Executive Compensation Executive Compensation

Against votes for directors, new timing on shareholder proposals and other CBCA changes now in effect

Recent amendments to the Canada Business Corporations Act and the Canada Business Corporate Regulations, 2001 are discussed by Osler lawyers in an...

Executive compensation challenges both new and old

The Ontario Court of Appeal sensibly overturned a lower court decision refusing to enforce a clause requiring the forfeiture of equity grants on...

A year of upheavals and dashed expectations: Executive compensation developments in 2020

Executive compensation plans were upended in 2020 as a result of the dramatic impact of the COVID-19 pandemic on business plans and the extraordinary...

SCC puts employers on notice regarding long-term incentive plans

In its decision released on October 13, 2020, the Supreme Court of Canada in Matthews v. Ocean Nutrition Canada Limited, 2020 SCC 26, confirmed that...

Executive compensation: On the cusp of change

The past twelve months saw several developments that will have a significant impact on compensation practices in 2020.

Canadian government introduces tax legislation applying to employee stock options granted on or after January 1, 2020

On June 17, 2019, the Canadian government tabled a Notice of Ways and Means Motion with proposed amendments to the Income Tax Act (Canada) to...

Budget 2019 limits employee stock option benefits but signals possible tax deductions for employers

The 2019 federal budget proposes to impose an annual cap on stock options granted to an employee that will be eligible for the Stock Option Deduction.

Ontario Court of Appeal reaffirms principles of contractual interpretation in upholding a termination clause

In its latest decision on the enforceability of termination clauses in employment contracts, the Ontario Court of Appeal recently released reasons...