Osler Updates Osler Updates

The Canadian federal interest withholding tax regime

Most payments of interest made by Canadian borrowers to arm’s length non-Canadian lenders do not attract Canadian federal withholding tax, while...

New CRA guidance on input tax credit allocation methods for financial institutions under section 141.02 of the Excise Tax Act

The Canada Revenue Agency recently released new guidance on #inputtaxcredit allocation methods for #financial institutions. In their Osler Update,...

Federal Court recognizes the Crown’s duty to consult on economic benefits linked to Aboriginal rights

On July 19, 2021, Canada’s Federal Court released its decision in Ermineskin Cree Nation v Canada (Environment and Climate Change), 2021 FC 758...

Another Canadian court denies certification of Cambridge Analytica class action

The Court of Queen’s Bench for Saskatchewan recently dismissed the plaintiff’s application for class certification in Kish v. Facebook, Inc., a...

Une banque correspondante n’assume pas le rôle d’une autorité de contrôle, d’un vérificateur ou d’assureur conclut la Cour supérieure de l’Ontario

La Cour supérieure de l’Ontario affirme qu’avec le recul, c’est toujours plus clair (« Hindsight is 20/20 ») alors qu’elle rejette les...

Understanding recent changes to non-GAAP and other financial measure disclosure

In their Osler Update, authors Daniel Kolibar, Kelsey Armstrong and Lindsay Hofer comment on National Instrument 52-112 – Non-GAAP and Other...