Corporate Governance Corporate Governance

Québec Court of Appeal finds aspects of the proposed co-operative capital markets model unconstitutional

The Québec Court of Appeal has concluded that while the governance framework for the co-operative capital markets regulatory regime is...

Looking ahead: Climate change as a board issue

Climate change is an important area of board oversight, encompassing potential long-term physical impacts on operations, risks and opportunities, as...

On the road to legalization: Highlights of Canada’s proposed Cannabis Act

The Government of Canada introduced Bill C-45, An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and...

Shareholders divided on proxy access

A shareholder proposal requesting that the board of directors take steps to adopt a “proxy access” by-law was considered at the annual meetings...

Ontario Courts continue to clarify the scope and power of section 99 of the Environmental Protection Act

In Huang v Fraser Hillary’s Limited, 2017 ONSC 1500, the Ontario Superior Court of Justice confirmed that plaintiffs can rely on section 99 of the...

You’ll just have to settle for less — SEC shortens settlement window to T+2

On March 22, 2017, the U.S. Securities and Exchange Commission amended its rules under the Securities Exchange Act of 1934 to shorten the standard...

New international commercial arbitration regime takes effect in Ontario

On March 22, 2017, a new international commercial arbitration act for Ontario came into force. The International Commercial Arbitration Act, 2017...

Fairness Opinions after InterOil

The Supreme Court of Yukon recently issued its reasons for approving Exxon Mobil’s acquisition of InterOil. Issuers and financial advisors should...

SEC “tags” public companies using IFRS with XBRL reporting requirements

The U.S. Securities and Exchange Commission made a long-awaited update to its requirement for public companies to provide a version of their...