*Article available in English and Chinese – Criminals often make the funds gained from their illegal activities appear legitimate by money laundering. In contrast, terrorist financing provides funds for terrorist activities, which may involve funds raised from legitimate and/or criminal sources. Canadian anti-money laundering legislations…
*Article available in English and Chinese – Companies can raise funds from investors by “going public. ̋ “Going public” means offering equity securities to the public. A distribution of securities must be qualified by a prospectus that is approved by the relevant securities regulators,…
*Article available in English and Chinese – The Competition Act is a federal statute administered and enforced by the Canadian Competition Bureau and the Public Prosecutions Service of Canada. The purpose of the Competition Act is to encourage competition in the Canadian marketplace, thereby benefiting…
*Article available in English and Chinese – The Investment Canada Act regulates non-Canadian investments in Canadian businesses, including reviewing significant non-Canadian investments in Canada in order to ensure net benefit to Canada and reviewing and blocking foreign investments that may be injurious to national security….
On March 7, 2017, Bill 101, Enhancing Shareholders Rights Act, 2017, was introduced in the Legislative Assembly of Ontario for amending the Business Corporations Act (Ontario) (“OBCA”). Bill 101 received second reading on March 9, 2017. Bill 101 propositions include: (1) reducing the minimum requirement…