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ARTICLE · 02 JANUARY 2026

OSC Drips Update On OLTF Proposals

Borden Ladner Gervais LLP
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Late in November, the Ontario Securities Commission (OSC) released OSC Staff Notice 81-740 Update on Long-Term Asset Fund Project which discussed key themes and questions from industry stakeholders...

CanadaFinance and Banking

Late in November, the Ontario Securities Commission (OSC) released OSC Staff Notice 81-740 Update on Long-Term Asset Fund Project which discussed key themes and questions from industry stakeholders on OSC Staff Notice 81-738 Next Steps Following OSC Consultation Paper 81-737 Opportunity to Improve Retail Investor Access to Long-Term Assets through Investment Fund Product Structures. Staff at the OSC is continuing to speak to stakeholders on topics such as:

  • higher illiquid asset limits under National Instrument 81-102 Investment Funds;
  • adapting the interval fund structure;
  • adapting the Ontario Long Term Fund (OLTF) structure; and
  • allowing non-accredited investors to hold qualified private funds in an RRSP.

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