Osler Updates Osler Updates

A discordant jurisprudence: what does it mean to be ‘Acting in Concert’?

Under the Income Tax Act (Canada) taxpayers are deemed to not deal at arm’s length if they are “related”. In all other circumstances, taxpayers...

Is post-secondary education in French protected by the Canadian Charter of Rights and Freedoms?

Laurentian University’s financial difficulties raise questions about the state of funding of post-secondary education in French across Canada.

Nasdaq’s new progressive board diversity listing requirement

A majority of SEC Commissioners have approved Nasdaq proposals to introduce new board diversity listing requirements, becoming the first regulator in...

Ontario COVID-19 vaccination policy update for high risk settings: Key considerations for hospitals and healthcare organizations

On August 17, 2021, the Chief Medical Officer of Health issued a directive pursuant to section 77.7 of the Health Protection and Promotion Act (the...

Federal Financial Consumer Protection Framework in-force date announced, new regulations published

The new federal Financial Consumer Protection Framework is now set to come into force on June 30, 2022. In their Update, Osler’s Haley Adams and...

Le Comité consultatif sur le système bancaire ouvert publie son rapport final

Le Comité consultatif sur le système bancaire ouvert a publié son rapport final le 4 août.

Federal Plastics Ban

The Government of Canada took a major step towards finalizing its proposed ban on non-essential single-use plastics by the end of 2021.

TPM-02R: Transfer-Pricing Secondary Adjustments and Repatriation

TPM-02R replaces Transfer Pricing Memorandum TPM-02, “Repatriation of Funds by Non-Residents—Part XIII Assessments,” and certain paragraphs...

The Canadian federal interest withholding tax regime

Most payments of interest made by Canadian borrowers to arm’s length non-Canadian lenders do not attract Canadian federal withholding tax, while...

New CRA guidance on input tax credit allocation methods for financial institutions under section 141.02 of the Excise Tax Act

The Canada Revenue Agency recently released new guidance on #inputtaxcredit allocation methods for #financial institutions. In their Osler Update,...