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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...

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...

Good news to report about Canadian trade reports – Private placement trade reporting becomes easier in October

In June 2016, the Canadian Securities Administrators (CSA) introduced new rules for reporting sales of securities in Canada under private placement...

Ontario Court of Appeal clarifies jurisdictional limits of secondary market claims in Yip v. HSBC Holdings plc

The recent judgment of the Ontario Court of Appeal in Yip v. HSBC Holdings plc provides helpful guidance on the jurisdictional limits of secondary...

Cannabis Act passes final vote in Senate

On June 19, 2018, the Senate voted to pass Bill C-45, the Cannabis Act. Senators voted 52-29, with two abstentions, to pass the final version of the...

Cannabis Act passes in Senate with amendments

After six months of study, Bill C-45, the Cannabis Act, passed third reading in the Senate. The Senate voted to adopt the Bill with a total of 46...

CSA concludes real estate issuers should improve disclosure relating to distributions and non-GAAP financial measures

The Canadian Securities Administrators (CSA) have concluded that the quality and completeness of disclosure by real estate reporting issuers relating...