Canadian Securities Law

Having completed our annual deep dive into the past year’s corporate governance developments and trends, we have developed a four-part series on what you need to know to prepare for the 2020 proxy season. In this first post of the series, we look... Read more

Stikeman Elliott can assist with the secure and confidential collection of enhanced diversity information from directors and senior management for the purposes of annual proxy circular disclosure. Effective January 1, 2020, amendments to the Canada... Read more

Over the course of the last few months, the Ontario Securities Commission (OSC) has entered into a series of agreements with securities regulators in foreign jurisdictions intended to facilitate cooperation and the exchange of information in regards to... Read more

A consultation paper seeking feedback on an “access equals delivery” model for prospectuses and continuous disclosure documents was published by the Canadian Securities Administrators (CSA) on January 9, 2020 as part of its ongoing burden reduction... Read more

Shareholder activism in Canada continues to evolve, with a broad range of tactics and defenses available and with participation from domestic and other investors. This important trend was recently discussed by Stikeman Elliott’s Philip Henderson... Read more

In this year’s Oil and Gas Review, the Alberta Securities Commission highlights the continuing constraints facing reporting issuers and ongoing reporting concerns – the lack of public financing and its impact on reserve estimations taking centre... Read more

A panel of the Ontario Securities Commission (OSC), consisting of a single commissioner, recently ordered that a prospectus receipt be issued for a new Bitcoin Fund (the Fund) managed by 3iQ Corp. (the Manager), overruling an earlier decision by the Director... Read more

The Ontario Securities Commission provides us with a glimpse into its plans for 2020 through publication of its regulatory burden reduction initiatives.   Key initiatives include: developing a process for the confidential filing of prospectuses, updating... Read more

In a December 2019 ruling, the New York Supreme Court dismissed an important action by the state’s Attorney General alleging that, between 2013 and 2016, Exxon Mobil Corporation had made material misrepresentations to the effect that it had fully... Read more