Here’s the Drill: Commingling of Funds – Carillion Canada
On June 28, 2021, the Court of Appeal for Ontario released a decision dealing with an insolvent contractor and the complications that arose when the funds it received from project […]
WeirFoulds welcomes two new associates
WeirFoulds is pleased to welcome two new associates to the firm in the following practice areas: Patricia Chehadé – Commercial Litigation Patricia Chehadé is an associate in the Commercial Litigation […]
Canada Keeps the CERS Cash Rolling, but Slows the Flow with the Program’s End in Sight
As part of the 2021 budget, the federal government has made some noteworthy changes to the Canada Emergency Rent Subsidy (“CERS“) program in anticipation of an economic ramp-up in the […]
WeirFoulds Represents Platform 9 in Closing of Qualifying Transaction
On May 19, 2021 Sol Cuisine Ltd (formerly Platform 9 Capital Corp.) (TSXV: PN.P) announced that it completed its previously announced “Qualifying Transaction” in accordance with the policies of the […]
Modernizing the Ontario Business Corporations Act: Amendments Proclaimed
Further to our article on March 11, 2021, the Lieutenant Governor of Ontario has proclaimed that certain amendments to the Business Corporations Act (“OBCA”) will come into effect on July […]
WeirFoulds welcomes new Private Equity Associate
WeirFoulds is pleased to welcome Eliott Cheeseman as an Associate to the firm’s Private Equity Practice Group. Eliott is building a corporate practice focused on the sports, media, and technology […]
WeirFoulds recognized in the 2021 Canadian Legal Lexpert Directory
WeirFoulds is pleased to announce that 28 of our lawyers have been recognized in 17 different practice areas in the 2021 Canadian Legal Lexpert Directory. Each lawyer was selected based […]
A Matter of National Concern: The Supreme Court of Canada Upholds a Federal Price on Carbon
The Decision On March 25, 2021, the Supreme Court of Canada handed down its decision in the highly anticipated Reference re Greenhouse Gas Pollution Pricing Act.[1] In a 6-3 majority, […]
Modernizing the Ontario Business Corporations Act
On December 8, 2020, the Ontario legislature enacted the Better for People, Smarter for Business Act, 2020 (the “Act”),[1] which provides key amendments to both the Ontario Business Corporations Act […]
WeirFoulds welcomes three new associates
WeirFoulds is pleased to welcome three new associates to the firm in the following practice areas: Dara W. Azari – Securities Law Dara is an associate in WeirFoulds’ Securities Practice […]
WeirFoulds represents Antibe Therapeutics in a $40M public offering
On February 24, 2020, Antibe Therapeutics Inc. (“Antibe”) (TSX: ATE) announced that it closed a bought deal public offering of 6,727,500 units (the “Units”) raising aggregate gross proceeds of $40,365,000. […]
WeirFoulds represents Lower Valley Beverage Company Ltd., maker of Sapsucker, in closing of equity investment with District Ventures Capital
On February 10, 2021, District Ventures Capital announced that it has made an undisclosed amount equity investment in Lower Valley Beverage Company Ltd., the maker of Sapsucker. WeirFoulds acted as […]
Here’s the Drill: Strategic Procurement – Drawbacks of Using Nonnegotiable Supplementary Conditions in RFPs
Requests for proposals (“RFPs”) are a popular procurement model for those looking to hire a construction contractor. RFPs will commonly stipulate the form of contract the owner intends to use. […]
WeirFoulds represents Psyence Group Inc. in listing on the CSE and subsidiary in $9.3M private placement
On January 26, 2021, Psyence Group Inc. (“Psyence”) (CSE: PSYG) announced that its common shares would begin trading on the Canadian Securities Exchange. Psyence listed after completing a reverse take-over […]
Here’s the Drill: Prompt Payment – Are your contracts in order?
In October 2019, the prompt payment rules were introduced to Ontario’s construction industry as part of the province’s updated Construction Act. The rules mark a significant shift with respect to […]