The Canadian securities regulators have implemented blanket orders increasing the capital-raising limit under the listed issuer financing exemption (the LIFE Exemption), which permits qualified issuers to offer equity securities…
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/ Finance & Banking, International Law & Trade, Securities Law
In response to current global economic uncertainty, the Ontario government recently tabled Bill 5, Protect Ontario by Unleashing our Economy Act, 2025. Bill 5 aims to streamline and accelerate the approval processes for major…
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/ Energy & Utilities, Environmental Law, International Law & Trade, Zoning, Planning & Land Use
Just months after obtaining a record C$38.9-million penalty in the first fully contested drip pricing case in Canada, the Competition Bureau has initiated a new drip pricing case against Canada’s Wonderland Company, the operator…
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/ Administrative Law, Antitrust & Trade Regulation, Consumer Protection, International Law & Trade
In this issue of Insolvency Now, we continue to report on data trends from Q3 and Q4 of 2024, during which we noticed that the number of insolvency filings had steadily decreased compared with the previous year, returning to Q2…
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/ Bankruptcy, International Law & Trade
The Canadian Securities Administrators (CSA) is pausing its work on climate-related and diversity-related disclosure rules in order “to support Canadian markets and issuers as they adapt to the recent developments in the U.S…
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/ Business Organizations, Environmental Law, Securities Law
The latest edition of Davies’ Governance Insights is now available. In this issue, we review the Manti Holdings decision from Delaware.
For boards, nominees and nominating shareholders, the decision is a reminder of the…
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/ Business Organizations, Commercial Law & Contracts, Mergers & Acquisitions
Canadian securities regulators recently implemented three blanket orders introducing exemptions intended to reduce friction for capital raising. Key among these improvements is an exemption that eliminates the requirement for a…
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/ Administrative Law, Finance & Banking, International Law & Trade, Securities Law
Canada’s Minister of Innovation, Science and Industry (Minister), François-Philippe Champagne, has announced an update to the Investment Canada Act (ICA) National Security Review Guidelines (Guidelines) to expressly include “the…
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/ Antitrust & Trade Regulation, International Law & Trade, Mergers & Acquisitions
While ensuring accurate environmental claims is a laudable goal, unclear standards risk deterring businesses from informing the public of their efforts to achieve environmental goals. Ultimately, if businesses are deterred from…
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/ Antitrust & Trade Regulation, Consumer Protection, Environmental Law, International Law & Trade
In June 2024, amendments to the Canadian Competition Act (Act) garnered significant attention (and criticism) from both business and legal communities in Canada for the introduction of new “greenwashing” provisions. The new…
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/ Antitrust & Trade Regulation, Consumer Protection, Environmental Law
Canadians who emigrate to the United States or elsewhere face many decisions and considerations associated with departure, but careful tax planning should not be an afterthought. When an individual ceases to be resident in…
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/ International Law & Trade, Taxation
The latest edition of Davies’ Governance Insights is now available. In this issue, we review 10 developments that general counsel and directors of Canadian public companies, and their investors, should know for 2025 and beyond. …
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/ Business Organizations, International Law & Trade, Science, Computers, & Technology, Securities Law
Davies recently submitted comments in response to consultations initiated by the Canadian Competition Bureau’s November 7, 2024 Discussion Paper on the Bureau’s review of its Merger Enforcement Guidelines (MEGs) to better…
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/ Antitrust & Trade Regulation, Commercial Law & Contracts, Mergers & Acquisitions
Significant changes to the Québec consumer protection regime came into effect earlier this year. The president of the Office de la protection du consommateur (OPC), Québec’s consumer protection regulator, can now impose monetary…
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/ Administrative Law, Commercial Law & Contracts, Consumer Protection, International Law & Trade
Despite a strong start to the year, activist activity in Canada in 2024 tapered to pre-pandemic levels. This reversion to more historic annual totals follows a notable resurgence of shareholder demands directed at Canadian…
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/ Business Organizations, Environmental Law, Finance & Banking, Mergers & Acquisitions, International Law & Trade, Securities Law
