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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
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Fasken
Article
Counter-Tariffs In Force, U.S. Import Bans Announced, A Cabinet Planning Forum, An Investment Summit, EU Diplomatic Overtures And A House Returning
With Labour Day now behind us, Parliament Hill is gearing up for its September 21 return. Canada’s counter-tariffs on nearly $28 billion in American goods are now in force, and the United States has already escalated in response: President Trump has signed measures to ban certain Canadian alcohol, dairy-related products, molasses, non-alcoholic beer, motorcycles and mopeds from entering the U.S. market as of September 29, while modifying the list of Canadian goods subject to 50% tariffs effective September 15 and directing action to remove Canadian-origin products from U.S. government procurement schedules.
Canada International
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Fasken
Article
Competition Bureau Proposes New Cartel Enforcement Guidelines
On July 15, 2026, the Competition Bureau (the “Bureau”) released its proposed Cartel Enforcement Guidelines (the “Guidelines”) for public consultation. The Guidelines, intended to improve transparency and predictability, provide the Bureau's updated enforcement framework for sections 45 to 49 of the Competition Act (the “Act”), consolidating and modernizing guidance previously contained in the Bureau's Competitor Collaboration Guidelines and Enforcement Guidelines on wage-fixing and no-poaching agreements.
Canada Anti-trust
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Fasken
Article
When Employment Ends, Do RSUs Keep Vesting? Ontario Court Of Appeal Weighs In On Wigdor v Facebook Canada
The Ontario Court of Appeal's decision in Wigdor v Facebook Canada Ltd. addresses whether employers can stop equity compensation vesting during statutory notice periods. When Facebook Canada terminated Dr. Wigdor and cancelled his unvested RSUs worth millions, the court examined whether forfeiture provisions in equity agreements can override Employment Standards Act protections for employee compensation.
Canada Employment
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CCPartners
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