Incorporating ESG practices and principles in loan transactions
Over the past number of years, there has been a growing emphasis on and push to incorporate Environmental, Social and Governance (“ESG”) principles in lending practices. Conducting business in a sustainable, socially-conscious way may allow lenders to improve their financial […]
Anti-money laundering concerns for money service businesses (MSBs)
In our previous article in our series on money service businesses (“MSBs”), we identified the requirements to register as a federal money service business for certain businesses. In this piece, we discuss the compliance reporting obligations for MSBs. Individuals and […]
Comments sought on short selling activities in Canada
On December 8, 2022, the Canadian Securities Administrators (“CSA”) and the Investment Industry Regulatory Organization of Canada (“IIROC”) published Staff Notice 23-329 – Short Selling in Canada (the “Notice”). The purpose of the Notice is to provide an overview of […]
Ontario’s transition to Emissions Performance Standards (EPS) Program – December 15th pricing deadline fast approaching
Ontario’s Emissions Performance Standards (“EPS“) program began replacing the federal Output-Based Pricing System (“OBPS“) for greenhouse gas (“GHG“) emissions regulation on January 1, 2022. On October 22, 2021, Ontario amended two regulations under the Ontario Environmental Protection Act (“EPA“) in […]
True sale principles from Canadian case law
In many structured finance transactions, the commercial intention among the parties is to effect a transaction resulting in a purchase and sale between a buyer (the party contributing funds) and a seller (the party contributing revenue streams from financial assets). Whether […]
Is carbon capture a game changer for Canada’s climate change strategy: A practical primer for business
Introduction In 2020, Canada produced over half a billion tonnes of carbon dioxide (CO2) emissions from fossil fuels and industrial operations. The next year, the Canadian legislature passed the Canadian Net-Zero Emissions Accountability Act, which legally enshrined Canada’s commitment to […]
Trends from 2022 OSC Investment Fund Survey
On September 9, 2022, the Ontario Securities Commission (“OSC”) published the results of its annual Investment Fund Survey (“IFS”). The IFS gathers input from over 400 investment fund managers (“IFMs”) registered in Ontario to collect data on approximately 5,700 prospectus-qualified […]
Straight Talk: Recent Trends in Canadian M&A (Issue 3, 2022)
Our Q3 2022 issue features a sector spotlight on ESG and interview with Partners Jason Kroft and Myron Mallia-Dare of the firm’s ESG and Carbon Finance practice.
Straight Talk: Recent Trends in Canadian M&A (Issue 2, 2022)
In this issue, Toronto and London-based Partners, Michael Caruso and Aaron Atcheson discuss their outlook for 2022, particularly as it relates to the automotive industry, drawing on their extensive domestic and cross-border deal experience, and sharing insights on deal structure, […]
Straight Talk: Recent Trends in Canadian M&A (Issue 1, 2022)
In addition to our quarterly Canadian M&A Review, this edition features insights from our Partners on the outlook for 2022.