Target date funds: Don’t let your guard down

A 2017 survey conducted by FSCO found target date funds to be the most common default member-directed investment option offered by Ontario-registered...

No cutting class: OCA confirms that individual class members cannot appeal settlement orders

The Ontario Court of Appeal has confirmed that class members in a class action do not have a right to appeal a settlement approval order under the...

Court certifies common issue based in novel statistical methodology of proof

In Levac v. James, 2019 ONSC 5092, the Ontario Superior Court of Justice agreed to expand the common issues in a medical negligence class action to...

OECD releases consultation document on its Global Anti-Base Erosion Proposal

On November 8, 2019, the OECD released a public consultation document on its Pillar Two - Global Anti-Base Erosion proposal – which is the focus of...

B.C. Securities Commission investigating two cryptoasset trading platforms

On November 4, 2019, the British Columbia Securities Commission (BCSC) publicly disclosed ongoing investigations into two cryptoasset trading...

Amendments to British Columbia’s Securities Act expand enforcement powers

On October 21, 2019, British Columbia introduced Bill 33 (Securities Amendment Act, 2019), which provides for substantial amendments to the British...

Change is coming with new Canadian Patent Rules/amended Patent Act

New Canadian Patent Rules (Rules) and amendments to the Canadian Patent Act (the Act) will come into force on October 30, 2019. This Update...

Board and executive diversity remains a focus for regulators: CSA releases its report on women on boards and in executive officer positions

On October 2, 2019, the CSA released its fifth annual report on women on boards and in executive officer positions (the CSA Report). The CSA...

Limitation periods remain suspended even after certification denied

Section 28 of Ontario’s Class Proceedings Act (CPA) suspends limitation periods for causes of action asserted in a class action. In RG v The...