Canadian Securities Law

The Canadian Securities Administrators (CSA) have proposed amendments to National Instrument 44-102 – Shelf Distributions (NI 44-102) that would facilitate capital raising by public companies by easing regulation of “at-the-market” offerings... Read more

Members of our Securities Litigation team recently authored the Canadian chapter of Getting the Deal Through – Securities Litigation 2019, published by Law Business Research Ltd. This publication provides an excellent overview of this important area... Read more

The Ontario Securities Commission (OSC) recently entered into an Administrative Arrangement to allow it to continue to receive personal data from European regulatory authorities for supervisory and enforcement purposes. Under European Union (EU) regulations,... Read more

New disciplinary programs would seek to resolve cases efficiently without more formal disciplinary proceedings On April 25, 2019, the Investment Industry Regulatory Organization of Canada (IIROC) proposed the adoption of a Minor Contravention Program (MCP)... Read more

The Canadian Securities Administrators recently announced that they are developing a national instrument intended to replace the existing local orders in various provinces that currently provide registration and prospectus exemption related to start-up... Read more

Statement of Priorities for FY2019-2020 renews focus on reducing regulatory burden for issuers to ensure Ontario is “open for business” The Ontario Securities Commission (OSC) recently released a draft Statement of Priorities for its upcoming... Read more

Canada’s principal stock exchange, the TSX, recently unveiled the “TSX Sandbox”, an initiative that will provide an alternative path to a stock exchange listing or listing of other securities by existing listed issuers for certain qualifying... Read more

As intrepid readers of our blogs will recall, we previously discussed the tale of ExxonMobil Canada’s (“ExxonMobil”) acquisition of InterOil Corporation here and here. To refresh: ExxonMobil had sought to acquire by plan of arrangement... Read more

The CSA and IIROC are seeking to take a thoughtful approach to regulating crypto asset platforms, one that balances regulatory imperatives while fostering innovation and flexibility in the nascent crypto asset industry. Background On March 14, 2019, the... Read more