Financial Services Financial Services

Federal budget briefing 2019

A summary of the significant tax proposals included in Budget 2019. Find out how these tax changes will affect Canadians and Canadian businesses.

OSFI outlines technology and cyber security incident reporting expectations

The Office of the Superintendent of Financial Institutions Canada (OSFI) recently issued the Technology and Cyber Security Incident Reporting...

Supreme Court of Canada decision in Redwater: Early implications

On January 31, 2019, in a 5-2 split decision, the majority of the Supreme Court of Canada allowed the appeal of the AER and the Orphan Well...

Alert to borrowers and lenders: Significant changes to lessee accounting standards

Effective for accounting periods starting January 1, 2019, International Financial Reporting Standards 16 has replaced International Accounting...

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.

AMF not successful in convincing Court of Appeal in a market manipulation case

The Québec Court of Appeal recently rendered a judgment addressing the elements constituting an offence for market manipulation as set forth in...

Government of Ontario rejects CSA proposal on embedded commissions

Earlier today, the Canadian Securities Administrators published proposed regulatory amendments that would prohibit the payment of commissions to...

CSA announces harmonized approach toward client focused reforms and policy on embedded commissions

The Canadian Securities Administrators recently announced a comprehensive, harmonized approach for addressing investor protection concerns regarding...