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  • Article

    Who Says An Offer Of Employment Can't Be Fair Consideration? The Ontario Court Of Appeal Weighs In On Asset Purchase Transactions And Employment Contracts

    In asset purchase transactions, it is not uncommon for new employment offers to be made to the vendor's employees.
    CanadaEmployment and HR
    McMillan LLP
    McMillan LLP
  • Article

    Managing Culture And Behaviour Risks: OSFI's New Draft Guideline For Financial Institutions

    On February 28, 2023, the Office of the Superintendent of Financial Institutions ("OSFI") released a draft Culture and Behaviour Risk Guideline (the "Guideline").
    CanadaFinance and Banking
    McMillan LLP
    McMillan LLP
  • Article

    OSC Seeks Extension Of Relief For Well-known Seasoned Issuers

    On May 18, 2023, the Ontario Securities Commission (the "OSC") announced local OSC Rule 44-502 Extension to Ontario Instrument 44-501 Certain Prospectus Requirements for Well-known Seasoned...
    CanadaFinance and Banking
    McMillan LLP
    McMillan LLP
  • Article

    OSFI Adds The Earthquake Exposure Data Return To Its Late And Erroneous Filing Penalty Framework

    OSFI requires federally regulated financial institutions, including Property and Casualty companies and branches operating in Canada, to file financial and corporate information to ensure compliance with their regulatory obligations.
    CanadaFinance and Banking
    McMillan LLP
    McMillan LLP
  • Article

    Canada's House Of Commons Rejects Mandatory Labeling Of Genetically Modified Foods

    As previously discussed here, last summer represented a turning point in the consumer's "right to know" movement, with former President Obama approving a bill that...
    CanadaFood, Drugs, Healthcare, Life Sciences
    McMillan LLP
    McMillan LLP
  • Article

    Government Of Alberta To Regulate Health Care Practitioners Administering Psychedelics

    On October 5, 2022, Alberta announced amendments (the "Amendments") to the Mental Health Services Protection Regulation, which are expected to come into effect on January 16, 2023.
    CanadaFood, Drugs, Healthcare, Life Sciences
    McMillan LLP
    McMillan LLP
  • Article

    Canada Freezes Shandong Out Of The Arctic

    On December 21, TMAC Resources Inc. announced that its proposed sale to Shandong Gold Mining Co., Ltd., a Chinese state-owned gold miner,...
    CanadaGovernment, Public Sector
    McMillan LLP
    McMillan LLP
  • Article

    Canada Updates Official Terrorist Entities List – What It Means For Your Business

    On February 3, 2021, the Canadian government announced that it had placed the Proud Boys, along with 12 other new groups, on the list of terrorist entities.
    CanadaGovernment, Public Sector
    McMillan LLP
    McMillan LLP
  • Article

    Changes Have Arrived At The Contract Security Program: Personnel Security Clearances

    The Contract Security Program (CSP) at Public Services and Procurement Canada (PSPC) is implementing significant changes to the security screening process.
    CanadaGovernment, Public Sector
    McMillan LLP
    McMillan LLP
  • Article

    Under One Roof: B.C. Launches Unified Natural-Resource Compliance And Enforcement Agency

    British Columbia is consolidating natural-resource compliance and enforcement functions from multiple ministries into a single agency. The BC Compliance and Enforcement Agency launches July 1, 2026, bringing together over 400 staff under the Ministry of Environment and Parks to deliver more consistent oversight across the province's resource sector.
    CanadaGovernment, Public Sector
    McMillan LLP
    McMillan LLP
  • Article

    Unlocking The Global Talent Firewall: IRCC Announces New Tech Talent Strategy

    The Government of Canada recognizes that there is still a significant labour shortage in the high-skill tech sector of the Canadian job market and that Canada remains an attractive destination...
    CanadaImmigration
    McMillan LLP
    McMillan LLP
  • Article

    Supreme Court Of Canada Confirms: Hypothecary Notices In Québec Receiverships Are Here To Stay

    On April 1, 2021, the Supreme Court of Canada dismissed an application for leave to appeal in the matter of Séquestre de Media5 Corporation, a judgment rendered last summer by the Québec Court of Appeal...
    CanadaInsolvency/Bankruptcy/Re-Structuring
    McMillan LLP
    McMillan LLP
  • Article

    New Mandatory Reporting Requirement For Businesses: Canada's Modern Anti-Slavery Bill Becomes Law

    Bill S-211, Fighting Against Forced Labour and Child Labour in Supply Chains Act (the "Act"), Canada's modern slavery legislation, passed in the House of Commons today.
    CanadaInternational Law
    McMillan LLP
    McMillan LLP
  • Article

    Act 25 And Confidentiality Incidents – The First Draft Regulations… Remain A Draft!

    On July 13, 2022, we informed you in our bulletin entitled Act 25 – First Draft Regulation, On Your Marks, Get Set, Go! that the first draft Regulation respecting confidentiality...
    CanadaPrivacy
    McMillan LLP
    McMillan LLP
  • Article

    OPC Maintains Status Quo On Transborder Data Flows...At Least For Now!

    Upon receiving feedback from stakeholders regarding its consultation on transfers for processing and transborder data flows, the Office of the Privacy Commissioner
    CanadaPrivacy
    McMillan LLP
    McMillan LLP
  • Article

    December 10, 2018 – Deadline For Creating Register Of Ownership Interests In Land Held By Ontario Corporations

    The December 10, 2018 compliance deadline is now fast approaching.
    CanadaReal Estate and Construction
    McMillan LLP
    McMillan LLP
  • Article

    Bill C-49: Some Welcome Improvements to Rail Service Level Arbitration

    The Government of Canada's proposed "Transportation Modernization Act" (Bill C-49), upon which we have previously reported, would amend the service level arbitration ("SLA") provisions...
    CanadaTransport
    McMillan LLP
    McMillan LLP
  • Article

    Don't Count Your Efficiencies Before They Hatch: Exploring The Factors That Impact A Railway's Operating Ratio

    Canadian Pacific Railway ("CP") has significantly reduced its operating ratio in the past few years.
    CanadaTransport
    McMillan LLP
    McMillan LLP
  • Article

    Shifting Gears – Canada To Consider New Motor Vehicle Equipment Regulations To Help Prevent Auto Theft

    The Government of Canada has announced plans to combat the increasing number of auto thefts.
    CanadaTransport
    McMillan LLP
    McMillan LLP
  • Article

    US Senate Banking Committee Unveils Digital Asset Market Structure Draft

    On November 11, 2025, Senate Agriculture Committee released a new bipartisan discussion draft proposing anticipated changes to the regulation of U.S. digital asset markets.
    United StatesFinance and Banking
    McMillan LLP
    McMillan LLP

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