Articles 2020

Read about the latest from the Ontario Court of Appeal on the bench and bar's obligations to self-represented litigants.

The COVID-19 pandemic has affected businesses tremendously. Many are feeling the effects of a significant drop in the market values of almost all asset classes, including real property and private equity. However, as this article explains, these lower asset values may provide a timely opportunity for companies to make fundamental changes to the corporate structure of their business through estate freezes.

A look at the special relationship between financial advisor and senior client and what remedies are available to seniors when things go wrong.

Under new Canada Emergency Wage Subsidy (“CEWS”) legislation, non-arm’s length parties which transact with each other using arm’s length terms – as often required by the Canada Revenue Agency (“CRA”) – are penalized unfairly. This is the result of a definition in the formula which erroneously refers to the “current reference period” when it should refer to the period immediately prior to the “current reference period."

It was a busier week at the Court of Appeal this past week, with the Court releasing eight substantive civil decisions, one short civil decision and ten criminal decisions.

This quarterly update focuses on further Ontario legislative developments on new FSRA guidance and communications resulting from the COVID-19 Pandemic. Federal developments are also covered, and several new case law updates are provided.