CSA announces harmonized approach toward client focused reforms and policy on embedded commissions

The Canadian Securities Administrators recently announced a comprehensive, harmonized approach for addressing investor protection concerns regarding...

Ontario Court introduces cy-près requirement as condition of class fee approval

In Welsh v Ontario, Justice Perell asserted the court’s role in ensuring that class counsel’s fees are fair and reasonable in light of...

Inbound M&A: What directors need to know

Osler, in conjunction with the Institute of Corporate Directors (ICD) prepared a survey of director views on M&A, which was then sent to the ICD...

Québec Superior Court interprets exclusivity clause in shopping mall lease narrowly against franchisor

In Second Cup Ltd. c. 8702934 Canada inc. (Café Vasanti), 2018 QCCS 2064, the Superior Court of Québec narrowly interpreted an exclusivity clause...

New GST/HST rules for carbon emission allowances

On June 27, 2018, the Department of Finance released new GST/HST rules for carbon emission allowances (the New Rules).

Ontario and Alberta face-off in multijurisdictional hockey player class action

Parallel class proceedings – where the same or similar causes of action and allegations are advanced by plaintiffs in support of proposed class...

Toronto Stock Exchange proposes to amend public company acquisition buy-side security holder approval requirement

The Toronto Stock Exchange (TSX) is proposing to amend the requirement for buy-side security holder approval in connection with a dilutive...

Ontario Judge Rejects $75 Million Fee for Class Counsel

In Brown v Canada (Attorney General), 2018 ONSC 3429, Ontario judge Justice Belobaba rejected the proposed Sixties Scoop Canadian national settlement...

CSA publishes harmonized response to concerns regarding client-registrant relationship

On June 21, 2018, the Canadian Securities Administrators (CSA) released two published notices concerning investor protection initiatives.  The...

Divided Supreme Court suggests standard of review framework is unsettled

The SCC’s split decision in Canada (Canadian Human Rights Commission) v. Canada (Attorney General), issued June 14, 2018, is an indication that the...