The Toronto Stock Exchange is launching its own version of a regulatory sandbox to test novel financing models, explore possible policy changes and enable listings by companies that might not otherwise qualify for the exchange.

The Government of Canada released the Canadian Minerals and Metals Plan, hoping it will represent a milestone in the history of Canadian mining.

The Canadian Securities Administrators have announced that they are developing a national instrument intended to replace the registration and prospectus exemptions related to start-up crowdfunding currently existing in certain provinces.

On February 15, 2019, the Ontario Securities Commission declined to approve the prospectus for the Bitcoin Fund.

The Canadian Securities Exchange has now adopted amendments to its policies that introduce a requirement for resale restrictions on securities issued by CSE-listed companies pursuant to certain prospectus exemptions which would otherwise be free trading.

A recent study commissioned by the British Columbia Securities Commission found that Canadians, even those with investments, do not generally see themselves as “investors”.

The British Columbia Securities Commission is increasing its fees effective December 30, 2018.

The Canadian Securities Administrators caution companies to avoid disclosure and promotional practices that are manipulative or that may mislead investors. 

The Canadian Securities Exchange proposed amendments to its policies that would introduce a requirement for resale restrictions on securities issued by CSE-listed companies pursuant to certain prospectus exemptions which would otherwise be free trading.

In a landmark decision, the Delaware Chancery Court ruled that a purchaser could walk away from an acquisition due to factors which were found to constitute a "material adverse change".

The CSA published guidance on disclosure expectations for cannabis issuers. The guidance is the result of the regulator’s disclosure review of 70 cannabis issuers, which revealed deficiencies.

Previously-announced changes to the report of exempt distribution set out on Form 45-106F1 Report of Exemption Distribution have come into effect.

The Ontario Securities Commission has released its Statement of Priorities for the fiscal year ending March 2019.

A tweet by Elon Musk, the Chairman and CEO of Tesla, serves as an interesting case study of the potential risks involved in the use of social media by reporting issuers and other capital markets participants.

On August 15, 2018, securities regulators announced the pending revocation of two dealer registration exemptions: (1) the “Northwest Exemption” and (2) the exemption for trades in securities of MIEs in BC Instrument 32-517.

The British Columbia Liquor and Cannabis Regulation Branch has opened applications for cannabis retail store licences which would allow licensees to sell non-medical cannabis and cannabis accessories in BC. 

The Canadian Securities Exchange has significantly enhanced the continued listing requirements to be met by listed issuers.

The Canadian Securities Administrators have summarized the results of their continuous disclosure review programs for the past two years. 

The CSA will maintain the current approach to determining independence, which combines a principles-based approach with a number of bright-line”disqualifications.