Canada: Corporate Governance

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Article
Corporations Canada Increases Scrutiny Of ISC Register Filings By Federal Corporations
Private corporations governed by the Canada Business Corporations Act (the “CBCA”) should ensure that their register of individuals with significant control (an “ISC Register”) is complete, accurate and up to date. Corporations Canada has begun issuing official inquiries to certain CBCA corporations in connection with their ISC Register filings, particularly where a corporation has reported that it has no individuals with significant control (“ISCs”).
Canada Commercial
F
Fasken
Article
Corporations Canada Renforce La Surveillance À L’égard Des Registres Des PCI Des Sociétés De Régime Fédéral
Les sociétés fermées régies par la Loi canadienne sur les sociétés par actions (LCSA) devraient s’assurer que les renseignements contenus dans leur registre des particuliers ayant un contrôle important (PCI) sont complets, exacts et à jour. Corporations Canada a commencé à envoyer des avis d’enquête officielle à certaines sociétés régies par la LCSA concernant le dépôt de leur registre des PCI, en particulier à celles ayant déclaré ne pas avoir de tels particuliers.
Canada Commercial
FF
Fasken (French)
Article
Expanding Your Engineering Company Into Canada
Canada's robust economy and stable political environment continue to attract foreign engineers and engineering companies seeking growth opportunities. For firms looking to expand into the Canadian market, understanding the requirements for company structure, regulatory compliance, and management processes is essential to successfully establishing operations eligible to perform engineering services in Ontario.
Canada Commercial
AB
Aird & Berlis LLP
Article
Restructurer Avant L’Insolvabilité : Ce Qu’Enseigne L’Affaire Ravelin Aux Sociétés Ouvertes En Difficulté
Une fiducie de placement immobilier inscrite en bourse a réussi à restructurer environ 1 milliard de dollars de dettes en défaut en utilisant un plan d'arrangement en vertu de la LCSA, évitant ainsi une procédure formelle d'insolvabilité sous la LACC. Cette décision judiciaire démontre comment les outils du droit des sociétés peuvent servir d'alternatives efficaces aux procédures d'insolvabilité traditionnelles pour les sociétés ouvertes
Canada Insolvency
MT
Miller Thomson LLP
Article
Emma Partridge Comments On Hockey Canada's Decision To Suspend Four Out Of Five Players
Following the acquittal of five Junior Hockey players on sexual assault charges, Hockey Canada has announced continued suspensions for four of the accused, with some lasting until 2030. The decision by an independent appeal board found code of conduct violations despite the criminal court's ruling, raising questions about accountability in hockey culture and the treatment of sexual assault allegations in sports.
Canada Criminal
GP
Gluckstein Lawyers
Article
ONCA Update: Court Clarifies When A Special Resolution Is Required For Certain By-law Amendments
A recent Ontario court decision has clarified the interaction between sections 17 and 103 of the Ontario Not-for-Profit Corporations Act, 2010, confirming that certain by-law amendments require member confirmation by special resolution. This interpretation provides important guidance for organizations amending their by-laws, helping them determine whether proposed changes require member confirmation by ordinary or special resolution.
Canada Commercial
BL
Borden Ladner Gervais LLP
Article
Directors And Officers: Navigating Liabilities In Canada
Corporate leaders in Canada face an increasingly complex web of legal, regulatory and reputational risks that demand careful navigation. This comprehensive examination reveals how directors' and officers' liability has evolved, encompassing traditional fiduciary duties alongside emerging challenges in cybersecurity, AI governance, climate disclosures and supply chain management. Understanding these exposures and the available protections through indemnification and insurance has become essential for effecti
Canada Commercial
D
Dentons Canada LLP
Article
CSA Seeks Input On Reporting Issuer Reforms: Proposals Could Change The Landscape For Public Companies In Canada
The Canadian Securities Administrators has launched a comprehensive 120-day consultation that could fundamentally reshape the regulatory landscape for Canadian reporting issuers. The review examines five critical areas including venture issuer classification, financial reporting requirements, private placement hold periods, material change reporting, and alignment with recent SEC modernization initiatives.
Canada Commercial
C
Cassels
Article
Highlights From CIRO’s 2025–2026 Enforcement Report
The Canadian Investment Regulatory Organization has released its annual Enforcement Report, revealing a strategic shift toward fewer but more impactful enforcement actions. While investigation volumes decreased, financial penalties surged to over $15 million, with a particular emphasis on supervisory failures and gatekeeper obligations that signal heightened regulatory expectations for dealer firms and registrants.
Canada Commercial
TL
Torys LLP
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