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Canada Recordkeeping Requirements

Stikeman Elliott LLP

CIRO Publishes Phase 5 of its Rule Consolidation Project

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The Canadian Investment Regulatory Organization (“CIRO”) has published for comment Phase 5 of its rule consolidation project (the “Rule Consolidation Project”). Phase 5 involves rules relating to outsourcing and service...more

Snell & Wilmer

The “What,” “When,” and “How” of President Trump’s New Tariffs Against Canada, Mexico and China: Developing a Legal and Business...

Snell & Wilmer on

1. What? Tariff Rates and Legal Authority - President Trump signed three executive orders imposing new tariffs against Canada, Mexico, and China, following through on prior campaign and post-inauguration promises. While...more

Littler

Ontario, Canada Announces Effective Date and New Regulations Governing ESA Changes to Publicly Advertised Job Postings and...

Littler on

Ontario’s Bill 149, Working for Workers Four Act, 2024 and Bill 190, Working for Workers Five Act, 2024 both amended the Employment Standards Act, 2000 (ESA) by, among other things, setting out requirements and prohibitions...more

Foley & Lardner LLP

Five Compliance Best Practices for … USMCA Management

Foley & Lardner LLP on

As an accompaniment to our biweekly series on “What Every Multinational Company Should Know About” various international trade, enforcement, and compliance topics, below find an update to our series on compliance checks that...more

Mintz - Employment Viewpoints

Minimum Wage Increases and Ontario Employment Shake-up: What Employers Need to Know

Ontario’s Bill 149, Working for Workers Four Act, 2024, received royal assent on March 21 2024, bringing in new changes to Ontario’s employment landscape. Below are some of the key developments that businesses with employees...more

Blake, Cassels & Graydon LLP

Les ACVM publient un règlement sur la conduite commerciale en dérivés

Contexte ​- Après un processus de consultation qui aura duré 10 ans, les Autorités canadiennes en valeurs mobilières (les « ACVM ») ont publié le Règlement 93-101 sur la conduite commerciale en dérivés (le « Règlement »),...more

Blake, Cassels & Graydon LLP

Derivatives Business Conduct Rule Issued by the Canadian Securities Administrators

Background - After a 10-year long consultation process, the Canadian Securities Administrators (CSA) have published Multilateral Instrument 93-101 – Derivatives: Business Conduct (Rule), a core regulation governing dealing...more

Bennett Jones LLP

Canadian Securities Administrators Adopt Multilateral Instrument 93-101: Derivatives—Business Conduct

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The Canadian Securities Administrators (CSA) announced that the regulatory authorities of each jurisdiction in Canada, except for British Columbia, have adopted Multilateral Instrument 93-101, entitled Derivatives—Business...more

Stikeman Elliott LLP

OSC Publishes Annual Compliance Report for Dealers, Advisers and Investment Fund Managers for 2022-2023

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The Ontario Securities Commission (“OSC”) recently released its annual Summary Report for Dealers, Advisers and Investment Fund Managers (the “Report”), prepared by the Compliance and Registrant Regulation Branch, for the...more

Blake, Cassels & Graydon LLP

B.C. Introduces Legislation to Regulate Money Services Businesses

On March 29, 2023, British Columbia introduced Bill 19, the Money Services Businesses Act (B.C. MSB Act), which proposes to regulate money services businesses (MSBs) operating in the province. The regulation of MSBs in B.C....more

Blake, Cassels & Graydon LLP

Des sanctions imposées par la SEC relativement à la tenue de documents mettent en garde les maisons de courtage canadiennes

Des amendes totalisant plus de 1 G$ US infligées récemment aux États-Unis dans le cadre d’une série de règlements liés à des manquements aux exigences relatives à la tenue de documents rappellent aux maisons de courtage...more

Blake, Cassels & Graydon LLP

SEC Crackdown on Record-Keeping Failures Offers a Warning to Canadian Securities Firms

A series of recent settlements in the United States relating to record-keeping violations, with fines totalling over US$1-billion, offer a reminder to Canadian securities firms of the importance of supervising the forms of...more

Blake, Cassels & Graydon LLP

La Chambre des communes dépose le projet de loi C-26 pour encadrer la cybersécurité dans certains secteurs

Le 14 juin 2022, la Chambre des communes du Canada a déposé le projet de loi C-26, lequel prévoit l’imposition de diverses obligations en matière de cybersécurité aux organisations désignées exerçant des activités dans quatre...more

Blake, Cassels & Graydon LLP

House of Commons Introduces Bill C-26: Proposed Federal Cybersecurity Legislation

On June 14, 2022, the House of Commons of Canada introduced Bill C-26, which would impose a series of cybersecurity-related obligations on designated organizations in four key federally regulated sectors: telecommunications,...more

Bennett Jones LLP

New Corporate Requirement—Transparency Registers for B.C. Private Companies

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Starting on May 1 of this year, all private companies governed by the Business Corporations Act (British Columbia) (BCA) must maintain a "transparency register". The register will contain the names of individuals with direct...more

Bennett Jones LLP

Changes to Cross-Border Data Flow Consent Requirements: Is Your Privacy Policy Still Compliant?

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Seeking input from interested third parties, the Office of the Privacy Commissioner of Canada (OPC) announced a revision to its policy position on transborder data flow under the federal Personal Information Protection and...more

Bennett Jones LLP

CBCA Private Corporations Subject to New Shareholder Record-Keeping Requirements

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In December 2017, Canadian finance ministers announced their agreement in principle to “pursue legislative amendments to federal, provincial and territorial corporate statutes or other relevant legislation to ensure...more

Bradley Arant Boult Cummings LLP

Canadian Confidential: Mandatory Data Breach Notifications under PIPEDA

While businesses and consumers were all agog to see the latest variation of the California Consumer Privacy Act passed earlier this year, Canada quietly introduced its latest permutation to the Personal Information Protection...more

Littler

Ontario, Canada: Proposed Legislation Would Repeal Certain Amendments Made by Bill 148

Littler on

On October 23, 2018, the Ontario government announced its intent to repeal amendments made by Bill 148, The Fair Workplaces Better Jobs Act, 2017 (Bill 148). Bill 148, which received Royal Assent on November 27, 2017, made...more

Blake, Cassels & Graydon LLP

The Good, the Bad and the Ugly: Revised Regulations to PCMLTFA

The wait is over. On June 9, 2018, the Department of Finance (Department) released the long-awaited amendments to the regulations to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) (Revised...more

Blake, Cassels & Graydon LLP

Canadian Derivatives: Registration Regime for Dealers and Advisers Gets Momentum

On April 19, 2018, the Canadian Securities Administrators (CSA) took a major step toward adopting a comprehensive regime for the regulation of those in the business of trading derivatives or advising on derivatives. The CSA...more

Alston & Bird

Canada Publishes Final Regulations on Mandatory Reporting of Privacy Breaches

Alston & Bird on

On April 18, 2018, the Canadian government published final regulations which include mandatory privacy breach notification, reporting and record-keeping obligations under Canada’s federal data protection law called the...more

Blake, Cassels & Graydon LLP

Quebec Amends its Energy Efficiency Regulations and Moves Towards Implementation of 2030 Energy Policy

On August 15, 2017, the Regulation respecting the energy efficiency of electrical or hydrocarbon-fuelled appliances (Quebec Regulations) was amended in order to eliminate and reduce disparities with the energy efficiency...more

Dickinson Wright

New Legislation: The Forfeited Corporate Property Act

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The Forfeited Corporate Property Act, 2015 (“FCPA”) and related changes to the Ontario Business Corporations Act (“OBCA”) received Royal Assent on December 10, 2015 and came into force December 10, 2016. ...more

Blake, Cassels & Graydon LLP

Canadian Regulators Finalize Customer Protection Rules for Cleared OTC Derivatives

The Canadian Securities Administrators (CSA) recently published National Instrument 94-102 – Derivatives: Customer Clearing and Protection of Customer Collateral and Positions and the related Companion Policy (collectively,...more

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