ArticleAlberta's Bill 84 Part I: First In Canada, Corporate Opportunity WaiversDirectors and officers owe fiduciary duties to the corporations they serve.CanadaCorporate/Commercial LawMcLennan Ross LLP
ArticleAlberta Eliminates Director Residency RequirementsThe RTRI Act amendments relating to business corporations were proclaimed into law on March 29, 2021.CanadaCorporate/Commercial LawMcMillan LLP
ArticleBattles Will Continue In Active Year For Proxy FightsThe economic downturn is making proxy fights one of the stories of the year for 2009. Most battles have been in the resource sector so far, particularly with junior mining companies. CanadaCorporate/Commercial LawNorton Rose Fulbright Canada LLP
ArticleCertain Canadian Securities Regulators Require Disclosure Of Women In Boards And In Senior Management For Non-Venture IssuersParticipating Jurisdictions will implement amendments intended to increase transparency of the representation of women on the board of directors and in senior management.CanadaCorporate/Commercial LawMiller Thomson
ArticleChanges To Ontario's Business Corporations Act Come Into Effect July 5The significant amendments to the Business Corporations Act (Ontario) (the "OBCA") introduced by the Better for People, Smarter for Business Act, 2020 ("Bill 213") were proclaimed into force and took effect on July 5, 2021.CanadaCorporate/Commercial LawFogler, Rubinoff LLP
ArticleComplying With Canada's Forced And Child Labour In Supply Chains Act: Are You Ready?Under Canada's new modern slavery legislation, the Fighting Against Forced Labour and Child Labour in Supply Chains Act (Act), Canadian public companies and private businesses that meet certain size thresholds...CanadaCorporate/Commercial LawBlake, Cassels & Graydon LLP
ArticleCOVID-19 Considerations For DirectorsOn March 11, 2020, the World Health Organization officially declared COVID-19 a pandemic. CanadaCorporate/Commercial LawBennett Jones LLP
ArticleCrowe MacKay Welcomes New CEOStefan is the current Managing Director of the firm's West Coast Offices, leading teams in Vancouver, Surrey, and on the Sunshine Coast and also serves on the Crowe Global Board of Directors.CanadaCorporate/Commercial LawCrowe
ArticleDerivative ActionsThe powerful but infrequently-used remedy known as the "derivative action" permits a shareholder or other complainant to advance an action on behalf of the corporation when the corporation refuses to bring the action itself.CanadaCorporate/Commercial LawLerners LLP
ArticleDirectors Beware: The Ontario Court Of Appeal Reminds Directors That They Are Personally Liable For The Tortious Conduct They Engage In On Behalf Of The Corporation, Even If Carried Out In The Best Interests Of The CorporationThe Ontario Court of Appeal confirms that directors can be held personally responsible for their tortious conduct, even if that conduct is directed in a bona fide manner to the best interests of the corporation.CanadaCorporate/Commercial LawBorden Ladner Gervais LLP
ArticleDisclosing "Outside Business Activities" – OSC Amnesty Deadline Ends March 27, 2015Registered representatives and "permitted individuals" (representatives) must disclose any outside employment and business activities to their sponsoring firms and to the securities regulatory authorities where they are registered.CanadaCorporate/Commercial LawBorden Ladner Gervais LLP
ArticleDuties Of Directors Of Subsidiary Corporations: A Brief OverviewUnder corporate law, directors have a duty to act honestly and in good faith in the best interests of the corporation for which they are directors. CanadaCorporate/Commercial LawLerners LLP
ArticleExecutive And Director Compensation TrendsAmidst high inflation, economic uncertainty, shareholder activism and a continued focus on the executive-to-employee pay disparity, executive compensation continues to attract heightened scrutiny.CanadaCorporate/Commercial LawTorys
ArticleFederal Government Proposes New Rules For CorporationsThis article looks at proposed rules by the federal government concerning corporate governance. CanadaCorporate/Commercial LawRidout Barron
ArticleIIROC Guidance On Soliciting Dealer Arrangements And The Use Of "Vote Buying"� In Contested Director ElectionsThe Notice addresses key considerations that have arisen from the use by boards and others of soliciting dealer arrangements.CanadaCorporate/Commercial LawGoodmans LLP
ArticleImproving The Financial Literacy Of Board MembersFor board members, understanding the organization's financial position is a necessity for effective oversight, as well as a fiduciary duty.CanadaCorporate/Commercial LawCollins Barrow National Incorporated
ArticleKatanga Settles With OSC For $30 millionKatanga Mining Limited, which operates a copper mine and other copper and cobalt facilities in the Democratic Republic of Congo, has entered into a settlement agreement with Ontario Securities Commission staff, which has been approved by a hearing panel of the Commission.CanadaCorporate/Commercial LawBorden Ladner Gervais LLP
ArticleObligations Of Directors Of Professional Bodies In The Age Of Social MediaDid you know that members of the board of directors ("BOD") of a professional body (also referred to as a "professional order" in Quebec) are required to demonstrate objectivity...CanadaCorporate/Commercial LawLanglois Avocats
ArticleOntario Modernizing Its Business Corporations ActThe Government of Ontario has proposed important changes to the Ontario Business Corporations Act (the "OBCA") that will make Ontario a more welcoming jurisdiction for non-Canadian ...CanadaCorporate/Commercial LawMcMillan LLP