Canada: Corporate and Company Law

After a brief dip in popularity in the Canadian public M&A market, contingent value rights, or CVRs, have seen renewed interest as acquirors and target companies look to bridge gaps on value attributable to a future milestone, asset or performance outcome. CVRs provide target shareholders with a contractual right to receive additional consideration post-closing if specified payment triggers are satisfied during their term; they are used to address circumstances where the parties agree on the base value of a company but disagree on specific (and contingent) drivers of value.

The Reporter provides a monthly summary of Canadian federal legislative and regulatory developments of relevance to federally regulated financial institutions. It does not address Canadian provincial financial services legislative and regulatory developments. In addition, purely technical and administrative changes (such as changes to reporting forms) are not covered.

Apple recently announced that Tim Cook, the tech giant’s longtime CEO, will step down from the role on September 1, fifteen years after he succeeded late founder Steve Jobs.

In Emond v. Trillium Mutual Insurance Company, 2026 SCC 3 [Emond], the Supreme Court of Canada (“SCC”) dismissed an appeal by homeowners seeking full reimbursement for the replacement of their flood-damaged home.

The TSX Venture Exchange (TSXV) has removed its longstanding requirement for issuers to engage a sponsor in connection with listing transactions effective March 31, 2026.

Two recent federal initiatives – the launch of the Canada Strong Fund, Canada’s first national sovereign wealth fund, and the federal government’s Defence Industrial Strategy – together signal a material shift...

SRS Acquiom has released its 2026 private-target M&A deal terms study. The Study analyzes deal trends across more than 2,300 transactions that closed from 2020 through 2025 and with a focus on the last four years.

Multiple funding solutions will be necessary to enable Canada to achieve the ambitious goals in defence and national security which have been outlined by the current federal government.

By the time the CRA issues the reassessment, the record is already taking shape. During the objection, the CRA will reinforce its interpretation of the facts and how they apply...