FP Dealmakers: The year central banks fuelled the debt binge
Companies refinanced debt maturing over the next two years to take advantage of a benign interest-rate environment January 31, 2020 Canadian issuer activity in corporate debt capital markets last year featured a subdued first half followed by a second-half recovery that culminated in the second most active year on record. Statistics compiled by Financial Post […]
How a prominent B.C. family business created the biggest e-sports gaming network in North America
What the Aquilinis discovered was that e-sports had evolved from a niche hobby to a significant industry February 3, 2020 Electronic sports, a competitive event involving video games that is often considered the province of millennials, has caught the attention of the Aquilinis, one of British Columbia’s most prominent business families. In e-sports, competitors from […]
Top 10 business decisions of 2019: From bankruptcy to beer
Wednesday, February 05, 2020 To kick off the new year right, here is a listing of the Top 10 business decisions in Canada for 2019. The listing will be in the form of a two-part series, which begins below with numbers 6-10, in ascending order. 10. Volkswagen Group Canada Inc. v. Association québécoise de lutte contre […]
In Uber era, valuing of intangible assets urgently needs consistent standards
Add in irregular accounting practices, and financial treatment of IA becomes bewildering December 5, 2018 Corporate boards lack the tools to assess the value and risks associated with intangible assets (IA), according to the Licensing Executives Society (LES), which has proposed an IA standard that focuses on board oversight. LES is a 50-year-old leading association […]
Supreme Court set to hear Nevsun Resources case on Eritrea human rights abuses
One result may be that customary international law may be made to apply to companies as well as countries December 27, 2018 The future of the Canadian resource industry hangs in the balance as the Supreme Court of Canada prepares to hear a high-profile case accusing Canadian miner Nevsun Resources Ltd. of human rights abuses […]
UK clarifies scope of privilege
Decision of Court of Appeal allays concerns about narrowing scope of professional privilege Nov 27, 2018 A RECENT DECISION of England and Wales’s Court of Appeal has allayed concerns about the narrowing scope of professional privilege afforded to legal advice in the United Kingdom. The decision in Director of the Serious Fraud Office (SFO) v. Eurasian Natural Resources Corporation (ENRC), released […]
Feds toughen, expand list of integrity regime offences
Friday, January 11, 2019 The federal government’s changes to the integrity regime, which came into force on Jan. 1, 2019 to help ensure it does business with ethical suppliers in Canada and abroad, could well be a wake-up call for business. “In the last five years, there’s been a sense of complacency in the online […]
Saskatchewan to adopt super-priority for deemed trusts
January 23, 2019 Saskatchewan will soon be the latest jurisdiction to adopt an enhanced priority for deemed trusts created by its pension benefits legislation. The Pension Benefits Act establishes a deemed trust for amounts contributed by both employers and employees. Bill 151, which amends the province’s Personal Property Security Act, will create a super-priority for […]
From record highs to crisis lows, volatility takes toll on debt markets
On the bright side, Canada is developing a broader and deeper hybrid market Canadian issuer activity in debt capital markets last year turned out to be nothing less than a tale of two halves: a record first half, followed by the slowest second half since the financial crisis. “H1 was busy, the summer was the […]
Issues that keep boards awake at night
25 Feb 2019 With proxy season looming, Canadian public issuers are taking their usual rear-view mirror peek at last year’s developments in corporate governance and disclosure, all with a view to ensuring that boards are properly prepared to meet shareholders’ expectations and demands. And, increasingly, dealing with these issues becomes more daunting. “On the one […]