The Reporter provides a monthly summary of Canadian federal legislative and regulatory developments of relevance to federally regulated financial institutions.

A friendly reminder to registrants of the requirement under Part 12 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations...

The Canadian Investment Regulatory Organization (CIRO) announced earlier in December that the Investment Dealer and Partially Consolidated (IDPC) Rules and Mutual Fund Dealer (MFD) Rules...

On May 17, 2024, New Gold Inc. completed its equity offering for gross proceeds of approximately C$235 million (US$173 million).

As we first mentioned approximately two years ago, a number of the securities regulatory authorities, including the Ontario Securities Commission, proposed changes to Multilateral Instrument...

If you haven't yet turned your mind to your annual exempt trade reports for investment fund issuers, now is the time. As noted in last month's bulletin...

On November 25, the Financial Services Regulatory Authority of Ontario proposed amendments to the existing Unfair or Deceptive Acts or Practices Rule.

BLG’s Investment Management Group is pleased to share its Registration Rules Book, a compilation of the most commonly used national and multilateral instruments and policies affecting registered financial services firms and individuals.

On February 24, 2024, the Ministerial Directive on Financial Transactions Associated with Russia (the Directive) took effect. The Directive applies to various entities regulated under the Proceeds of Crime...

These amendments are expected to come into force in May 2024 to coincide with Canada's move to a T+1 settlement cycle.

The Ontario Court of Appeal in Rivers v. Waterloo Regional Police Services Board has upheld the Superior Court of Justice's determination that it was without jurisdiction to hear a proposed class...

The Superior Court followed prior decisions in confirming that the putative class members were bound by their respective collective bargaining agreements...

The Ontario Court of Appeal in Rivers v. Waterloo Regional Police Services Board has upheld the Superior Court of Justice's determination that it was without jurisdiction to hear a proposed...

The Ontario Court of Appeal in Rivers v. Waterloo Regional Police Services Board has upheld the Superior Court of Justice's determination that it was without jurisdiction to hear a proposed class...

The Ontario Court of Appeal in Rivers v. Waterloo Regional Police Services Board has upheld the Superior Court of Justice's determination that it was without jurisdiction to...

As a municipality, there's very little in daily life that you don't touch—everything from safety to economic development, transportation to drinking water. Your responsibilities are enormous.

Bill C-69,Budget Implementation Act, 2024, No. 1was passed by the Parliament and received royal assent on June 20, 2024. Bill C-69 contains provisions to implement certain tax measures announced in the 2024 federal budget:

On February 22, 2023, the Canadian Securities Administrators published CSA Staff Notice 21-332 Crypto Asset Trading Platforms: Pre-Registration Undertakings – Changes to Enhance Canadian...

In 2022, Canada released its critical minerals strategy. Lloyds of London announced it would exclude state-backed cyber attacks from insurance policies.

Agentic AI, a new threat: The report identifies AI agents as an emerging trend that presents many risks to investors, firms, and markets, such as agents acting beyond the user's intention and the unintentional use or disclosure of sensitive information. Firms are encouraged to develop the necessary supervisory frameworks specific to agentic AI