The rise and fall of Quadriga, a Canadian crypto exchange Ponzi scheme
We may only be a few years away from a Netflix special on the Quadriga collapse.Β There would be plenty to fill a script in last month’s release of an investigative report from the Ontario Securities Commission, which found that Quadriga was a fraud and Ponzi scheme (the βOSC Reportβ). The OSC Report is the culmination...
Continue reading the post titled The rise and fall of Quadriga, a Canadian crypto exchange Ponzi schemeProvincial budget: environmental fees going up more
Here are some excerpts from last week’s Ontario provincial budget, promising further increases in fees relating to the environment. Contaminated sites fees, water taking charges, fees for environmental compliance approvals and for hazardous waste will all go up by almost $10 million. The fees are discussed at the end of the chapter,Β 2012 Ontario Budget: Chapter...
Continue reading the post titled Provincial budget: environmental fees going up moreFranchise disclosure during the COVID-19 pandemic
The COVID-19 pandemic is affecting almost every business in one way or another. This is equally true for franchise systems and the franchised businesses in those systems. A limited number of fortunate franchise systems and business are experiencing a positive impact, as the pandemic increases the demand for their goods and service. However, most systems...
Continue reading the post titled Franchise disclosure during the COVID-19 pandemicEssential visitors, essential caregivers, and COVID-19
During the COVID-19 pandemic, strict guidelines have been put in place regarding visitors at long-term care homes. On June 10, 2020, the Chief Medical Officer of Health (βCMOHβ) provided an update to βDirective #3β to include precautions and procedures for homes to follow in relation to managing visitors. There are three categories of visitors outlined...
Continue reading the post titled Essential visitors, essential caregivers, and COVID-19Keep your βSecret Sauceβ secret: protecting confidential information in commercial relationships and transactions
When businesses negotiate potential transactions or contracts, or discuss opportunities to collaborate on a project or venture, it is likely that one or more of the parties will be sharing information that is non-public and confidential in nature.1 Maybe your business doesnβt have a βsecret sauceβ, but you may wish to protect the confidentiality of...
Continue reading the post titled Keep your βSecret Sauceβ secret: protecting confidential information in commercial relationships and transactions
Bard PowerPort Catheters: Device failures linked to health risks
Implantable catheter products, sometimes called βports,β are medical devices used to provide long-term access to major veins in the body. The device is implanted in the body and sits just under the skin, allowing repeat access for the delivery of medications, fluids, nutrition, or blood. These devices are commonly used during treatment for cancer patients...
Continue reading the post titled Bard PowerPort Catheters: Device failures linked to health risksApprovals reform Bill introduced
Two environmental Bills were introduced into the Ontario Legislature this week: approvals reform, and a major push to develop and export clean water technology. For most Ontario businesses, the approvals reform package will be, by far, the most important. The Bill will amend the Environmental Protection Act and related statutes to create a two track...
Continue reading the post titled Approvals reform Bill introducedMore MOE cuts from Ontario Budget
The Ministry of the Environment will make some more changes, as announced in the Addendum to last week’s provincial budget. Drive Clean will be spun out to a fee-basedΒ Delegated Administrative Authority. The bridge financing for household hazardous waste disposal that hastily plugged the Ecofee hole will be cut, and theΒ Water Opportunities and Water Conservation Act...
Continue reading the post titled More MOE cuts from Ontario BudgetFood labelling coming to a (franchised) restaurant near you
Here is a recent legislative development of interest that will impact the franchise community, at least in Ontario: theΒ Making Healthier Choices Act, 2015, which received Royal assent on May 28, 2015. Note that the act comes into force onΒ Jan. 1, 2017. The act requires that βowners and operatorsβ of βregulated food service premisesβ display the...
Continue reading the post titled Food labelling coming to a (franchised) restaurant near youBlock 2- The Industrial Water Rate
For major employers in Toronto, the most important incentive to comply with the sewer bylaw is not the risk of prosecution, it’s the risk of losing their preferential Block 2 Industrial Rate for water and sewage service. Β Block 2 can save large companies tens of thousands of dollars or more every year, a significant incentive...
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