163 results found

n August 2017 the Ontario Superior Court of Justice ordered Detour Gold Corp. to pay a fine of $1.4 million after it pleaded guilty to a charge of criminal negligence causing the death of an employee.

In August 2009, Metron was retained to repair concrete balconies on two high-rise apartments.

The Ontario Ministry of the Environment has insisted that management personnel are automatically liable for corporate environmental offences, and has laid numerous charges on this basis.

On Friday, June 15, 2012, Metron Construction entered a guilty plea to one charge of criminal negligence causing death under the Criminal Code as amended by Bill C-45. At the same time, its President, Mr. Joel Swartz, P.Eng. pleaded guilty to four contraventions of the Ontario regulatory statute, Occupational Health and Safety Act (OHSA).

The July 8 2014 acquittal of Rengam Rajaratnam in New York District Court ended a long streak of insider trading convictions in that jurisdiction.

Given the focus on corporate ethics, many public companies have instituted extensive blackout periods during which insiders are prohibited from trading in securities of the company. Blackout periods usually span quarter-ends, year-end and other periods during which there may be material information about the company that is undisclosed.

In our last article - Mitigating the Company's Risk After an Employee Fraud - we discussed a few of the steps a company should take to preserve evidence, protect its position pending litigation, as well as some costs and benefits ...

In light of the recent decision of R v. Dunn, in which the former CEO, CFO, and Controller of Nortel Networks Inc. were acquitted of fraud, the question of whether Canada is a tough jurisdiction for corporate criminals has again become a subject of popular discussion.

The Commissioner of Competition, who is the head of the Bureau, is responsible administering and enforcing of Canada's Competition Act (the "Act"), including its criminal cartel provisions.

In the first quarter of 2013, Liberal MP John McKay sponsored the first reading of Bill C-474 in Canada’s Parliament which, according to him, is meant to fight corruption, encourage transparency and promote increased accountability within mining corporations.

The nature, quality and extent of cooperation required to achieve significant leniency or avoid an enforcement action remains a difficult guessing game in Canada's foreign corruption enforcement regime.

The scandals surrounding the backdating of stock options continue to mount in the United States. In testimony before the Senate Committee on Finance, the director of the Division of Enforcement of the U.S. Securities and Exchange Commission (SEC) revealed that as of September, this division was investigating over 100 companies for possible fraudulent reporting of stock option grants.

Since the amendments to the Criminal Code in 2004, Parliament armed itself with an arsenal of legal weapons aiming to facilitate criminal prosecutions against organizations in case of workplace injuries.

The Government of Canada has introduced amendments to its "Integrity Framework" to moderate the harsh impact of debarment policies that prevent companies from bidding on federal government contracts...

The tax treatment of amounts paid out of failed Ponzi schemes is once again in the news.

Most people know that a company itself has OHS obligations, and that it risks corporate liability if it violates those obligations.

The federal government has recently tabled amendments to the Corruption of Foreign Public Officials Act which, if passed, would give Canada a much broader reach and pose a more serious threat to Canadians and Canadian businesses who attempt to gain a business advantage through bribery.