Budget 2021: Canada’s Covid-19 recovery budget

In Federal Budget 2021 (Budget 2021) the Minister of Finance celebrates a projected federal deficit of $354 billion for 2020/2021, being significantly lower than the government’s earlier forecast of the deficit. Only in a COVID-19 world would such an enormous deficit be considered a success.

Related briefings

Protecting Canadian innovation in the Cleantech sector

Emerging technologies to mitigate environmental impact and even remediate harm that has already occurred, known colloquially as “cleantech”, represent a potentially explosive growth opportunity for Canadian innovation. Intellectual property rights, and in particular patent protection, can be an important asset for Canadian cleantech companies that can and should be leveraged as part of their business and growth strategy. Patent rights can be valuable not only in excluding competitors and soliciting investment, but even in terms of marketing. Patents can demonstrate that a company is on the cutting edge of sustainable technology.

Expedited trademark examination now available in Canada

On May 3, 2021, the Canadian Intellectual Property Office (CIPO) announced that it will begin accepting requests for expedited examination of trademark applications along with other new measures to reduce delays in examination.

Pensions schemes and climate change – member engagement

With guest speakers Rona Train and William Chan from Hymans Robertson this free-to-view webinar helps trustees understand their obligations under the PSA 2021 to assess and manage the risks and opportunities associated with climate change, and how ESG could be a real opportunity to increase member engagement.

Latest Briefings

Legal experts comment on the Queen’s Speech

Today the Queen’s Speech set out the government’s agenda for the next session and its plans to build back better from the pandemic and level-up opportunities across the country. The speech contained reference to more than 30 Bills. Some of the most prominent are commented on here.

What does the post-transition grace period mean for employers?

The Home Office recently updated its guidance in respect of what UK employers should be doing to check whether EEA nationals and their family members have the right to work during the post-transition grace period. Below is a summary of the main updates and how this will impact employers for the next two months.

AI – Commission publishes new legal framework

I wrote last autumn about the European Parliament’s approval of proposals for the regulation of artificial intelligence (AI), and the European Commission has now decisively picked up the legislative baton, publishing its comprehensive framework for an AI Regulation.

Replacing the vertical agreements block exemption: approaching a year to go

On 31 May 2021, the Vertical Agreements Block Exemption Regulation (VBER), which exempts certain agreements from the EU and UK prohibitions on anti-competitive agreements, enters its final year of service before its scheduled expiry at the end of May 2022. Both the UK’s Competition and Markets Authority (CMA) and the European Commission (EC) have begun consultations on whether to replace the current instrument and its accompanying guidelines and, if so, how the replacements can tackle some of their predecessors’ shortcomings.

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ladder

Eversheds and Addleshaws unveil slimmed-down partner promos

Eversheds Sutherland and Addleshaw Goddard have announced reduced promotions rounds, with 22 and nine freshly-minted partners respectively. Eversheds has cut back on its partner promotions after two enlarged rounds, with 22 lawyers making the grade. Last year after the firm announced its biggest ever promotions round, promoting 38 partners. In 2019, 27 were made up. […]

redundancies as result of covid

Redundancies at Mundays after Knights’ acquisition

Mundays is parting ways with members of its business services function following its purchase by listed firm Knights, The Lawyer has learned. It is understood that more than 20 people spanning operational ranks in HR, IT, marketing, secretarial and support will be let go. Sources told The Lawyer that the decision was communicated internally within […]

Forsters weighs up Mayfair future in property review

Forsters has entered discussions around its London property strategy, appointing CBRE as agents. The 177-lawyer firm, which is based in Mayfair,  is understood to be scoping 50,000sq ft of space further north of the city, around Marylebone, north Oxford Street, Fitzrovia and Soho. Forsters, which derives nearly half of its revenue from its 21-partner real […]

starling bank

Starling Bank faces discrimination claim from former employee

A former employee of Starling Bank has brought claims of whistleblowing and discrimination against the group, with its general counsel also named as a respondent in the case. Gulnaz Raja, who was deputy secretary to Starling’s board from 2019 to 2020, is taking on the business in the Employment Tribunal a year after leaving. Court […]

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