The Challenges and Benefits of Distributed Energy Resources (DER) for Municipalities

The growing interest in, and deployment of, distributed energy resources (“DER”) has been thought to be of interest, albeit for different reasons, primarily to consumers and to local electricity distribution utilities. However, DER has important implications for municipalities, both in their capacity as the owners of those distribution utilities and as a means to promote both conservation and the development of contaminated properties.

Panama Papers and Offshore Accounts: Window of Opportunity to Make a Voluntary Disclosure Closing

Canadian residents are required to report worldwide income. Furthermore, Canadian residents are generally required to annually file a special information return for any year that they held, at any time in that year, “specified foreign property” that had a cost exceeding $100,000. A failure to report such income or file any such return makes the Canadian resident liable to significant penalties (for which interest accrues daily) and potentially open to criminal prosecution.

Frank Walwyn Honoured by Ontario Bar Association

Frank Walwyn, senior litigation partner at WeirFoulds, received the Ontario Bar Association’s 2016 Award for Distinguished Service at an award ceremony in Toronto on April 20, 2016. In “Frank Walwyn […]

Corporate Governance for Municipally-Owned Local Electricity Distribution Utilities

Local distribution electricity utilities (“LDCs”) have been a source of stable and predictable income for their municipal owners. That is in large measure a result of the fact that LDCs are providing a monopoly service overseen by a regulator charged with the obligation, among other things, to ensure the stability of the LDCs.