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Friday, June 22, 2018 @ 9:21 AM

Securities regulators looking to regulate risky derivatives market Fraser McDonald, Allen McDonald Swartz LLP

The oversight body for Canada’s securities regulators has outlined a proposal to increase transparency in the risky derivatives market, a move that an observer says is long overdue. The Canadian Securities Administrators (CSA) announced June 14 it was holding a consultation period on its proposed instrument to establish a business conduct regime for regulating dealers and advisers in over-the-counter (OTC) derivatives in Canada. ... [read more]

Thursday, June 21, 2018 @ 9:51 AM

FEDERAL INCOME TAX - Exemptions - Indians - Income situated on a reserve

Appeal by Bell from a Tax Court of Canada judgment finding that bonuses paid by Reel Steel were not exempt from taxation under s. 87 of the Indian Act. Reel Steel installed rebar for high rise residential construction towers. ... [read more]

Thursday, June 21, 2018 @ 9:23 AM

Growing, consuming legal cannabis may still be prohibited in condos, apartments condo_cannabis_sm

The Senate has passed Bill C-45, paving the way for the legalization of personal cannabis cultivation and consumption. While legislation may permit such activity, there is nothing in the proposed legislation to prohibit contractual restrictions on cannabis cultivation and consumption in the context of condominium and rental housing. Condominium boards and multiresidential landlords are ahead of the legislative curve as many have already implemented contractual restrictions on cannabis cultivation and consumption in their buildings. ... [read more]

Wednesday, June 20, 2018 @ 11:44 AM

Diamond and Diamond grows service offerings

Diamond and Diamond Lawyers LLP, a firm that started in the personal injury space and expanded to offer real estate, wills, immigration and family law services has now added a commercial and civil litigation division. ... [read more]

Wednesday, June 20, 2018 @ 9:09 AM

Temporary entry for business persons under the Trans-Pacific Partnership immigration_tpp_sm

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was signed March 8, 2018. In addition to trade provisions, the CPTPP enables foreign nationals to enter member countries for business purposes, under reciprocal agreements. This will increase opportunities for Canadians to conduct business in member countries. It will also provide additional options for foreign business persons to enter Canada without demonstrating a distinct labour market need. Instead, business persons from member countries will be eligible to enter Canada as business visitors, intra-company transferees, investors, or professionals/technicians, provided they meet the qualifying criteria. ... [read more]

Monday, June 18, 2018 @ 11:42 AM

New member joins Harper Grey

Vancouver-based Harper Grey LLP has taken on a new associate counsel. ... [read more]

Friday, June 15, 2018 @ 12:00 PM

Securities oversight body warns cryptocurrency offerings may run afoul of law Geoffrey Cher, Wildeboer Dellelce LLP

The oversight body for Canada’s securities regulators has issued new guidance on how securities law applies in the burgeoning cryptocurrency market, stating companies should be aware their offerings may be a security and thus subject to stringent requirements under the law. ... [read more]

Friday, June 15, 2018 @ 10:11 AM - Last Updated: Friday, June 15, 2018 @ 3:33 PM

SCC affirms 7-2 Ontario and B.C. regulators’ denial of accreditation to TWU’s proposed law school Janet Epp Buckingham

In a four-opinion ruling, the Supreme Court of Canada has ruled 7-2 that the refusal of the law societies of Ontario and B.C. to accredit Trinity Western University’s (TWU) proposed law school was reasonable because the regulators proportionately balanced the impact on the religious freedom rights of TWU’s community with the regulators’ mandate to protect the public — including promoting equal access to the legal profession, diversity and lawyer competence, as well as upholding a positive public perception of the legal profession. ... [read more]

Friday, June 15, 2018 @ 9:33 AM

Franchise supplier’s duty of care doesn’t extend to economic loss sub_sandwhich_sm

In 1688782 Ontario Inc. v. Maple Leaf Foods Inc. 2018 ONCA 407, a decision released on April 30, the Court of Appeal for Ontario held that the defendant Maple Leaf Foods, which was the exclusive supplier of core menu items to the Mr. Sub franchise system, was not liable to franchisees in the system for alleged economic loss caused by a food recall. ... [read more]

Thursday, June 14, 2018 @ 4:31 PM

SCC affirms laws are not a ‘service’ open to challenge at a federal human rights tribunal Clément Gascon

The Supreme Court of Canada has unanimously upheld a human rights tribunal’s dismissal of complaints against the refusal to register certain people as “Indians” because their direct attack on the legislated eligibility requirements for registered Indian status does not amount to a complaint about the discriminatory provision of a “service” under s. 5 of the Canadian Human Rights Act (CHRA). ... [read more]