The Potential Impact of Blockchain Technology on Securitization
Many believe that blockchain technology is synonymous with cryptocurrencies, such as bitcoin and ethereum. Yet, cryptocurrency is just one of a multitude of applications of blockchain technology and there are numerous industries, such as financial services and transportation, which will...
A Divided Court Dismisses CRA Appeal and upholds CCAA Super-Priority Charges
Yesterday, the Alberta insolvency community breathed a collective sigh of relief as the Alberta Court of Appeal issued its long-awaited decision in Canada v. Canada North Group Inc.[1] The majority decision confirms the power of the Court to grant charges...
Putting the “E” in ECP: Saskatchewan’s PPSA Introduces Electronic Chattel Paper
Written with assistance from Jennifer Babe. Late in 2018, the Saskatchewan Legislature introduced Bill 151, which amends The Personal Property Security Act, 1993 (Saskatchewan) (the PPSA). To inform you about the upcoming changes and how they may impact you, our Saskatchewan Financial Services team...
Saskatchewan’s PPSA Amendments: Changes to the Rules for Serial Number Goods
Late in 2018, the Saskatchewan Legislature introduced Bill 151, which amends The Personal Property Security Act, 1993 (Saskatchewan) (the PPSA). To inform you about the upcoming changes and how they may impact you, our Saskatchewan Financial Services team have been tracking the progress...
Saskatchewan PPSA Amendments: New Rules for Determining Priorities after Enforcement has Commenced
Late in 2018, the Saskatchewan Legislature introduced Bill 151, which amends The Personal Property Security Act, 1993 (Saskatchewan) (the SPPSA). To inform you about the upcoming changes and how they may impact you, our Saskatchewan Financial Services team have been tracking the progress...
Amendments to the Saskatchewan PPSA Bill 151 Have Been Passed Into Law
Late in 2018, the Saskatchewan Legislature introduced Bill 151, which amends The Personal Property Security Act, 1993 (Saskatchewan) (the PPSA). To inform you about the upcoming changes and how they may impact you, our Saskatchewan Financial Services team has been tracking the progress...
Amendments to the Saskatchewan PPSA, Bill 151 is Progressing
As we summarized in a recent Financial Services & Insolvency Communiqué, Saskatchewan has introduced Bill 151 (the Bill) which amends The Personal Property Security Act, 1993 (Saskatchewan). Since December 2018, members of our Saskatchewan Financial Services team have been bringing you a number of posts...
Amendments to PMSI Rules in Saskatchewan
As we summarized in a recent Financial Services & Insolvency Communiqué, Saskatchewan has introduced Bill 151 (the Bill) which amends The Personal Property Security Act, 1993 (Saskatchewan) (the PPSA or the Act). Over the coming weeks our Saskatchewan Financial Services team will bring you a...
A Second Chance at Perfection: Saskatchewan’s PPSA Amendments and Re-Registration
As we summarized in a recent Financial Services & Insolvency Communiqué, Saskatchewan has introduced Bill 151 (the Bill) which amends The Personal Property Security Act, 1993 (Saskatchewan) (the PPSA or the Act). Over the coming weeks our Saskatchewan Financial Services team will bring you a...
One Incident, Potentially Multiple Breach Reporting Requirements – OSFI Introduces Cyber Breach Notification Guidelines for Financial Institutions
On January 20, 2019, the Office of the Superintendent of Financial Institutions of Canada (OSFI) issued an Advisory (also read: OSFI’s Guidance on cyber incident management framework) regarding the responsibilities of federally regulated financial institutions (FRFI), including banks, federal credit...
