As we transition to new ways of operating against a backdrop of a volatile economic outlook, businesses are implementing strategies to ensure they can continue to operate in a rapidly changing and increasingly uncertain legal and regulatory landscape. Operational resilience and a clear strategy will be essential for organizations not only to survive, but to thrive, in 2021 and beyond. Whilst protecting public health still remains the priority, many organizations are facing challenges, including major disruption to their supply chains, meeting contractual obligations, bringing people back to the workplace and implications under funding arrangements. Many of these issues need to be navigated on a cross-border basis.
This Canadian resource hub identifies the key issues and provides practical guidance as well as innovative and strategic thinking from our lawyers across the country on the legal and regulatory challenges. Our multi-disciplinary team takes a holistic approach to risk management that spans business units, areas of law and national boundaries.
What the future will hold, as we attempt to shift towards a period of recovery, is unclear. However, we can certainly expect disruption for some time, and businesses will need the assistance of agile legal teams during this time and beyond.
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It’s vaccination time: BC government expands COVID-19-related leave
The vaccine rollout is quickly expanding in BC as we enter Phase 3 of the province’s immunization plan.
Canadian securities regulators publish updated COVID-19 disclosures guidance
Just in time for the 2021 proxy and continuous disclosure season, the Canadian securities regulators have published guidance for improved disclosures related to COVID-19.
Ontario declares a second emergency, issues a stay-at-home order, and amends COVID-19 rules for individuals and businesses
On January 12, Ontario declared a second emergency under the Emergency Management and Civil Protection Act.
CCAA court decides tenant still "using" leased premises despite COVID-19 restrictions
After a series of court cases in Quebec relating to the payment of rent in light of government-imposed restrictions resulting from the COVID-19 pandemic (COVID restrictions), the Superior Court of Québec rendered a decision of interest on January 5 in the context of the restructuring proceedings commenced by Groupe Dynamite Inc. and certain affiliates under the Companies’ Creditors Arrangement Act (CCAA).
Update: Confinement reinstated in Quebec
Since our last publication, order-in-council no. 2-2021 made on January 8, 2021, (Order in Council 2-2021) has been published by the Quebec government.