Cooperative Capital Markets Regulatory System Delayed By One Year

On April 16, 2015, the council of ministers (Council) for the proposed cooperative capital markets regulatory system (Cooperative System) announced that the Cooperative System is now expected to be operational by the fall of 2016, one year later than originally anticipated. The Council also announced that Yukon has agreed to join the Cooperative System and entered into an amended memorandum of agreement (Amended Agreement) with the Canadian government and the British Columbia, Ontario, Saskatchewan, New Brunswick and Prince Edward Island governments relating to the Cooperative System's principal components. The Council also announced the members of the nominating committee for the board of directors (Board) of the regulatory authority (Authority) under the Cooperative System.