British Columbia Case Demonstrates the Jurisdictional Reach of Provincial Securities Regulators

A recent case from the British Columbia Court of Appeal is illustrative of the power of provincial securities regulators to penalize misconduct in...

Ontario Securities Commission narrows private party standing for public interest applications in contested transactions: The Corus Entertainment decision

In the Matter of the Catalyst Capital Group Inc. and In the Matter of Corus Entertainment Inc., the OSC determined not to grant standing to The...

AE Hospitality Ltd v George: Requirements of Test for Leave to Appeal Under Rule 62.02(4)

AE Hospitality Ltd v George, 2015 ONSC 7370 dealt with the test for granting leave to appeal under Rule 62.02(4) of the Ontario Rules of Civil...

Court of Appeal Confirms Class Action Contract Claims can be Decided on Summary Judgment

On April 4, 2016, the Ontario Court of Appeal granted summary judgment in Sankar v Bell Mobility Inc., dismissing a certified class action against...

Economic stimulus through infrastructure investment – The 2016 Alberta and federal budgets

The 2016 budgets recently released by the Alberta and federal governments include commitments to make significant investments in infrastructure.

US Department of Justice Launches Pilot Program to Encourage Self-Reporting, Cooperation and Remediation of FCPA Violations

Last week the US Department of Justice (DOJ) announced the implementation of a pilot program under the US Foreign Corrupt Practices Act (FCPA). The...

IOSCO Report on Cyber Security in Securities Markets

In a climate where cyber risk is a rapidly “growing and significant threat to the integrity, efficiency and soundness of financial markets...

Court of Appeal Confirms That A Flexible Approach to Class Certification‎ Serves The Greater Good

On April 6, 2016, the Ontario Court of Appeal released its decision in Good v. Toronto Police Services Board in respect of the certification of a...

Supreme Court of Canada clarifies meaning of “Indian”

The Supreme Court of Canada’s decision confirms that "Indians” under subsection 91(24) of the Constitution Act, 1867 includes all Aboriginal...

Uncertainty of Liability Cap in Securities Act Influences Settlement Approval

The Ontario Superior Court in Donohue v Baja Mining, 2016 ONSC 1569, recently approved a Settlement Agreement for a certified class action which...