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Published on: 20 Mar 2019 By

Ontario GHG Performance Standards for Industrial Emitters

The public consultation period for the Ontario government’s proposed greenhouse gas (“GHG”) emission performance standards (“EPS”) ends on March 29, 2019.  The EPS proposal is the government’s replacement for the cap and trade regime under the Climate Change Mitigation and Low-carbon Economy…

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Published on: 11 Mar 2019 By

Ontario Securities Commission Provides Millions in Compensation to Whistleblowers

On February 27, the OSC announced awards of $7.5 million to three whistleblowers in connection with three separate matters. The awards are the first of their kind by a Canadian securities regulator. In a news release, the OSC said the awards were the result of the whistleblowers’ “timely, sp…

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Published on: 11 Mar 2019 By

Fisheries Act Violation Results In $350,000 Fine

On February 20, 2019 Fraser River Pile and Dredge GP Inc. (“Fraser”) was ordered to pay a penalty in the amount of $350,000.00 after pleading guilty to depositing a deleterious substance into water frequented by fish, contrary to the Fisheries Act.  Section 36(3) of the Fisheries Act states …

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Published on: 8 Mar 2019 By

New Corporations and Real Estate Deposits

From time to time a purchaser will want to purchase real estate before the corporation that will own the real estate is incorporated. The agreement of purchase and sale might be entered into by an individual “in trust for a corporation to be incorporated without any personal liability”. Does…

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Published on: 8 Mar 2019 By

Ontario Government’s Environmental Policies Continue to Take Shape

On March 6, 2019, the Ontario Ministry of the Environment, Conservation and Parks released a discussion paper titled, Reducing Litter and Waste in Our Communities (the “Discussion Paper”). As the Introduction indicates, the Discussion Paper is intended to outline in further detail the steps …

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Published on: 5 Mar 2019 By

Ontario Government Publishes Response Statements for Six Species At Risk Under the Endangered Species Act, 2007

On February 28, 2019, the Ontario Ministry of the Environment, Conservation and Parks issued multiple species-specific policies (“Response Statements”) in accordance with the Endangered Species Act, 2007 (ESA). Under the ESA, the Government of Ontario is obligated to produce and adhere to a …

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Published on: 25 Feb 2019 By

Annual Report on Lake Simcoe Protection Plan Released

On February 15, 2019, the Minister of the Environment, Conservation, and Parks released the 2017 Annual Report on Lake Simcoe. The report describes the measures taken in 2017 to implement the Lake Simcoe Protection Plan (the “Plan”). The Lake Simcoe Protection Plan is promulgated pursuant to…

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Published on: 20 Feb 2019 By

Environmental Approvals – Failure to Register EASR

On January 11, 2019 Ace Auto Parts Inc. pled guilty for failing to register an End-of-Life Vehicle site on the Environmental Activity and Sector Registry (“EASR”) resulting in a fine of $3,000 plus the 25% Victim Fine Surcharge. Ace Auto Parts Inc. was given a period of six months to pay the…

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Published on: 19 Feb 2019 By

Putting Short Sellers on a (Regulatory) Leash

Traditional investors buy low and sell high, holding the position in the meantime with the hope that the share price will increase.  Short-selling inverts this strategy and involves borrowing a stock that is believed to be overvalued, selling at the high point, and then returning the shares …

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Published on: 15 Feb 2019 By ,

Affordable Housing and the Planning Act Authority for Parkland Dedication and Cash-in-Lieu

“You can neither lie to a neighbourhood park, nor reason with it. ‘Artists conceptions’ and persuasive renderings can put pictures of life into proposed neighbourhood parks or parks malls, and verbal rationalizations can conjure up users who ought to appreciate them, but in real life only di…

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