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Plaintiffs drive to overcome Securities Act protections for issuer and underwriter class actions

In 2016, plaintiffs continued their attempts to circumvent the protections offered to defendants under the Ontario Securities Act against secondary...

Securities enforcement: Regulators’ enforcement capabilities continue to grow

With the new tools recently given to securities regulators in Ontario and Québec to help combat capital market abuses, regulators are hoping for...

SPACs seek to complete qualifying acquisitions

We also expect there will be further developments in practice as the existing SPACs move to complete their qualifying acquisitions. Market...

Cold Shoulder: BC Court Denies Certification Finding No “Identifiable Class”

A recent decision by the British Columbia Supreme Court denying class certification illustrates the Court’s continued insistence on the...

Supreme Court of Canada confirms robust protection of solicitor-client and litigation privilege

The Supreme Court of Canada recently released two significant decisions on solicitor-client privilege and litigation privilege that confirm and...

Cash collateral for derivative arrangements – impact of proposed amendments to PPSA

The Ontario Personal Property Security Act (PPSA) currently does not allow cash collateral to be perfected by “control.” In addition,...

Rewards points – proposed amendments in Ontario could affect hundreds of companies

The offer of rewards points (either through credit card spending or other loyalty programs) has become so ubiquitous in consumer businesses that...

Getting the Deal Through: Electricity Regulation

The electricity markets in Canada, unlike most other states, are regulated primarily at the provincial level and not at the federal level.

Québec Courts Streamline Multijurisdictional Class Actions

As a result of Canada’s federal system, it is common for a defendant to face multiple class proceedings filed in various provinces in respect...

Significant tax treaty changes proposed in multilateral convention

The OECD released a multilateral convention (MLI) together with a detailed explanatory statement. Once in effect, the MLI may have a significant...