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Denise D. Bright

Corporate & Securities Transactions Lawyer

Partner 

Michael S. Shakra

Corporate Lawyer at Bennett Jones Toronto

Partner

<p><span>Bill C-228, <em>An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985</em> received Royal Assent on April 27, 2023 and is now law, subject to a four-year transitional period before its provisions come into effect.</span></p>
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New Pension Priorities in Bankruptcy and Insolvency are Closer to Reality

New Pension Priorities in Bankruptcy and Insolvency Are Now Reality

On April 28, 2022, the federal government introduced <em>Budget Implementation Act, 2022, No. 1 </em>(Bill C-19) for first reading, to implement certain aspects of the federal government's 2022 Budget. Included in Bill C-19 is a proposed amendment to the <em>Pension Benefits Standards Act, 1985</em> (PBSA) which, if adopted, would make governance policies mandatory for all federally regulated registered pension plans (Federally Regulated Plans). It expands on previously proposed legislation, introduced in 2021, that would have made governance policies a requirement solely for Federally Regulated Plans that are negotiated contribution plans.

Governance Policies to be Required for All Federally Regulated Pension Plans

Hennadiy Kutsenko

Tax Lawyer at Bennett Jones Toronto

Counsel

On February 4, 2022, the Canadian federal government released <a rel="noopener noreferrer" rel="noopener noreferrer" href="https://fin.canada.ca/drleg-apl/2022/ita-lir-0222-1-eng.html" target="_blank">draft legislation</a> to implement a variety of proposed tax measures, which are discussed in a number of separate articles by Bennett Jones. In this article, we discuss certain of the measures that, if adopted as proposed, would implement the federal government's 2021 Federal Budget commitment to provide greater flexibility and simplify the making and reporting of contribution errors affecting defined contribution (DC) pension plans.

Fixing Contribution Errors for Defined Contribution Pension Plans

What You Need to Know About Draft Amendments to the Federal Income Tax Act and Regulations

Jesslyn G. Maurier

Technology, Media and Entertainment, Corporate Commercial and Corporate Governance Lawyer at Bennett Jones

Bennett Jones recently hosted a two-part webinar series on ESG and institutional investors. The first session looked at their role in ESG, private markets and investment, how risks and opportunities are being assessed in the boardroom, ESG performance in the energy industry and some predictions on what is ahead. The second session looked at ESG and pension plan administration with a focus on the issues at the interface of ESG and the duties of pension fiduciaries, as well as some predictions on what is ahead.

ESG and Institutional Investors Part Two

ESG and Institutional Investors: Part Two

Oliver Loxley

Corporate Lawyer at Bennett Jones Vancouver

Aaron E. Sonshine

Corporate Finance, Mergers and Acquisitions and Corporate Governance Lawyer at Bennett Jones Toronto

Alexandra Doane

Articling Student at Bennett Jones in Vancouver

Articling Student

The SEC&rsquo;s March 5 exemption preserves the existing insider reporting framework for Canadian foreign private issuers that report through SEDI, despite changes introduced by the HFIAA. This update clarifies cross-border reporting obligations and maintains the status quo for affected issuers and their insiders.

Canadian Foreign Private Issuers Remain Exempt from US Insider Reporting Requirements

James D. Beeby

Corporate Finance, M&A, Private Equity and Venture Capital Lawyer

Lisa Kakoske

Corporate and Securities Lawyer

Harpar Gill

Associate

The Canadian Securities Administrators (CSA) has introduced a voluntary Semi-Annual Reporting (SAR) Pilot allowing eligible venture issuers on the TSXV or CSE to file only six-month interim financial reports. The pilot aims to reduce reporting burdens while maintaining key continuous disclosure requirements for investors.

CSA Adopts Semi Annual Reporting Pilot For Venture Issuers

CSA Adopts Semi-Annual Reporting Pilot For Venture Issuers

Ashley M. White

Corporate & Commercial Transactions Lawyer | Power & Energy

Jason D. Roth

Construction & Infrastructure Lawyer | EPC & Project Development

Larissa D. Lees

Regulatory Lawyer at Bennett Jones Calgary

The Government of Alberta has announced plans for a 120-day approval timeline for major projects, aiming to accelerate development while maintaining Indigenous consultation and environmental protections. This initiative, aligned with federal policy and recent Alberta&ndash;Canada agreements, could create more predictable regulatory processes and meaningful investment opportunities across energy, infrastructure, CCUS and critical minerals projects. Industry participants should monitor implementation closely, as details on eligible projects and procedural interaction are still forthcoming.

Major Projects on the Horizon in Alberta

Government of Alberta Announces 120-Day Major Project Approval Timeline

Benjamin K. Reingold

Intellectual Property Litigation Lawyer at Bennett Jones Calgary

Makda Yohannes

Commercial Litigation Lawyer at Bennett Jones Toronto

Stephen D. Burns

Energy & Infrastructure Technology Lawyer | IT/OT & Markets

Partner, Trademark Agent

Artificial intelligence is increasingly being used to understand legal rights and generate court filings, raising concerns about the unauthorized practice of law. This insight examines recent US litigation, key risks and practical considerations for responsible AI use in the Canadian legal context.

Artificial Intelligence and the Practice of Law

Artificial Intelligence and the Practice of Law: Real‑World Implications for the Profession and the Justice System

David Cassin

Employment Lawyer at Bennett Jones Toronto

Talia K. Bregman

Management-side Employment Lawyer at Bennett Jones Toronto

The Ontario Superior Court&rsquo;s decision in Ghazvini v. CIBC strikes down a termination clause in federally regulated employment agreements under the Canada Labour Code. This ruling applies the Waksdale framework, emphasizing that termination clauses must meet statutory minimums for notice and cause. Federally regulated employers should review and update template agreements to ensure compliance and reduce the risk of future disputes.

Federally Regulated Employers Time to Review Employment Agreements After Ontario

Federally Regulated Employers: Time to Review Employment Agreements After Ontario Court Strikes Down Termination Clause

Bennett Jones in AmLaw Daily

From the Same Authors