Tag archives: TSX

Beware the zombie invasion (stock exchange edition)

On September 18, Deloitte released a new report which outlines a roadmap for the competitive business climate in Canada. Included in the report is a warning that “Canada may have a zombie problem.” Luckily, Deloitte isn’t raising concern about hordes of flesh-eating undead, but rather the relatively large number of “zombie companies” that exist on … Continue reading

Proposed changes to TSX rules concerning M&A

The Toronto Stock Exchange (TSX) recently published for comment certain proposed amendments to the TSX Company Manual (the Manual), which regulates issuers listed on the TSX. The comment period closed yesterday, on January 13, 2014. The proposed amendments target two aspects of mergers and acquisitions involving TSX issuers. Firstly, the changes seek to modify the … Continue reading