Worldwide: Finance and Banking

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).

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

In April 2025, the Canada Revenue Agency (CRA) issued the Income Tax Folio S3-F1-C1, Shareholder Loans and Debts, which can be relied upon as the accurate summary of the CRA's interpretation regarding subsection 15(2) of the Income Tax Act (ITA) and its related provisions.

When an individual passes away, the property and assets s/he leaves behind are collectively referred to as her/his estate.

How to know if a client relationship poses a potential conflict and what to do about it...

The U.S. Treasury recently released proposed regulations1 that would repeal the "domestic corporation look-through rule" and, instead, treat all domestic C corporations as domestic entities for purposes of determining whether a REIT is domestically controlled.

The 2024 Annual Compliance Report Card (the Report Card) published by the British Columbia Securities Commission (BCSC) summarizes the findings of the BCSC compliance teams arising from their reviews of the compliance programs of B.C.-based portfolio managers, investment fund managers, and exempt market dealers in 2024.

When a loved one passes away, their executor (the person named in the will to manage the estate) steps into a huge responsibility. They must pay bills, manage assets, and distribute property to beneficiaries.