2,196 results found

On February 24, 2021, the Competition Bureau announced that it had concluded its multi-year investigation into allegations of misleading advertising by FlightHub and reached a consent agreement to resolve its concerns, ...

Responding to challenges that issuers are facing during the COVID-19 pandemic, ISS has published policy guidance with regard to its global benchmark policies for the 2020 proxy season.

The start of a new year is the ideal time for boards to review their accomplishments and establish priorities for the year ahead. To ensure sound governance and effective leadership...

When a publicly traded corporation contractually commits to advancing defense costs to its directors, can it refuse payment by alleging bad faith and demanding a preliminary evidentiary hearing? The Quebec Court of Appeal will now address this central question in corporate governance after granting leave to appeal a Superior Court decision that ordered Gildan Activewear to advance C$750,000 to ten former directors. This case examines the intersection of statutory indemnification provisions and mandatory con

The Alberta Securities Commission ("ASC") has published a notice and request for comment on proposed amendments to National Instrument 58-101 Disclosure of Corporate Governance Practices.

Under the Corporations Information Act (Ontario), corporations are required to file an Annual Return with the Ministry of Public and Business Service Delivery and Procurement (the "Ministry") within six (6) months...

Differing viewpoints have recently arisen as to whether fairness opinions are admissible during court approval of plans of arrangement.

The business corporations acts confer a clear right on shareholders to receive audited financial statements annually, unless they have expressly waived this right.

For a private company involved in legal proceedings, a request by other parties for the disclosure of its financial statements can be cause for concern...

On May 1, 2020, as a result of amendments to the Business Corporations Act (British Columbia), each British Columbia private company must have in place and thereafter maintain a transparency register.

Corporations Canada is advising that developing those regulations will take approximately 18 to 24 months.

As of August 31, 2022, the Canada Business Corporations Act (the "CBCA") has been amended with respect to the election and appointment of directors, inter alia. These changes will affect federally...

Securities regulators have published amendments to the corporate governance disclosure requirements, intended to increase transparency regarding the gender diversity of boards.

In a recent decision of the Ontario Superior Court of Justice, the court found that a corporation without share capital, apparently incorporated for the purpose of commencing the litigation,

COVID-19, a new disease caused by the novel coronavirus, has a confirmed presence in over 100 countries and dominates the global media.

The CSA are currently seeking comments on the documentation supporting the application for recognition of the New SRO, and the approval and acceptance of the New IPF.

The C&J decision is of interest for boards of directors of Canadian corporations even though the legal environment governing change-of-control transactions is somewhat different north of the border.