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To ensure that future borrowers and lenders alike are aware of a potentially significant change in Mortgage registration fee calculations at the Alberta Land Titles Office...

The Canadian Securities Administrators (CSA) are rescinding National Policy 48 – Future-Oriented Financial Information (NP 48) and making complementary amendments to National Instrument 51-102 – Continuous Disclosure Obligations (NI 51-102).

As we discussed in our earlier post, CSA members issued parallel orders yesterday to provide relief from certain requirements found in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Obligations.

Pursuant to Reg AB II, the Dodd-Frank Act and the rules implementing that Act (the "U.S. Proposals"), U.S. authorities have proposed the most far-reaching substantive and procedural regulations ever applied to the ABS market.

The Canadian Securities Administrators (CSA) have introduced a new mandatory regulatory regime for venture issuers intended to provide a more tailored approach to the regulation of the venture market.

yers (John, McDougall, Dionne Levesque, Stuart Gray)

The Government of Canada published regulations that will create new obligations for the mortgage sector, strengthen correspondent banking relationship requirements...

The OSC released its decision in the AiT/Weinstein case on January 14, 2008. This decision has been eagerly anticipated due to its potential impact on disclosure decisions required to be made by public corporations in Canada.

On December 21, 2007, the British Columbia Securities Commission imposed on Ian Gregory Thow a $6-million fine and a permanent prohibition from participation in B.C.’s capital markets for what the BCSC said was "one of the most callous and audacious frauds this province has seen."

One of the worst things that can happen to a mortgage lender is if it advances a loan and then realizes it doesn't have the security that it thought it had.

On December 14, 2009, the Ontario Superior Court of Justice granted leave for the plaintiffs in Silver et al. v. IMAX Corporation to proceed with a claim under the secondary market disclosure civil liability provisions of the Ontario "Securities Act". The court concurrently issued its decision certifying the action as a class proceeding.

The collapse of U.S. housing prices and the ensuing subprime mortgage crisis, the failure and instability of numerous prominent financial institutions, and concern over the near-term health of the global economy have shaken investor confidence and sent share prices plummeting.

A frequently encountered issue faced by many lenders in mortgage backed loan transactions is the use by the borrower of a nominee title holder, or bare trustee.

On September 30, 2010, a Panel of the Ontario Securities Commission (the OSC or the Commission) released its decision in the Matter of Biovail Corporation and Eugene N. Melnyk, et al.

The Ontario Securities Commission (the "OSC") has recently issued Staff Notice 51-717 – Corporate Governance and Environmental Disclosure (the "Notice"). The Notice outlines the OSC’s plans regarding disclosure of corporate governance and environmental matters by reporting issuers (other than investment funds).

As reported earlier, on July 26, 2011 the SEC issued for comment a proposing release entitled "Re-Proposal of Shelf Eligibility for Asset-Backed Securities and Other Additional Requests" (the Re-Proposal).

The Supreme Court of Canada issued its reasons today in Krayzel Corp. v. Equitable Trust Co., adding some clarification to a mortgage lender's right to protect itself from the increased commercial risk...

The Supreme Court of Canada issued its reasons today in Krayzel Corp. v. Equitable Trust Co., 2016 SCC 18, adding some clarification to a mortgage lender's right to protect itself from the increased commercial risk associated with a defaulting mortgagor through the use of interest rates, given s. 8 of the Interest Act.