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CSA Announces Pause on Climate-Related and Diversity-Related Disclosure Projects in Response to Global Market Uncertainty

The Canadian Securities Administrators (CSA) has announced a pause to its work on developing new mandatory climate-related disclosures and amending diversity-related disclosure requirements, in light of recent significant...more

Federal Election 2025 Contribution and Advertising Rules

With the next federal election scheduled called for April 28, 2025, anyone considering making a financial contribution to a political party or candidate should be aware of the rules governing contributions and political...more

CSA Seeks Comments on Proposed Access Model: Modernized Approach for Delivery of Continuous Disclosure

As an update to our previous blog posts, Greater Flexibility for Reporting Issuers: Access Equals Delivery and CSA Seeks Comments on “Access Equals Delivery” Model for Prospectuses, Financial Statements and MD&A, the Canadian...more

Canadian Securities Administrators Publish Tenth Report Regarding Women on Boards and in Executive Officer Positions

The Canadian Securities Administrators (CSA) recently published its 10th annual Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Year 10 Report) (the Review). The Review outlines the CSA's...more

Government of Alberta Proposes Substantial Changes to Municipal Elections and Governance

On April 25, 2024, the Government of Alberta tabled Bill 20, the Municipal Affairs Statutes Amendment Act. The bill proposes changes to two pieces of legislation concerning municipal elections and governance: the Municipal...more

Seeking Transparency: New Compliance Requirements for Lobbyists

Canada's new Lobbyists' Code of Conduct (the Code) came into effect on July 1, 2023. The Code operates alongside the other ethical regimes for federal officials, and seeks to "foster transparent and ethical lobbying of...more

CSA Proposes to Expand Diversity Disclosure

The Canadian Securities Administrators (CSA) are currently seeking public comment on proposed amendments and changes to the disclosure requirements for reporting issuers not listed on the TSX Venture Exchange or the Canadian...more

The Final Countdown Is On for SEDAR+ Onboarding

Key Takeaways for All Market Participants In Canada - - All SEDAR users are required to complete their pre-launch onboarding submissions by April 14, 2023. - SEDAR+ goes live on June 13, 2023. - Filers that miss...more

Navigating Political Contributions: Alberta's Election Finances and Contributions Disclosure Act

With the next provincial election in Alberta scheduled for May 29, 2023, anyone considering making a financial contribution to a political party or candidate should be aware of the rules governing contributions as outlined in...more

Canadian Securities Administrators Publish Eighth Report Regarding Women on Boards and in Executive Officer Positions

The Canadian Securities Administrators (CSA) recently published its eighth annual Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Year 8 Report) (the Review). The Review outlines the CSA's...more

New Prospectus Exemption for Listed Issuers to Come Into Effect November 21, 2022

The Canadian Securities Administrators (CSA) recently announced an amendment to National Instrument 45-106 Prospectus Exemptions (NI 45-106) that introduces a new prospectus exemption (the Listed Issuer Financing Exemption)...more

Additional Canada Business Corporation Act Regulations to Come Into Force August 31, 2022

In 2021, the Government of Canada proposed regulations that would change the director election process for certain corporations established under the Canada Business Corporations Act (CBCA). For more information with respect...more

CSA Publishes New Guidance on Disclosure of Women on Boards and in Executive Officer Positions

The Canadian Securities Administrators (CSA) has published the seventh annual Review of Disclosure Regarding Women on Boards and in Executive Officer Positions. The participating jurisdictions from the previous...more

Proposed New Climate-Related Disclosure Requirements

On October 17, 2021, the Canadian Securities Administrators (CSA) published proposed National Instrument 51-107: Disclosure of Climate-related Matters (NI 51-107) for comment. The proposed rules would expand on the CSA's...more

New Proposed CSA Measures Set to Simplify Filings for Issuers, Enhance Usability for Investors

On May 20, 2021, the Canadian Securities Administrators (CSA) issued a notice requesting comments on proposed amendments to National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102) and other changes relating...more

Canadian Securities Regulators Publish Sixth Report Regarding Women on Boards and in Executive Officer

In March 2021, the Canadian Securities Administrators (CSA) published the sixth Staff Review of Disclosure Regarding Women on Boards and in Executive Officer Positions. Recently, participating securities regulatory...more

Canadian Government Proposes New CBCA Standard for Electing Directors (Updated)

The federal government has introduced proposed regulations that would, among other things, change the director election process for certain corporations established under the Canada Business Corporations Act (CBCA). The...more

Government of Canada Publishes First Report on Diversity Disclosure

On April 7, 2021, the Government of Canada published Diversity of Boards of Directors and Senior Management of Federal Distributing Corporations. The report is the first report on the effect of the government's efforts to...more

The Canada Infrastructure Bank Launches Indigenous Community Infrastructure Initiative

On March 19, 2021, the Canada Infrastructure Bank (CIB) launched the Indigenous Community Infrastructure Initiative (ICII), which aims to invest $1 billion to encourage infrastructure investment in Indigenous communities. The...more

Defining and Driving ESG Within Your Organization

The term Environmental, Social and Governance, or ESG, refers to a broad set of issues or criteria relating to corporate behaviour and performance that generally fall outside of the traditional financial performance...more

Corporations Canada Holds Public Consultations on Proposed CBCA Amendments

Corporations Canada has launched public consultations on proposed regulations under the Canada Business Corporations Act (CBCA) related to recent amendments to the CBCA regarding executive compensation and the well-being of...more

The Government of Canada Announces $10-Billion Infrastructure Growth Plan

On October 1, the Government of Canada announced the Canada Infrastructure Bank’s (CIB) $10-billion plan to invest in major infrastructure initiatives (the Growth Plan), as a part of the $35 billion allocated to the CIB under...more

Infrastructure and Indigenous Engagement [Audio]

New infrastructure projects will be an important part of Canada's recovery from the COVID-19 crisis, and many will be situated on the path of reconciliation with Indigenous peoples. Listen to what the evolving legal, policy...more

Capital Markets Modernization Taskforce Releases Initial Consultation Report

In February 2020, the Ontario Government established the Capital Markets Modernization Taskforce to review and modernize Ontario's capital markets. Given the events that have transpired since the last review in 2003,...more

Bill 33 Introduced to Create Invest Alberta Corporation

In June 2020, the Government of Alberta released the provincial economic Recovery Plan. The plan included creating the Invest Alberta Corporation (IAC), a dedicated investment promotion agency based in Alberta....more

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