Corporate Governance Corporate Governance

The SEC’s universal proxy proposal: How it affects Canadian companies and investors

The SEC has proposed amendments to its proxy rules that are designed to allow shareholders using the proxy system to vote for their choice of a...

Contested private placements under the new take-over bid regime: the Dolly Varden decision

On October 24, 2016, the OSC and BCSC issued their joint reasons relating to the proposed private placement undertaken by Dolly Varden Silver...

Significant corporate governance changes in proposed amendments to the Canada Business Corporations Act

The Canadian federal government recently introduced Bill C-25: An Act to amend the Canada Business Corporations Act et al. The proposed amendments...

Insider trading: a first spring loading case in Québec

On August 16, the Tribunal administratif des marchés financiers, formerly the Bureau de décision et de révision, rendered a decision in which it...

A review of new whistleblower protections under Ontario’s Securities Act

The Ontario government has approved amendments to the Securities Act (Ontario) to prohibit reprisals against whistleblowers and prohibit contractual...

Cost of compliance increases in Alberta

The Alberta Securities Commission is adopting a new rule regarding fees, ASC Rule 13-501 Fees. The New Rule, which becomes effective on December 1,...

Ninety-nine problems (continued): Supreme Court of Canada denies leave to appeal Ontario Court of Appeal’s decision in Midwest Properties Ltd. v. Thordarson

On May 26, 2016, the Supreme Court of Canada denied leave to appeal the decision of the Ontario Court of Appeal in Midwest Properties Ltd. v....