Advanced Securities 2022 Series: Combo


Course Date: May 3, 2022

Full Course Materials
Total: 6h 12min

Session 1 Tuesday, May 3, 2022

Securities Case Law Update (12:00 – 1:00)

  • key cases
  • analysis and trends
  • effects on practice
  • Fairstone Financial Holdings Inc. v. Duo Bank of Canada, 2020 ONSC 7397
  • Cineplex Inc. v. Cineworld Group PLC and 1232743 B.C. Ltd., 2021 ONSC 8016
  • Rogers v. Rogers Communication Inc., 2021 BCSC 2184
  • C.M. Callow Inc. v. Zollinger, 2020 SCC 45
  • Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage District, 2021 SCC 7
  • Re Bison Acquisition Corp., 2021 ABASC 188

Fred R. PletcherBorden Ladner Gervais LLP, Vancouver
Leo RaffinMcMillan LLP, Vancouver

BREAK (1:00 – 1:15)

Initial Public Offerings (IPOs) (1:15 – 2:15)

  • Initial Public Offering (IPO) structures
  • due diligence considerations
  • securities regulatory and stock exchange matters
  • financial statements and financial measures disclosures issues
  • communications
  • multi-voting shares
  • underwriters

Graeme Martindale Borden Ladner Gervais LLP, Vancouver
Susan Tomaine Blake, Cassels & Graydon LLP, Vancouver

Session 2 Tuesday, May 10, 2022

Shareholder Activism (12:00 – 1:00)

  • traditional activism trends
    • board and transactional
  • the rise of ESG in activism
    • the push for ESG
    • proxy advisors
    • say on climate
  • virtual meetings

David Salmon President, Laurel Hill Advisory Group LLP, Vancouver
Teresa Tomchak Farris LLP, Vancouver

BREAK (1:00 – 1:15)

Environmental, Social, and Corporate Governance (ESG) Issues (1:15 – 2:15)

  • current landscape: what is ESG, ESG frameworks, equator principles, ESG ratings, ESG focused activist, and what's on the horizon
  • regulatory trends in Canada and US
  • practical insights: Wheaton's ESG Journey, opportunities, challenges, and top five recommendations
  • best practices: how to think about ESG disclosure, board oversight, continuous disclosure filings, other public disclosure, engaging with ESG focused investors, and takeaways

Ravipal S. Bains McMillan LLP, Vancouver
Tamara Howarth Vice President, Legal, Wheaton Precious Metals Corp., Vancouver

Session 3 Tuesday, May 17, 2022

Mergers and Acquisitions Activism (12:00 – 1:00)

  • what is M&A activism
  • different types of M&A activism
    • prevent or improve an existing deal
    • break-up the company
    • sell the company
  • incentives for participating in M&A activism
  • trends and results of M&A activism
    • activist hedge funds
    • statistical trends

Steven McKoen, QC Blake, Cassels & Graydon LLP, Vancouver
Evan Straight Blake, Cassels & Graydon LLP, Vancouver

BREAK (1:00 – 1:15)

Regulatory Update (pre-recorded presentation) (1:15 – 2:30)

  • TSX Venture Exchange updates:
    • Capital Pool Companies changes
    • security based compensation changes
    • $0.05 minimum pricing temporary relief
  • BC Securities Commission updates:
    • CSA's Investor Advisory Panel 
    • OBSI 
    • what will follow from merger of two self-regulatory organizations
    • mutual fund issue of deferred service charges
    • 51-519 Promotional Activity Disclosure Requirements

Charlotte Bell Senior Policy Counsel, TMX Group, Vancouver
Gordon R. Johnson
Vice-Chair, BC Securities Commission, Vancouver