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  • Article

    T+2 Settlement For Securities Trades Begins September 5

    The U.S. securities trading settlement cycle will shorten from T+3 to T+2 (the trade date plus two business days) beginning on September 5, 2017.
    CanadaCorporate/Commercial Law
    Torys
    Torys
  • Article

    Can Terminated Employees Participate In The Wage Earner Protection Program Following A Reverse Vesting Order?

    In November, the Ontario Superior Court of Justice (Commercial List) is expected to rule on the availability of Wage Earner Protection Program (WEPP) payments...
    CanadaEmployment and HR
    Torys
    Torys
  • Article

    U.S. Internal Revenue Service Announces Deferred Compensation Audit Initiative

    The IRS recently announced that it has started a formal audit initiative to evaluate compliance with the rules for nonqualified deferred compensation.
    CanadaEmployment and HR
    Torys
    Torys
  • Article

    Capital Markets Mid-Year Report 2016

    Uncertainty lingered at the outset of 2016 in Canada from a slowdown in activity that began in the previous year
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    Ontario Bill Governing Transfers of Securities

    In December 2005, the Ontario government introduced a bill to modernize the laws governing the transfer of securities in Ontario.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    SEC Issues Guidance On Internal Control Rules And Redefines "Material Weakness"

    The SEC has taken several steps to help issuers comply more cost-effectively with the internal control rules under section 404 of the Sarbanes-Oxley Act of 2002.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    SEC to Publish its Comment Letters and Company Responses After Reviewing Public Filings

    The Securities and Exchange Commission has announced that, beginning today (May 12, 2005), it will publish on the EDGAR system (which is available on the SEC’s website) both the comment letters that SEC staff issues (as a result of its review of public company filings) and company responses.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    SEC Will Issue Further Guidance on Internal Control Rules, but Small Companies Won’t Be Exempt

    The SEC announced on May 17, 2006 that it plans to take several steps to improve the implementation of the internal control rules under section 404 of the Sarbanes-Oxley Act of 2002.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    2016 In Review: Canada Implements New Changes To Promote Healthier Living

    Members of Torys' Food and Drug Regulatory team, Eileen McMahon, Teresa Reguly, Yolande Dufresne and Manpreet Singh...
    CanadaFood, Drugs, Healthcare, Life Sciences
    Torys
    Torys
  • Article

    Canada Introduces Changes To The Requirements For Labelling, Packaging And Brand Names Of Drugs

    On July 2, 2014, amendments to the Food and Drug Regulations were issued relating to the labelling and packaging of drug products.
    CanadaFood, Drugs, Healthcare, Life Sciences
    Torys
    Torys
  • Article

    What To Know About The Reimbursement And Procurement Of Medical Devices In Canada (Video)

    One of the key areas in accessing the Canadian medical device market is understanding how products are reimbursed and procured, and the impact that has on a manufacturer's consumer...
    CanadaFood, Drugs, Healthcare, Life Sciences
    Torys
    Torys
  • Article

    Fighting Against Forced Labour And Child Labour In Supply Chains (Bill S-211): Updated Guidance From The Minister

    On January 1, 2024, the Fighting Against Forced Labour and Child Labour in Supply Chains Act (the Act) officially came into force. On March 7, 2024, the Minister of Public Safety...
    CanadaGovernment, Public Sector
    Torys
    Torys
  • Article

    "Court Sheds Light On Prioritizing Insolvency Claims" – National Creditor Debtor Review

    An article by partners Scott Bomhof, Mitch Frazer, Tom Zverina and associate Lily Coodin, "Court Sheds Light on Prioritizing Insolvency Claims," has been republished by the National Creditor Debtor Review.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Torys
    Torys
  • Article

    Canada's New Patent Term Adjustment Regime Has Been Adopted

    Canada's patent term adjustment (PTA) regime came into force on January 1, 2025.
    CanadaIntellectual Property
    Torys
    Torys
  • Article

    Marketing And E-Commerce To Drive Competition Litigation Risk In 2024

    The main risks for businesses from both Competition Bureau enforcement and class actions in 2024 arise in the context of marketing and e-commerce...
    CanadaAntitrust/Competition Law
    Torys
    Torys
  • Article

    An Energy-Based Economy Requires "Commercially Reasonable" Approval Timelines

    Amid ongoing efforts to identify ways for Canada to become less dependent on the U.S., partner Michael Fortier says launching more mining and energy projects is one way to do so. The approvals for such projects, however, need to come within a "commercially reasonable time frame."
    CanadaEnergy and Natural Resources
    Torys
    Torys
  • Article

    Disclosure On The Rise: 2024 Climate Disclosure Report

    Amid the backdrop of evolving climate change trends and developments in Canada and worldwide, we decided it was an opportune time to survey the climate disclosure practice of 220 of Canada's largest public companies.
    CanadaEnvironment
    Torys
    Torys
  • Article

    Legislative Changes Needed To Achieve Government's Two-year Approval Goal For Projects

    Prime Minister Mark Carney has promised to "make Canada the world's leading energy superpower" by fast-tracking major resource and infrastructure projects across...
    CanadaGovernment, Public Sector
    Torys
    Torys
  • Article

    The Supreme Court Of Canada Reviews Québec’s Bill 21

    Québec's Bill 21, enacted in 2019, bans public sector workers from wearing religious symbols and is shielded from most Charter challenges by the notwithstanding clause. The Supreme Court of Canada is now reviewing this controversial law, with a ruling expected as early as November 2026 or later in 2027. Former Minister of Justice Arif Virani discusses the court's struggle to balance competing constitutional principles in this landmark case.
    CanadaLitigation, Mediation & Arbitration
    Torys
    Torys
  • Article

    DEI Considerations For Canadian Companies Operating In The U.S.

    On his first day in office, President Trump issued an executive order banning all diversity, equity and inclusion programs across the U.S. federal government.
    WorldwideCorporate/Commercial Law
    Torys
    Torys

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