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  • Article

    OSFI Issues Final Advisory For Early Adoption Of IFRS 9 Financial Instruments For Domestic Systemically Important Banks

    On January 9, 2015 the Office of the Superintendent of Financial Institutions ("OSFI") issued the final version of its advisory with respect to the early adoption of IFRS 9 for Domestic Systemically Important Banks ("D-SIBs") requiring that D-SIBs adopt IFRS 9 for the annual period beginning on November 1, 2017.
    CanadaFinance and Banking
    McMillan LLP
    McMillan LLP
  • Article

    OSFI Publishes Letter On Plans To Update Capital Requirements For Residential Mortgages

    The regulatory capital requirements are in place to mitigate the risk that federally regulated financial institutions face in loss scenarios.
    CanadaFinance and Banking
    McMillan LLP
    McMillan LLP
  • Article

    Proxy Advisory Firm Regulation – Canadian Securities Administrators Propose Guidance, Not Rules

    The Canadian Securities Administrators (CSA) have released for comment proposed National Policy 25-201 Guidance for Proxy Advisory Firms (the Proposed Policy).
    CanadaFinance and Banking
    McMillan LLP
    McMillan LLP
  • Article

    Upcoming Deadline For Investment Funds To File Annual Reports Of Exempt Distribution

    The annual January 30, 2022 deadline for investment funds to file a Report of Exempt Distribution is right around the corner.
    CanadaFinance and Banking
    McMillan LLP
    McMillan LLP
  • Article

    James Munro Discusses The "Once-To-Twice-A-Generation Opportunity For Lawyers" On The Legalization And Regulation Of Marijuana

    The legalization of marijuana for recreational use in Canada, expected to take place this year, is a game-changer for lawyers, businesses, citizens and governments. It will have significant implications...
    CanadaFood, Drugs, Healthcare, Life Sciences
    McMillan LLP
    McMillan LLP
  • Article

    Alleviating The Labour Shortage: Limit On Student Work Hours Temporarily Lifted

    As businesses continuously search for new labour pools to tap into during the severe labour shortage, Canada has announced a new temporary measure aimed at partially filling the gap...
    CanadaImmigration
    McMillan LLP
    McMillan LLP
  • Article

    Canada Launches New Biometrics Requirements For Foreign Nationals

    Depending on your nationality, you may soon be required to give your biometrics (photograph and fingerprints) to the Government of Canada as part of your application for a visitor visa...
    CanadaImmigration
    McMillan LLP
    McMillan LLP
  • Article

    Immigration Law Alert: New Ease Of Entry For Machinery Repair Technicians From Abroad

    Up until now, there have only been two categories of foreign service technicians who could enter Canada "easily" without going through the LMIA process.
    CanadaImmigration
    McMillan LLP
    McMillan LLP
  • Article

    Immigration Law Alert: New Fees And Employer Obligations Under The International Mobility Program

    Starting February 21, 2015, new obligations will be imposed on Canadian employers hiring foreign nationals who are exempt from the Labour Market Impact Assessment (LMIA) process.
    CanadaImmigration
    McMillan LLP
    McMillan LLP
  • Article

    Invitations to Apply for Permanent Residence: Government Targets Provincial Nominees and Skilled Trades

    Express Entry is the system the Canadian government uses to manage how people with skilled work experience apply to immigrate to Canada.
    CanadaImmigration
    McMillan LLP
    McMillan LLP
  • Article

    Navigating International Student Worker Restrictions: Post-Expiry Guidelines For Employers

    On April 30, 2024, Canada's temporary waiver allowing international students to exceed 20 hours of work per week expired.
    CanadaImmigration
    McMillan LLP
    McMillan LLP
  • Article

    Ontario Immigration Act, 2015 Now In Force

    The Ontario Immigration Act, 2015 (the "Act") and its regulations came into force on January 1, 2018.
    CanadaImmigration
    McMillan LLP
    McMillan LLP
  • Article

    Federal Government Announces Funding For A Low-Cost National Flood Insurance Program

    In the 2023 Budget, the Federal Government announced their intention to partner with provinces and territories in order to launch a low cost flood insurance program in Canada.
    CanadaInsurance
    McMillan LLP
    McMillan LLP
  • Article

    Trademark Law: Change In Practice Regarding Extensions Of Time In Examination

    On January 17, 2020, the Trademarks Branch of the Canadian Intellectual Property Office ("CIPO") issued a new practice notice with regard to requesting extensions
    CanadaIntellectual Property
    McMillan LLP
    McMillan LLP
  • Article

    CETA Is Provisionally Implemented — The C$1.5 Billion Threshold Arrives

    As we foreshadowed in our brief on the Investment Canada Act 2016-17 annual report as well as in our March 2015 bulletin announcing significant changes to the ICA, the Canada-European Union Comprehensive Economic and Trade Agreement, ...
    CanadaInternational Law
    McMillan LLP
    McMillan LLP
  • Article

    The Rise Of Quebec's Small Claims Court Jurisdiction To $15,000.00: An Opportunity For The Consumer Goods Industry To Rethink Their Company's Complaints Handling Processes

    According to the Minister of Justice, Ms. Stéphanie Vallée, all the provisions of the New Code of Civil Procedure will come into force at the beginning of 2016.
    CanadaLitigation, Mediation & Arbitration
    McMillan LLP
    McMillan LLP
  • Article

    New Mont-Tremblant Green Tax Targets Building Construction

    Since October of this year, Ville de Mont-Tremblant has been imposing a new tax of $1.33 per square metre of footprint, which applies to the construction of new buildings larger than 70 square metres.
    CanadaReal Estate and Construction
    McMillan LLP
    McMillan LLP
  • Article

    Urgent Cybersecurity Alert Regarding Apache Log4j

    Canada's Minister of National Defence has issued a statement regarding a recently identified critical vulnerability in the Apache Log4j logging product.
    CanadaTechnology
    McMillan LLP
    McMillan LLP
  • Article

    Regulations Implementing The Transportation Modernization Act

    On April 1, 2019, the Canadian Transportation Agency ("Agency") announced the publication of proposed regulations (the "Proposed Regulations") in the Canada Gazette to implement certain aspects
    CanadaTransport
    McMillan LLP
    McMillan LLP
  • Video

    Webinar: Future Series: Mastering Canadian Sanctions Compliance: Advanced Insights And Strategies For Global Business

    This webinar provides a deep dive into recent sanctions developments, offers advanced insights into Canadian sanctions laws and regulations, and showcases practical strategies to help businesses ensure compliance and mitigate risk.
    WorldwideInternational Law
    McMillan LLP
    McMillan LLP

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