COVID-19 is having a dramatic effect on the economy. The Government of Canada has taken a number of steps to help support the financing sector to ensure that borrowers are able to access loans.

On May 1, 2020, OSFI, Canada's prudential banking regulator, issued guidance on the use of internal capital buffers by small and medium-sized banks and related capital management expectations during the current COVID-19 pandemic.

In Saskatchewan, the court exercises a supervisory role in foreclosure proceedings. This role is to ensure that the correct processes and law are followed

Over the past few weeks, terms like "social distancing" and "self-isolation" have found their way into the common vernacular and will no doubt end up being the Merriam Webster words of the year.

As a result of the ongoing COVID-19 pandemic, the Canadian Securities Administrators (CSA) have implemented extended relief from certain regulatory filings and delivery obligations for non-investment fund issuers (Issuers) and ...

IIROC announced this week that it is deferring collection of its fees for small and medium-size IIROC dealer member firms in light of the COVID-19 situation.

The Ontario government's 2021 budget was delivered on March 24, 2021. Although there was no doubt that the focus of the budget would be on the ongoing health...

As we all adjust to life in the midst of the COVID-19 pandemic, many have been donating time and/or money to help those in need. Last week, Jack Dorsey, the CEO of Twitter and Square, announced that he is putting $1 billion...

COVID-19 Relief - Highly Affected Sectors Credit Availability Program (HASCAP) Guarantee

In 2020, as offices and workplaces across Canada closed or reduced staffing capacity due to COVID-19, many Canadian workers who normally performed work at their employer's worksite were suddenly required to work from home, either fully or partially.

The Canada Media Fund (CMF), with the support of Telefilm Canada (Telefilm), has announced a further new funding initiative to support the Canadian audiovisual industry...

The CMF and Telefilm Canada have each announced how they will distribute the $115.8 million dollars allocated to them by the federal government out of the COVID-19 Emergency Relief Fund for Cultural, Heritage and Sport Organizations.

In response to pleas for clarity and guidance from employees and the tax community, on September 11, 2020, the Canada Revenue Agency (CRA) conducted a consultation hosted by the...

Recent divestments by certain major global investment funds of their holdings in companies due to ESG concerns demonstrates the increasing importance of ESG as an investment criteria for all classes of investor.

The coronavirus pandemic has brought far-reaching economic shock waves across the country. Over one million jobs have been lost in Canada due to COVID-19 in the month of March alone. As this crisis continues...

On March 18, 2020, the Government of Alberta directed that certain residential, farm, and small commercial utility customers in Alberta be given an option to defer the payment of electricity and

The COVID-19 pandemic (the "Pandemic") sent shockwaves through the global economy, profoundly impacting various sectors, including the lending industry.

Many junior resource exploration companies have seen their operations interrupted by the COVID-19 pandemic. On July 10, 2020, to help offset the economic burden of this impact

The Government of Canada has announced that they will be taking immediate measures to provide financial aid to Canadians facing hardship as a result of the COVID-19 pandemic.

The Canadian economy, much like the world economy, is completely paralyzed. COVID-19 is the first health emergency that has brought the world economy to a standstill.