Securities Law: 15 Hot Topics For 2015

The decline in oil prices and the consequences for Western Canada as well as the delayed federal budget have all dominated the domestic headlines for January. However, there are a number of other developments on the horizon that Canadian issuers should be thinking about in 2015. In no particular order, here are our "15 Hot Topics for 2015":

New Securities Regulator

In 2014, progress continued on the initiative to establish a cooperative capital markets regulatory system in Canada. In July 2014, the governments of New Brunswick and Saskatchewan signed onto the Agreement in Principle originally entered into by the governments of British Columbia, Ontario and Canada in September 2013. Then, on September 8, 2014, these participating jurisdictions released a Memorandum of Understanding (with the government of Prince Edward Island signing on shortly thereafter) and consultation drafts of the uniform provincial Capital Markets Act (PCMA) and the federal Capital Markets