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McMillan is a leading business law firm serving public, private and not-for-profit clients across key industries in Canada, the United States and…
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McMillan LLP | Canada | 29 Nov 2023

Could it be True? Canada to Introduce Open Banking Legislation

On November 21, 2023, the Government of Canada released its 2023 Fall Economic Statement (the “Economic Statement”). The Economic Statement announced…
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McMillan LLP | Canada, USA | 29 Nov 2023

Client Alert - Certain Canadian Corporations May Be Subject to US Corporate Transparency Act Reporting Requirements

Reporting obligations under the United States Corporate Transparency Act (the “CTA” or the “Act”) will take effect on January 1, 2024…
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McMillan LLP | Canada | 29 Nov 2023

Necessary Guidance: Ontario Capital Markets Tribunal Provides Key Insights on the ‘Necessary Course of Business’ Exception in Kraft (Re)

Directors and officers frequently find themselves making Swift decisions in connection with corporate transactions. While the rapid exchange of…
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McMillan LLP | Canada | 29 Nov 2023

Net Zero Plans Deserve Closer Attention Than They Are Getting

Although certainly not without controversy, environmental, social and governance (“ESG”) initiatives of all kinds have today become a priority for…
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McMillan LLP | Canada | 24 Nov 2023

Attracting Venture Capital and Private Equity Investors: The Alberta Business Corporations Act Makes Alberta the Most Investor and Business Friendly Corporate Jurisdiction in Canada

Both domestic and international businesses, when doing business in Canada, may choose the province in which they incorporate. Each province has its…
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McMillan LLP | Canada | 23 Nov 2023

Structuring Mortgage Investment Corporations in Canada

Mortgage investment corporations (“MICs”) are investment management companies holding a portfolio of loans secured against Canadian real property and…
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McMillan LLP | Canada | 23 Nov 2023

New Corporate Transparency Requirements for Federal Corporations

Effective January 22, 2024, federal corporations are required to file with Corporations Canada certain information on individuals with significant…
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McMillan LLP | Canada | 22 Nov 2023

Working for Workers Four Act, 2023: How Ontario’s Proposed Changes Will Impact Employers

As an update to our recent bulletin, the Ontario government has officially introduced Bill 149, the Working for Workers Four Act, 2023 ("Bill 149")…
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McMillan LLP | Canada | 21 Nov 2023

Plan for the Ban: What the Federal Court’s Decision ACTUALLY Means for Your Business - Your Questions Answered

The Federal Court recently made a big statement through its ruling in Responsible Plastic Use Coalition v. Canada (Environment and Climate Change)…
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McMillan LLP | Canada | 20 Nov 2023

CSA and CIRO Provide Update on Short Selling Regulatory Regime Review

On November 16, 2023, the Canadian Securities Administrators (the “CSA”) and the Canadian Investment Regulatory Organization (“CIRO”) published…
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