Business Law and Corporate Law

Canadian registered charities often establish parallel foundations to enhance fundraising, manage investments, and hold endowments separately from day-to-day operations. While this dual structure offers flexibility and long-term stability, it also introduces governance risks, administrative burdens, and complex tax considerations that organizations must carefully navigate to maintain alignment between the two entities.

Les fondations parallèles offrent aux organismes de bienfaisance canadiens une structure distincte pour la collecte de fonds et la gestion d'actifs, mais cette séparation comporte des risques importants. Comment les organismes peuvent-ils maintenir un contrôle adéquat tout en bénéficiant de cette flexibilité organisationnelle? Quels mécanismes de gouvernance permettent d'éviter les ruptures catastrophiques entre entités partenaires?

Director resignations are a critical but often overlooked aspect of not-for-profit and charitable governance, and when handled improperly, they can leave individuals exposed to significant personal liability even after they believed their service had ended.

The Ontario Superior Court's decision in EazyFoods Inc. v 615241 Ontario Ltd. examines the consequences when franchisors fail to meet Ontario's rigorous pre-contractual disclosure requirements under the Arthur Wishart Act. This case reveals how deficient financial statements, piecemeal disclosure practices, and material omissions can expose franchisors to substantial rescission damages when franchise relationships deteriorate.

Two recent federal initiatives – the launch of the Canada Strong Fund, Canada’s first national sovereign wealth fund, and the federal government’s Defence Industrial Strategy – together signal a material shift...

The Canadian Securities Administrators have proposed sweeping amendments to issuer bid, take-over bid and beneficial ownership reporting regimes that would introduce a selective repurchase exemption, enhance derivative disclosure requirements, and refine early warning triggers. These changes aim to modernize Canada's capital markets framework while addressing recurring market developments and regulatory gaps identified through recent transactions and enforcement actions.

Raising capital from investors is often an important part of a startup’s growth plans. Just as important, however, is the question of just how much of the company its founders are giving up in exchange for that capital. Pinning a precise value on a relatively new business can be a challenge, and valuation negotiations can slow down the financing process.

The Canadian Securities Administrators (CSA) published a notice and request for comment on a broad package of proposed amendments to Canada’s issuer bid...

On May 14, 2026, the Canadian Securities Administrators (the “CSA”) published proposed amendments and changes to the rules and policies governing the early warning system (the “EWS”), issuer bids (including a new selective repurchase exemption), and take-over bids (collectively, the “Proposed Amendments”)...

The Industrial and Technological Benefits (ITB) Policy requires companies awarded defence procurement contracts to undertake business activities in Canada equal to the value of the contracts they have won.

The Ontario Superior Court's decision in EazyFoods Inc. v 615241 Ontario Ltd. examines the consequences when franchisors fail to meet Ontario's rigorous pre-contractual disclosure requirements under the Arthur Wishart Act. This case reveals how deficient financial statements, piecemeal disclosure practices, and material omissions can expose franchisors to substantial rescission damages when franchise relationships deteriorate.

May 1, 2026, marked the official start of Ontario’s 2026 municipal election season, the first day of the nomination and registration period. With nomination forms flying and candidates off to the races...