2,180 results found

On April 8, 2009, the Securities and Exchange Commission voted unanimously to seek public comment on proposed new restrictions on short selling in the U.S. public securities markets.

On April 26, 2012 the Canadian government introduced legislation which provides a framework for the issuance of covered bonds by Canadian financial institutions.

For financing its activities, a Quebec-based business may grant to a Canadian chartered bank a security under 427 of the "Bank Act".

According to Statistics Canada, a surprising side effect of the pandemic is the highest household savings rate in history.

In secured real estate financing in Ontario, the borrower's organizational structure is not a minor detail to be sorted out later. Instead, it is the foundation on which the entire transaction is built. The structure dictates who signs, who guarantees, what security can be granted, how registrations are made under the Land Titles Act and Ontario PPSA, and the form of every document from the commitment letter through to the mortgage. Despite its importance, organizational structure is often misunderstood or

Beginning January 1, 2011, virtually every stock option exercise by an employee or director will trigger employer tax withholding and remittance requirements.

When a witness is compelled to testify in an investigation conducted by the Autorité des marchés financiers (AMF), does his lawyer have the right to object to a question that is unrelated to the subject-matter of the investigation?

The TSX has clarified its rules regarding the circumstances in which a listed issuer can dilute its existing security holders by more than 25%, engage in transactions that materially affect control of the issuer, and / or engage in transactions with insiders of the issuer, in reliance on the financial hardship exemption from the security holder approval requirement under section 604(e) of the TSX Company Manual.

In a previous blog post, we discussed the amendments to the rules under the Ontario Personal Property Security Act which determine the location of the debtor for certain types of collateral and the jurisdiction for registration.

On December 7, 2009 the Toronto Stock Exchange ("TSX") staff issued a notice (the "Notice") providing guidance on: anti-dilution provisions for convertible securities; amendments to add a cashless exercise feature to security-based compensation arrangements; and the uptick prohibition for purchases made pursuant to normal course issuer bids.

The CCAA is the most flexible Canadian statute under which a corporation can restructure its business.

The case of Anderson v. Westmount Projects Inc., 2023 ABKB 619, dealt with the financial challenges of Westmount Projects Inc. (Westmount)...

On February 29, 2024, the Government of Alberta released its proposed budget for the 2024 fiscal year, indicating the potential for significant changes to registration...

On November 13, 2007, the IDA Ontario District Council released its decision with regard to Andy Hyon Chul Kim who, in contravention of the IDA Bylaws, engaged in business conduct or practice unbecoming by investing in a private placement without disclosing his occupation.

The Canadian Securities Administrators staff have issued Staff Notice 51 – 314 <I>Retirement Benefits Disclosure</I> providing guidelines for disclosure of retirement benefits. The Staff Notice indicates that a number of issuers are presently considering providing enhanced disclosure on retirement benefits payable to executives, which goes beyond that which is required under current securities law requirements.

After 15 years of negotiations the member states that make up the European Union finally have a common takeover regime; sort of. Not surprisingly, in order to get agreement from the requisite number of member states the final form of the EU Directive on Takeovers watered down most of the controversial areas such as the position on takeover defences and gave member states opting in and opting out powers so that important differences will continue to exist within European takeover law.