1,722 results found

In Canada v. Atlas Tube Canada ULC, the Federal Court (FC) ordered a draft due diligence report prepared by Ernst & Young LLP (Canada) to be produced to the Canada Revenue Agency (CRA).

These year-end financial documents are key for your law firm's various year-end filings with various regulatory bodies.

It’s impossible these days to avoid hearing about new regulatory initiatives responding to the financial crisis.

As an entrepreneur either just starting out with a business idea or growing an already established business, it is easy to get buried in the big idea and neglect the administration or business details.

Given the continuing economic uncertainties and market volatility, we expect that assessing investments in AFS equity instruments for impairment will be a significant issue for companies holding these investments at year-end.

The 2015 conference of the Prospectors and Developers Association of Canada (PDAC), one of the most influential annual resources sector meetings in the world, is scheduled for the Metro Toronto Convention Centre March 1 – 4.

The constant expanding and fluidity of the global economy has shrunken our world, creating an interactive village. Increasing business connectivity and cross-border interactions have led to a need for a common financial language and a common yardstick to compare financial performance.

We recently met with one of our clients, a general practitioner, who was in the process of taking on an associate.

The IASB has recently published amendments to IFRS 11, addressing Accounting for Acquisitions of Interests in Joint Operations.

Most jurisdictions in Canada require the unanimous consent of all shareholders, including nonvoting shareholders, in order for a nondistributing corporation to dispense with an audit.

Stock options are an often-used employee incentive in the tech sector. The options grant employees the right to buy shares of the company at a predetermined price, allowing them to participate in its future growth.

On June 22, 2020, British Columbia introduced amendments to the Mines Act. The proposed amendments formalize the separation of the Ministry of Energy, Mines and Petroleum Resources'

The issue of the appropriateness of Canadian subsidiaries guaranteeing obligations of affiliated U.S. entities in insolvency situations has recently received significant comment in the Ontario Superior Court of Justice.

What happens when a prospectus forecast is not met? The Ontario Court of Appeal recently provided some guidance to public company directors and officers on this issue in a case where the prospectus forecast was actually achieved in the end (Kerr v. Danier Leather Inc.).

On Friday, April 2, 2004, the Ontario Court of Appeal released a decision that may have a significant effect on how receivers and trustees in bankruptcy realize on the assets of a business where a trade union holds bargaining rights for employees of an insolvent company

Debtor-in-possession financing (“DIP financing”), which is new short-term financing obtained by an insolvent company after the commencement of an insolvency proceeding, is a recurring theme for two primary reasons.

On December 16, 2010, the Supreme Court of Canada (SCC) released its decision in "Re Ted Leroy Trucking Ltd." In its decision, the SCC affirmed the importance of the "Companies’ Creditors Arrangement Act" (CCAA) as a flexible restructuring tool, and clarified the source and limits of the Court’s authority during CCAA proceedings.

In the midst of the ongoing restructurings of Nortel and AbitibiBowater, New Democrat Member of Parliament John Rafferty (Thunder Bay – Rainy River) introduced a bill to amend the Bankruptcy and Insolvency Act (the "BIA") and the Companies’ Creditors Arrangement Act (the "CCAA") with the goal of better protecting employees’ interests in the context of formal insolvency proceedings.