Corporate Finance & Securities Insights

Image for Amendments to the Canada Business Corporations Act in force and on the horizon

Amendments to the Canada Business Corporations Act in force and on the horizon

Insight

Published: March 31, 2023

Author: Kyle Mirecki

Categories: Corporate / Commercial, Corporate Finance & Securities, Corporate Governance

New amendments to the Canada Business Corporations Act came into effect on August 31, 2022 (the “New CBCA Amendments”). This blog outlines the New CBCA Amendments and other changes to the… Read More

Image for How to conduct a substantial issuer bid

How to conduct a substantial issuer bid

Insight

Published: February 27, 2023

Authors: Sean MacLachlan, Robert Law

Categories: Corporate Finance & Securities

A substantial issuer bid (SIB) allows you to distribute excess cash to shareholders by purchasing shares for cancellation beyond the amounts permitted under normal course issuer bids (NCIBs). SIBs are regulated… Read More

Image for Looking ahead to climate-related reporting requirements in Canada: Part 2

Looking ahead to climate-related reporting requirements in Canada: Part 2

Insight

Published: February 13, 2023

Authors: Sean MacLachlan, Robert Law

Categories: Corporate Finance & Securities, ESG

In our last blog, we discussed the Canadian Securities Administrators’ (“CSA”) proposed climate-related disclosure requirements (the “Canadian Proposal”). This week, we’ll discuss international developments that have impacted the Canadian Proposal. Since… Read More

Image for Looking ahead to climate-related reporting requirements in Canada: Part 1

Looking ahead to climate-related reporting requirements in Canada: Part 1

Insight

Published: February 6, 2023

Authors: Sean MacLachlan, Robert Law

Categories: Corporate Finance & Securities, ESG

Securities regulators in Canada and the United States are developing climate-related disclosure requirements for reporting issuers and registrants. In the first of this two-part blog series, we’ll summarize some of… Read More

Image for Normal course issuer bids on the TSXV, NEO and CSE

Normal course issuer bids on the TSXV, NEO and CSE

Insight

Published: January 30, 2023

Authors: Sean MacLachlan, Robert Law

Categories: Corporate Finance & Securities

In our previous blog, we provided an introduction to normal course issuer bids (“NCIBs”) for issuers listed on the Toronto Stock Exchange (“TSX”). This week, we’ll cover the NCIB requirements… Read More

Image for Conducting a normal course issuer bid on the TSX

Conducting a normal course issuer bid on the TSX

Insight

Published: January 23, 2023

Authors: Sean MacLachlan, Robert Law

Categories: Corporate Finance & Securities

If you believe the market price of your securities is lower than the true value of your business and your future prospects, you may want to consider repurchasing your own… Read More

Image for Raising capital in the U.S.: Considerations for Alberta-based companies

Raising capital in the U.S.: Considerations for Alberta-based companies

Insight

Published: January 19, 2023

Author: Mark Mielke

Categories: Corporate Finance & Securities

This blog was written with the assistance of Robert Johnstone, summer law student. Given the growth of Alberta’s technology and clean-tech industries, many Alberta-based companies are looking to raise capital from… Read More

Image for Exemptive Relief May Promote Capital Raising and Development of Agribusiness Projects

Exemptive Relief May Promote Capital Raising and Development of Agribusiness Projects

Insight

Published: December 19, 2022

Authors: Sean MacLachlan, John A. Brigidear, Deirdre Lanigan

Categories: Agriculture & Food, Corporate Finance & Securities

Our previous blogs discussed capital-raising for businesses in the agricultural sector. Generally speaking, to raise money by selling shares, a business must either prepare a prospectus or sell shares to… Read More

Image for The Rise of At-The-Market Offerings in Canada Since 2020

The Rise of At-The-Market Offerings in Canada Since 2020

Insight

Published: December 15, 2022

Author: Kyle Mirecki

Categories: Corporate / Commercial, Corporate Finance & Securities, Mergers & Acquisitions

The use of at-the-market (“ATM”) offerings by issuers listed on Canadian stock exchanges has increased since the amendments to National Instrument 44-102 – Shelf Distributions (“NI 44-102”) and its companion… Read More

Image for Looking to Raise Funds for Your Agribusiness? Here Are Two Options

Looking to Raise Funds for Your Agribusiness? Here Are Two Options

Insight

Published: December 12, 2022

Authors: Sean MacLachlan, John A. Brigidear, Tony Basu

Categories: Agriculture & Food, Corporate Finance & Securities

If you’re an Alberta-based agribusiness looking to raise capital, you have several options to consider – but how do you know which option is right for your business? In the first… Read More