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New rights for employees
A number of new employment laws came into force in April 2024 to provide greater flexibility for employees, including enhanced flexible working rights and new leave entitlements.
Canada | Publication | March 18, 2021
The Capital Markets Modernization Taskforce was established in February 2020 and mandated to make recommendations to modernize Ontario’s capital markets regulation. An initial report was published in July 2020 for consultation and received significant feedback. A product of input from over 110 stakeholders, the taskforce released its final report on January 22, 2021.
In part 4 of this series, we cover recommendations to the securities law enforcement regime. These recommendations are designed to enhance investor protection and better position the OSC to take action against offenders.
The taskforce makes a number of recommendations to modernize its enforcement regime, including:
The taskforce recommends a number of enhancements to ensure the OSC is able to enforce securities laws, including:
The taskforce recommends enhancing the rights of those subject to OSC investigation or examination and ensuring proportionality by:
In Part 5 of this series we will discuss the taskforce’s recommendations to modernize how financial firms, capital markets intermediaries and other market participants operate.
The taskforce’s final report can be accessed here: https://www.ontario.ca/document/capital-markets-modernization-taskforce-final-report-january-2021
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A number of new employment laws came into force in April 2024 to provide greater flexibility for employees, including enhanced flexible working rights and new leave entitlements.
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We are delighted to announce that Al Hounsell, Director of Strategic Innovation & Legal Design based in our Toronto office, has been named 'Innovative Leader of the Year' at the International Legal Technology Association (ILTA) Awards.
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After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
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