The Supreme Court of Canada has recently provided clarity on the limitation period applicable to “secondary proceedings” in the securities enforcement context. Subject to a few exceptions, these proceedings, brought in the public interest against persons who have agreed with another jurisdiction’s securities regulator to be subject to regulatory action, must not be commenced more than six years after the date of “the events” that gave rise to the proceeding.
Dec 5, 2013
The guessing game is over. Three years after it was enacted, we now know that Canada’s anti-spam law (CASL) will come into force in stages over the next four years, beginning on July 1, 2014.
Dec 4, 2013
On August 16, 2013, the Canada Revenue Agency issued a technical interpretation dealing with the treatment of funds obtained through, and related expenses incurred in respect of, “crowdfunding” activities by a taxpayer under the Income Tax Act (Canada). The CRA recently made further comments on this issue at the 2013 APFF Conference Federal Round Table.
Dec 2, 2013
On November 30, 2013 the Alberta Energy Regulator Rules of Practice Amendment Regulation (Amended Rules) will be proclaimed into force which will bring significant changes to the regulatory process before the Alberta Energy Regulator (AER).
Nov 28, 2013
Most organizations in Ontario that have at least one employee and provide goods, services or facilities are required to comply with certain requirements under the Accessibility for Ontarians with Disabilities Act (AODA) and its regulations.
Nov 26, 2013
As of November 30, 2013, the Alberta Energy Regulator will take over administration of the Public Lands Act and the exploration provisions of the Mines and Minerals Act insofar as the legislation applies to energy resource activities. These changes will mark the first significant shift towards establishing a one-window regulatory approach for energy projects in Alberta.
Nov 19, 2013
In 2012, Parliament made several noteworthy changes to the Fisheries Act, including the repeal and replacement of the commonly-cited prohibition against harmful alteration, disruption or destruction of fish habitat. On November 6, 2013, an Order in Council was issued announcing that these changes – in addition to newly issued regulations under the Act – will come into effect on November 25, 2013.
Nov 19, 2013
Amendments to the Regulations Designating Physical Activities determine which projects fall within the scope of the Canadian Environmental Assessment Act, 2012 for the purposes of triggering the requirement for a federal environmental assessment. On November 6, 2013, changes relevant to oil and gas exploration and production activities in the East Coast offshore took effect.
Nov 13, 2013
The Supreme Court of Canada has ruled that warrants to search premises must expressly authorize the police to search computers found therein, in order to avoid infringement of section 8 of the Canadian Charter of Rights and Freedoms – the right to be secure against unreasonable search or seizure.
Nov 11, 2013
It’s no surprise that the prospectus requirements of Canada’s securities laws – that is, the need to use a Canadian prospectus or rely on a prospectus exemption – apply when a Canadian issuer sells securities to investors in Canada.
Volume 1, Number 8 – November 8, 2013