Yukon Court of Appeal upholds transaction value in dissent decision

In Carlock v. ExxonMobil Canada Holdings ULC, 2020 YKCA 4, the Court of Appeal of Yukon found that the negotiated deal price was the fair value of...

ASC clarifies expectations relating to production disclosure by oil and gas issuers

In its annual Oil and Gas Review published on December 23, 2019, the Alberta Securities Commission (ASC) highlighted concerns related to production...

Some relief for Crystal Wealth investors eyed as OSC settles with BDO for failure to meet auditing standards

Staff of the Ontario Securities Commission (“OSC”) have once again successfully pursued an audit firm for various failings Staff allege...

Health Canada proposes restrictions on the promotion of vaping products under the Tobacco and Vaping Product Act

Health Canada has proposed new regulations that would place stricter limits on the advertising and promotion of vaping products and make health...

Greater clarity on Prohibited Insider Trading in the United States?

Canadian securities legislation explicitly prohibits trading by insiders who possess material non-public information (MNPI). However, notwithstanding...

British Columbia government consultations on changes to Mortgage Brokers Act and Disclosure of Beneficial Ownership

The Provincial government announced on Friday, January 17, 2020, that it will be accepting feedback on two consultations to assist in its ongoing...

OECD provides additional detail on Pillar One proposal in update on international tax reform – Seeking consensus-based solution in 2020

On January 31, 2020, the OECD/G20 Inclusive Framework on BEPS released the Statement by the OECD/G20 Inclusive Framework on BEPS on the Two-Pillar...

Déjà vu all over again: SEC lays fraud charges against former Portus co-founder Boaz Manor

Boaz Manor – the co-founder of the failed investment manager Portus Alternative Asset Management Inc. (“Portus”) – finds...

Dealing with financial distress

Faced with a ‘hopelessly optimistic’ management team, itʼs the boardʼs job to track risk, bolster liquidity and avert disaster

Should Canadian entrepreneurs incorporate in the United States?

Canadian entrepreneurs often look to the United States for the future financial prospects of their startups, primarily through development funding...