Finance Law and Banking Law

Major changes to Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the "Act") came into effect on April 1, 2025.

In November 2024, draft amendments to the regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the "PCMLTFA") were published. These amendments were not unexpected...

D'importantes modifications apportées à la Loi sur le recyclage des produits de la criminalité et le financement des activités terroristes (la « Loi ») sont entrées en vigueur plus tôt que prévu, soit le 1er avril 2025. Si votre entreprise exerce ses activités dans le secteur du financement et de la location à bail, il est temps de vous préparer

Canadian crude exports by rail have seen a sharp increase since 2017 and are at an all-time high (see table below). This steady increase has been driven by a lack of pipeline infrastructure

British Columbia's Court of Appeal has upheld a ruling that declined to apply a "best efforts" requirement to the fulfillment of a financing condition in a real estate purchase agreement.

On October 4, 2018, the Canadian securities administrators published the final version of the amendments that will create a new regime for liquid alternative mutual funds (alt funds).

Underlying the current financial crisis, developed economies continue to struggle with the twin challenges of a disruptive global re-ordering and the transition from industrial to knowledge-based economies.

The 2008 economic crisis and the revelations about the role that certain officers and directors of large American financial institutions played in creating the conditions that led to this crisis gave rise to more pressure to increase the duties and liabilities of corporate directors.

Boards will play a critical role in banks’ evolving compliance models.

It’s difficult to know for certain what percentages of transactions fail to close, because investment bankers don’t like to disclose their failure rate.

Unlike most countries, each province and territory in Canada has established its own securities commission. As a result, carrying out the business of an investment fund manager in different Canadian provinces and territories requires compliance with several regulatory schemes administered by different securities commissions.

Many companies are currently taking a hard look at their operations after one of the worst economic downturns in nearly half a century.