In a recent decision, Kraft (Re) (Kraft), the Ontario Capital Markets Tribunal (the Tribunal) articulated clear guidance with respect to the application of the necessary course of business (NCOB) exception to the prohibition...more
On November 12, 2019, the Canadian Securities Administrators (CSA) published Multilateral Staff Notice 51-359 Corporate Governance Related Discourse Expectations for Reporting Issuers in the Cannabis Industry ("MSN51-359") to...more
12/17/2019
/ Acquisitions ,
Canada ,
Canadian Securities Administration ,
Cannabis-Related Businesses (CRBs) ,
Compliance ,
Conflicts of Interest ,
Corporate Governance ,
Disclosure Requirements ,
Independent Directors ,
Marijuana Related Businesses ,
Mergers ,
Popular ,
Private Equity ,
Securities Regulation
On October 16, 2017, the Canadian Securities Administrators (CSA), the Toronto Stock Exchange (TSX), and the TSX Venture Exchange (TSXV and together with the TSX, the TMX Group), issued long-sought guidance on disclosure...more
OSC Publishes Results of Review on REIT Distribution Disclosure; Excess Distributions, Non-IFRS Metrics Among Key OSC Concerns -
On January 26, 2015, the Ontario Securities Commission published OSC Staff Notice 51-724...more
On May 22, 2014, the Canadian Securities Administrators (CSA) published for comment proposed amendments to National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), National Instrument 41-101 General...more