Seeing the forest for the trees: Ontario Court of Appeal dismisses Sino-Forest executives’ appeal of OSC decision

On June 3, 2019 the Ontario Court of Appeal released its decision in Hung et al, v. Ontario (Securities Commission), upholding the ruling of the...

Court has no appetite to pierce corporate veil in restaurant lease decision

Corporate directors and officers may generally only be held personally liable for misconduct on the part of the corporation in limited circumstances...

Blockchain company and CEO to pay over $1M for misleading investors

The OSC has approved a settlement agreement with NextBlock Global Limited and its founder and CEO, Alex Tapscott, in connection with misleading...

Court of Appeal stays ‘unsealing’ order pending leave to appeal to the Supreme Court

In Donovan v. Sherman Estate, 2019 ONCA 376, the Court of Appeal for Ontario set aside a sealing order, to take effect 10 days after the release of...

Canada takes major steps toward enhanced biosimilar access

Over the last month, the Canadian Agency for Drugs and Technologies in Health and the Government of British Columbia have taken significant steps to...

The wind blows another way for renewable energy in Ontario

On May 31, 2019, the Government of Ontario published two regulations under the Planning Act and Environmental Protection Act.

How recent CBCA amendments could impact your business

Companies that are incorporated into the Canadian Business Corporations Act (CBCA) need to be cognizant of recent amendments to the CBCA that came...

SEC introduces long-awaited best interest standard

On June 5, 2019, after over a year of debate, the U.S. Securities Exchange Commission adopted its long-awaited Regulation Best Interest: The...

In the news: Blockchain and transfer pricing

The digital economy has given rise to a range of taxation issues. Below, we outline an interesting article that discusses how distributed ledger...

OSC Burden Reduction Initiative – OSC roundtables

In January 2019, the Ontario Securities Commission (“OSC”) announced the formation of a Burden Reduction Task Force aimed at minimizing...