Canadian Securities Administrators are seeking comments on soliciting dealer...
The Canadian Securities Administrators (the “CSA”) have issued CSA Staff Notice 61-303 and Request for Comment – Soliciting Dealer Arrangements (the “Notice”) on the use of soliciting dealer...
View ArticleLook to the future: a tip for analyzing corporate culture in an era of...
2018 promises to be a year in which corporate culture will likely become an even more important focal point for investors and activists. There’s no denying that social media has drastically altered the...
View ArticleShareholder responsibility over auditor tenure
Concerns about the term or length of auditor tenure have returned to relevance following the recent fall of industry giants, providing good reason for Canadian companies to reconsider their audit and...
View ArticleCorporate governance 101: increasing minority shareholder voting power
If you are a minority shareholder you may feel a lack of control over corporate matters because majority shareholders, well, hold the majority of the voting rights. Certain shareholder agreements can...
View ArticleA pragmatic approach to climate risk
Climate change is a reality we cannot ignore. Media report season after season record-breaking heat, drought, bushfires, etc. The impact on businesses is real, and investors are increasingly pushing...
View ArticleCannabis and corporate governance: time for grow ops to grow up?
Since the legalization of recreational cannabis on October 17, 2018, the Canadian cannabis industry has experienced a significant boom. In its 2018 Cannabis Report, Deloitte predicted that legal sales...
View ArticleBill C-97 amendments to the CBCA: broadening the scope of management...
The 2019 budget implementation bill (Bill C-97) contains significant amendments to the Canadian Business Corporations Act (CBCA), which should be noted by organizations wishing to acquire Canadian...
View ArticleFull disclosure: financial assistance and related corporations
Many transactions involve financial assistance by means of a loan, guarantee or otherwise between related corporations. Often, an important consideration in these circumstances is: does such financial...
View ArticleNew share register requirements! Working towards greater corporate transparency
In November 2018, the Standing Committee on Finance released a report to address the issue of money laundering and terrorist financing in Canada. The Committee’s first recommendation emanated from the...
View ArticleA no-shop provision can be a buyer’s best friend, while exceptions may be the...
Deal protections are an important aspect of M&A transactions. Buyers will typically negotiate with the target of the transaction to include all kinds of deal protections mechanisms, including...
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