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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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Canada | Publication | November 29, 2021
The Government of Alberta’s Bill 47: Ensuring Safety and Cutting Red Tape Act, 2020 introduced changes to the Occupational Health and Safety Act (OHS Act) that will come into effect December 1, 2021. In this update, we break down the key features of the amendments.
The circumstances leading to the right to refuse work are reduced in scope and limited to situations where serious and immediate threats to the health and safety of a worker are present. Previously, the right to refuse work was available for any dangerous condition that posed a danger to the worker, with no protection against other workers who may be endangered as a result of the refusal to work.
The new provisions regarding disciplinary actions provide OHS officers more authority to dismiss frivolous complaints and ensure complaints are addressed in a timely manner. Where a disciplinary action was taken against a worker, the onus of establishing that such action was taken for legitimate reasons remains on the employer.
Lastly, employers will now have more flexibility in training workers, implementing health and safety programs, and establishing health and safety committees that are tailored to specific workplace needs.
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It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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