Environment and Climate Change Canada has launched the Output-Based Pricing System Proceeds Fund to invest in industrial initiatives that reduce green…
New emergency measures: implications for financial services providers
In response to the ongoing blockades and protests against pandemic restrictions, on February 14, 2022, the federal government invoked the Emergencies …
Ottawa releases draft legislation to fix contribution errors in defined contribution pension plans
On February 4, 2022, the Department of Finance released for public comment a set of draft legislative proposals to implement previously announced tax …
U.S. court ruling challenges SEC’s circumstantial insider trading evidence
A recent decision in Virginia signals the importance of the evidentiary burden in insider trading cases and could have implications for enforcement on…
OSFI announces intention to release climate risk management guidance
On January 14, 2022, the Office of the Superintendent of Financial Institutions (OSFI) announced via press release that it intends to release later th…
Next steps for Alberta’s new geothermal resource regime
Alberta’s Geothermal Resource Development Act establishes a new regulatory framework for geothermal energy in the province. Osler’s…
Bank of Canada and OSFI release findings of joint pilot project on climate change transition risk scenarios
Osler lawyer Jonathan Wypych provides his analysis of the Bank of Canada and OSFI’s joint final report on their pilot climate scenario analysis …
Energy storage key to resilient electricity grids of the future
Energy storage technologies are poised to play a large role in Canada’s energy transition and the resiliency of its future electricity grids.
The Ontario government enacts first ever whistleblower protection in the Canadian pension regulatory sector
The Financial Services Regulatory Authority of Ontario has enacted amendments that introduce the first ever whistleblower protection in the Canadian p…
Ontario Capital Markets Modernization Taskforce elicits potential enforcement changes in proposed Capital Markets Act
The draft of Ontario’s proposed Capital Markets Act includes several recommendations designed to modernize and enhance the OSC’s en…