Recent increases in enforcement actions by the Quebec anti-corruption enforcement unit and the RCMP should be heeded by management of Canadian companies.

An internal investigation may seem like a simple undertaking, but those experienced with investigations know that looks are deceiving.

In this criminal case, Carlos Alberto Pavao was found guilty of defrauding 10 investors in respect of the sale of shares in two gold mining companies, as well as one count of defrauding the public.

Pursuant to Section 347 of the Criminal Code a criminal rate of interest is defined as an effective annual rate of interest, calculated in accordance with generally accepted actuarial practices...

Dismissing an employee is not a pleasant experience. But whether you like it or not, this is one task that most businesses will encounter at some point.

Our Doing business in Canada publication is a general overview of the principal corporate, tax and other legal considerations that would be of interest to foreign businesses wishing to establish or acquire a business in Canada.

It was announced on June 25 that Matthew Hovila of Edmonton was convicted by a jury of engaging in criminal conduct under the Competition Act arising from his operation of a website business.

In Mallat c. Autorité des marchés financiers de France, Justice Carol Cohen of the Superior Court of Quebec clarified how foreign authorities can obtain the help of Quebec's financial regulator ...

This week, the Federal Government tabled Bill S-14 in the Senate to amend the Corruption of Foreign Public Officials Act.

On August 25, 2015, the participating jurisdictions of the proposed Cooperative Capital Markets System published for comment a revised consultation draft of the uniform provincial/territorial Capital Markets Act and draft initial regulations.

Over the past few years, Canadian companies have become increasingly aware of potential civil and criminal liability arising from improper business practices abroad.

The enactment of the Criminal Records Review Amendment Act effective November 30th 2013, will allow volunteer organizations in British Columbia such as local sports associations an easier way to obtain criminal record checks for coaches and officials.

On September 26, 2013, the Canadian Securities Administrators issued Staff Notice 11-326 Cyber Security.

On September 19, 2014, the Bureau de décision et de révision granted a request by the AMF for an administrative penalty of $9,000 against Jacques Gauthier.

Canada’s Industry Minister, Jim Prentice, has released guidelines clarifying the application of the Investment Canada Act to takeovers of Canadian businesses by foreign state-owned enterprises (SOEs).

It is well-established that Canadian law shields directors and officers from personal liability for corporate acts, except in circumstances that justify piercing the corporate veil. In CHU de Québec-Université Laval v. Tree of Knowledge International Corp., the Ontario Court of Appeal confirmed that fraudulent conduct is also a basis for imposing personal liability on officers and directors of a corporation, even where the test for piercing the corporate veil is not met.

In a recent decision, the Ontario Court of ​Appeal overturned a lower court decision that dismissed an action on a summary judgment motion.

This decision could indicate a trend by the OSC to cast a wider net of circumstances it views should be subject to insider trading prohibitions even where there has been no technical contravention of the rules or regulations.

A key addition has been made to the Policy since it was released for comment.

In October 2016, the U.S. SEC announced Ernst & Young LLP agreed to pay $11.8 million to settle SEC allegations related to failed audits at oil services company Weatherford International PLC.