We can’t take Canada’s capital markets for granted, and neither should our courts.
Writing in their Business Opinion in The Globe and Mail, Jean-Pierre Chamberland, Sarah Gingrich and Steve Saville explain that it’s not often the Supreme Court of Canada considers key commercial issues. So, when it does, it’s always important.
Next up is the meaning of “material change” under securities law, a term that dictates what information companies listed on the stock market must publicly disclose.
As the court weighs the right approach, several policy issues warrant close consideration. The stakes for Canada’s capital markets are potentially high.
The views in the Business Opinion are those of the authors.
