Regulatory IssuesSecurities

OSC temporarily waives all late fees for market participants

TORONTO, ON–The Ontario Securities Commission (OSC) is providing temporary relief to market participants by waiving all late fees that accumulate between April 17, 2020 and June 1, 2020. This is estimated to result in over $300,000 of relief to issuers, registrants and insiders during the relief period. “The current pandemic …

READ MORE →
Investment SolutionsRegulatory Issues

Canadian securities regulators move forward with embedded commissions bans

VANCOUVER, BC–Canadian securities regulators announced today that they will ban two types of commissions that are embedded in some mutual fund purchases. Canadian Securities Administrators (CSA) Staff Notice 81-332, Next Steps on Proposals to Prohibit Certain Investment Fund Embedded Commissions explains that the participating provinces and territories expect to publish …

READ MORE →
Regulatory Issues

Canadian securities regulators announce review of framework for self-regulatory organizations

TORONTO and VANCOUVER, BC–The Canadian Securities Administrators (CSA) will undertake a review of the regulatory framework for the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA). “The regulatory framework for these self-regulatory organizations has been in place for several years, and the …

READ MORE →
Regulatory Issues

Canadian securities regulators outline corporate governance disclosure expectations for cannabis issuers

TORONTO, ON—Securities regulatory authorities in Ontario, British Columbia, Quebec, New Brunswick, Saskatchewan, Manitoba and Nova Scotia (the participating jurisdictions) today published guidance to help cannabis issuers strengthen their governance disclosures, including disclosure of financial interests in significant corporate transactions. The cannabis industry has experienced significant growth, along with merger and …

READ MORE →
Canadian Equipment Finance Fall 2019 IssueIndustry NewsRegulatory Issues

The Future with CUSMA

By Brendan Read The Canada-United States-Mexico Agreement (CUSMA), also known as the USMCA will, when, (but increasingly looking like ‘if’) ratified, provide a renewed foundation for trade between all three countries. CUSMA is to replace the North American Free Trade Agreement (NAFTA). CUSMA was signed by Prime Minister Justin Trudeau, …

READ MORE →
Industry NewsRegulatory Issues

OPSEU First Vice-President/Treasurer: Capping wages is a waste of time, effort, and money

TORONTO–OPSEU’S First Vice-President-Treasurer is going to Queen’s Park on Monday to put the Ford government on notice its legislation to trample the collective bargaining rights of public sector workers could be yet another expensive boondoggle. “Climate change. Hallway health care. The gender pay gap. The high cost of housing and …

READ MORE →