In an extremely rare decision, the Supreme Court of British Columbia declined to approve a plan of arrangement transaction on the basis that it was not fair to shareholders.
The Canadian Securities Administrators are soliciting views on the appropriateness of introducing an “access equals delivery” model in the Canadian capital market.
The United States Securities and Exchange Commission voted to propose amendments to the definition of accredited investor under United States securities laws, one of the primary tests for who is eligible to participate in the United States private capital markets.
Certain securities regulatory authorities in Canada issued guidance related to the disclosure of financial interests in the context of M+A transactions in the cannabis industry.
The British Columbia government has introduced the first major amendments to the Securities Act in almost a decade, giving the British Columbia Securities Commission some of the strongest powers in the country.
The TSX Venture Exchange has amended its Corporate Finance Manual to reduce the frequency with which directors, officers, promoters and other insiders have to submit a Personal Information Form.
The Canadian Securities Administrators published for comment proposed amendments intended to provide the Canadian Public Accountability Board with improved ability to perform audit inspections.
The Canadian Securities Administrators (CSA) published a summary of their review of the disclosure made by 641 reporting issuers under Form 58-101F1 Corporate Governance Disclosure, particularly as it relates to gender diversity among corporate leadership.
Effective September 30, 2019, the British Columbia Securities Commission adopted amendments which now require all reports of exempt distribution to be filed online through its eServices system.
The Canadian Securities Administrators published for comment proposed amendments to the business acquisition report filing requirements for non-venture issuers.
Nearly 200 top American CEOs, including the leaders of Apple, Pepsi and Walmart, issued a statement on “the purpose of a corporation,” arguing that companies should no longer advance only the interests of shareholders.
The BC Mining Law Reform Network recently released a set of recommendations to address what they perceive to be serious shortcomings of British Columbia’s mining regulatory regime.
The Canadian Securities Administrators issued guidance intended to assist companies in identifying and improving their disclosure of material risks posed by climate change.
The British Columbia Securities Commission released its Capital Market Report for 2018, which provides a snapshot of the province’s enterprise economy.
The TMX Group published its report summarizing the discussion, underlying themes, stakeholder recommendations from the TSX Venture Exchange Roundtable held earlier this year.
The Canada Business Corporations Act has been amended to require directors and officers to consider the interests of the relevant “stakeholders,” the environment and the long-term interests of the corporation.
