Dec. 19, 2024 - Despite a strong start to the year, activist activity in Canada in 2024 tapered to pre-pandemic levels. This reversion to more historic annual totals follows a notable resurgence of shareholder demands directed at Canadian public companies in 2023, when shareholder engagement reached its...
Announcement
Fortis Selling Its Stake in Waneta Expansion for $991 Million
Fortis Inc. has signed a deal with Columbia Basin Trust and Columbia Power Corporation to sell its 51% interest in the 335 MW Waneta Expansion Hydroelectric Project in British Columbia for approximately $1 billion.
The transaction closed on April 16, 2019.
The Davies team working on this transaction included Richard Fridman, Jennifer Prieto and Chris Anderson.
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Dec. 04, 2024 - The Federal Court of Appeal (FCA) recently dismissed the Bank of Nova Scotia’s (BNS) appeal and upheld the Canada Revenue Agency’s (CRA) practice of charging arrears interest on a non-existent tax debt where audit adjustments increase taxable income that is offset by the carryback of a loss...
