On November 29, 2012, the Canadian Securities Administrators
("CSA") announced the adoption of regulatory changes and
amendments (the "Notice") to National Instrument 54-101
– Communication with Beneficial Owners of Securities of a
Reporting Issuer and National Instrument 51-102 – Continuous
Disclosure Obligations. The amendments intend to improve the
communications process between reporting issuers and shareholders.
Specifically, the process by which reporting issuers send
proxy-related materials to, and solicit proxies and voting
instructions from, registered holders and beneficial owners of
The most significant features of the amendments are as
Providing reporting issuers with a new notice-and-access
mechanism to send proxy-related materials to registered holders and
beneficial owners of securities;
Simplifying the process by which the beneficial owners are
appointed as proxy holders in order to attend and vote at
shareholder meetings; and
Requiring reporting issuers to provide enhanced disclosure
regarding the beneficial owner voting process.
The amendments will take effect on February 11, 2013. Certain
other provisions apply as of February 15, 2013, while the
notice-and-access provisions can only be used in respect of
meetings occurring on or after March 1, 2013.
For more information, please refer to the Notice, which can be
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Don’t miss the opportunity to enjoy some holiday cheer by supporting this year’s Christmas Bureau Breakfast. We hope you will join us bright and early on Tuesday, December 13 at 7 a.m. for breakfast hosted by Edmonton media personality, Bridget Ryan, and Dentons’ own Andy Hladyshevsky.
For the past 76 years, the Christmas Bureau has been providing festive meals to Edmontonians in need. This year they need your help more than ever as they anticipate serving close to 70,000 people of whom 47 percent are anticipated to be under the age of 17. Please help us help them by buying a table or making any donation to the Christmas Bureau. No amount is too small; every nickel counts.
A table of 10 is $850 and will have your company name prominently displayed on a placard at the table. Individual tickets can also be purchased for $85. A charitable donation receipt per purchase will be available only upon request. Many groups organize fundraising activities in their offices and make their donations at the breakfast.
“It is greater than one meal. One act of kindness can impact someone for a lifetime.”
As a construction company that actively bids and works on larger infrastructure projects, you will likely be required to provide a signed certification in response to future Requests for Qualifications.
On November 14, 2016, the Securities and Exchange Commission ("SEC") announced an award of more than $20 million to a whistleblower who promptly provided the regulator with valuable information that allowed the SEC to commence an enforcement action against the wrongdoers before they could squander the money.
In the recent decision, 3716724 Canada Inc. v Carleton Condominium Corporation No. 375, the Ontario Court of Appeal found that the "business judgment rule" applies to decisions of boards of condominium corporations.
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