Perspectives Newsletter

Perspectives Newsletter

In this issue...

  • In the Green Zone: Navigating the Competition Act’s New Greenwashing Provisions
  • New Public Register Proposed for Advocates of Foreign State-Owned and Controlled Enterprises
  • Québec’s Language Legislation: Release of Regulations Impacting Commercial Contracts and Trademarks

Plus a new B.C. decision on employment contracts, important news on federal tax incentives for rental housing construction, recent developments from Canada’s securities commissions, and our latest “Views from the Market” podcast.

To see a complete list of our blogs and guides visit our Knowledge Hub .


Competition

In the Green Zone: Navigating the Competition Act’s New Greenwashing Provisions

Peter Flynn, Irma Shaboian

The new prohibition against greenwashing under the Competition Act took effect on June 20, 2024, while private actions for deceptive marketing practices will take effect next year. This prohibition merely codifies existing law against deceptive claims about the environmental benefits of a product and introduces an additional new requirement for general environmental claims by a business to align with internationally recognized methodologies.?Read?More

New Public Register Proposed for Advocates of Foreign State-Owned and Controlled Enterprises

David Elder, Kevin Ackhurst

Bill C-70, the Countering Foreign Interference Act, has been passed by Parliament and?received Royal Assent on June 20, 2024. The Foreign Influence Transparency and Accountability Act will come into force on a date to be set by the Governor-in-Council in the coming months.?Read?More


Corporations & Commercial

Québec’s Language Legislation: Release of Regulations Impacting Commercial Contracts and Trademarks

Rachel Zuroff

This post summarizes a newly published regulation amending the Québec Charter of the French Language and the Regulation respecting the language of commerce and business in key areas such as commercial contract drafting and the use of English-language trademarks.?Read?More


Capital Markets & Securities

EMDs Can Now Participate in Prospectus Offerings

Darin R. Renton, Simon A. Romano

The securities regulators in Alberta, British Columbia, New Brunswick, Nova?Scotia, Ontario, Québec and Saskatchewan have published a temporary exemption that allows exempt market dealers to participate in prospectus offerings as members of selling groups in order to support capital-raising by early-stage businesses. The relief has been implemented through substantially harmonized blanket orders that are effective for 18?months. Read?More

AMF Highlights Key Initiatives in its 2024-2025 Annual Statement of?Priorities

The Autorité des marchés financiers (“AMF”) recently published its?2024-2025 Annual Statement of Priorities, which outlines key initiatives that the Québec securities regulatory authority intends to pursue for the period from April 1, 2024 to March 31, 2025. The initiatives form?part of the implementation of the AMF’s?2021-2025 Strategic Plan, which envisions the AMF as “a value-added regulator for consumers and the financial sector.”?Read?More


Tax

Enhanced GST/HST Rebate for Purpose-Built Rental Housing: Latest Developments

Incentivizing construction of new rental homes is a key policy priority for Canadian governments. As discussed in an earlier post, the federal Department of Finance issued a news release on September 14,?2023 relating to proposed enhancements to the GST New Residential Rental Property rebate on certain eligible new purpose-built rental?housing.?In this post, we briefly review this new “PBRH Rebate”, which became law on December 15, 2023, in addition to other significant recent developments.?Read?More


Employment & Pension

Tailwinds of “Common Sense” Buoy Employers: British Columbia Court of Appeal Upholds Simple Termination Clause

Gary T. Clarke, David M. Price, Cameron Penn

In the decision of?Egan v. Harbour Air Seaplanes LLP, 2024 BCCA 222,?the British Columbia Court of Appeal upheld a termination clause in an employment agreement, rejecting various arguments to undermine the clause’s validity.?Read?More


Mergers & Acquisitions

Views from the Market: Midmarket M&A and Private Equity Podcast

Mario Nigro

Stikeman Elliott M&A partner Mario Nigro and Jas Dhaliwal, Managing Director at Vancouver-based Lark Street Capital discuss current trends in the market, with a focus on Lark Street’s midmarket M&A advisory work.?Listen?to?the?podcast


To see a complete list of our blogs and guides visit our Knowledge Hub .

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