Dissent rights, entrenched in most provincial corporate statutes, grant shareholders the power to contest significant corporate changes and compel the corporation to repurchase their shares at a fair market value. Central to...more
On January 11, 2024, the Canadian Securities Administrators (the “CSA”) published final amendments and changes to certain national instruments and companion policies (the “Amendments”). The Amendments provide for an optional...more
On September 21, 2023, the Canadian Securities Administrators (the “CSA”) published proposed amendments to National Instrument 44-102 Shelf Distributions (“NI 44-102”) as well as to certain other rules and policies in...more
Effective January 22, 2024, all federally incorporated companies must file information on “individuals with significant control” (“ISC”) pursuant to new requirements under the Canada Business Corporation Act (the “CBCA”)....more
The Canadian Securities Administrators (“CSA”) recently made it easier and more cost-effective for issuers listed on a Canadian stock exchange to raise the greater of $5MM or 10% of the issuer’s market capitalization, up to a...more
While securities regulators on both sides of the border have provided some relief to dealers and advisors, the Canadian Securities Administrators (“CSA”) and the Securities and Exchange Commission (“SEC”) have not extended...more
To accommodate difficulties that reporting issuers and other issuers or persons may have in meeting filing requirements due to the COVID-19 pandemic, the regulators that make up the Canadian Securities Administrators have...more