ArticleWhat We're ReadingA paper by Professor Sean O’Connor of the University of Washington School of Law that argues that the "the JOBS Act relaxed disclosure rules".CanadaCorporate/Commercial LawCassels
ArticleA Foreign Affair - Why Canadian Investors Are Getting In Bed With International MarketsAlthough the current market downturn is affecting mergers and acquisitions activity worldwide, the current credit crunch may not affect the infrastructure sector as much as other industries.CanadaFinance and BankingTorys
ArticleDepartment Of Finance Canada Launches Consultation Process To Review The Federal Financial Sector FrameworkOn August 26, 2016, the Department of Finance Canada announced the launch of the first of a two-stage consultation process on the federal financial sector legislative and regulatory framework. CanadaFinance and BankingMcCarthy Tétrault
ArticleDepartment of Finance Consultation Paper on Tax and Other Issues Related to Income Trusts and Limited PartnershipsEarlier today, Canada’s Department of Finance released its long-awaited consultation paper entitled "Tax and Other Issues Related to Publicly Listed Flow-Through Entities (Income Trusts and Limited Partnerships)".CanadaFinance and BankingTorys
ArticleInjunction Of RIM´s Bid For Certicom Necessitates Careful Review Of Confidentiality AgreementsThe Ontario Superior Court of Justice’s decision this week in “Ceritcom Corp. v. Research in Motion Limited et al.” has significant implications for M&A practice in Canada, particularly in hostile situations.CanadaFinance and BankingBorden Ladner Gervais LLP
ArticleLimits on Underwriters’ Options an Over-Allotment Options on Bought DealsThe Canadian Securities Administrators issued a notice on April 21, 2006 setting out their view that underwriters are limited in their ability to "pre-market" securities that are subject to an underwriters’ option or an over-allotment on a bought deal. Certain securities commissions had made comments consistent with this notice in response to prospectus filings.CanadaFinance and BankingBorden Ladner Gervais LLP
ArticleMandatory Dispute Resolution Proposed In Amendments To NI 31-103On November 15, 2012, the Canadian Securities Administrators ("CSA") published proposed amendments to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations ("NI 31-103") and the associated companion policy requiring a mandatory dispute resolution procedure. CanadaFinance and BankingDavies Ward Phillips & Vineberg LLP
ArticleProposed Short-Term Debt Exemption In Canada – A Chart Simplifying The Credit Rating RequirementThis is a follow-up to a recently posted blog on January 30, 2014 titled, "Changes Proposed for Exempt Offerings of Short-Term Debt and Securitized Products in Canada."CanadaFinance and BankingBrian Koscak Blog
ArticleThe SEC´s Interpretive Release On "Mark-to-Market" AccountingOn September 30, 2008 the Office of the Chief Accountant of the U.S. Securities and Exchange Commission and the Financial Accounting Standards Board jointly released an interpretive memorandum regarding "mark-to-market" accounting.CanadaFinance and BankingDavies Ward Phillips & Vineberg LLP
ArticleTougher Dealer Margin Requirements For Cryptocurrency Futures In CanadaNow that Bitcoin futures have begun trading on the CBOE, one of the largest futures exchanges in the world, the Investment Industry Regulatory Organization of Canada (IIROC) has issued a notice...CanadaFinance and BankingGowling WLG
ArticleTSX Takes Remedial Measures In Difficult Market ConditionsThe staff of the TSX issued a notice on November 3, 2008 providing temporary relief from certain requirements of the TSX Company Manual and reminding issuers of certain provisions that may be helpful in the current difficult market conditions.CanadaFinance and BankingTorys
ArticleQuebec Court Of Appeal Finds National Securities Regulator Scheme UnconstitutionalThe Quebec Court of Appeal has found the Canadian government's second attempt at creating a national capital markets regulator to be unconstitutional in its decision in...CanadaLitigation, Mediation & ArbitrationBorden Ladner Gervais LLP
ArticleFocus on Forest Products: Forest Industry Competitiveness StrategyOn November 24, 2005 the Government of Canada, through the Ministry of Natural Resources, announced the Forest Industries Competitiveness Strategy. This strategy, an initiative worth close to CDN $1.5 billion, is targeted at buttressing the competitiveness of the Canadian forest industry in the global market place, while also supporting the economic sustainability of forest-dependent communities across the country.CanadaCorporate/Commercial LawDentons Canada LLP
ArticleMinister Goodale’s Announcement on Income Trusts Not A SurpriseOn September 19, 2005, Minister of Finance Ralph Goodale announced that he has requested the Minister of National Revenue to postpone, with immediate effect, providing advance tax rulings respecting flow-through entities (FTEs), such as income trusts.CanadaFinance and BankingTorys
ArticleSecurities And Capital Markets Bulletin - November 2011Canadian Securities Administrators (CSA) Multilateral Staff Notice 51-336 Issuers Using Mass Advertising (the Notice) provides the views of staff of the securities regulators in Alberta, Ontario, Québec, Nova Scotia, New Brunswick and the Northwest Territories on TV advertisements apparently aimed at promoting interest in an issuer’s securities.CanadaFinance and BankingBorden Ladner Gervais LLP
ArticleCanadian Securities Regulators Release Results Of Continuous Disclosure Reviews For Fiscal 2013The Canadian Securities Administrators (CSA) have published the results of their most recent annual review of continuous disclosure documents filed by Canadian public companies. CanadaCorporate/Commercial LawMcMillan LLP
Article3 Ways To Maximize A Cash WindfallIt's not unrealistic for you to ponder the possibility of a modest cash windfall in your lifetime.CanadaFinance and BankingLawyers Financial
ArticleAccess To Canadian Capital Markets For U.S. Mining CompaniesUS mining companies have had success raising funds in Canada because the Canadian capital markets are particularly sophisticated when it comes to the mining sector. CanadaFinance and BankingOsler, Hoskin & Harcourt LLP
ArticleAmendments To Executive Compensation Disclosure RequirementsThe Canadian Securities Administrators (CSA) are adopting amendments to Form 51-102F6 Statement of Executive Compensation (Form 51-102F6) which, subject to ministerial approvals, will apply in respect of financial years ending on or after October 31, 2011.CanadaFinance and BankingBorden Ladner Gervais LLP
ArticleCSA Proposes To Amend National Instrument 52-108 Auditor OversightOctober 2013 Barbara Collins On October 17, 2013, the Canadian Securities Administrators (the "CSA") published a request for comments on proposed amendments to National Instrument 52-108 Auditor Oversight ("NI 52-108"). CanadaFinance and BankingMcMillan LLP