Robert Carson Robert Carson

Supreme Court clarifies test for personal liability of directors for oppressive conduct

In its decision released today in Wilson v Alharayeri, the Supreme Court of Canada affirmed the test as to when liability may be assigned to...

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...

Initial Board of Directors and New Implementation Timelines Announced for Canada’s Securities Regulatory Regime

In an important step towards implementing Canada’s Cooperative Capital Markets Regime, the participating jurisdictions have made the long awaited...

Feds Release Revised Draft of Legislation to Curtail Systemic Risk in Capital Markets

In the latest step toward establishing the Cooperative Capital Markets Regulatory Authority, the Department of Finance Canada has released a revised...

Cooperative Capital Markets Regulator Releases Proposed Transition Approach

The CCMR has recently posted a summary of its proposed “Transition Approach”. This approach lays out the following transitional principles, with...

New Finance Minister Backs Plan for Cooperative National Securities Regulator

The newly appointed Minister of Finance recently affirmed the federal government’s support of a cooperative national securities regulator. Minister...