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HTMLCanada’s New Nuclear Liability and Compensation Regime Under Review by Senate Committee
Daniel Bénay, Maxime Léveillé; McCarthy Tétrault LLP;
Legal Alert/Article
April 6, 2015, previously published on January 7, 2015
Bill C-22, An Act respecting Canada’s offshore oil and gas operations, enacting the Nuclear Liability and Compensation Act, repealing the Nuclear Liability Act and making consequential amendments to other Acts (the “Bill”) was first introduced in the House of Commons on January 30...

 

HTMLCanada Introduces New Border Remedies to Address Importation of Counterfeit Products
John W. Boscariol, Robert A. Glasgow; McCarthy Tétrault LLP;
Legal Alert/Article
April 2, 2015, previously published on January 12, 2015
In 2005, the retail value of counterfeit goods seized by the RCMP was $7.6 million. By 2012, this number had climbed to $38 million. Last year, the Canadian government passed the Combating Counterfeit Products Act (CCPA) to better address this increasingly prevalent issue. The CCPA included certain...

 

HTMLOSC Accepts Circumstantial Evidence of Tipping and Insider Trading in Important New Decision
Shane C. D'Souza, Rene R. Sorell; McCarthy Tétrault LLP;
Legal Alert/Article
April 2, 2015, previously published on March 30, 2015
In the recent Azeff decision, which followed a contested hearing, the Ontario Securities Commission (OSC) accepted several insider tipping and trading allegations based on “firmly established” circumstantial evidence against a mergers and acquisitions (M&A) lawyer and four registrants....

 

HTMLInvestment Canada Act Update: Amendments to National Security Review Timelines and “Net Benefit” Review Threshold
Oliver J. Borgers, Michele F. Siu; McCarthy Tétrault LLP;
Legal Alert/Article
April 2, 2015, previously published on March 27, 2015
Extended national security review timelines under the Investment Canada Act (ICA) are now in force which means that a national security review may now take up to 200 days.

 

HTMLOGC to Prohibit Conversion of LNG Facility Pipelines
Paul R. Cassidy, Monika A. Sawicka; McCarthy Tétrault LLP;
Legal Alert/Article
April 2, 2015, previously published on January 9, 2015
On January 5, 2015, the Province of British Columbia issued a direction (the “Direction”) to the British Columbia Oil and Gas Commission (“OGC”) prohibiting the OGC from issuing permits to convert LNG facility pipelines, which are built to support liquefied natural gas...

 

HTMLNew 2015 Investment Canada Act WTO Review Threshold
Oliver J. Borgers, Ian C. Michael, Leslie Milroy; McCarthy Tétrault LLP;
Legal Alert/Article
April 2, 2015, previously published on January 6, 2015
Industry Canada has announced that the 2015 Investment Canada Act (“Act”) threshold that applies to most direct acquisitions of Canadian businesses by non-Canadians will be C$369 million. This is an increase from last year’s $354 million threshold. The threshold applies to the...

 

HTMLUpcoming Pension Investment Changes to Ontario-Regulated Pension Plans: A Primer
Gregory Winfield; McCarthy Tétrault LLP;
Legal Alert/Article
April 2, 2015, previously published on March 27, 2015
On March 25, 2015, the federal government published amendments to the Pension Benefits Standards Regulations, 1985 (Canada) (PBSR) that were first proposed in draft form on September 19, 2014 (see our earlier commentary). While these amendments will obviously affect federally regulated pension...

 

HTMLFIPA Report Calls For Unnecessary Regulation of Auto Sector Privacy: Are Other Sectors of the Economy Next?
Helen Fotinos, George S. Takach, Kirsten Thompson; McCarthy Tétrault LLP;
Legal Alert/Article
April 2, 2015, previously published on March 26, 2015
Yesterday, the BC Freedom of Information and Privacy Association (FIPA) released a report titled, “The Connected Car: Who Is In the Driver’s Seat” (the “Report”). The 123-page Report describes the increasing use of digital features and services in today’s...

 

HTMLDraft Federal P&C Insurer Demutualization Regulations Issued
Ana Badour, Nancy J. Carroll, Frédéric Cotnoir; McCarthy Tétrault LLP;
Legal Alert/Article
March 26, 2015, previously published on March 18, 2015
On February 28, 2015, the Department of Finance issued draft regulations under the Insurance Companies Act (Canada) providing the process to enable federally regulated mutual property and casualty insurance companies (Mutual P&Cs) to demutualize. Demutualization is the process of converting a...

 

HTMLAMF Now Requires Quebec Virtual Currency ATMs and Trading Platforms to be Licensed
Ana Badour, Claire Gowdy, Marjolaine Hémond Hotte; McCarthy Tétrault LLP;
Legal Alert/Article
March 26, 2015, previously published on March 9, 2015
In Quebec, a business that operates a virtual currency automated teller machine, such as a bitcoin ATM, or that provides a platform for trading virtual currencies, will now be required to obtain a license under the Money-Services Businesses Act (the “Act”). On February 12th, 2015, the...

 


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