Ontario and Alberta face-off in multijurisdictional hockey player class action

Parallel class proceedings – where the same or similar causes of action and allegations are advanced by plaintiffs in support of proposed class...

Toronto Stock Exchange proposes to amend public company acquisition buy-side security holder approval requirement

The Toronto Stock Exchange (TSX) is proposing to amend the requirement for buy-side security holder approval in connection with a dilutive...

Ontario Judge Rejects $75 Million Fee for Class Counsel

In Brown v Canada (Attorney General), 2018 ONSC 3429, Ontario judge Justice Belobaba rejected the proposed Sixties Scoop Canadian national settlement...

CSA publishes harmonized response to concerns regarding client-registrant relationship

On June 21, 2018, the Canadian Securities Administrators (CSA) released two published notices concerning investor protection initiatives.  The...

Divided Supreme Court suggests standard of review framework is unsettled

The SCC’s split decision in Canada (Canadian Human Rights Commission) v. Canada (Attorney General), issued June 14, 2018, is an indication that the...

The AMF is called to order by the Québec Superior Court

In a rare judgment, the Québec Superior Court dismissed an administrative decision rendered by the Autorité des marchés financiers (the AMF, the...

Cannabis Act passes final vote in Senate

On June 19, 2018, the Senate voted to pass Bill C-45, the Cannabis Act. Senators voted 52-29, with two abstentions, to pass the final version of the...

L’AMF rappelée à l’ordre par la Cour supérieure

Avant de rendre une décision, le décideur administratif a l’obligation de (i) notifier un préavis mentionnant les motifs qui justifient ladite...

Nike withdraws from supplying Iranian World Cup Team over sanctions concerns

Nike announced on June 11, 2018 that it would withdraw from supplying shoes to players on the Iranian national soccer team as a result of U.S....

Too punitive: Québec Court of Appeal cuts award of punitive damages down to size

On May 11, 2018, the Québec Court of Appeal rendered its decision in Vidéotron v Girard, 2018 QCCA 767. Vidéotron was appealing a Superior Court...