7,767 results found

On March 16, 2020, the Canadian Securities Administrators (the "CSA") issued a press release regarding a reporting issuer missing filing deadlines amidst the COVID-19 pandemic.

The CSA states its strategic objectives without once mentioning the possible impact on it of the proposed national Cooperative Capital Markets Regulatory Authority (CCMRA) some of its members support.

On April 30, National Instrument 55-104 Insider Reporting Requirements and Exemptions came into effect, although the new five-day filing deadline for subsequent reports only takes effect October 31, 2010.

In January 2010, Ford Motor Company discovered that funds had been misappropriated at one of its franchisees. On the application of one of the franchisee's creditors, a court ordered the franchisee into receivership and held that no agreements then in place (including the franchise agreement) could be terminated without consent of the court.

Exploring the impact on Canadian mergers and acquisitions of the Supreme Court of Canada’s recent recognition of a new common law duty of honest performance.

In an earlier issue, we reported on the Canadian Securities Administrators’ Staff Notice 52-320 Disclosure of Expected Changes in Accounting Policies Relating to Changeover to International Financial Reporting Standards — to provide our readers advance notice of the mandatory transition of financial reporting standards applicable to Canadian publicly accountable enterprises from Canadian generally accepted accounting principles (Canadian GAAP) to International Financial Reporting Standards.

In an earlier issue, we reported on the Canadian Securities Administrators’ Staff Notice 52-320 Disclosure of Expected Changes in Accounting Policies Relating to Changeover to International Financial Reporting Standards — to provide our readers advance notice of the mandatory transition of financial reporting standards applicable to Canadian publicly accountable enterprises from Canadian generally accepted accounting principles (Canadian GAAP) to International Financial Reporting Standards.

Further to our previous posts the much anticipated BC Franchises Regulation was released today, and it was proclaimed that the Franchises Act, SBC 2015, c 35 will come into force effective February 1, 2017.

The Canadian Securities Administrators (the "CSA") recently issued Staff Notice 52-330 – Update on CSA Consultation Paper 52-404 Approach to Director and Audit Committee Member Independence (the "Staff Notice").

Prior to the repeal of the BSA, Ontario was the only remaining Canadian jurisdiction with bulk sales legislation.

Under the notice-and-access process, a public corporation can deliver its management information circular and financial statements to shareholders by posting those materials on SEDAR and an alternative website.

In our last post, we looked at six traditional resources and more sophisticated paid services that help bring us up to speed in the M&A world.

We encourage franchisors subject to the Ontario franchise legislation to submit any comments before May 2, 2016.

The Business Corporations Act (Bill 63), a major reform and modernization of the Québec Companies Act, was enacted by Québec’s National Assembly on December 4, 2009 and is expected to come into force in January 2011.

Recent proposed mergers blocked by the Canadian government and other regulators suggest that the negotiation of the provisions in merger agreements that relate to government and regulatory approvals will become increasingly important.

If your company is considering an acquisition, and it also happens to be a borrower under a credit facility, it is important that you review the credit documentation to ensure that the acquisition will not result in a breach of any of the provisions.

Shareholder activists are increasingly influential in Canada’s M&A landscape, but expect that trend to intensify with a proposal to list Pershing Square Holdings.

As artificial intelligence reshapes charitable operations, boards face a critical question: is AI governance merely a technical choice or a core obligation of stewardship?