OBA Business Law PROGRAM | 12:00 PM to 1:15 PM (ET)

The Canadian Dollar Offered Rate (CDOR) and loans that use bankers’ acceptances will be discontinued at the end of June, 2024.  Join our panel of experts as they share helpful insights, including:

• Why are Canadian benchmark interest rates changing now?
• The timeline for this transition.
• What are Daily CORRA and Term CORRA, the rates that will replace CDOR, and how do they differ from CDOR and each other?
• Fallback language in loan agreements and other financial contracts such as ISDA Agreements.
• Recommended provisions in agreements using the new rates.
• Licensing considerations.

Don’t miss this valuable program to ensure you are ready for the upcoming changes.

PROGRAM CHAIR

Hank White, Thomson Reuters (Practical Law Canada)

PROGRAM SPEAKERS

Lisa Mantello, Osler, Hoskin & Harcourt LLP
Simon Williams, Torys LLP