Alberta’s Renewable Electricity Program – Competition exceeds expectations

In 2017, the Alberta Electric System Operator (AESO) commenced the first Renewable Electricity Program (REP) competition in Alberta.

Government of Canada tests the limits under the Income Tax Act in 2017

In 2017, the Canada Revenue Agency (the CRA) pursued litigation which tested the limits of its powers under the Income Tax Act.

Shifting sands of the law of privilege

In the past year, the Supreme Court of Canada reaffirmed the sanctity of solicitor-client and litigation privilege, setting a high standard for...

Privacy a primary concern in 2017

Sophisticated cybersecurity threats, high-profile data incidents, and an explosion in the volume of data analytics initiatives have resulted in...

NAFTA, CETA and the TPP – Significant challenges and opportunities

Canadian companies that engage in cross-border trade and investments in the United States and internationally should pay close attention to the...

Liberalizing foreign investment review

The federal Liberal government has taken a number of steps in 2017 to liberalize foreign investment review, making it easier for foreigners to...

Walmart sets aside US$283 million to potentially resolve FCPA allegations

Wal-Mart Stores Inc. announced in a November 16, 2017 filing with the U.S. Securities and Exchange Commission (“SEC”) that it has set...

Court says no jurisdiction over foreign bank and awards $1 million in costs in “entrepreneurial” securities class action

In Yip v. HSBC Holdings plc, the Ontario Superior Court of Justice held that it lacked jurisdiction over HSBC – a foreign issuer that...

New lists for monthly AML reporting

Dealers and advisers that are registered or operate under exemptions from registration under Canadian securities laws must consult two new lists of...

The long arm of the law: Multilateral enforcement effort leads to deferred prosecution agreement for Telia

On September 21, 2017 Swedish telecoms company Telia Co. AB agreed to pay $548.6 million in penalties as part of a deferred prosecution agreement...