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Aird & Berlis LLP's newsletters provide insight and understanding into the legal world as it relates to our clients and business at large.

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Securities Law Bulletin - So Many Options: An Overview of Equity Compensation and Incentives
February 17, 2017
This article examines common forms of equity compensation, specifically option plans, restricted share unit plans and deferred share unit plans. These plans use a company’s equity to compensate and incentivize employees. Each type of plan involves the issuance of new shares or the payment of amount of cash equivalent to the fair market value of such shares (cash-in-lieu of shares).
Securities Law Bulletin - TSXV Amends Policy for Changes of Business and Reverse Takeovers
February 3, 2017
The TSX Venture Exchange published its amendments to Policy 5.2 – Changes of Business and Reverse Takeovers of the TSXV Corporate Finance Policy Manual on December 15, 2016. Policy 5.2 outlines procedures and filings for TSXV or NEX-listed issuers entering into transactions resulting in a Change of Business or Reverse Takeover.
Workplace Law Bulletin - You Asked, We Answered: Top Issues in Employment Law
January 31, 2017
Following our webinar held on January 24, 2017, we had a number of questions, including many which focused on the process of accommodation in the workplace, workplace harassment and fixed-term contracts. We thought we might use this newsletter as an opportunity to respond to some of the most frequently-asked questions.
Workplace Law Bulletin - Top Issues in Employment Law: A Webinar Recap
January 31, 2017
In our recent Workplace Law Webinar, Lorenzo Lisi, Michael Horvat, Fiona Brown and Meghan Cowan addressed some of the big issues that came to the fore in 2016 and that we expect to continue to be prominent in 2017. This article outlines three key areas that we hear about quite frequently and that are of particular importance to many of us.
Workplace Law Bulletin - Reasonable Notice Periods: A Multimillion Dollar Warning
January 31, 2017
As we turn the calendar to a new year, 2017 is beginning with uncertainty in both the political and economic climate. What is certain, however, is that human resource departments will likely be faced with the unenviable task of having to be flexible and nimble in the event economic circumstances create the need for change and workforce reductions. A recent Ontario case, issued at the end of 2016, now casts a shadow on how judges view employer obligations to departing employees.
Real Estate Law Bulletin - New Year, New Land Transfer Tax Rates!
December 19, 2016
Effective January 1, 2017, the land transfer tax (LTT) rates in Ontario will be amended. A new LTT rate will be applied on the portion of the amount of consideration for a purchase transaction which exceeds $400,000. In such regard, the LTT rate will increase from the current rate of 1.5% to 2.0%.
Collateral Matters - Federal Government Introduces and Then Withdraws a Consumer Protection Framework Under the Bank Act
December 15, 2016
This Banking Law newsletter examines Bill C-29, which addresses a wide variety of topics, including proposed changes to the Bank Act (Canada). Bill C-29 has been debated in the House of Commons and the Senate, and the government has recently decided to withdraw the portions of the legislation related to the Bank Act.
Collateral Matters - Ontario's Putting Consumers First Act Aims to Ban Door-to-Door Sales
December 15, 2016
On November 3, 2016, the Ontario government introduced Bill 59, which is titled the Putting Consumers First Act, 2016. If passed, this legislation would support the creation of new regulations that would regulate a number of areas of interest for the financial services industry.
Collateral Matters - Ditch the Wallet: Navigating Mobile Payment Regulation
December 15, 2016
The advent of mobile payment systems has enabled new entrants using financial technology to compete in a field conventionally dominated by banks and credit cards. This relatively new financial service has created challenges for regulators. A recurrent complaint of incumbents in the space is that the current regulatory framework makes it difficult for banks to innovate, while FinTech startups are not constrained by the same rules. This article addresses the patchwork of legislation currently in place, and discusses the regulatory path forward.
Collateral Matters - Supreme Court of Canada to Clarify Banks' Defences to Cheque Fraud
December 15, 2016
Fraudulent cheques create significant risks for banks. The law in this area is uncertain and challenging, and does not clearly allocate risks among the various parties to a fraudulent cheque transaction. The forthcoming appeal to the Supreme Court of Canada in the case of Teva Canada Ltd. v. Bank of Montreal et al. is an opportunity for clarity.