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557 results found for covid 19

Insight

COVID-19 and Business Interruption Claims

Coverage under a typical insurance policy for business interruption is initiated by the insured sustaining a loss caused by “direct physical loss or damage to buildings, equipment or stock”.   Despite the substantial economic damage that COVID-19 continues to cause, the standard business interruption policy will not assist in lessening the losses sustained by Canadian corporations.  […]
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Insight

COVID-19 and accidental death coverage

No one intends to contract COVID-19.  In fact, most rational people intend to do just the opposite.  What if, despite your best intentions/precautions, you contract COVID-19 by accident?  What if this unfortunate event results in your death?  Is there a claim under your accidental death policy?  (Note different considerations apply to coverage under life insurance […]
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Insight

Temporary foreign workers and COVID-19

With the global spread of COVID-19, governments all over the world have been implementing extraordinary measures in an effort to contain the virus and its effects on the population. As part of these measures, the Government of Canada announced air and land travel restrictions including the closure of our border to all non-essential travel.[1] With […]
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Insight

Rising construction costs as a result of COVID-19

Background The COVID-19 pandemic has caused significant disruptions to the construction industry as a whole. Backlogs in supply, commodity pricing, local market disruption, and an increase in demand and labour costs, have all resulted in a significant rise in construction costs and sometimes construction disruptions.  These disruptions and rising construction costs are critical variables for […]
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Insight

Impacts of COVID-19 on the Canadian mining industry

Co-authored by: Eliane Leal da Silva, Business Advisor In the face of globally imposed restrictions to encourage social distance, numerous Canadian mining companies are being affected by the COVID-19 outbreak. Mining projects have slowed down, production has been suspended and site activities are reduced in some cases. This article aims to provide a high-level overview […]
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Insight

The impact of COVID-19 on representations and warranties insurance

As the novel coronavirus (COVID-19) pandemic continues to escalate, its impact on the global economy is becoming increasingly clear, and the private M&A market is not immune. While both global and domestic Canadian M&A activity will invariably be disrupted, there are certain impacts that COVID-19 will have on representations and warranties insurance (RWI) policies that […]
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Insight

Paid COVID-19 vaccination leave in place for B.C.

On April 27, the BC government’s amendments to the Employment Standards Act were passed providing employees with up to three hours of paid leave to get each dose of their vaccine. The amendments are retroactive to April 19, 2021. Pursuant to the amendments, if requested by their employer, an employee must provide reasonably sufficient proof […]
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Insight

Alberta creates COVID-19 vaccine paid leave

The Alberta Government has passed legislation amending the Employment Standards Code to provide employees with up to three hours of paid, job-protected leave to get the COVID-19 vaccine. The amendment applies to all full-time and part-time employees regardless of length of employment. The amendment took effect on April 21, 2021. Alberta is the second Canadian […]
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Insight

COVID-19 issues in private M&A: What we are seeing

The global outbreak of the novel coronavirus (“COVID-19”) is currently changing – and will continue to change – the way people and businesses operate, as well as the way private M&A practice is being conducted now and most likely moving forward. In M&A transactions, we have become very accustomed to certain transaction processes and deal […]
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Insight

BC introduces COVID-19 vaccine paid leave

As discussed in a previous communique, the BC Government amended the Employment Standards Regulation, BC Reg 396/95, to create an unpaid leave for employees who require leave to be vaccinated against COVID-19 or to assist a dependant who is being vaccinated against COVID-19. On April 19, 2021, the BC government introduced amendments to the Employment Standards […]
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