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  • Article

    Through Hell, High-Water And COVID-19 – Hell Or High-Water Provision Upheld In Aircraft Lease Agreements By English And Wales High Court

    COVID-19 has created global uncertainty, including in the business of equipment and aircraft financiers.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Extraordinary Times Call For Extraordinary Measures: Three Things Everyone Needs To Know About The Canadian Government's Tax Response To Covid-19

    The Government of Canada is taking immediate, significant and decisive action to help all Canadians who are dealing with financial hardship as a result of the Covid-19 outbreak.
    CanadaTax
    Wildeboer Dellelce LLP
    Wildeboer Dellelce LLP
  • Article

    Finance Canada/CRA: GST/HST Update And End Of GST/HST And Customs Duties Deferral

    On June 29, 2020, Finance Canada announced that there will be no extension of the relief that was announced by the CRA on March 27, 2020, which allowed all businesses to defer, until June 30, 2020...
    CanadaTax
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    Electronic Communications - A Key Tool For Compliance With Disclosure Obligations For Ontario Plan Administrators Amidst COVID-19 Business Disruption

    The ongoing COVID-19 pandemic continues to cause significant business disruption across all sectors of our society. Pension plan administrators are not immune to this disruption.
    CanadaCoronavirus (COVID-19)
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    New Paycheck Protection Program Flexibility Act Modifies Terms Of PPP

    In this bulletin, we discuss the modifications made by the PPP Flexibility Act to the terms and conditions of the PPP.
    CanadaCoronavirus (COVID-19)
    Torys
    Torys
  • Article

    A CERB Application Update

    On Friday, April 3rd, 2020, the Government of Canada released a comprehensive question and answer resource on the Canada Emergency Response Benefit. Specifically, eligibility requirements and the application process was clarified.
    CanadaCoronavirus (COVID-19)
    Gardiner Roberts LLP
    Gardiner Roberts LLP
  • Article

    Bank Of Canada Issues Statement Asking Retailers To Continue Accepting Cash

    On April 13, 2020, the Bank of Canada issued a news release "strongly advocating" that Canadian retailers continue accepting cash during the COVID-19 pandemic.
    CanadaFinance and Banking
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    A Short Primer: The Debt Forgiveness Rules

    Due to the recent economic shock of the COVID-19 pandemic, many businesses are considering various options to weather the economic shock.
    CanadaCoronavirus (COVID-19)
    Lawson Lundell LLP
    Lawson Lundell LLP
  • Article

    Basel Committee Introduces COVID-19 Measures

    The Basel Committee on Banking Supervision has introduced additional measures to alleviate the impact of COVID-19 on the global banking system.
    CanadaCoronavirus (COVID-19)
    Fasken
    Fasken
  • Article

    Canadian Securities Regulators And TSX Issue Temporary Exemptions From Certain Requirements In Response To COVID-19

    As we reported in our March 19, 2020 Update, Canadian Securities Regulators Offer Filing Relief for Market Participants and Support Virtual Meetings, the Canadian Securities Administrators...
    CanadaCoronavirus (COVID-19)
    Goodmans LLP
    Goodmans LLP
  • Article

    COVID-19 Financial Resources For Businesses And Individuals In Manitoba

    We have compiled the following summary of the resources and financial assistance that are presently available to Manitoba businesses and individuals...
    CanadaCoronavirus (COVID-19)
    MLT Aikins LLP
    MLT Aikins LLP
  • Article

    COVID-19: Financial Services Update, Lenders Obligation To Act In A Commercially Reasonable Manner And Their Duty Of Good Faith

    In credit agreements, a lender's future discretion or consent is often qualified by the language that the lender will act "reasonably".
    CanadaCoronavirus (COVID-19)
    Miller Thomson
    Miller Thomson
  • Article

    COVID-19: Sales Tax And Tax Controversy Updates And Insights

    Businesses of all sizes are scrambling to adapt to the constantly changing world in which we find ourselves. Owners are worried about cash flow.
    CanadaCoronavirus (COVID-19)
    Miller Thomson
    Miller Thomson
  • Article

    Extensions Granted To Federal Not-For-Profit Corporations To File Their Annual Corporate Returns – Ontario Aligned With Canada Revenue Agency

    Corporations Canada has issued another notice, this time announcing extensions for the filing of annual corporate returns by federal not-for-profit corporations given the upheaval caused by the COVID-19 pandemic (Notice).
    CanadaCoronavirus (COVID-19)
    Torkin Manes LLP
    Torkin Manes LLP
  • Article

    M&A In The Midst Of A Black Swan Event

    As the devastating financial impacts of the coronavirus pandemic are felt by businesses of all sizes around the world, M&A decision makers are reviewing transactions that are currently underway...
    CanadaCoronavirus (COVID-19)
    Clark Wilson LLP
    Clark Wilson LLP
  • Article

    OSFI Provides Further Guidance To Administrators Of Federally Regulated Pension Plans Amidst The COVID-19 Pandemic

    On March 27, 2020 the Office of the Superintendent of Financial Institutions (OSFI) announced a series of regulatory adjustments designed to help reduce some of the operational stress on...
    CanadaCoronavirus (COVID-19)
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    Pension Plan Regulatory Relief And COVID-19

    In our most recent post, we highlighted some of the regulatory relief available to administrators of Ontario registered pension plans as a result of COVID-19.
    CanadaCoronavirus (COVID-19)
    Miller Thomson
    Miller Thomson
  • Article

    Provincial Economic And Fiscal Update: Significant Health Sector Funding

    The Action Plan has been released instead of the previously-anticipated full provincial Budget due to the effects of COVID-19 on the economy.
    CanadaCoronavirus (COVID-19)
    Miller Thomson
    Miller Thomson
  • Article

    Tous Concernés : Débiteurs Et Prêteurs Canadiens Adoptent Une Approche Calme Et Prudente

    À l'instar de nos homologues conseillers financiers, nous observons une augmentation considérable des appels téléphoniques des débiteurs, ...
    CanadaCoronavirus (COVID-19)
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    A Busy Holiday Weekend For The Federal Government – The Canada Emergency Wage Subsidy

    No finding the afikoman or Easter egg hunt for members of the federal Government this past weekend.
    CanadaTax
    Wildeboer Dellelce LLP
    Wildeboer Dellelce LLP

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