New Investment Powers: Prudent Investor Standard and Legal List Amendments
1. NEW PRUDENT INVESTOR STANDARD Prudent Investor Regime Section 418.1 of the Municipal Act, 2001 (the “Act“) that authorizes municipalities (other than the City of Toronto) to opt into the prudent investor […]
WeirFoulds Lawyers Named Acritas Stars
WeirFoulds is pleased to announce that four WeirFoulds lawyers have been recommended as outstanding lawyers in Acritas Stars rankings for 2018. Acritas conducts global research interviews with 4,300 general […]
Susan Han Profiled in the Private Capital Markets Association (PCMA) Magazine
WeirFoulds Partner Susan Han was featured in the Private Capital Markets Association of Canada (PCMA) Member Spotlight feature in the Private Capital Markets magazine Winter 2017 edition.
WeirFoulds Securities Law Review
Our coverage is succinct and targeted to serve the needs of issuers and their advisors. For more detailed information on our service offerings, please visit us online at weirfoulds.com. Recent […]
Prudent Investor Legislative Provisions Update – Fourth
Earlier today the Ministry of Municipal Affairs advised that the regulation to be made under section 418.1 of the Municipal Act, 2001 will not come into effect on January 1, 2018. We understand that the Ministry plans to take additional time to consider the feedback that it received in respect of the summary of the proposed municipal prudent investor rules that the Ministry posted in the early part of October.
Race to “get a foot in the door” of the recreational cannabis industry raises potentially legal issues
Canadian cannabis producers are in a race to increase their size and gain capital ahead of Canada’s planned recreational cannabis legalization in July 2018. The recent dueling takeover bids involving a trio of domestic cannabis companies is proof of the jockeying that is currently going on in the industry.
WeirFoulds is proud to support the 19th Annual Canadian Private Equity Summit
WeirFoulds is once again a platinum sponsor of the Annual Canadian Private Equity Summit and Gala.
Revisiting First Principles Applicable to Motions for Leave to Intervene in Class Proceedings
In Romeo v. Ford Motor Co.,[1] a recent decision of the Ontario Superior Court of Justice, Justice E.M. Morgan considered the principles applicable to a motion to intervene in a certification motion […]
WeirFoulds represents Optiv Security in acquisition of Conexsys
On November 13, 2017 Optiv Security, a market-leading provider of end-to-end cyber security solutions announced that it is continuing to accelerate its growth strategy by acquiring Conexsys, a Toronto-based security […]
WeirFoulds partners recognized as leading lawyers in 2017 Lexpert® Special Edition – Energy
WeirFoulds is pleased to announce that Wayne Egan and Robert Warren are listed in the 2017 Lexpert® Special Edition – Energy.
Government Backtracks on Anti-Surplus Stripping Proposals, and Looks to Develop Alternative Proposals
Happily, on October 19, 2017, the Federal Government announced it is not proceeding with yet another measure in its July 18 proposals this time, the anti-surplus stripping proposals. Earlier in […]
Proposed Tax Measures to Limit Deferral Benefits of Acquiring Passive Investments in Private Corporations
On October 18, 2017, the Federal Government announced its intention to introduce measures to limit the deferral advantage associated with a private corporation using active business income to make passive investments (the […]
Government Backtracks on Certain Income Tax Proposals Impacting Private Corporations and their Shareholders
On October 16, 2017, the Federal Government announced its intention to lower the small business tax rate from 10.5% to 10 per cent, effective January 1, 2018, and to 9 […]
Bill 160: Major Initiatives of the Ministry of Health and Long-term Care
On September 27, 2017, the Ontario Government introduced for first reading Bill 160, Strengthening Quality and Accountability for Patients Act, 2017, one of the most far-reaching omnibus bills introduced by the […]
Court of Appeal Affirms Full Indemnity Costs Award
In Net Connect Installation Inc. v. Mobile Zone Inc., 2017 ONCA 766 , a decision released on September 29, 2017, the Court of Appeal articulates the standard of conduct that will merit […]