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Seeking Leave To Appeal A Decision Of The Divisional Court: An Updated Framework
A five-judge panel of the Ontario Court of Appeal has refined the framework for granting leave to appeal decisions of the Divisional Court, addressing decades of inconsistent interpretation and application. The updated test clarifies when an arguable question of law or mixed law and fact rises to sufficient public importance to warrant appellate consideration, resolving uncertainty about whether different standards apply based on the Divisional Court's jurisdiction.
Canada Litigation
CM
Crawley MacKewn Brush LLP
Article
A New Structure Enters The Ring: CIRO’s Incorporated Approved Person Compensation Proposal
The Canadian Investment Regulatory Organization’s (CIRO) proposed Incorporated Approved Person model could materially change how client-facing advisors structure their businesses and receive compensation with significant impacts to sponsoring firms. The proposed rule amendments, published on July 9, 2026, would introduce a harmonized incorporated compensation option for client-facing Approved Persons across CIRO regulated dealers. Comments are due November 6, 2026.
Canada Finance
BL
Borden Ladner Gervais LLP
Article
Manitoba Expanding Land Transfer Tax To Beneficial Transfers
Effective January 1, 2027, Manitoba is expanding its land transfer tax regime to apply to beneficial (unregistered) transfers of land, even where legal (registered) title is not being transferred. The amendments bring Manitoba’s regime more closely in line with Ontario’s and Quebec’s current regimes and will affect transactions involving bare trusts, nominees and other ownership structures that separate legal and beneficial ownership of land.
Canada Tax
BC
Blake, Cassels & Graydon LLP
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