The 2004 Ontario budget, announced today, confirms that the Ontario government will propose technical legislation to clarify that investors in publicly traded trusts will not be liable for the activities of the trust. This is consistent with the announcement included as part of the <I>2003 Ontario Economic Outlook and Fiscal Review</I> released on December 17, 2003 by Finance Minister Greg Sorbara

When it comes to ESG, funds and managers are struggling to showcase and validate their initiatives. A clear framework and methodology for independent ESG reporting and certification...

On 10 August 2021, TSX-V listed Southern Energy Corp. announced that it has been admitted to trading on the AIM Market of the London Stock Exchange.

Canada's Prime Minister, Stephen Harper, unveiled his new Cabinet on May 18, 2011, after winning a majority in Parliament in the May 2 election.

Bloomberg News reported yesterday that in an interview given on September 21, Canada's Prime Minister Harper confirmed that capital from China and other countries is welcome provided that acquisitions of Canadian businesses are "economic in nature and don’t have other strategic or political objectives".

As we discussed in this November blog post, the UK's Panel on Takeovers and Mergers made a number of recommendations last year regarding the amendment of the City Code on Takeovers and Mergers.

On May 30, 2023, ATS Corporation, an industry-leading automation solutions provider, closed its previously-announced public offering of the Company's Common Shares in the United States and Canada, representing ATS' initial public offering in the United States and listing of the Common Shares on the New York Stock Exchange.

In McCabe v. British Columbia (Securities Commission), the British Columbia Court of Appeal upheld the ability of the B.C. Securities Commission to penalize McCabe, a resident of British Columbia, for writing and publishing reports promoting shares in a Nevada company.

The BCSC has adopted BC Instrument 13-504 Interim Relief for Issuers Listed on Aequitas NEO Exchange Inc. from the Requirements Pertaining to Venture Issuers effective May 31, 2015.

Earlier this week, Prime Minister Stephen Harper shared major plans to bolster Canada’s venture capital industry by injecting $400 million in new capital over the next seven to ten years.

Assuming the WKSI reassesses its qualification to use the regime annually, the receipt for the prospectus will remain effective for 37 months from the date of its deemed issuance.

In an attempt to arrive at an agreement before the Christmas break, negotiators from the U.S. House of Representatives and the U.S. Senate released on December 15, 2015 statutory language...

On March 13, 2020, Hakken Capital Corp. announced that it had completed its initial public offering of common shares in the capital of the company for gross proceeds of $400,000, ...

On January 8, 2021, HAW Capital 2 Corp. (TSXV: HAW.P) announced that it had completed its initial public offering of 4,000,000 common shares issued at a price of $0.10 per share pursuant to...

On January 27, the Investment Industry Regulatory Organization of Canada (IIROC) issued guidance with respect to the process to be followed by dealers, users and subscribers seeking to obtain an interpretation of, or exemption from, a provision of UMIR.

The Investment Industry Regulatory Organization of Canada recently published a study on the "Impact of the Dark Rule Amendments" which analyses the dark liquidity framework implemented in 2012.

The Mutual Fund Dealers Association of Canada (MFDA) recently released proposed amendments to the MFDA's "Know-Your-Client" rule (Rule 2.2.1) to clarify that suitability obligations extend to leveraging recommendations and to establish transparent minimum regulatory standards in assessing leverage suitability.

​In Ontario Securities Commission v. Tiffin, the Ontario Court of Justice clarified the limits of the definition of "securities" under s.1(1) of the Securities Act, as it relates to promissory notes. The defendant in the case was charged with trading in securities without being registered and while prohibited, and without filing a prospectus.

In the federal government's 2016 budget, the government announced that it will shortly launch a public consultation on the usefulness of the 30% rule.

Manav Singhla and Lori Goldberg publish in the November/December 2024 issue of Water Canada. Their article is entitled "Reduce the risks".