Friday News Finds – July 13, 2018

By Tegan Valentine Hello and welcome back to Top Five Friday Finds - the weekly series in which we share five of the business news stories that dominated the papers (and our conversations) this week. Changes are coming for Ontario’s Hydro One, and it looks like shareholders might have a say in selecting the utility company's next …

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Time for the OSC to revisit its policy on no-contest settlements

By Anita Anand  Originally published in The Globe and Mail. Arguably the most important function of a securities regulator is to enforce the law. In the Ontario Securities Commission’s (OSC) recently released annual statement of priorities, the regulator pledges to deliver effective compliance, supervision and enforcement. One of the key weapons in the OSC’s enforcement arsenal …

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Friday News Finds – July 6, 2018

By Tegan Valentine Hello and welcome back to Top Five Friday Finds - the weekly series in which we share five of the business news stories that dominated the papers (and our conversations) this week. The past few weeks we’ve commented on major acquisitions shaking up the entertainment industry. Disney and Comcast are currently locked in a battle …

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Alberta Court of Appeal affirms dissenting shareholders’ rights to interim payments

Originally posted by Osler, Hoskin & Harcourt LLP  By Tristram Mallett, Colin Feasby and Olivia Dixon Corporations seeking the court’s approval of a proposed arrangement transaction under s. 193 of the Business Corporations Act (Alberta) (the ABCA) typically import into the transaction dissent and fair value payment rights consistent with those created under s. 191 …

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Friday News Finds – June 22, 2018

By Tegan Valentine Let’s start with some breaking news out of Vienna, Austria. On Friday, the Organization of Petroleum Exporting Countries (OPEC) concluded its annual meeting and announced a deal that will see oil production increase by 1 million barrels per day. OPEC is an intergovernmental organization of 14 of the world's largest oil producing nations …

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Anti-investor Reforms at the CSA

The Canadian Securities Administrators (CSA), an umbrella group of representatives from securities regulatory agencies across Canada, has announced that it will eliminate deferred sales charges but that it will not ban embedded commissions. The CSA is also not moving ahead with a statutory best interests duty. This duty, which would require investment advisers to act honestly and in good …

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