Business
-
June 20, 2024
Ottawa lists Iran’s Islamic Revolutionary Guard Corps as a terrorist entity in Criminal Code
The Government of Canada listed the Islamic Revolutionary Guard Corps (IRGC) of Iran as a terrorist entity under the Criminal Code, effective June 19, 2024.
-
June 20, 2024
Inheriting assets: Balancing wealth and family dynamics
A recent legal decision surrounding the death of the founder of the prominent Onni Group, DeCotiis v. DeCotiis Estate, 2023 BCSC 2163, highlighted how important it is for families to use diverse planning strategies to safeguard assets and to keep out of expensive legal disputes.
-
June 20, 2024
New partner joins Gowling in Toronto
A recent news release from Gowling WLG announced the addition of partner Asim Iqbal in the firm’s corporate restructuring, insolvency and advisory group.
-
June 20, 2024
Earthco Soil Mixtures Inc. v. Pine Valley Enterprises Inc.: Interpreting exclusion clauses
Across Canada, numerous statutes exist to protect parties to a contract. One common tension is counterbalancing the protection of parties and the right to voluntarily and consensually avoid certain duties or liabilities. With this theme in mind, some statutes allow parties to contract out of duties and liabilities. For example, s. 53 of Ontario’s Sale of Goods Act states:
-
June 19, 2024
Federal Court upholds beer giant AB InBev's trademark registration for Patagonia beer
The Federal Court has upheld a decision allowing multinational beer giant Anheuser-Busch InBev SA (AB InBev) to maintain the registration for its Patagonia beer trademark, dismissing arguments by outdoor gear company Patagonia Inc. that the owner had failed to demonstrate use of the mark.
-
June 19, 2024
Alberta-sponsored report predicts $282 billion in lost GDP from proposed oil and gas emissions cap
A report by consulting firm Deloitte Canada has proposed that the federal government's proposed oil and gas emissions cap could cost Canadians $282 billion in lost GDP over a 10-year period, $191 billion of which would come out of Alberta.
-
June 19, 2024
Competition Bureau’s immunity and leniency programs now include no-poaching, wage-fixing provisions
The Competition Bureau and the Public Prosecution Service of Canada (PPSC) have announced an update to their immunity and leniency programs to include wage-fixing and no-poaching provisions under the Competition Act.
-
June 19, 2024
B.C. Court of Appeal upholds termination clause incorporating Canada Labour Code provisions
The B.C. Court of Appeal has rejected arguments in a wrongful dismissal case that a termination clause that incorporated the notice and severance provisions of the Canada Labour Code was ambiguous because it provided for a minimum rather than a prescribed notice period.
-
June 19, 2024
Feds release draft vaping taxation framework, legislative review results
The federal Department of Finance has released draft regulations that would enable Alberta, Manitoba, New Brunswick, Yukon and Prince Edward Island to participate in a co-ordinated vaping taxation framework that calls for a 12 per cent increase to vaping excise duties, announced in Budget 2024. As well, it announced its findings from the Tobacco and Vaping Products Act legislative review.
-
June 19, 2024
Cowboys and Crypto
Digital assets can take many forms, including cryptocurrency, NFTs and digital bonds. Regardless of the form, they usually have these defining features: they are decentralized, securely housed on the blockchain and accessible to anyone with an internet connection. These features allow the digital asset industry to be used to impose the rule of law in corrupt jurisdictions by offering financial inclusion and decreasing reliance on corrupt banks or governments.