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Regulatory Oversight Canada

Stikeman Elliott LLP

Canada Reconsiders Comparative Clinical Trials Requirements for Biosimilars

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On June 10, 2025, Health Canada initiated a public consultation on proposed revisions to its Guidance Document: Information and Submission Requirements for Biosimilar Biologic Drugs. A notable update is the proposal to remove...more

Blake, Cassels & Graydon LLP

The Future of Canadian Pension Governance: Updated Legal Insights

The Canadian regulatory landscape presents a dynamic mix of regulatory, policy and governance updates that demand careful attention from Canadian pension plan sponsors and administrators. Federal and provincial initiatives,...more

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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

Smart & Biggar

CDA update: new five-year strategic plan and position statement on using AI in health technology assessments

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On April 15, 2025, Canada’s Drug Agency (CDA) released its new five-year strategic plan, Insight to Impact 2025-2030. Formerly the Canadian Agency for Drugs and Technologies in Health (CADTH), this is the CDA’s first...more

Blake, Cassels & Graydon LLP

Out-of-Sight and Oversight: Business Opportunities and Obligations of New Drone Regulations

In recent years, the drone (or remotely piloted aircraft system (RPAS)) industry has experienced rapid growth, particularly in commercial applications. As drones become integral to business operations, regulations must keep...more

Blake, Cassels & Graydon LLP

Le gouvernement de l’Alberta mise sur l’établissement d’un modèle concurrentiel pour les jeux de hasard en ligne

Le 26 mars 2025, Dale Nally, le ministre responsable des services et de la réduction du fardeau administratif en Alberta, a présenté le projet de loi 48, aussi connu sous le nom iGaming Alberta Act (le « projet de loi 48 ») à...more

Blake, Cassels & Graydon LLP

Alberta Government Bets on Competitive iGaming Model

On March 26, 2025, the Minister of Service Alberta and Red Tape Reduction, Dale Nally, introduced Bill 48, also known as the iGaming Alberta Act (Bill), to the legislature....more

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FSRA Proposes New Regulatory Framework for Life and Health Managing General Agents in Ontario

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On January 28, 2025, the Financial Services Regulatory Authority of Ontario (“FSRA”) published Proposed Rule 2025-001 (the “Proposed Rule”), which builds on recent amendments to the Insurance Act (the “Act”). Those amendments...more

Bennett Jones LLP

Health Canada Consultation on Proposed Amendments to Address Drug and Medical Device Shortages in Canada

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Health Canada is proposing to amend the Food and Drug Regulations, C.R.C., c.870 (the FDRs) and the Medical Device Regulations, SOR/98-282 (the MDRs) in an effort to avoid pharmaceutical and medical device shortages and...more

Bennett Jones LLP

Alberta Issues Directive for Power Regime Overhaul: Fast and Furious Implementation

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On December 10, 2024, the Minister of Affordability and Utilities (Minister) issued a direction letter to the Alberta Electric System Operator (AESO) outlining the Government of Alberta’s (Government) decisions regarding...more

Littler

Ontario, Canada: Bill 190, Working for Workers Five Act, 2024 Receives Royal Assent

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On October 28, 2024, Ontario’s Bill 190, Working for Workers Five Act, 2024 (Bill 190), received Royal Assent. Among other things, Bill 190 amends the Employment Standards Act, 2000 (ESA), Occupational Health and Safety...more

Stikeman Elliott LLP

OSC Publishes Summary Report for Dealers, Advisers and Investment Fund Managers for 2023-2024

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The Registration, Inspections and Examinations Division (“RIE”) of the Ontario Securities Commission (“OSC”) has released its annual Summary Report for Dealers, Advisers and Investment Fund Managers (the “Report”) for the...more

Stikeman Elliott LLP

Québec’s Language Legislation: Release of Regulations Impacting Commercial Contracts and Trademarks

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This post summarizes a newly published regulation (the “Amended Regulation”) amending the Québec Charter of the French Language (“Charter”) and the Regulation respecting the language of commerce and business in key areas such...more

Stikeman Elliott LLP

CSA Release First Oversight Reports on CIRO and CIPF

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On March 28, 2024, the Canadian Securities Administrators (“CSA”) published two reports (the “Reports”) relating to their oversight of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor...more

Stikeman Elliott LLP

OSC Publishes Annual Compliance Report for Dealers, Advisers and Investment Fund Managers for 2022-2023

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The Ontario Securities Commission (“OSC”) recently released its annual Summary Report for Dealers, Advisers and Investment Fund Managers (the “Report”), prepared by the Compliance and Registrant Regulation Branch, for the...more

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Sunny Days: New SRO Officially Named “Canadian Investment Regulatory Organization”

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The New Self-Regulatory Organization of Canada (“New SRO”) changed its name to “Canadian Investment Regulatory Organization” (“CIRO”) on June 1, 2023. The former Investment Industry Regulatory Organization of Canada...more

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CSA Publish 2022 Annual Oversight Report on SROs and IPFs

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The Canadian Securities Administrators (CSA) recently released their 2022 Annual Activities Report (Report) summarizing their key oversight activities and assessments of self-regulatory organizations (SROs) and investor...more

Epiq

Canada Competition Regulation is Changing

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Five years from now, the global competition landscape will look completely different. Accelerated changes are materializing all over the world. There has been a distinct shift in the scope and breadth of investigations by...more

Stikeman Elliott LLP

The Tangled Web of Privacy and Competition: Privacy Commissioner makes Submission to Consultation on the Future of Competition...

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In response to the Consultation on the Future of Competition Policy in Canada the Privacy Commissioner of Canada recommended two amendments be made to the Competition Act: (i) the Office of the Privacy Commissioner and the...more

Stikeman Elliott LLP

Merger Control in Canada: Overview

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A Q&A guide to merger control in Canada. This Q&A is part of the global guide to merger control. Areas covered include the regulatory framework, regulatory authorities, relevant triggering events and thresholds. Also...more

Dickinson Wright

[Webinar] The Regulatory Landscape for Cannabis Products in the U.S. and Canada - Is the Grass Greener on the Other Side? -...

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The current regulation of cannabis products in the U.S. and Canada has left many dazed and confused. There seems to be a lot of confusion and misinformation on the regulation of these products on both sides of the border....more

Stikeman Elliott LLP

CSA Propose Modernization of Prospectus Filing for Investment Funds

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Proposed modernization of certain investment fund prospectus filing rules would extend lapse date to 24 months. CSA also considering introducing base shelf filing for all investment funds....more

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Private Equity - Recent Developments Of Importance

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The first nine months of 2021 set records for global M&A activity and kept private equity firms especially busy. An abundance of dry powder and low interest rates have encouraged private equity investors to make up for lost...more

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OSC Undertaking Consultation on Tied Selling

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Late last month, the Ontario Securities Commission (OSC) announced that it was undertaking a consultation process in regards to the practice of tied selling among commercial lenders. The announcement follows a request by...more

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Provincial Securities Regulators Enter into MOU with Croatian Financial Services Supervisory Agency

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Securities regulators in Ontario, Québec, Alberta and British Columbia recently announced that they had entered into a Memorandum of Understanding (MOU) with the Croatian Financial Services Supervisory Agency. ...more

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