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Canada Regulatory Reform Regulatory Agenda

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AI Watch: Global regulatory tracker - Canada

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AIDA expected to regulate AI at the federal level in Canada but provincial legislatures have yet to be introduced. Laws/Regulations directly regulating AI (the “AI Regulations”) Canada is expected to regulate AI at the...more

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Passage of Bill C-34: An Overhaul of Canada’s Foreign Direct Investment Regime

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With the passage through Parliament of Bill C-34 on March 22, 2024, long contemplated changes to Canada’s foreign investment review regime are set to dramatically overhaul Canada’s FDI framework. ...more

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CSA Propose Binding Dispute Resolution Framework for Retail Client Complaints

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The Canadian Securities Administrators (“CSA”) have proposed amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”) and changes to its companion policy...more

Schwabe, Williamson & Wyatt PC

New Artificial Intelligence Laws Are Set in Motion This Year

The past year will be regarded as a pivotal year for advances in artificial intelligence (AI). As the year comes to an end, lawmakers are hurrying to establish rules for the rapidly evolving technology, hoping to stimulate...more

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Government’s “Generational Changes to Competition Law in Canada” Increase Risks for Canadian Businesses

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On November 28, 2023 the Canadian government unveiled another round of amendments to the Competition Act that had been previewed in its Fall Economic Statement the previous week. These changes, together with several...more

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CSA Propose Amendments to Shelf Prospectus Regime for WKSIs

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On September 21, 2023, the Canadian Securities Administrators (“CSA”) announced proposed amendments to National Instrument 44-102 Shelf Distributions (“NI 44-102”) relating to well-known seasoned issuers ("WKSIs")as well as...more

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Government-Ordered Market Studies and Less Efficiencies: Canadian Government Introduces Amendments to the Competition Act

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The Canadian government has proposed giving the Minister of Innovation, Science and Industry the ability to direct the Competition Bureau to conduct market studies with the ability to compel production of related documents...more

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Clean Energy Incentives: August 4, 2023 Legislative Proposals Relating to the Income Tax Act and Regulations

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On August 4, 2023, the Department of Finance of Canada released significant legislative proposals relating to the federal government’s proposed measures to grow Canada’s clean economy. The release includes the draft...more

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OSC Publishes Considerations for Public Accounting Firms in Developing Internal Ethics Policies and Procedures

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The Ontario Securities Commission (“OSC”) recently published OSC Staff Notice 52-724 Considerations for Public Accounting Firms in Developing Internal Ethics Policies and Procedures (the “Notice”). The Notice summarizes...more

Dickinson Wright

Canadian Intellectual Property Fees on the Rise in 2024

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On June 1, 2023, the Canadian Intellectual Property Office (CIPO) introduced amendments to fee schedules set out in the Patent Rules, Trademarks Regulations, Industrial Design Regulations, and Copyright Regulations and will...more

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Ontario Government Proposes New Provincial Planning Statement and Other Measures to Increase Housing Supply

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On April 6, 2023, the Ontario government introduced a suite of legislative, regulatory, and policy proposals to tackle the housing supply crisis, including a new Provincial Planning Statement to streamline the rules around...more

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TSX Requests Comments on Proposed Amendments to Section 606 of the Company Manual

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On December 1, 2022, the Toronto Stock Exchange (TSX) published for comment certain proposed amendments (the Proposed Amendments) to Section 606 – Prospectus Offerings of the TSX Company Manual (the Manual). The Proposed...more

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Personal Information Protection in Québec: Preparing for the Next Round of “Bill 64” Amendments in September 2023

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The second wave of “Bill 64” amendments to Québec’s private-sector privacy legislation – the Act respecting the protection of personal information in the private sector (“PPIPS”) – will take effect on September 22, 2023. In...more

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Five Privacy Trends to Follow in 2023

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As the new year begins, we thought we would focus on three laws (two laws and one bill, actually) and two decisions that will most certainly affect the privacy landscape for Canadian businesses in 2023....more

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Canada’s Innovation Funding and the Pursuit of a Clean Economy

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As part of an effort to move towards global carbon neutrality, Canada published its 2030 Emissions Reduction Plan in March of 2022 which focuses on achieving net-zero carbon emissions by 2050. Working towards a strong economy...more

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Dealing with the Housing Crisis: Ontario’s Bill 23 Proposes Major Changes to Encourage Residential Development

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On October 25, 2022, Ontario Municipal Affairs and Housing Minister Steve Clark announced a comprehensive legislative initiative – the More Homes Built Faster Act, 2022 (“Bill 23”) – to complement the Government’s plan to add...more

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Highlights From the Competition Bureau’s Session on Changes to the Competition Act

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On September 8, the Competition Bureau hosted a public information session about the 2022 amendments to the Competition Act. The session included guidance on the Bureau’s approach to enforcing new provisions related to abuse...more

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CSA Seek Comments on Enhanced OTC Derivatives Data Reporting Amendments

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Proposed amendments are intended to reduce regulatory burden by aligning over-the-counter (OTC) derivatives data reporting requirements with international standards developed by the Committee on Payments and Market...more

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Bill C-26: Introducing Canada’s Critical Cyber Systems Protection Act

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On June 14, 2022, the Government of Canada introduced Bill C-26, An Act Respecting Cyber Security which, among other things, seeks to enact the Critical Cyber Systems Protection Act (“CCSPA”). The “Backgrounder” that...more

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CSA Seek Comments on Proposed Consolidated SRO and Investor Protection Funds

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Canadian Securities Administrators (CSA) issue a request for comments on draft documents related to the proposed amalgamation of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers...more

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Attention Mining Industry - Now is your Chance to Help Shape Canadian Mineral Project Disclosure Requirements and Modernize NI...

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Mineral project disclosure requirements are being reviewed by the Canadian Securities Administrators (CSA) with an eye to providing investors with more relevant disclosure, and to continue to foster fair and efficient capital...more

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Canada Releases its New 2030 Emissions Reduction Plan

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On March 29, 2022, the Minister of Environment and Climate Change, supported by Prime Minister Justin Trudeau, tabled Canada’s new 2030 Emissions Reduction Plan (the “Plan”). The Plan describes the existing and new measures...more

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Personal Information Protection by Companies Conducting Business in Quebec: Adoption of Bill 64

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How will the Reform affect companies' privacy practices? What are the main differences between the Act and PIPEDA? - On September 21, 2021, the National Assembly adopted Bill 64, an Act to modernize legislative provisions...more

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Proposed Data Governance Requirements for Health and Social Services Providers Operating in Québec

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On December 3, 2021, Québec’s Minister of Health and Social Services introduced Bill 19, An Act respecting health and social services and amending various legislative provisions (“Bill 19”). The bill’s four objectives are (i)...more

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Ontario’s Housing Affordability Task Force Urges Major Reforms to Approvals Process for Residential Development

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On February 8, 2022, the Housing Affordability Task Force reported to the Government of Ontario on the state of the housing market in Ontario. Its 33-page Report makes 55 recommendations intended to remove impediments to the...more

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