Depending on an upcoming Supreme Court of Canada ruling, the participating governments will update the timing of the new regulator’s launch
Later this month, the Supreme Court of Canada will hear a constitutional challenge to the proposed co-operative capital markets regulator
Canada's top court will weigh in yet again on new national regulator
The Capital Markets Regulatory Authority will lack the ability to unilaterally impose its regulatory authority across the country
FAIR Canada and CARP are worried that the OSC, a leading advocate of investor protection, would be subsumed into the new national regulator
Court rules that proposed mechanism for amending securities laws “fetters the parliamentary sovereignty of the participating provinces
The chief regulator of the proposed CMRA believes Alberta, Quebec and other provinces will consider joining the initiative once it proves successful
Ottawa says new regulator is needed to protect the financial system
The launch date for the new regulator has been reset to 2018
Bill Black, former president and CEO of Maritime Life, will chair the 15-member board