Finance Law and Banking Law

The Canadian Securities Administrators have issued a coordinated blanket order exempting individuals from submitting certain personal information under National Instrument 33-109, including physical characteristics and citizenship details.

On April 30, 2026, Lumina Metals Corp. (TSX: LMCU) ("Lumina Metals" or the "Company") completed its upsized initial public offering and secondary offering of common shares ("Common Shares")...

Canada has launched its first national sovereign wealth fund, the Canada Strong Fund, with $25 billion in federal capital to co-invest alongside private and institutional investors in infrastructure, energy...

Private equity sponsors are increasingly using continuation vehicles to extend ownership of high-conviction assets while providing liquidity options to existing investors. This comprehensive analysis examines the strategic considerations, structural mechanics, and critical risk factors that sponsors, limited partners, and new investors must navigate when evaluating continuation vehicles as an alternative to traditional exit strategies.

Project finance raises long-term debt and equity against the project's assets and future cash flows rather than against sponsor balance sheets. Lenders will not commit capital...

Infrastructure projects delivered through collaborative models like alliances and IPD face a fundamental challenge: reconciling shared-risk governance with traditional project finance requirements. This analysis examines practical financing structures—from progressive P3s and government backstops to catalytic capital and holdco arrangements—that bridge the gap between collaborative delivery principles and lender bankability expectations.

British Columbia's First Nations Equity Financing Program is now accepting applications, offering up to $1 billion in loan guarantees to support First Nations acquiring equity ownership in revenue-generating projects within their traditional territories. The Program aims to position First Nations as equity partners in economic development while reducing borrowing costs and unlocking access to capital for major infrastructure and resource projects.

Ontario's local distribution company sector faces unprecedented consolidation pressure driven by $30 billion in capital requirements for grid modernization. Municipal governments selling utility assets must navigate the "windfall trap"—political pressure to spend proceeds on short-term projects rather than preserving long-term value. Strategic deployment of sale proceeds into independent endowment funds offers municipalities a path to convert depreciating infrastructure into perpetual revenue streams

Saskatchewan's recent amendments to The Saskatchewan Farm Security Regulations introduce significant changes affecting agricultural lending and farmland ownership, including the elimination of the CPPIB exemption and clarified administrative penalties. These regulatory shifts require lenders and borrowers to reassess their compliance strategies, due diligence processes, and ownership structures to navigate the evolving framework governing farmland transactions in the province.

This monthly summary tracks Canadian federal legislative and regulatory developments affecting federally regulated financial institutions, covering updates from OSFI, FINTRAC, Payments Canada...

This monthly summary tracks Canadian federal legislative and regulatory developments affecting federally regulated financial institutions, covering updates from OSFI, Bank of Canada, FINTRAC, and international bodies.

The Reporter provides a monthly summary of Canadian federal legislative and regulatory developments of relevance to federally regulated financial institutions. It does not address Canadian provincial financial services legislative and regulatory developments. In addition, purely technical and administrative changes (such as changes to reporting forms) are not covered.