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Potential significant changes to the Ontario Municipal Board on the horizon

The Government of Ontario (the Province) is conducting a formal review of the Ontario Municipal Board (the OMB), which may result in significant...

Supreme Court of Canada clarifies the remedy of rectification in Canadian tax cases

On December 9, 2016, the Supreme Court of Canada released two much-awaited decisions in Fairmont and in PJC that clarified the scope of the remedy...

Canada’s younger generation needs a new pension tool

Ottawa recently introduced proposed changes that would amend federal pension laws to permit federally regulated employers to provide a pension plan...

Co-investment rights in private equity funds: Here to stay

According to Preqin’s '2016 Preqin Global Private Equity & Venture Capital Report', the global amount of dry powder has now topped US$1.3...

Corporate recapitalizations as an alternative to insolvency proceedings

Corporations in financial difficulty are increasingly turning to the arrangement provisions of the CBCA or equivalent provincial corporate statutes...

Climate change law moves into high gear

Canada’s provincial governments have adopted a range policies to reduce greenhouse gas emissions, while the federal government began taking steps...

Governance in 3D – Diversity, disclosure and director elections in 2016

Diversity disclosure practices were under the microscope following the first full year of mandated disclosure under securities laws regarding the...

Northern Gateway loss may be a win for industry

Aboriginal issues and the duty to consult continue to be among the primary risks to resource development in Canada.

Plaintiffs drive to overcome Securities Act protections for issuer and underwriter class actions

In 2016, plaintiffs continued their attempts to circumvent the protections offered to defendants under the Ontario Securities Act against secondary...

Securities enforcement: Regulators’ enforcement capabilities continue to grow

With the new tools recently given to securities regulators in Ontario and Québec to help combat capital market abuses, regulators are hoping for...