Directors and officers in Canada, like those in the U.S. and elsewhere, face a growing range of potential legal liabilities. To assist them, Stikeman Elliott has just published Directors & Officers in Canada, a printable online guide to the liability issues that most frequently affect board members and senior management.
Duties and liabilities discussed in Directors & Officers in Canada include those arising in the following areas of law:
- Corporate law (fiduciary duty, duty of care, etc.)
- Tort / extra-contractual liability
- Employment, labour and pensions
- Securities laws and regulations (public companies)
Additional topics include the Canadian class action regime, indemnities and D&O insurance. The guide is based on the laws of Alberta, British Columbia, Ontario and Quebec, including the federal legislation that applies in those provinces.
In the coming weeks, we will be supplementing the publication with a number of blog posts on topics of interests to directors and officers