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Inside Internal Controls

News and discussion on implementing risk management

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Canada

Investment Canada Act pre-merger review threshold increases to $ 1 billion

Canada’s planned increase to the generally applicable threshold for “net benefit” reviews under the Investment Canada Act (ICA) from $800 million to $1 billion became effective June 22, 2017. The new threshold, should have the effect of exempting most investments or dispositions by WTO investors from the “net benefit to Canada” review process under the ICA.

 

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Where does Canada stand on privacy?

Canada, like many countries, must answer a fundamental question: How does it achieve its law enforcement and national security objectives while also protecting and respecting the privacy rights of its citizens? “We hope the current administration and its privacy opponents can reach reasonable compromises that allow both groups to achieve their desired outcomes” Chris Stevens, CIPP/US, CIPP/C, CIPP/E, CIPP/G, CIPM, CIPT, and Steve Holland, CIPM, write. In this exclusive for The Privacy Advisor, they look at the high-stakes issues facing Canada’s quest to balance the two priorities and whether Privacy Commissioner Daniel Therrien is the right man to help it do so.

 

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Is your business ready to risk floatation?

The decision to float your company on the stock market is an important one, possibly the most important one your business will ever have to face, and one that most successful privately-owned companies will need to consider at some stage. Five years after start-up is a common time for companies to start considering floatation, once any teething troubles are ironed out and more capital is required to expand the business.

 

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Harper Government announces code of conduct expansion to mobile payments

As mobile payments continue to take the economic world by storm, so too do the rules and regulations for such payments in Canada. In September, Ted Menzies, Minister of State, announced that the Code of Conduct for the Credit and Debit Card Industry in Canada will be expanded to include mobile payments. He also released a proposed Addendum to the Code for public consultation at this time.

 

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OSC issues notice re disclosure of corporate governance and environmental matters

The Ontario Securities Commission has announced that it will undertake a review of corporate governance practices and environmental disclosure requirements in 2010, as part of a broader corporate sustainability reporting initiative.

What’s the significance of this announcement?

 

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