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Looking back at AIM's performance in 2009, (See: Is AIM on the way back up?) I speculated in January this year that an element of stability might be returning to AIM and that there was a quickening of interest in new companies coming to the market.

New Toronto Stock Exchange (TSX) rules governing normal course issuer bids came into effect on June 1, 2007. The new TSX rules apply only to a normal course issuer bid that commenced after June 1, 2007.

Reporting issuers are subject to numerous continuous disclosure obligations under securities law in Canada.

Section 611(c) of the Toronto Stock Exchange Manual (the "TSX Manual") generally requires shareholder approval for acquisitions involving dilution in excess of 25%. Section 611(d) of the TSX Manual provides an exemption from this requirement for acquisitions of public companies.

Your hard work is paying off and your legal career is taking shape. The sacrifices you made are beginning to bloom and your personal goals might include buying your dream home, getting married, and starting a family.

Gowlings professionals Dean Blain's and Paul Fornazzari's work with the Ontario Securities Commission (the "OSC") to establish a US-style automatic securities disposition plan (an "ASDP") on behalf of a client led to the release of OSC Staff Notice 55-701 Automatic Securities Disposition Plans and Automatic Securities Purchase Plans ("Staff Notice 55-701").

With the collapse and near collapse of many financial institutions globally, Canadians are undoubtedly left wondering why it is that our financial institutions (FIs) have managed to weather the storm better than many US and European institutions.

We have previously written about lenders attempting to charge a three-month interest fee (or "penalty", or "bonus") after a default by a mortgagor Three-Months' Mortgage Interest – To Charge or Not to Charge – CP LLP.

On September 9, 2011, the Toronto Stock Exchange ("TSX") published for comment proposed amendments that would require all listed issuers – including those with a principal listing on another exchange

The Ontario Court of Appeal has issued its judgment in Solar Power Network Inc. v. ClearFlow Energy Finance Corp., finding that the use of a formula in loan documentation is sufficient to satisfy the requirement of Section 4 of the Interest Act...

On May 11, 2009, the OSC released a decision dismissing an application by Pala Investments Holdings Limited and its subsidiary to cease trade two shareholder rights plans of Neo Material Technologies Inc.

The U.S. Securities and Exchange Commission ("SEC") has now adopted final rules giving shareholders "proxy access."

The U.S. Securities and Exchange Commission recently imposed a $1 million administrative penalty against Pipeline Trading Systems LLC for misleading investors in connection with the operation of its dark pool.

On February 4th, 2024, in a significant move to address the continued concerns over housing affordability in Canada, the federal government announced an extension...

The Canadian Securities Administrators (CSA) recently released CSA Staff Notice 51-334 – "Continuous Disclosure Review Program Activities for the fiscal year ended March 31, 2011" (the CSA Staff Notice).

In Canada the Courts have unanimously ruled that directors and officers owe their fiduciary duties to the corporation at all times, even when the corporation is in the nebulous "vicinity of insolvency".

On October 12, 2007, the Toronto Stock Exchange (TSX) issued a request for comments on its security holder approval requirements relating to acquisitions of public companies.

In July 2016, the Ontario Securities Commission (OSC) launched its Whistleblower Program.