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Underwriting Canada

Stikeman Elliott LLP

OSC Approves Permanent Exemption from Underwriting Conflicts Disclosure Requirements for Foreign Private Placements

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The Ontario Securities Commission (“OSC”) recently made proposed OSC Rule 33-509 Exemption from Underwriting Conflicts Disclosure Requirements (the “Rule”) to provide a permanent exemption in Ontario from the underwriting...more

Stikeman Elliott LLP

OSC Extends Exemption From Underwriting Conflict Disclosure Requirements for Foreign Private Placements

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On March 1, 2022, the Ontario Securities Commission (OSC) made an order extending the blanket relief issued in February 2021 that provides an exemption from underwriting conflicts disclosure requirements for foreign private...more

Bennett Jones LLP

Cannabis IPO Checklist

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With their access to local and global investors and finance opportunities for companies at all stages, Canada’s world leading cannabis capital markets offer a wealth of opportunity. While Canada has several public listing...more

Bennett Jones LLP

Mining Initial Public Offering Checklist - 2019

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Canada’s world leading mining capital markets offer a wealth of opportunity, with their access to local and global investors, finance opportunities for companies at all stages, and sophisticated technical know-how. While...more

Bennett Jones LLP

Renewable Energy & Clean Technology Initial Public Offering

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Canada’s world leading renewable energy and clean technology capital markets offer a wealth of opportunity, with their access to local and global investors, finance opportunities for companies at all stages, and sophisticated...more

Bennett Jones LLP

Oil & Gas Exploration & Production Initial Public Offering Checklist

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Canada’s world leading oil and gas capital markets offer a wealth of opportunity, with their access to local and global natural resources, finance opportunities for companies at all stages, and sophisticated technical...more

Bennett Jones LLP

Oilfield Services Initial Public Offering Checklist

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Canada’s world leading oilfield services capital markets offer a wealth of opportunity, with their access to local and global investors, finance opportunities for companies at all stages, and sophisticated technical know-how....more

Blake, Cassels & Graydon LLP

OSFI Looks to Further Tighten Mortgage Underwriting Standards, Issues Revised Guideline B-20 for Comment

On July 6, 2017, the Office of the Superintendent of Financial Institutions (OSFI) issued a revised version of Guideline B-20 – Residential Mortgage Underwriting Practices and Procedures (Draft Guideline) for comment. This...more

Blake, Cassels & Graydon LLP

Underwriters May Have Expertise But That Does Not Make Them “Experts”

In the LBP Holdings v. Allied Nevada Gold Corp. decision released on April 27, 2016, the Ontario Superior Court of Justice refused to allow the underwriters of a secondary public offering (SPO) to be added as defendants to a...more

Blake, Cassels & Graydon LLP

At-the-Market Offerings by Canadian Issuers

Recent capital markets conditions have made at-the-market (ATM) offerings an attractive alternative to traditional follow-on equity offerings. ATM offerings reduce execution risk by permitting equity to be sold into the...more

Bennett Jones LLP

IIROC Releases Final Guidance for Underwriting Due Diligence in Public Offerings

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On December 18, 2014, the Investment Industry Regulatory Organization of Canada (IIROC) published, with immediate effect, Rules Notices 14-0299 and 14-0300 in connection with the release of final guidance (Final Guidance)...more

Bennett Jones LLP

Damages Awarded Against Underwriter for Failing to Complete a Bought Deal

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The Ontario Superior Court of Justice recently awarded damages of just over $16 million against Thomas Weisel Partners Canada Inc. (now Stifel Nicolaus Canada Inc.) for failing to close on a bought deal private placement...more

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