On August 3, 2012 the Investment Industry Regulatory
Organization of Canada ("IIROC") issued its
strategic plan for 2012-2015 ("Plan").
IIROC has set out its seven core strategic goals for the next
period, namely to (i) promote a culture of compliance; (ii) promote
the protection of the investing public; (iii) deliver effective and
expert regulation; (iv) strengthen the fairness, integrity and
competitiveness of the Canadian capital markets; (v) act in an
accountable, transparent and fair manner; (vi) be a cost-effective
and efficient organization; and (vii) be an employer of choice.
Susan Wolburgh Jenah, IIROC's President and Chief Executive
Officer said "this Plan will guide IIROC's efforts to
strengthen investor protection and stakeholder confidence in the
integrity, fairness and competitiveness of Canada's capital
markets in a rapidly evolving environment".
The Plan follows IIROC's first strategic plan which was
developed in 2008 and served as a foundation for the priorities and
operational strategy of the organization. The 2008 plan was updated
for the 2008-2012 period following a comprehensive review.
IIROC's Annual Report will include an annual scorecard which
will set out IIROC's progress in achieving the goals
articulated within the Plan.
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On Thursday, September 22, 2016, Dentons hosted a panel discussion about the management of liabilities and risks associated with environmental crises, including potential liabilities for directors and officers and provided insight into risk and liability techniques associated with environmental crisis management.
Under the Income Tax Act, the Employment Insurance Act, and the Excise Tax Act, a director of a corporation is jointly and severally liable for a corporation's failure to deduct and remit source deductions or GST.
Under the Income Tax Act, the Employment Insurance Act, the Canada Pension Plan Act and the Excise Tax Act, a director of a corporation is jointly and severally liable for a corporation's failure to deduct and remit source deductions.
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