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Inside Internal Controls

News and discussion on implementing risk management

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securities

Federal government seeks input on Canada Business Corporations Act

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The Canada Business Corporations Act (CBCA) last underwent significant change in 2001, and Industry Canada believes conditions have changed enough since then that it’s time for another review. The department is accepting input until March 11, 2014, on the following topics…

 

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Alberta proposes Securities Act amendments

Alberta might not be too keen on joining a national securities regulation scheme, but that doesn’t mean the province isn’t interested in strengthening its securities legislation and improving cooperation in the existing system. The government has proposed changes to the Alberta Securities Act that…

 

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Alberta proposes Securities Act amendments

Alberta might not be too keen on joining a national securities regulation scheme, but that doesn’t mean the province isn’t interested in strengthening its securities legislation and improving cooperation in the existing system.

 

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Manitoba update!

We’ve paid embarrassingly little attention to Manitoba at First Reference Talks. But that’s all changing as the province that sits on Ontario’s western shoulder (presumably Ontario’s “angel” conscience) has set out to distinguish itself recently. The province has stood up with Alberta and Quebec against the prospect of a national securities regulator, arguing that securities regulation is solely a provincial matter and that the current system works better than a centralized one would.

 

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Draft of new national securities act introduced

Earlier this year, we reported that Alberta and Quebec were preparing constitutional “references” to be heard by their respective provincial Courts of Appeal to defend their rights to maintain their own provincial securities regulators. At the same time, the federal government announced its intention to take its case for a national regulator to the Supreme Court…

 

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