Financial Services Financial Services

Cannabis Statute Law Amendment Act, 2018: Ontario government passes cannabis regulatory regime

The Ontario government recently passed Bill 36, the Cannabis Statute Law Amendment Act, 2018 on October 17, 2018.

AMF not successful in convincing Court of Appeal in a market manipulation case

The Québec Court of Appeal recently rendered a judgment addressing the elements constituting an offence for market manipulation as set forth in...

Government of Ontario rejects CSA proposal on embedded commissions

Earlier today, the Canadian Securities Administrators published proposed regulatory amendments that would prohibit the payment of commissions to...

CSA announces harmonized approach toward client focused reforms and policy on embedded commissions

The Canadian Securities Administrators recently announced a comprehensive, harmonized approach for addressing investor protection concerns regarding...

Cannabis Act passes final vote in Senate

On June 19, 2018, the Senate voted to pass Bill C-45, the Cannabis Act. Senators voted 52-29, with two abstentions, to pass the final version of the...

Cannabis Act passes in Senate with amendments

After six months of study, Bill C-45, the Cannabis Act, passed third reading in the Senate. The Senate voted to adopt the Bill with a total of 46...

Ontario Securities Commission places mutual fund sales practices under scrutiny again

As part of a recent Settlement Agreement, the Ontario Securities Commission has ordered 1832 Asset Management LP (“1832”), a...

Compliance update – deferred prosecution agreements finally come to Canada

The Canadian federal government released Bill C-74 on March 27, 2018. Bill C-74 (a 500-page plus document) proposes amendments to several statutes to...

Investment limited partnerships: Federal Budget 2018

The government's budget announced plans to go forward with amendments to the Excise Tax Act (Canada) that are intended to levy GST/HST on management...