Tag archives: climate change

New guidance on material climate change disclosure for reporting issuers

By nrfdigitalteam on October 8, 2019 Posted in Corporate finance

On August 1, 2019, the Canadian Securities Administrators (CSA) released CSA Staff Notice 51-358 in efforts to clarify the scope of disclosure for reporting issuers, specifically for smaller issuers. Securities law in Canada requires reporting issuers to disclose material risks affecting their business and, where applicable, the financial impacts of such risks. While this notice … Continue reading

There’s snow business like snow business: considerations for your off-season acquisition

By Troy Ungerman (Toronto) on April 25, 2019 Posted in Environment, M&A

Eastern Canada’s ski season has officially come to a close. However, there is more reason than ever to keep an eye on the moguls. While activities on the slopes may have ceased, market activity is often at its peak during the off-season (pun intended). For example, in April 2017, Aspen Skiing Co purchased Intrawest – the company … Continue reading

A pragmatic approach to climate risk

By Troy Ungerman (Toronto) on March 19, 2019 Posted in Environment, Governance and directors' liability

Climate change is a reality we cannot ignore. Media report season after season record-breaking heat, drought, bushfires, etc. The impact on businesses is real, and investors are increasingly pushing for more detailed disclosure on climate change-related issues. According to the Wall Street Journal, companies are expected to face 75 climate-related shareholder proposals this AGM season. … Continue reading

Climate change risk is serious business – are you doing your due diligence?

By Carole Gilbert (Montreal) on August 16, 2018 Posted in Environment, M&A

It’s been a hot summer. Cities around the world have experienced record-breaking temperatures and heat waves are now being recorded all over the world. In Eastern Canada alone, there have been nearly 100 heat warnings. In Oman, the town of Quriyat registered the highest minimum temperature in the world in June this year: 42.6 degrees … Continue reading

#Trubama, climate change and the oil industry: how will it impact M&A in 2016?

By Bruce Sheiner on March 29, 2016 Posted in Corporate finance, Energy

Earlier this month, Prime Minister Justin Trudeau enjoyed an official visit to Washington that attracted significant attention and generated positive headlines for Canada-US relations. At the top of the agenda was the common goal shared between the leaders to combat climate change. Although “#Trubama” (the twitter moniker given to the pair) only have until November … Continue reading