Capital Markets Capital Markets

New guidance on soliciting dealer arrangements

The Investment Industry Regulatory Organization of Canada (IIROC) — the investment dealer self-regulatory organization — recently published...

How to draft exclusive vs. non-exclusive jurisdiction clauses

A recent decision from the Court of Appeal for Ontario reminds us that parties using their contracts to select a jurisdiction for hearing disputes...

CSA and IIROC propose regulatory framework for cryptoasset trading platforms

On March 14, 2019, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) published a...

The take-over bid regime after two years

It has now been over two years since Canada’s take-over bid regime was revamped to provide for a minimum 105-day bid period, a mandatory 50%...

Canadian developments affecting cross-border offerings of securities

With cannabis companies dominating the headlines in 2018, it was easy to overlook other Canadian developments affecting capital markets activities.

Ontario establishes regulations and provides detail regarding the licensing and operation of private cannabis retail stores

Ontario has released regulations under the Cannabis Licence Act, 2018 to clarify certain matters relating to the licensing and operation of private...

Frequently asked questions regarding cannabis promotional materials

In this Update, we answer frequently asked questions regarding cannabis promotional materials now that the Cannabis Act is in force.

Cannabis Statute Law Amendment Act, 2018: Ontario government passes cannabis regulatory regime

The Ontario government recently passed Bill 36, the Cannabis Statute Law Amendment Act, 2018 on October 17, 2018.

What constitutes a MAC in an M&A deal?

The Delaware Court of Chancery released its decision in Akorn, Inc. v. Fresenius Kabi AG, finding for the first time that a buyer had properly...

CSA finalizes alternative mutual funds regime

On October 4, 2018, the Canadian Securities Administrators published amendments to National Instrument 81-102 Investments Funds and National...