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  • Article

    Ontario Proposes Abolishing The Pension Fund "30% Rule"

    This change will only affect pension funds governed by Ontario law. The 2015 federal budget announced a review of this rule at the federal level, but it remains to be seen whether other jurisdictions will follow suit.
    CanadaFinance and Banking
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Proposed National Instrument 51-103: Venturing Into A Simplified Disclosure Regime

    On July 29, 2011, the Canadian Securities Administrators (the "CSA") published for comment proposed National Instrument 51-103 Ongoing Governance and Disclosure Requirements for Venture Issuers (the "Draft Rule").
    CanadaFinance and Banking
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    You Must Build It Before They Will Come: Health Canada Announces Significant Change To Cannabis Licensing Process

    In a significant departure from past practice, Health Canada will now require prospective applicants for cannabis cultivation, processing or medical sales licences to have fully built regulatory-compliant facilities ...
    CanadaFood, Drugs, Healthcare, Life Sciences
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Investment Canada Act: Guide For Foreign Investors In Canada, 2016 Edition

    As a regular adviser on matters relating to the ICA, Davies has updated this informative guide for foreign investors and their advisers, which provides an overview of the ICA and how it is applied.
    CanadaGovernment, Public Sector
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Investment Canada Act: Guide For Foreign Investors In Canada, 2018 Edition

    The regulatory landscape for foreign investments in Canada is constantly evolving. As a regular adviser on matters relating to the Investment Canada Act, Davies has updated this informative guide...
    CanadaGovernment, Public Sector
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Ontario Proposes Cap-And-Trade Legislation, While Federal Regulations Delayed To Match U.S. Timetable

    Following closely on the heels of Québec's recent proposal for a provincial greenhouse gas ("GHG") cap-and-trade system, the Ontario government introduced enabling legislation on May 28, 2009 to allow for the implementation of a GHG cap-and-trade system in Ontario by 2012.
    CanadaGovernment, Public Sector
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Canadian Insolvency Trends In 2020: A Pandemic Year In Numbers

    The economic conditions caused by the COVID-19 pandemic are unprecedented: unemployment is up, consumer confidence is down, countless businesses have permanently closed and many others are barely holding
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Rolling Into 2023: Mild Slumps And Jumps In Insolvency Numbers

    What does a "rolling recession" mean from an insolvency perspective? In this issue of Davies Insolvency Now, we look to the 2022 Q4 data from across Canada for answers.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Historic Ruling Declares Dutee Chand, Female Sprinter, Eligible To Compete

    Davies, with a team including partner James Bunting, Carlos Sayao and Justice Morris Fish, successfully represented Ms. Chand, pro bono, before the CAS.
    CanadaMedia, Telecoms, IT, Entertainment
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    New Disclosures Required In High-End Residential Real Estate Transactions In Manhattan And Miami

    The Financial Crimes Enforcement Network (FinCen) of the U.S. Treasury Department has established a temporary program that requires new disclosures by title insurance companies.
    CanadaReal Estate and Construction
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    CRA Imposes Deadline For Eliminating HST/GST Joint Venture Reporting By Nominees

    The Canada Revenue Agency has announced that, after 2014, it will no longer tolerate joint venture arrangements in which nominee corporations file HST/GST returns and remit HST/GST for the joint venture.
    CanadaTax
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    House Of Commons Votes To Facilitate Intergenerational Business Transfers

    A majority of the House of Commons has voted on third reading in favour of private member's Bill C-208, An Act to amend the Income Tax Act...
    CanadaTax
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Parliament Votes To Facilitate Intergenerational Business Transfers

    Bill C-208, will limit the application of section 84.1 of the Act in cases of intergenerational transfers of a business.
    CanadaTax
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Rebooting Money: The Canadian Tax Treatment Of Bitcoin And Other Cryptocurrencies

    Bitcoin is widely regarded as the world's first decentralized digital currency, or "cryptocurrency."
    CanadaTax
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Reminder: CRA Deadline For Eliminating HST/GST Joint Venture Reporting By Nominees

    This is a reminder of the December 2014 deadline for disallowing joint venture arrangements in which nominee corporations may file HST/GST returns and remit HST/GST for the joint venture.
    CanadaTax
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Tax Court Finds That Broker Fees On A Private Company Sale Were GST/HST-Taxable

    The Tax Court of Canada recently released its decision in Barr v. The Queen, 2018 TCC 86, which considered whether share-sale commissions were exempt from HST.
    CanadaTax
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Onerous US Reporting Requirements For US Members Of Non-US Family-Controlled Entities: It's All In The Family

    Family wealth and business planning often gives rise to structures that come with burdensome reporting obligations for minority US shareholders.
    United StatesCorporate/Commercial Law
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Davies Comments On Proposed Changes To Canadian Securities Rules

    Davies Ward Phillips & Vineberg LLP has submitted a comprehensive comment letter addressing the Canadian Securities Administrators' proposed changes to take-over bid, beneficial ownership reporting, and issuer bid regimes.
    CanadaCorporate/Commercial Law
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    SEC Publishes Taxonomy For Foreign Private Issuers' Submission Of Data In XBRL

    The SEC required these foreign private issuers to begin their submissions at the end of a three-year phase-in period.
    CanadaCorporate/Commercial Law
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Top Takeaways From Harvey FORUM In New York

    Tania Djerrahian recently participated in a panel at the Harvey FORUM, where the conversation centered on how AI is reshaping firm strategy, business models and what the future of legal looks like.
    United StatesTechnology
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP

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