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Osler Update March 2, 2020

Alberta Court gives Cabinet 10 days to decide on oil sands project

The Court found an unjustified 19-month delay to be “abusive” and ordered Cabinet to decide within 10 days whether to approve Prosper Petroleum...

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Osler Update February 28, 2020

Ontario releases new Provincial Policy Statement, 2020

On February 28, 2020, the Ministry of Municipal Affairs and Housing released the Provincial Policy Statement, 2020.  It will come into effect on May...

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Blog February 27, 2020

Ontario court decertifies class action because representative plaintiff’s post-certification conduct showed he was unsuitable

Can a class action continue if the only available representative plaintiff is not suitable for the role? In Azar v. Strada Crush Limited, Justice...

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Blog February 26, 2020

FCPA developments: Glencore, Ericsson and increasing regulatory enforcement

Regulators in both the U.S. and the UK have recently undertaken significant enforcement action against companies for alleged violations of foreign...

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Osler Update February 26, 2020

A Trojan Horse at the gates: Alberta Court of Appeal finds federal carbon tax unconstitutional

In a 4-1 majority decision, the Alberta Court of Appeal found the federal carbon tax legislation (the Greenhouse Gas Pollution Pricing Act)...

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A Trojan Horse at the gates: Alberta Court of Appeal finds federal carbon tax unconstitutional
Osler Update February 21, 2020

Canadian investment markets turning green: Sustainable finance and green lending

Global recognition of the importance of environmental, social and governance (ESG) considerations among investors and firms has prompted an emerging...

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Osler Update February 21, 2020

New guidance on special committees and going private transactions

The Ontario Securities Commission’s reasons for its decision in Re The Catalyst Capital Group Inc. have important disclosure and procedural...

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Osler Update February 19, 2020

Treaty exempt gain by Luxembourg holding company upheld by Federal Court of Appeal

The Federal Court of Appeal confirmed that a Luxembourg holding company was entitled to a capital gains exemption under the Canada-Luxembourg tax...

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Treaty exempt gain by Luxembourg holding company upheld by Federal Court of Appeal
Osler Update February 12, 2020

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...

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Osler Update February 12, 2020

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...

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