-
Capital Markets Modernization in Ontario – Are We There Yet?
As part of its Capital Markets Modernization Review, and as promised in its 2021 Budget, the Government of Ontario has released a consultation draft of the Capital Markets Act (CMA). The introduction of the CMA was the first recommendation of the Capital Markets Modernization Taskforce, whose final Report was released in January 2021. The Report contained…
-
“An election takes the country’s temperature”: in Election 2021, Canada remains “a hotbed of cold feet”
At Campbell Strategies we don’t compete with the newspapers to provide you with statistics . We strive to provide perspective and broad context for outcomes you can read about in the media. As we’ve thought about how to characterize Election 2021, we think no one can say it better than journalist Andrew Cohen in the Ottawa…
-
Final Open Banking Report Released – Will the Right Balance be Struck?
In 2018, the Federal Government launched an Advisory Committee on Open Banking. The Committee’s Final Report has been released, recommending that the government move quickly to create a regime for “open banking” in Canada. Open banking allows consumers to securely share their financial data among financial institutions and accredited third-party service providers. This gives consumers more choice and…
-
Regulatory Streamlining Announced for Investment Fund Dealers and Mutual Fund Dealers
The Canadian Securities Administrators (CSA) has announced plans to merge the existing two parallel (and somewhat duplicative) regulatory frameworks of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA) into one new “enhanced” and yet-to-be-named self-regulatory organization (SRO). This rehaul, set out in detail in the CSA’s Position Paper on…