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CBA Business Law Section

CBA Business Law Section articles are published by the Business Law Section. Members interested in posting articles are encouraged to send them to the Section at: CBABusinesslaw@cba.org

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Today

CETA is in effect (mostly): What you need to know

  • January 09, 2018
  • Erin Brown

On Sept. 21, 2017, a landmark trade deal between Canada and the European Union, the Comprehensive Economic and Trade Agreement, came into provisional effect after almost a decade of negotiations. Provisional application of CETA is a milestone achievement which ushers in a number of significant changes to the Canadian legal and regulatory landscape.

Business Law

B.C. simplifies rules for selling securities to non-residents

  • December 18, 2017
  • Michael Urbani

The British Columbia Securities Commission has made it easier for B.C. issuers to access capital outside the province. As of Oct. 31, 2017, three new and/or improved exemptions to the prospectus requirement are available for distributions to purchasers outside B.C.:

Business Law

On our doorsteps: Money laundering in Canadian real estate

  • May 09, 2017
  • Adam Ross

Canada is fast becoming a destination of choice for money launderers worldwide, who are taking advantage of our under-regulated, loophole-riddled property market to wash and hide billions in illicit wealth. Canada is both a desirable place to live and an attractive market in which to invest.

Business Law

Financial crime, terrorist financing, money laundering and China

  • May 04, 2017
  • Christine Duhaime

If there is one area of law that seems to be the least understood among members of the profession, it is financial crime. Financial crime involves, among other things, money laundering, terrorist financing, tax evasion, insider trading, corruption, illegal gambling, drug trafficking and prostitution.

Business Law

A comparative analysis of Bitcoin and other decentralised virtual currencies: Legal Regulation in the People's Republic of China, Canada, and the United States

  • April 13, 2017
  • Matthew P. Ponsford

Bitcoin, also known as a decentralized virtual currency, is regulated differently in the People’s Republic of China, Canada, and the United States, and represents a vastly underdeveloped area of the law. No country has currently backed Bitcoin. Launched in 2009, and founded by Satoshi Nakamoto, Bitcoin is a “decentralized peer-to-peer virtual currency.”

Business Law

B.C. government targets foreign buyers with tax hike

  • April 06, 2017
  • Damon Chisholm, Scott Kuehn, Holly Sherlock and Sally Wong

On July 25, 2016, the British Columbia government announced Bill 28 – Miscellaneous Statutes (Housing Priority Initiatives) Amendment Act, 2016.

Business Law

Class action filed in relation to B.C.’s Foreign Buyer Tax

  • April 03, 2017
  • Alexandra Cocks

A proposed class action was filed a mere six weeks after the British Columbia government introduced amendments to the Property Transfer Tax Act to impose an additional 15 per cent tax on the purchase of residential property by foreigners in the Greater Vancouver Regional District. This legislation, and the role of foreign buyers in Vancouver’s housing market, has received significant news coverage in the local and national media.

Business Law