Ontario Court of Justice

Three New Veteran Team Members Bolster Aurora Strategy Global Public Relations and Government Relations Team

Retrieved on: 
Thursday, October 12, 2023

TORONTO, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Aurora Strategy Global is pleased to announce today the addition of three new veteran team members to the firm: Charles Cooke, Jordan Kerbel, and Chris Watson.

Key Points: 
  • TORONTO, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Aurora Strategy Global is pleased to announce today the addition of three new veteran team members to the firm: Charles Cooke, Jordan Kerbel, and Chris Watson.
  • Aurora President and Chief Advocate Marcel Wieder said, “Today we have made significant additions to the Aurora team that will strengthen our team and position us to take on new areas of influence.
  • He holds a Master’s from Osgoode Hall at York University and a post-graduate certificate in Government Relations from Seneca College.
  • With the addition of Dave Ryan, Jack Heath, Alan Shefman, and Vince Nigro, Aurora is one of the fastest growing public affairs, government relations, and public relations firms in the country.

Nationalwide Star Canada Corp. and one individual ordered to pay a total of $250,000 in fines for illegally importing endangered European Eel meat

Retrieved on: 
Wednesday, October 4, 2023

The $250,000 in total fines will be directed to the Government of Canada's Environmental Damages Fund.

Key Points: 
  • The $250,000 in total fines will be directed to the Government of Canada's Environmental Damages Fund.
  • In addition to the fines, approximately 90,000 kg of eel meat was forfeited, having an estimated retail value of more than $4.3 million.
  • Between November 2016 and January 2018, shipping containers declared as American Eel fillets were imported into Canada.
  • However, Environment and Climate Change Canada enforcement officers discovered, through sampling and DNA analysis, European Eel meat mixed with the legally imported American Eel meat in all five containers.

MediPharm Labs Settles an Outstanding Claim for $9M

Retrieved on: 
Monday, October 2, 2023

TORONTO, Oct. 2, 2023 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company") a company specialized in precision-based cannabinoids, is pleased to announce it has entered into a settlement agreement on September 29, 2023 (the "Settlement Agreement") to resolve a claim in connection with a commercial agreement dispute, for a total consideration value of $9,000,000.

Key Points: 
  • TORONTO, Oct. 2, 2023 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company") a company specialized in precision-based cannabinoids, is pleased to announce it has entered into a settlement agreement on September 29, 2023 (the "Settlement Agreement") to resolve a claim in connection with a commercial agreement dispute, for a total consideration value of $9,000,000.
  • On January 24, 2020, MediPharm Labs filed a statement of claim (the "Claim") in the Ontario Superior Court of Justice against one of its long-term customers, HEXO Corp., regarding a long-term supply agreement for cannabis concentrates.
  • MediPharm was awarded a favourable summary judgment in the Ontario Court of Justice in July of 2022.
  • In connection with the Settlement Agreement, Hexo Corp. will abandon its appeal as against MediPharm.

An Ontario taxidermist fined $60,000 after violating federal wildlife law for unlawful polar bear exports

Retrieved on: 
Tuesday, September 12, 2023

D'Souza was fined a total of $60,000, which will be directed to the Government of Canada's Environmental Damages Fund.

Key Points: 
  • D'Souza was fined a total of $60,000, which will be directed to the Government of Canada's Environmental Damages Fund.
  • In addition, the Court ordered D'Souza to forfeit one full polar bear mount and two hides or rugs.
  • Environment and Climate Change Canada wildlife enforcement officers carried out the investigation, which was based in part on the three-pronged approach for polar bear conservation and management.
  • The collaboration with law enforcement agencies in Nunavut, Manitoba, Ontario, Quebec, and in the United States was key in the investigation.

Polydex Pharmaceuticals Limited Shareholders Vote to Approve BioSpectra Inc. Business Combination

Retrieved on: 
Tuesday, July 18, 2023

The price per common share is US$2.017.

Key Points: 
  • The price per common share is US$2.017.
  • A quorum being present, the votes were counted and the plan was approved with 99.95% of the votes present in person or by proxy approving the plan as presented.
  • The Company focuses on the manufacture and sale of Dextran and derivative products, including Iron Dextran and Dextran Sulphate and other specialty chemicals.
  • The Company conducts its business operations through its two wholly-owned subsidiaries/divisions.

Court decision in youth climate lawsuit against Ontario government ignites hope

Retrieved on: 
Tuesday, June 20, 2023

Courts are being asked to determine whether governments are doing enough to safeguard the health and lives of Canadians experiencing the impacts of the climate crisis.

Key Points: 
  • Courts are being asked to determine whether governments are doing enough to safeguard the health and lives of Canadians experiencing the impacts of the climate crisis.
  • A group of seven youth sued Ontario Premier Doug Ford’s government in November 2019 for replacing the province’s previous greenhouse gas (GHG) emissions reduction target with a significantly weaker and unscientific one.
  • Last week, youth litigants in Montana were testifying in the first climate lawsuit in the United States to reach trial.

Ontario’s severely deficient climate target

    • Justice Marie-Andrée Vermette held that Ontario’s target increases the risk of death and of the physical and mental harms faced by all Ontarians.
    • To remedy this large gap, she stated, Ontario would have to increase its current target by a whopping 73 per cent.
    • Every single GHG emission — including those from Ontario — contributes to climate change and the risks it poses to society.

How does law apply to climate change?

    • Despite these significant findings, the court held Ontario’s weak climate target did not violate the right to life, security of the person or equality under Sections 7 and 15 of the Charter.
    • However, she declined to fully decide the issue, citing the lack of a defined legal test for adjudicating “positive rights” arguments.
    • She stated that the existing law needs to be adapted in novel cases such as this.

Youth and climate change

    • If permitted to intervene, Friends of the Earth will also provide input about how the Charter’s equality guarantee applies in the context of climate change.
    • But she held that climate change — not Ontario’s target — is causing the harm.
    • It also implies that no domestic climate target could ever be discriminatory, since there will always be multiple emitters.

A ray of hope

    • She was co-counsel representing Friends of the Earth Canada as an intervener in Mathur v Ontario.
    • She was co-counsel representing Friends of the Earth Canada as an intervener in Mathur v Ontario.

Polydex Pharmaceuticals Issues First Quarter Financial Results

Retrieved on: 
Thursday, June 15, 2023

(Press release available https://www.polydex.com/news )

Key Points: 
  • (Press release available https://www.polydex.com/news )
    On May 24, 2023, an Interim Hearing was held in the Ontario Court of Justice and the Interim Order was approved.
  • A Special Shareholders Meeting is scheduled to be held on July 14, 2023 to vote on the acquisition.
  • The company continues full disclosure of its financial and operational results, which can be accessed by visiting the company website at www.Polydex.com .
  • Other risk factors discussed in the Company’s financial reports may also affect the actual results achieved by the Company.

Oasis Names Thomas Atkinson to Advisory Council

Retrieved on: 
Monday, June 12, 2023

Oasis Management Company Ltd. (“Oasis”) is pleased to announce that Thomas Atkinson has joined its Advisory Council.

Key Points: 
  • Oasis Management Company Ltd. (“Oasis”) is pleased to announce that Thomas Atkinson has joined its Advisory Council.
  • From 1996 to 2001 he held progressively senior positions with the Toronto Stock Exchange, including Vice President of Regulation Services.
  • Mr. Atkinson is a frequent speaker and lecturer on topics related to securities regulation, compliance, ethics, management, leadership, and other related topics.
  • “Tom is an experienced leader in global capital markets and international securities market regulation,” said Seth Fischer, Founder and Chief Investment Officer at Oasis.

Enforcement Notification - Tax evasion - Ottawa landlord fined for tax evasion

Retrieved on: 
Wednesday, May 31, 2023

Ho was found guilty on March 31, 2023, of tax evasion under the Income Tax Act.

Key Points: 
  • Ho was found guilty on March 31, 2023, of tax evasion under the Income Tax Act.
  • By employing this scheme, Ho underreported income on his and Nguyen's individual tax returns from 2008 to 2012 in an amount totaling $95,747, thereby evading $27,759 in federal income tax.
  • The CRA continues to aggressively pursue tax evasion, and false claims with all the tools available to it.
  • The CRA has set up a free subscription service to help Canadians stay current on the CRA's enforcement efforts.

Polydex Pharmaceuticals Limited and BioSpectra Inc. Announce Business Combination

Retrieved on: 
Thursday, April 27, 2023

Under the Arrangement Agreement the transaction will be effected pursuant to a statutory plan of arrangement (the “Arrangement”) under section 182 of the Ontario Business Corporations Act (the “OBCA”).

Key Points: 
  • Under the Arrangement Agreement the transaction will be effected pursuant to a statutory plan of arrangement (the “Arrangement”) under section 182 of the Ontario Business Corporations Act (the “OBCA”).
  • The Arrangement will result in each issued and outstanding share of Polydex being deemed transferred to BioSpectra by each Polydex shareholder, without any further act or formality on the part of the Polydex shareholder, and each Polydex shareholder shall receive the Consideration in exchange for their shares.
  • The Board of Directors of the Company has received a fairness opinion from Evans & Evans, Inc., an independent consultant that provides business valuations.
  • George Usher, the President and CEO of Polydex commented that “We are extremely pleased with the transaction we have struck with BioSpectra.