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The Retail Payment Activities Act: Retail Payments Regulations

On April 30, 2021, the federal government introduced An Act Respecting Retail Payment Activities also called the Retail Payment Activities Act (RPAA) as part of the Budget Implementation Bill (Bill C-30). The RPAA outlines the government’s commitment to regulate new and increasingly developing retail payment activities driven by innovative methods and technologies. The RPAA will be
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Crowdfunding Businesses: Canada MSB License Required

On April 05, 2022, the Government of Canada announced a number of changes that impact the financial services industry.  One of these changes occurred through the amendment to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).  The changes mostly pertained to broadening PCMLTFA’s regulatory capture to include crowdfunding businesses that operate in
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LOTA Filing Deadline Date Extended to November 30, 2022

To combat the issue of money laundering in British Columbia and end hidden ownership of land, the government enacted the Land Owner Transparency Act ("LOTA") in May of 2019 to establish the Land Owner Transparency Registry ("LOTR") for the beneficial ownership of land in British Columbia.  We want to inform you of significant new disclosure
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Covid-19 Court Updates

Covid-19 Court Updates

This post was last updated on July 28, 2020. The COVID-19 Pandemic forced the closure of courts across all levels in Canada. This blog will focus on the various updates provided by the courts throughout the pandemic, and attempt to map out the various courts’ progression towards resuming normal operations. Table of Contents BC Courts
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Is Your Brand Prepared For Canada’s New Trademark Laws?

Starting June 17, 2019, the Canada Trade-marks Act will get a significant makeover that will impact the intellectual property assets of every startup, entrepreneur, and small business in BC. These amendments aim to streamline the Canadian trademark process and improve system infrastructure, to better align with international trademark law and standards. Whether your business currently
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