The Canadian Securities Administrators (CSA) recently published for comment proposed amendments to National Instrument 45-102 Resale of Securities (NI 45-102) that would introduce a new prospectus exemption for the resale of securities of a foreign issuer.
The proposed exemption …Keep reading
A fundamental principle of contract law in Canada is that the parties to a contract are usually free to negotiate and agree upon any terms which will advance their respective (and sometimes mutual) interests. That being said, there are certain …Keep reading
According to the 2017 Global Startup Ecosystem Ranking, Vancouver has replaced Toronto as Canada’s dominant tech startup city.
Startup Genome, a platform dedicated to helping nurture and maintain thriving tech startup ecosystems around the world, drafted the rankings. In doing …Keep reading
On January 30, 2009, the Securities and Exchange Commission (“Commission”) adopted rules to require domestic public companies and foreign private issuers that prepare their financial statements in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”), …Keep reading
The Canadian Securities Administrators (the “CSA”) recently released their 2016 Enforcement Report (the “Report”) which highlights actions taken by the CSA across Canada. The Report was summarized by the Chair of the CSA as follows:
The …Keep reading
Canadian citizens and permanent residents (PRs) may be denied entry into the United States due to President Trump’s recent Executive Order, despite assurances suggesting otherwise from the Canadian and U.S. governments. Personal and business travellers should consider planning their trips …Keep reading
The U.S. Securities and Exchange Commission (the “SEC”) recently adopted final rules that are intended to modernize how companies can raise money to fund their businesses through intrastate (Rules 147 and 147A) and small offerings (Rule 504) while maintaining investor protections.…Keep reading