CSA Updates Guidance on Non-GAAP Financial Measures
On January 14, 2016, the Canadian Securities Administrators (CSA) updated its guidance on non-GAAP financial measures to reflect amendments to IAS 1 Presentation of Financial ... Continued
Save the Date: the Importance of the Date of First Use in Canadian Trademark Applications (for now)
A recent decision of the Canadian Trademarks Opposition Board, Constellation Brands Québec Inc. c Sociedad Vinícola Miguel Torres, S.A., 2016 TMOB 4 (“Miguel Torres”), serves as ... Continued
Location Matters: The Perils of Geographic Names as Trademarks
When choosing a trade or business name it may seem like a good idea to incorporate the location of your business into the name. There ... Continued
Toronto Stock Exchange Clarifies Normal Course Issuer Bid Rules
On January 15, 2016, the TSX issued frequently asked questions (“FAQ”) which provide guidance on Sections 628 and 629 of the TSX Company Manual (the ... Continued
TSX and TSXV Provide Additional Guidance on Rights Offerings
In December 2015, the Canadian Securities Administrators (the “CSA”) adopted amendments to the rights offering regime to make it easier for issuers to utilize rights ... Continued
Recent Developments in the Regulation of Defensive Tactics in Canadian Take-over Bids – Part I
A discussion of the BCSC’s decision in Re Red Eagle, 2015 BCSECCOM 401.
New Investment Dealer Prospectus Exemption Broadens Potential Investor Market for Canadian Listed Issuers
On January 14, 2016, securities regulators in British Columbia, Alberta, Manitoba, New Brunswick and Saskatchewan announced the adoption of a new prospectus exemption, effective immediately, ... Continued
Toronto Stock Exchange Clarifies Normal Course Issuer Bid Rules
On January 15, 2016, the TSX issued frequently asked questions (“FAQ”) which provide guidance on Sections 628 and 629 of the TSX Company Manual (the ... Continued
Nothing but the kitchen sink: tort immunity and covenants to insure
In its recent decision in William Osler Health Centre v. Compass Construction et al., 2015 ONSC 3959, the Ontario Superior Court of Justice considered the ... Continued
Solicitor-Client Privilege and the Wills Exception
Solicitor-client privilege is a “fundamental civil and legal right”1 which ensures that communications between lawyer and client are strictly confidential. Neither the lawyer nor the ... Continued
What is a marriage-like relationship?
Wills variation claims often involve claims by persons alleging to be a spouse of the deceased.
Starting December 8, 2015, Consider Rights Offerings for Finance
On December 8, 2015, amendments to rights offering rules finally make rights offerings a viable financing option for Canadian reporting issuers. Gone are the prospectus-like ... Continued