After the federal government’s initial rollout of its COVID-19 Economic Response Plan to provide economic measures to stabilize the economy (previously described in our blog post here), a number of voices from Canada’s business community have warned of program eligibility gaps and, in particular, that early and growth stage technology and innovation businesses ...

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Posted in Commercial

In light of challenges that B.C. businesses now face relating to the COVID-19 pandemic, the provincial government has approved new regulations that postpone the coming-into-force date for the requirement for private B.C. companies to create and maintain transparency registers from May 1, 2020 to October 1, 2020. The new regulations also expand the list of companies that ...

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Businesses across all industries and stages of growth are facing unprecedented challenges during the COVID-19 crisis. In response, the federal and provincial governments in Canada are responding with an unprecedented combination of relief and stimulus programs for businesses aimed at minimizing layoffs, ensuring access to credit and liquidity, and deferring tax ...

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The following is a summary of the details released, to date, on the federal government’s proposed Canada Emergency Wage Subsidy (the “Wage Subsidy”). This program has not yet been finalized and we will update this page with new information as it is released.

Who is Eligible?

  • Eligible entities include employers that are corporations, individuals (such as sole ...
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Posted in Contracts

The COVID-19 emergency, and resulting measures put in place by governments across Canada, will make it difficult for some companies to fulfill existing contractual obligations.

The purpose of this bulletin is to outline some of the relief that may be available to defaulting parties. Specifically, we will address force majeure clauses, frustration of contracts, and ...

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Further to our blog post of March 19, 2020, the Canadian Securities Administrators (the “CSA”) granted temporary, blanket relief to market participants on March 23, 2020 from certain periodic filing requirements due to the COVID-19 pandemic. The relief applies to issuers, investment funds, registrants, certain regulated entities, and designated rating ...

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The emergence of COVID-19 and its sudden and significant impact on markets, businesses and the entire economy are uncharted waters for companies and their boards and managers. In the past two weeks in particular, businesses have had to rapidly address (i) personnel and customer health and safety; (ii) compliance with the health authority and other governmental ...

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Posted in Construction

For consideration by owners, contractors, suppliers, and project teams towards solutions on current and/or future projects.

Global pandemic.  Oil trade war. Volatile FX Markets.  Market collapse?  East African locusts.  All of these global issues, and potentially others, will impact existing and new construction projects in Canada and the world over the coming months ...

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In light of the rapidly evolving developments relating to COVID-19, and recognizing that issuers have an urgent need to focus on critical business decisions, the Canadian Securities Administrators (the “CSA”) have announced that they will grant temporary, blanket relief from the filing of certain documents required to be filed on or before June 1, 2020.

Blanket ...

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In the fall of 2018, the Canadian Securities Administrators (the “CSA”) requested comments from stakeholders on a proposed National Instrument 52-112 – Non-GAAP and Other Financial Measures Disclosure (the “Original Proposed Instrument”), which was aimed at prescribing disclosure requirements for non-GAAP and other financial measures to replace CSA ...

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About Us

Lawson Lundell's Business Law Blog covers a wide range of topics relevant to businesses of all sorts, including corporate governance, corporate commercial law, corporate finance and securities, mergers and acquisitions, procurement, private equity and venture capital, intellectual property, and business taxation. Please also see our litigation, project law, China law, and real estate law blogs. 

Legal Disclaimer: The information made available on this webpage is for information purposes only. It does not constitute legal advice, and should not be relied on as such. Please contact our firm if you need legal advice or have questions about the content of this webpage. 

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