In the recent Ontario Court of Appeal decision in PQ Licensing S.A. v. LPQ Central Canada Inc. (“PQ Licensing”), the Court considered whether the mandatory mediation process prescribed by a franchise agreement impacted the limitation period applicable to a franchisee’s rescission claim.
Canada has a sophisticated capital markets system. Securities of both Canadian and foreign public companies can be listed and traded on several of Canada’s stock exchanges. The largest stock exchange in Canada is the Toronto Stock Exchange (TSX).
On May 23, 2017, the Government of Ontario’s Special Advisors released their Final Report from the Changing Workplaces Review (Final Report) which outlines 173 recommendations to amend the Employment Standards Act (Ontario) (ESA) and the Labour Relations Act (Ontario) (LRA).
There is a wide range of financing options available in Canada for new and expanding foreign businesses.
Canada’s tax rules are complex and subject to change. The information contained herein is not, and is not intended to be a comprehensive overview of Canada’s tax system.
Several different business structures may be used to conduct business in Canada. Non-residents looking to engage with Canadian businesses, or those intending to carry on business in Canada, should familiarize themselves with such structures.
With its stable political and economic landscape, independent governments and courts, skilled workers and high standard of living, Canada is an attractive country in which to do business.
On February 1, 2017, the British Columbia Franchises Act and Regulations came into effect making British Columbia the sixth province in Canada with franchise legislation.
British Columbia has released the anticipated regulations to the previously enacted Franchises Act (BC).
In September 2015 a new government was elected in Canada on a platform of significant change. Its first budget, tabled in March, outlines a plan for implementation of that change. A significant part of the budget – upwards of $3 billion CAD – is committed to the encouragement of innovation.