Introduction On January 22, 2021, the Capital Markets Modernization Taskforce (Taskforce) released its final report (Report). The Taskforce was established by the Ontario Provincial Government to help transform the regulatory landscape for the capital markets sector, and advise the Minister of Finance on how to…
Vitaly Timokhov of Tax Chambers and Barbara Hendrickson of BAX Securities Law will walk you through issues to be considered in selling your law firm from valuation to through negotiation of the sale including: Opportunities for small and mid-size law firmsValuation of the practiceDo you…
The British Columbia Securities Commission (BCSC) announced that the first meeting of its Fintech Advisory Forum, was held on November 24, 2020. The Forum advises BCSC staff on trends and development in the fintech space, as well as the unique situations faced by innovative businesses in…
On December 1, 2020 the Ontario Securities Commission (OSC) announced a proposal that would reduce the regulatory burden for international dealers and advisers that provide trading or advisory services to institutional investors in Ontario. The proposal would eliminate the need for these firms to file routine…
On December 9, 2020, and British Columbia Securities Commission (BCSC) joined the Ontario Securities Commission (OSC), Alberta Securities Commission (ASC), and the Autorité des marchés financiers (AMF) inviting businesses to apply to test innovative products, services and business models across international borders. According to the release,…
On December 10, 2020, the Canadian Securities Administrators (CSA) and the Ontario Securities Commission (OSC) announced that it was publishing guidance for issuers and insiders on the establishment, use and disclosure of automatic securities disposition plans (ASDPs). ASDPs enable insiders to make preplanned sales of…
On December 7, 2020 the Ontario Securities Commission (OSC) announced that they are making amendments to OSC Rule 45- 501 Ontario Prospectus and Registration Exemptions (OSC Rule 45-501) relating to syndicated mortgages (the Amendments). The Amendments were originally published for comment on March 15, 2019…
On December 1, 2020, the TSX Venture Exchange (the “TSXV”) announced changes to its Capital Pool Company (“CPC”) program found in Policy 2.4 Capital Pool Companies which according to the press release accounted for almost 50% of new TSXV listings over the past 10 years….
On November 16, 2020 the Bank of Canada (Bank) and the Office of the Superintendent of Financial Institutions (OSFI) today announced plans for a pilot project to use climate-change scenarios to better understand the risks to the financial system related to a transition to a…
On December 3, 2020 the Canadian Securities Administrators (CSA) published a consultation paper ( Consultation Paper) is to facilitate discussion of concerns relating to activist short selling and its potential impact on Canadian capital markets. The Consultation Paper summarizes stakeholder concerns about activist short selling,…