Canada: Corporate Governance

A co-investment is a direct investment opportunity presented by the sponsor (manager or general partner) of a private fund in which the investor may already be participating.

After a 30-year career as one of Torys’ top dealmakers, Sharon Geraghty made a bold career move by becoming Executive Vice President and General Counsel at Great-West Lifeco.

The Ontario Court of Appeal has clarified a critical aspect of corporate law: directors and shareholders who expressly direct a corporation to commit wrongful acts can be held personally liable, even when acting within their official capacity. This landmark decision examines when courts will pierce the corporate veil to reach the individuals behind corporate misconduct, and what evidence is required to overcome the fundamental principle of corporate separateness.

In a recent decision, the Court of Appeal for Ontario confirmed that the civil fraud of a corporate director or officer can lead to personal liability, even without having to pierce the corporate veil...

Welcome to Osler, Hoskin & Harcourt LLP’s fifth annual comprehensive report on venture capital and growth equity financing transactions in Canada’s emerging and high growth companies ecosystem.

The Ontario Superior Court's decision in EazyFoods Inc. v 615241 Ontario Ltd. examines the consequences when franchisors fail to meet Ontario's rigorous pre-contractual disclosure requirements under the Arthur Wishart Act. This case reveals how deficient financial statements, piecemeal disclosure practices, and material omissions can expose franchisors to substantial rescission damages when franchise relationships deteriorate.

Shareholder activism in Canada used to feel manageable. Campaigns were fewer, timelines were slower, and outcomes were often negotiated quietly. That environment has changed.

Artificial intelligence has entered a new phase: models can take actions—deploy code, interact with enterprise systems and operate through automated agents—with real-world consequences.

The Government of Canada has introduced Bill C-30, proposing significant amendments to the Bank Act that would fundamentally alter how foreign bank investments in Canada are regulated. These changes would eliminate a decades-old exemption that has shielded certain foreign bank transactions from Investment Canada Act review, potentially subjecting them to both net benefit and national security scrutiny.