Commercial and contract law implications of the COVID-19 pandemic April 02, 2020 Wayne Gray As a starting point, contracting parties are at common law required to perform their agreed obligations. Excuses for non-performance exist but are narrowly interpreted and applied.
British Columbia's UNDRIP legislation—a framework to advance reconciliation December 06, 2019 Sharon Singh, David Bursey, Charlotte Teal and Radha Curpen The B.C. legislature unanimously passed Bill 41 – 2019: Declaration on the Rights of Indigenous Peoples Act on November 26, 2019, fulfilling its February 2019 announcement that it would table legislation implementing the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP).
Under proposed legislation, B.C. Securities Commission would have the strongest powers in Canada to protect investors December 06, 2019 Gosia Piasecka The B.C. government proposes sweeping changes to the Securities Act (British Columbia), which will allow the British Columbia Securities Commission (BCSC) to better address white collar investment crime.
CBCA-governed corporations must provide additional diversity disclosure in 2020 September 04, 2019 Matthew Merkley & David Bristow Beginning January 1, 2020, distributing corporations governed by the Canada Business Corporations Act — generally, public companies— will be required to disclose additional diversity material for their next annual meeting of shareholders.
Employee stock options — proposed changes to Canada's preferential tax treatment September 04, 2019 Christopher Ross, Kevin Fritz & Alexandre Lamoureux Federal Finance Minister Bill Morneau released draft legislation on June 17 that will impact the preferential tax treatment of employee stock options. The government initially announced its intention to introduce these measures in the federal budget released on March 19.
A new dimension to directors’ duties: Bill C-97 August 26, 2019 Anita Anand Canadian corporate directors should be aware of Bill C-97, as it articulates meaningful changes to the duties they bear.
Bill C-86 set to strengthen financial consumer protection March 04, 2019 Peter A. Aziz and Eli Monas The Budget Implementation Act, 2018, No. 2, Bill C-86, was introduced in the House of Commons on Oct. 29 and received royal assent on Dec. 13. Once in force, the bill will consolidate existing consumer provisions and regulations and strengthen consumer protection provisions that apply to banks and authorized foreign banks under the Bank Act.
A closer look at the federal fall economic statement March 04, 2019 Matthew Welch With less than a year to go before the next federal election, much has been made of the politics of the Finance Minister's fall economic statement. Just as important are the statement's practical impacts on Canadian businesses and the economic dimensions of this series of announcements.
New requirements for beneficial ownership come into force in June March 04, 2019 Graham King and Pierre Permingeat Bill C-86, The Budget Implementation Act, 2018, No. 2, which amends several federal statutes, including the Canada Business Corporations Act, received royal assent on Dec. 13, 2018.
B.C.’s budding industry: Key policy decisions on cannabis June 15, 2018 James Munro, Lindsay Dykstra & Brandon Deans Proposed federal government legislation to legalize cannabis use leaves it up to each province to set up the regulatory framework around the sale and distribution of pot. James Munro, Lindsay Dykstra and Brandon Deans of McMillan look at what B.C. is planning.