New “Major Acquisition” Rule Adopted by CSE

New “Major Acquisition” Rule Adopted by CSE On October 2, 2025, the Canadian Securities Exchange (CSE) confirmed the adoption of certain amendments to its listing policies. A significant change is the redefinition of “Major Acquisition” together with  the introduction of a formal approval process for such transaction that is separate from the process applicable to […]

The Right to Request Audited Financial Statements

The Right to Request Audited Financial Statements Regulatory framework While companies are generally under a statutory obligation to prepare audited financial statements, the  Business Corporations Act (Ontario)  (the “OBCA”) sets up an exception to the audit requirements for non-offering corporations if all of the shareholders, including non-voting shareholders, unanimously consent in writing to the exemption. […]