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  • Article

    Analyzing COVID-19's Impact On Asset-Based Lending In Canada: Current Landscape And Future Outlook

    The COVID-19 pandemic (the "Pandemic") sent shockwaves through the global economy, profoundly impacting various sectors, including the lending industry.
    CanadaFinance and Banking
    Aird & Berlis LLP
    Aird & Berlis LLP
  • Article

    Department Of Finance Proposes Relaxed Flow-through Share Rules

    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
    CanadaFinance and Banking
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    Increased Canada Child Benefits Under The COVID-19 Financial Aid Plan

    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.
    CanadaFinance and Banking
    Lindsay Kenney LLP
    Lindsay Kenney LLP
  • Article

    OSFI Proposes Measures To Support Resilience Amid Pandemic

    OSFI has announced measures intended to support FRFIs and improve the stability of the Canadian economy and financial system in response to challenges posed by the COVID-19 pandemic and current market conditions:
    CanadaFinance and Banking
    Norton Rose Fulbright Canada LLP
    Norton Rose Fulbright Canada LLP
  • Article

    Restructuring Options To Encourage Business Viability In Light Of COVID-19

    The number of confirmed cases of COVID-19 continues to rise in Canada and globally and this novel pandemic is having unprecedented affects directly on businesses and the economy more broadly.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Burnet, Duckworth & Palmer LLP
    Burnet, Duckworth & Palmer LLP
  • Article

    CRA Audit Activity: The Calm Before The Storm?

    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.
    CanadaTax
    Gowling WLG
    Gowling WLG
  • Article

    COVID-19 Support For Agricultural Producers In Alberta

    On May 7, 2020, the government of Alberta announced financial support for agricultural producers in response to market disruptions due to COVID-19. Support will be provided through the AgriRecovery program.
    CanadaCoronavirus (COVID-19)
    MLT Aikins LLP
    MLT Aikins LLP
  • Article

    Restructurer Votre Entreprise Dans Le Sillage De La COVID-19 : La Communication Est La Clé

    Chrystelle Chevalier-Gagnon s'entretient avec Alain Tardif, associé au sein du groupe de faillite et restructuration et Mark Boutet, vice-président, Communication financière et relations investisseurs chez NATIONAL, ...
    CanadaCoronavirus (COVID-19)
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    OSC Continues To Temporarily Waive Late Fees

    Market participants must continue to pay fees in accordance with Rule 13-502 and Rule 13-503.
    CanadaCorporate/Commercial Law
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    10% Temporary Wage Subsidy Update

    On May 15, 2020, the Government of Canada released new regulations (the "New Regulations") relating to the 10% temporary wage subsidy (the "10% Temporary Wage Subsidy") implemented on...
    CanadaCoronavirus (COVID-19)
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    British Columbia Announces Funding To Clean Up Orphan And Inactive Wells

    British Columbia is the second province to roll out its programming in relation to these federal funds.
    CanadaCoronavirus (COVID-19)
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    COVID-19: Does It Impact My Income For Spousal Support Purposes?

    COVID-19 has impacted many businesses and employees, but the issue of its impact on income for the purposes of spousal and child support has only recently been explored. A recent decision suggests that...
    CanadaCoronavirus (COVID-19)
    Clark Wilson LLP
    Clark Wilson LLP
  • Article

    COVID-19 Plan Administration Issues: Actions From Federal And Ontario Pension Regulators

    The federal and Ontario pension regulators are adjusting their policies by addressing plan administration issues arising from the COVID-19 crisis.
    CanadaCoronavirus (COVID-19)
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    Estate Freezes: A Silver Lining Of COVID-19

    With the world in flux and an unprecedented shutdown of the world's economy, those who were planning to transfer businesses to the next generation have been given what is (hopefully)
    CanadaCoronavirus (COVID-19)
    Barrett Tax Law
    Barrett Tax Law
  • Article

    OSFI's Regulatory Adjustments In Response To COVID-19 Impacts

    On March 27, 2020, the Office of the Superintendent of Financial Institutions (OSFI) announced a number of sector-specific measures to support federally regulated banks
    CanadaCoronavirus (COVID-19)
    McMillan LLP
    McMillan LLP
  • Article

    The CERB Criteria Has Expanded: Am I Eligible?

    On April 15, 2020, the federal government announced the expanded eligibility criteria for the Canada Emergency Response Benefit ("CERB"), upon mounting criticism that many workers
    CanadaCoronavirus (COVID-19)
    Devry Smith Frank LLP
    Devry Smith Frank LLP
  • Article

    Bank Of Canada Issues Statement Asking Retailers To Continue Accepting Cash

    On April 13, 2020, the Bank of Canada issued a news release "strongly advocating" that Canadian retailers continue accepting cash during the COVID-19 pandemic.
    CanadaFinance and Banking
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    Through Hell, High-Water And COVID-19 – Hell Or High-Water Provision Upheld In Aircraft Lease Agreements By English And Wales High Court

    COVID-19 has created global uncertainty, including in the business of equipment and aircraft financiers.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Extraordinary Times Call For Extraordinary Measures: Three Things Everyone Needs To Know About The Canadian Government's Tax Response To Covid-19

    The Government of Canada is taking immediate, significant and decisive action to help all Canadians who are dealing with financial hardship as a result of the Covid-19 outbreak.
    CanadaTax
    Wildeboer Dellelce LLP
    Wildeboer Dellelce LLP
  • Article

    Finance Canada/CRA: GST/HST Update And End Of GST/HST And Customs Duties Deferral

    On June 29, 2020, Finance Canada announced that there will be no extension of the relief that was announced by the CRA on March 27, 2020, which allowed all businesses to defer, until June 30, 2020...
    CanadaTax
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP

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