKay's personal income tax organizer is a great resource.
    CanadaTax
    Crowe
    Crowe
  • Article

    Revenue Agencies: Tax Audits Are Back

    We are all eagerly awaiting a return to normal life following the fifth wave of the COVID-19 pandemic.
    CanadaTax
    Fasken
    Fasken
  • Article

    Vancouver: The New Tech Hub

    Vancouver's long list of awards and accolades seems interminable.
    CanadaTechnology
    Crowe
    Crowe
  • Article

    Five Standards To Have Different Effective Date In The EU Vs Rest Of World

    The EU’s likely endorsement of a wave of standards for 2014 means that IFRS reporters will have to early adopt the standards in 2013 if they need to claim compliance with IFRS and EU IFRS.
    CanadaAccounting and Audit
    PwC Management Services LP
    PwC Management Services LP
  • Article

    IFRS In The Pipeline

    Alas, the 2013 IFRS changes on the preceding page are just the beginning – there’s much more in the pipeline.
    CanadaAccounting and Audit
    PwC Management Services LP
    PwC Management Services LP
  • Article

    IFRS 16 – Changes That Impact Borrowers And Lenders Are Coming To Canada - Are You Ready?

    On January 1, 2019, new accounting practices will affect all countries that employ the International Financial Reporting Standards (IFRS), including Canada.
    CanadaFinance and Banking
    Cassels
    Cassels

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