Update | April 2020
As businesses worldwide navigate the challenges brought on by the rapid spread of COVID-19 (coronavirus), it is now more essential than ever that corporations be ready with solutions to address risk issues as they arise. Beyond the obvious health repercussions, this global pandemic has presented major disruptions for global businesses. Some have had direct commercial impacts on specific sectors, with interruptions to supply chains, challenges in meeting contractual obligations and implications under funding arrangements. Others are universal: workplace health and safety obligations, the impact of travel restrictions and containment measures, increased record keeping, protecting sensitive personal data and business continuity planning.
One thing has become clear: we can expect disruption for some time to come, and businesses need a legal team that can guide them through a crisis – Norton Rose Fulbright has the international reach, depth of skill and body of industry knowledge to answer that call.
Remember, first and foremost, to consult the commercial lease to identify the clause that governs this situation, especially since a commercial lease does not terminate simply because a tenant goes bankrupt.
COVID-19’s impact on the economy is leading to liquidity concerns for many Canadian businesses.
As previously reported in our Brand Protection Blog, given the continuing challenges faced by all businesses in dealing with the COVID-19 outbreak, the Canadian Intellectual Property Office (CIPO) will relax filing deadlines for the remainder of March and April 2020. This decision was first announced on March 16 and further updated on March 30.
As federal and provincial governments continue to implement measures to flatten the curve of COVID-19, we have prepared this update to our publication entitled “Essential services in Alberta,” released on March 23.
Over 1,700 cases reported in Ontario. Canada’s count in the thousands. States of emergency declared. Non-essential work suspended. Many of those still working across Canada are either performing essential work, working remotely, or both.
The fiduciary duty (loyalty) and duty of care owed by directors and officers of Canadian corporations require them to oversee the management of the corporation with a view to the corporation’s best interests.
As part of the Alberta government’s response to the recent oil price collapse and ongoing economic concerns associated with COVID-19, on March 20 Premier Jason Kenney announced that the term of mineral agreements expiring in 2020 would be extended for one year.
All of Canada’s ports are currently operating with accommodations being made because of the COVID-19 pandemic.
On March 25, the Canada Emergency Response Benefit Act (Act) was passed to provide financial support to workers suffering a loss of income for reasons related to COVID-19 (CERB).
As Canada deals with the many challenges arising from the COVID-19 pandemic, many employers across the country are faced with the possibility of laying off some or all of their employees on a temporary basis.
During the current pandemic there are many competing priorities, including environmental legal obligations that remain in force.
In light of the challenges faced by Canadian organizations and government institutions during the COVID-19 outbreak, on March 20 the Office of the Privacy Commissioner of Canada (OPC) issued the following guidance bulletin “Privacy and the COVID-19 Outbreak” (OPC Bulletin).
As businesses worldwide navigate the challenges brought on by the rapid spread of COVID-19 (coronavirus), it is now more essential than ever that corporations be ready with solutions to address risk issues as they arise.
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