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...
In the News
Art of the Deal: A Whopper of a Deal – Lexpert
In a Lexpert article offering a behind-the-scenes look at Burger King’s acquisition of Tim Hortons and the creation of Restaurant Brands International, Davies partners Patricia Olasker and George Addy reveal the long hours and innovative work that went into securing the regulatory approval of the US$12.5-billion deal.
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Federal Court of Appeal Confirms CRA Can Collect Arrears Interest Despite Absence of a Tax Debt
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...
