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In a recent settlement, the Alberta Securities Commission (ASC) sanctioned the President and Chief Executive Officer (the "CEO") of a Toronto Stock Exchange listed oil and gas company (the "Company") for sharing...

As we reflect on 2011 and try to predict what 2012 will hold for capital markets in Canada, we are faced with the undeniable fact that the only identifiable "certainty" for the near to medium term is continued uncertainty and a degree of volatility.

The interest stops rule operates upon the commencement of an insolvency proceeding to prevent additional contractual interest from accruing on unsecured debt.

The Canadian Securities Administrators (CSA) has provided new guidance on the use of the listed issuer financing prospectus exemption (the "Exemption") in CSA Staff Notice 45-330...

On April 26, 2012 the Canadian government introduced legislation which provides a framework for the issuance of covered bonds by Canadian financial institutions.

As Saskatchewan municipalities and cities implement programs in response to the COVID-19 pandemic, such as deferring utility payments and payment of property taxes, these measures have...

Numerous Canadian mining companies have recently found themselves publicly correcting or retracting disclosures made regarding their mineral projects.

On March 23, 2011, the European Securities and Markets Authority (ESMA), the successor entity to the Committee of European Securities Regulators (CESR), published an update of the CESR’s Recommendations (Recommandations) for the consistent implementation of the European Commission's Regulation on Prospectuses, with revised guidance as to the content requirements of prospectuses issued by resource companies, including, for the first time, recommendations as to content requirements of a competent

Federal Finance Minister Jim Flaherty announced on September 19, 2013 that a deal between the federal government, Ontario and British Columbia has been struck to create a single cooperative national capital markets regulatory system.

The OSC is continuing to prioritize a number of initiatives that are intended to support innovation and ensure that Ontario securities regulation keeps pace with technological innovation.

It was hailed as the most anticipated IPO of "recent history" but quickly became the subject of class actions, regulatory interest and even preliminary inquiries by congress.

On December 7, 2009 the Toronto Stock Exchange ("TSX") staff issued a notice (the "Notice") providing guidance on: anti-dilution provisions for convertible securities; amendments to add a cashless exercise feature to security-based compensation arrangements; and the uptick prohibition for purchases made pursuant to normal course issuer bids.

Financial challenges can cast a shadow over your life, but there are solutions to help you find your way back into the sunlight. In Canada, two common options for individuals grappling with unmanageable...

The model Industry Agreements developed by the Canadian oil and gas industry (such as the CAODC-CAPP and PSAC contracts) stipulate that any unpaid contractor invoices shall bear interest at a rate...

Budget 2021 proposes three new anti-avoidance measures to address what the government views as transactions undertaken to circumvent section 160 of the Tax Act.

The System for Electronic Document Analysis and Retrieval (SEDAR) is the current system used by public companies to file documents under Canadian securities law.

Standard & Poor’s Rating Services (S&P) has announced an update to its criteria for analysing streaming transactions.

Last year, Citibank made what was likely the costliest bank error in history. To the astonishment of many observers, a U.S. federal court in New York...