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In May 2018, An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act and the Competition Act (Bill C-25) received Royal Assent.

Among the few technical tax measures affecting the charitable and non-profit sector proposed in the federal budget tabled on April 19, 2021 (the "2021 Budget")...

In-house counsels in Ontario serve as critical advisors not just to senior management, but often to boards of directors as well. Understanding the statutory and common law duties...

The increased transparency regarding the representation of women on boards and in executive officer positions is intended to assist investors when making investment and voting decisions.

In November 2013, Dole Food Co., Inc. ("Dole") was taken private by its long-time Chairman and Chief Executive Officer, David Murdock.

Most organizations have documented policies and procedures regarding governance, strategy and risk management, however, this doesn't always translate into success from a Board of Directors' governance standpoint.

CRA position on members as shareholders and benefit issues

Proxy advisors Institutional Shareholder Services (ISS) and Glass Lewis have updated their respective Canadian Proxy Voting Guidelines for 2024.

In our latest episode, Rahul Bhardwaj, President & CEO of the Institute of Corporate Directors, joins Alexa Translations CEO, Gary Kalaci, for an inspiring conversation...

D'importantes modifications à la Loi sur les sociétés par actions de l'Ontario (la « LSAO ») entreront en vigueur le 5 juillet 2021. Les modifications suppriment l'obligation qui incombe...

An exemption for reporting issuers incorporated under the Canada Business Corporations Act (CBCA) from the form of proxy requirements for the uncontested election of directors...

In Frye v. Frye Estate, the Ontario Court of Appeal held that a bequest of shares was valid, notwithstanding that such bequest was clearly contrary to the explicit terms of a unanimous shareholder agreement and letters patent.

The Ontario Court of Appeal’s recent decision in Bennett v. Bennett Environmental Inc. has clarified the entitlement of a director to indemnification from a corporation under the Canada Business Corporations Act.

On June 27, 2013, the Ontario Securities Commission released OSC Staff Notice 11-768 Notice of Statement of Priorities for financial year to end March 31, 2014.

The Court of Appeal for Ontario has reaffirmed the high threshold for “piercing the corporate veil,” while clarifying that wrongful conduct need not occur at incorporation nor relate to a directing mind’s corporate...

In Neo Material Technologies Inc., the Ontario Securities Commission (OSC) was asked to set aside a shareholder rights plan established by the board of directors of the target of a hostile take-over bid.

The Not-for-profit Corporations Act (Ontario) (ONCA) that we have been waiting for since 2010 is likely going to come into effect on January 1, 2021 or shortly thereafter.

Sponsors of private equity and venture capital funds (Sponsors) should consider the applicability of the reporting requirements, due on May 31, 2024...