News & Analysis as of

Canada Proposed Amendments

Blake, Cassels & Graydon LLP

Les ACVM proposent de moderniser et de simplifier les normes d’information dans le secteur minier canadien

Introduction Le 12 juin 2025, les Autorités canadiennes en valeurs mobilières (les « ACVM ») ont annoncé un projet de modification détaillé (le « projet de modification ») visant à moderniser et à simplifier le régime...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Beat the Heat: What Are Ontario’s OHSA Requirements for Working in the Heat?

Recently, sweltering summer heat settled over parts of Canada, especially in Ontario. There is good reason to believe that this will happen again this summer, and will impact both workers who are outside in the sun and those...more

Blake, Cassels & Graydon LLP

OSC Proposes New Rules to Restrict Short Selling Ahead of Offerings of Public Securities

On June 6, 2025, the Ontario Securities Commission (OSC) proposed amendments (Proposed Amendments) to OSC Rule 48-501 Trading during Distributions, Formal Bids and Share Exchange Transactions (OSC Rule 48-501) that will, if...more

Bennett Jones LLP

Updated Rules for Mining Disclosure: What the Canadian Securities Administrators Proposed Changes Mean for Industry Participants

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On June 12, 2025, the Canadian Securities Administrators (CSA) formally released a Request for Comment on proposed sweeping changes to National Instrument 43-101, Standards of Disclosure for Mineral Projects, marking the...more

Stikeman Elliott LLP

Coming Soon: Amendments to Canada’s OTC Derivatives Trade Reporting Regime

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The Canadian Securities Administrators (“CSA”) have released several updates in the last year to Canada’s trade reporting regime for over-the-counter (“OTC”) derivatives. In July 2024, all members of the CSA published final...more

Stikeman Elliott LLP

Streamlining NI 43-101: CSA Propose to Modernize and Overhaul Canada’s Mining Disclosure Regime

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The Canadian Securities Administrators (“CSA”) have published for comment proposed amendments to National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”), Form 43-101F1 Technical Report (“Form...more

Littler

Canada: Important Amendments Coming to Saskatchewan Workplace Laws

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On May 13, 2025, the Saskatchewan government passed the Workers’ Compensation Amendment Act, 2024 (Bill 4) and the Saskatchewan Employment Amendment Act, 2024 (Bill 5)....more

Bennett Jones LLP

TSX Proposes Amendments to Listing Requirements

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The Toronto Stock Exchange (TSX) has published for comment proposed amendments to the TSX Company Manual (the Manual). The amendments are intended to support capital markets by...more

Akin Gump Strauss Hauer & Feld LLP

Imposing Duties to Address the Flow of Illicit Drugs Across Our Northern Border (Trump EO Tracker) - Update

On February 1, President Trump signed executive orders imposing additional tariffs on Canada, Mexico, and China under the International Emergency Economic Powers Act (IEEPA) in response to an emergency declared at the border...more

Stikeman Elliott LLP

New Regulatory Amendments Under the Food and Drugs Act: Addressing Drug and Medical Device Shortages in Canada

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On December 28, 2024, Health Canada published a regulatory proposal in the Canada Gazette, Part I, Volume 158, Number 52, introducing amendments to the Food and Drug Regulations, CRC, c 870 and the Medical Devices...more

Stikeman Elliott LLP

CSA Republish Proposals to Implement an “Access Equals Delivery” Model for Certain Continuous Disclosure Documents

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The Canadian Securities Administrators (“CSA”) have republished for comment proposed rule amendments and policy changes to implement an “access equals delivery” model for certain continuous disclosure documents of...more

Stikeman Elliott LLP

CSA Propose Modernization of Investment Fund Continuous Disclosure Regime

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The Canadian Securities Administrators (“CSA”) have published for comment proposed amendments and changes to modernize the continuous disclosure regime for investment funds (collectively, the “Proposed Amendments”). The...more

Blake, Cassels & Graydon LLP

Placements des régimes de pension sous réglementation fédérale : le ministère des Finances propose de nouvelles divulgations

Le 2 novembre 2024, le ministère des Finances du Canada (le « ministère ») a publié des modifications proposées au Règlement de 1985 sur les normes de prestation de pension (les « modifications proposées ») à des fins de...more

Blake, Cassels & Graydon LLP

Projet de loi 214 : Le gouvernement de l’Ontario planifie l’avenir énergétique de la province

Le 23 octobre 2024, le gouvernement de l’Ontario a présenté des modifications au projet de loi 214 : Loi de 2024 sur l’énergie abordable (le « projet de loi 214 ») afin d’appuyer sa politique mise à jour en matière...more

Blake, Cassels & Graydon LLP

Department of Finance Proposes Public Disclosure Requirements for Federally Regulated Pension Plan Investments

On November 2, 2024, the Department of Finance published proposed amendments to the Pension Benefits Standards Regulations, 1985 (Proposed Amendments) for consultation. The Proposed Amendments would prescribe the types of...more

Bennett Jones LLP

Statutory Amendments to Certification Test: Banman v Ontario, 2023 ONSC 6187

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Approximately four years have passed since the new amendments to Ontario’s Class Proceedings Act, 1992 came into force. One of the most significant amendments was the addition of subsection 5(1.1) to the preferable procedure...more

Stikeman Elliott LLP

CSA Propose Amendments Related to CSE’s Senior Tier, Majority Voting, Escrow Agreements and More

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The Canadian Securities Administrators (“CSA”) recently published for comment proposed amendments and changes to certain national instruments and policies to: (i) address the Canadian Securities Exchange’s (“CSE”) creation of...more

Stikeman Elliott LLP

Ontario Consultation on Regulating Life & Health Managing General Agents Launched

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On July 26, 2024, the Ontario Ministry of Finance launched a consultation on proposed amendments to the Insurance Act that would create a regulatory framework for life and health managing general agents (L&H MGAs) and those...more

Blake, Cassels & Graydon LLP

Modèle d’accès aux prospectus des émetteurs assujettis qui ne sont pas des fonds d’investissement : modifications définitives

Le 11 janvier 2024, les Autorités canadiennes en valeurs mobilières (les « ACVM ») ont publié la version définitive des modifications au Règlement 41-101 sur les obligations générales relatives au prospectus, au Règlement...more

Stikeman Elliott LLP

CSA Propose Amendments to Rules for Public Crypto Asset Funds

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The Canadian Securities Administrators (“CSA”) recently published proposed amendments to National Instrument 81-102 Investment Funds (“NI 81-102”) and changes to its companion policy (the “Proposed Amendments”) relating to...more

Blake, Cassels & Graydon LLP

CSA Finalizes Amendments to Implement Access Model for Prospectuses of Non-Investment Fund Reporting

On January 11, 2024, the Canadian Securities Administrators (CSA) published in final form amendments and changes to National Instrument 41-101 – General Prospectus Requirements, National Instrument 44-101 – Short Form...more

Stikeman Elliott LLP

OSC Proposes Fee Increase for Restricted Dealers, Including Crypto Asset Trading Platforms

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The Ontario Securities Commission (“OSC”) recently proposed amendments (the “Proposed Amendments”) to OSC Rule 13-502 Fees and OSC Rule 13-503 (Commodity Futures Act) Fees (together, the “Fee Rules”) that would introduce two...more

Dickinson Wright

Understanding the CSA’s Proposed Shelf Prospectus Regime for Well-Known Seasoned Issuers

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On September 21, 2023, the Canadian Securities Administrators (the “CSA”) published proposed amendments to National Instrument 44-102 Shelf Distributions (“NI 44-102”) as well as to certain other rules and policies in...more

Smart & Biggar

Ontario Ministry of Health proposes regulatory amendments removing submission requirements for well-established drugs

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On October 19, 2023, the Ontario Ministry of Health proposed regulatory amendments under the Ontario Drug Benefit Act (ODBA) and the Drug Interchangeability and Dispensing Fee Act (DIDFA) to align Ontario’s requirements for...more

Stikeman Elliott LLP

CSA Propose Amendments to Facilitate Voluntary T+1 Settlement for Mutual Funds

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The Canadian Securities Administrators (“CSA”) have proposed amendments to National Instrument 81-102 Investment Funds (“NI 81-102”) to facilitate voluntary decisions by mutual funds to shorten the settlement cycle for...more

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