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On April 7, 2021, the Alberta Energy Regulator (AER) released a revised Directive 067: Eligibility Requirements for Acquiring and Holding Energy Licenses and Approvals

On February 26, 2026, the British Columbia Court of Appeal released its unanimous decision in R. v. Mossman, confirming that corporate directors and officers can be held personally liable for environmental offences...

A discussion on whether former corporate directors and officers have presumptive unlimited, personal, no-fault liability to orders to pay all environmental costs associated with the assets of their former corporation, or of the subsidiaries of that corporation.

On April 24, 2023, the Office of the Superintendent of Financial Institutions ("OSFI") published its final Third-Party Risk Management Guideline (the "Guideline") coming into effect May 1, 2024.

On January 23, 2009, the Ontario Securities Commission (OSC) exercised its seldom-used statutory power to overturn a decision of the Toronto Stock Exchange (TSX).

Global Affairs Canada (GAC) has issued new guidance on the deemed ownership rules under Canada’s sanctions laws. These rules establish circumstances in which a company that is not sanctioned is deemed to be controlled by a sanctioned person, such that the company's property is treated as the property of the sanctioned person and subject to a dealings prohibition.

Interesting policy issues arise when auditors of corporations whose management has fraudulently misrepresented the company’s financial statements find themselves defending claims brought on behalf of the corporation by entities such as trustees, receivers, and liquidators.

On July 17, 2013, the Quebec Court of Appeal upheld a Quebec Superior Court judgment authorizing a shareholder of TSX-listed Theratechnologies Inc. to institute an action for damages by way of a class action under Section 225.4 of the Securities Act.1 It was the Court of Appeal’s first ruling on Quebec’s secondary market liability regime since the regime was adopted in 2007.

A condo in Toronto recently made the news after levying a $14-million special assessment. The corporation gave owners 15 days to pay for repairs.

Par value shares are often considered one of the last vestiges of the old Canadian corporate legislation. The current federal corporate legislation, and the majority of provincial...

Data breaches and cyber-attacks continue to represent important threats to businesses of all shapes and sizes.

Effective January 22, 2024, federal corporations are required to file with Corporations Canada certain information on individuals with significant control.

In HEAL Global Holdings Corp (Re), Justice E.J. Sidnell declined to approve a proposed arrangement (Arrangement) because it was not fair or reasonable.

On October 13, 2021 the Ontario Securities Commission hosted a virtual roundtable titled "Rethinking Diversity in Capital Markets"...

On January 23, 2009, the Ontario Securities Commission (OSC) exercised its seldom-used statutory power to overturn a decision of the Toronto Stock Exchange (TSX).

On September 9, 2011, the Toronto Stock Exchange (TSX) published for comment proposed amendments to Part IV of its Company Manual. If implemented, the proposed amendments would require issuers listed on the TSX to elect directors individually, to hold annual elections for all directors, to disclose annually in their Management Information Circular whether they have adopted a majority voting policy in uncontested meetings and, if not, to provide an explanation as to why.

In response to a rapidly evolving market and following consultation with market participants, the Toronto Stock Exchange's ("TSX") Venture Exchange (the "TSXV")...

Physicians and dentists in Ontario are permitted to incorporate a professional corporation through which they may practice their profession.