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  • Article

    Northward Bound: Why Invest In Canada (Equipment Finance Advisor)

    Jonathan Fleisher was one of four expert participants in a roundtable held by Equipment Finance Advisor regarding the recent trend of expansion into Canada by numerous U.S.-based independent equipment finance companies and bank-owned leasing companies.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Prudent Investor Legislative Provisions Update - Second

    Further to our update of September 14, 2017, the changes to the Municipal Act regarding prudent investment have not yet been proclaimed in force.
    CanadaFinance and Banking
    WeirFoulds LLP
    WeirFoulds LLP
  • Article

    Canadian Finance & Leasing Association ("CFLA") Member Issued An Order As Lessor Under Ontario’s Occupational Health And Safety Act ("OHSA")

    On August 23, 2013, the CFLA reported that one of its members was issued an order by the Ontario Ministry of Labor under OHSA for damages allegedly suffered as a result of an accident with respect to equipment that was subject to an equipment lease.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    The Indoor Management Rule And Security Grant In A Signed Purchase Order Upheld

    A question that we are often asked as finance lawyers is what level of support is needed to confirm that a document was properly executed.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    The Repeal Of Ontario's Bulk Sales Legislation

    On March 22, 2017, Ontario's Bulk Sales Act (BSA) was repealed by way of Schedule 3 of Ontario's Burden Reduction Act.
    CanadaFinance and Banking
    Fasken
    Fasken
  • Article

    Top 10 Issues Facing The Canadian Asset Management Industry

    Global trends in the industry may be a precursor of what’s to come in Canada—and companies must be prepared to address them, both in the short and long term.
    CanadaFinance and Banking
    PwC Management Services LP
    PwC Management Services LP
  • Article

    Cross Border Leasing - Avoiding The Costs Of A Receivership (LJN's Equipment Leasing Newsletter)

    This article looks at the recent decision in Integris Credit Union v. Mercedes-Benz Financial Services Canada Corporation, 2016 BCCA 231 and its implications for equipment financiers.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Supreme Court Of Canada Decision In Indalex Does Not Impact Equipment Finance Companies Or Purchase-Money Security Interests In Inventory

    The Supreme Court of Canada’s decision in Sun Indalex Finance, LLC v. United Steelworkers has caused a flurry of activity amongst legal commentators as to how it may impact secured creditors generally.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Video

    Financing Mining Projects In The Plan Nord Region (Presentation)

    In this presentation, Charles Spector, Partner at FMC, gives an overview on how to finance mining projects in the Plan Nord region.
    CanadaFinance and Banking
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    Security Interests Over Rail Cars In Canada: Tips For Perfecting A Security Interest Under The Canada Transportation Act

    To perfect a security interest in rail cars in Canada, the underlying document which creates the security interest must be deposited with the Registrar General of Canada...
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Why General Search Engine Queries Belong In Ontario Real Estate Financing Due Diligence

    In a tightening credit environment marked by rising defaults and receivership proceedings, real estate lenders in Ontario face heightened counterparty risk.
    CanadaReal Estate and Construction
    Blaney McMurtry LLP
    Blaney McMurtry LLP
  • Article

    Floor Plan Financing With An Interesting Result

    The most common method of structuring floor plan financings requires that once a car is sold the proceeds from the sale are used to pay down the loan against the inventory provided, which is known in industry parlance as the 'cash-interest based management system'.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Registering Security Interests Over Railcars Or Rolling Stock In Canada – Introduction Of Online Deposit Function

    The registration of security agreements, leases and other documents relating to railcars in Canada is governed by the Canada Transportation Act.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Think You’re Not A Payday Lender? Think Again. Scope Of "Payday Loans Act" To Be Broadened Under Proposed Regulation

    The Ontario Government has posted the Proposed Regulatory Amendments to the General Regulation of the Payday Loans Act to seek comments from the public.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Equipment Financiers May Have An Advantage In Receiverships

    In the recent case of Integris Credit Union v. Mercedes-Benz Financial Services Canada Corporation, 2016 BCCA 231, the B.C. Court of Appeal rendered a decision...
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Prudent Investor Legislative Provisions Update - Third

    On Monday, October 10, 2017 the Ministry of Municipal Affairs posted on Ontario's Regulatory Registry a summary of proposed regulatory changes under the Municipal Act...
    CanadaFinance and Banking
    WeirFoulds LLP
    WeirFoulds LLP
  • Article

    Leveraging And Licensing IP Assets To Grow Your Bottom Line

    Companies strive to increase the value of their assets and the revenue earned from those assets.
    CanadaIntellectual Property
    Gowling WLG
    Gowling WLG
  • Article

    Minister Of Transport Introduces Additional Rail Safety Measures Amid Record-Level Crude Oil Transportation By Rail

    Canadian crude exports by rail have seen a sharp increase since 2017 and are at an all-time high (see table below). This steady increase has been driven by a lack of pipeline infrastructure
    CanadaTransport
    Cassels
    Cassels
  • Article

    Ontario Personal Property Security Act Registration Made In "Shake-Down" Attempt Results In Award Of Substantial Indemnity Costs Against Corporation And Sole Director

    Clients regularly ask us what happens if an Ontario Personal Property Security Act registration is made against them which was not authorized.
    CanadaFinance and Banking
    Cassels
    Cassels
  • Article

    Traps For The Unwary: Guarantors & Co-Lessees – A Rose by Any Other Name

    We are regularly asked by equipment lessors if it is better to structure a transaction as co-lessees or as a lessee with a guarantor.
    CanadaFinance and Banking
    Cassels
    Cassels

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