Canadian Securities Law

On June 18, 2020, the Canadian Securities Administrators (CSA) announced the adoption of amendments to marketplace rules to streamline reporting obligations and introduce specific requirements regarding cyber resilience. Specifically, in order to reduce... Read more

The Ontario Securities Commission recently announced that amendments to National Instrument 24-102 Clearing Agency Requirements have now been approved by Ontario’s Minister of Finance. The amendments, which were first published for comment by the... Read more

The Ontario Securities Commission recently announced that it has entered into a cooperation agreement with the Financial Supervisory Commission of Taiwan (FSC) in regards to supporting innovative FinTech businesses. Various other Canadian regulators have... Read more

Stikeman Elliott has acted on behalf of WSP Global Inc. (WSP) in connection with a novel $502 million bought deal offering that closed on June 17, 2020 where WSP concurrently filed a new preliminary base shelf prospectus (Preliminary Shelf) and preliminary... Read more

Canadian securities regulators have extended the deadline to file certain financial information due between June 2 and September 30, 2020 for 60 days (the Temporary Relief). The Temporary Relief is substantially the same, and subject to similar conditions,... Read more

Significant liberalization of the “at-the-market” (ATM) regime was announced by the Canadian Securities Administrators (CSA) on June 4, 2020 and will become effective on August 31, 2020 by way of amendments (Amendments) to National Instrument... Read more

The Ontario Securities Commission (OSC) is continuing to temporarily waive late fees for market participants during the COVID-19 pandemic pursuant to two new OSC Instruments which will apply to fees that accumulate between June 2, 2020 and September 30,... Read more

The Canadian Securities Administrators (CSA) have extended certain filing, delivery and prospectus renewal obligations of investment funds that fall between June 2 and September 30, 2020 for 60 days, subject to certain conditions (the Temporary Relief).... Read more

The Canadian Securities Administrators (CSA) have published an additional 45-day filing extension for certain continuous disclosure filing, delivery and base shelf prospectus renewal deadlines for non-investment fund issuers that fall between June 2, 2020... Read more