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A. Introduction Since 2010, the Canadian Securities Administrators (“CSA”) have been reviewing the existing rules and policies regarding the marketing of prospectus offerings. On August 13, 2013, new rules (as set out in National Instrument 41-101 General Prospectus Requirements (“NI...
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On September 10, 2013, the Alberta Court of Queen’s Bench released its reasons for judgment in Genesis Land Development Corp. v. Smoothwater Capital Corporation, 2013 ABQB 509 (“Genesis”). In August 2013, Genesis Land Development Corp. (“Genesis”) had applied for an...
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What is Crowdfunding? Crowdfunding is a novel way of raising funds for a project, business idea or new venture by pooling small, individual contributions of capital from a large number of people through the internet using social media networks or...
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What is Crowdfunding? Simply put, crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet. The concept of crowdfunding has been around for a...
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In July 2013, the Québec Court of Appeal provided a ruling on the criteria for, and the right to appeal from, a decision granting leave to institute an action for damages related to the acquisition or disposition of securities in...
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On July 30, 2013, the Ontario Securities Commission (the “OSC”) published Staff Consultation Paper 58-401, Disclosure Requirements Regarding Women on Boards and in Senior Management (the “Consultation Paper”), to seek input on a proposal to require TSX-listed companies and other companies...
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On September 19, 2013, the Government of Canada, represented by the Minister of Finance of Canada, announced that it entered into an agreement in principle with the provinces of Ontario and British Columbia, and all other provincial and territorial governments...
