Lundin Mining v. Markowich: How the Supreme Court Is Shaping Disclosure Practices

In Lundin Mining Corp. v. Markowich, 2025 SCC 39, the Supreme Court of Canada clarified how issuers must identify and meet their disclosure obligations regarding “material changes” under Canadian securities laws. The Court emphasized that issuers must follow a disciplined two-step analysis in which the steps remain analytically distinct. First, an issuer must determine whether …

Spousal Privilege: ‘Til Litigation Do Us Part

For spouses who find themselves named as co-defendants, a recent decision of the Ontario Superior Court of Justice is a warning about the limits of spousal privilege.  A convenient plot device in law dramas such as Law and Order, spousal privilege protects spouses from disclosing communications between them.  However, in Ontario, that privilege is limited …