Worldwide: Finance and Banking

The Multijurisdictional Disclosure System has enabled eligible Canadian issuers to access U.S. capital markets using Canadian disclosure documents since 1991. This framework offers a streamlined pathway for cross-border securities offerings, with registration statements becoming effective in as few as three to four business days while the SEC defers substantive review to Canadian regulators.

Agnico Eagle's listing of contingent value rights on the Toronto Stock Exchange marks a groundbreaking development in Canadian capital markets, establishing the first-ever CVR listing on a Canadian exchange. This precedent-setting transaction demonstrates how mining companies can bridge valuation gaps in M&A deals through innovative securities structures that provide both liquidity and tax efficiency for investors. The listing through the TSX Sandbox program offers a blueprint for future resource sector tra

Borden Ladner Gervais S.E.N.C.R.L., S.R.L. (BLG) annonce l'arrivée de Nicholas Nevins et Christian Vieira comme associés au sein de son groupe Droit des sociétés et marchés financiers à Toronto.

Finance has evolved from a supporting function to a strategic driver in aerospace and defence, shaping how organisations fund innovation, manage risk and deliver complex programmes. As capital requirements grow and economic pressures mount, financial strategy is becoming central to competitiveness and long-term resilience in an increasingly uncertain global market.

Infrastructure projects increasingly rely on collaborative delivery models that challenge traditional risk allocation frameworks. As capital markets evolve and financing sources diversify, the tension between collaborative approaches and conventional bankability requirements creates new structural challenges that demand innovative solutions from owners, contractors, lenders, and equity providers.

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...

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.

Le 19 mars 2026, les Autorités canadiennes en valeurs mobilières (les « ACVM ») ont annoncé la mise en œuvre d’un projet pilote autorisant les émetteurs émergents admissibles...

Voluntary semi-annual financial reporting (SAR) for public companies in Canada is now live, at least for eligible venture issuers.

The regulators indicated that all trades are subject to applicable securities and derivatives legislation and specifically called out Multilateral Instrument 91-102 Prohibition of Binary Options, which prohibits a person from advertising, offering, selling or otherwise trading a binary option with a term of less than 30 days with or to an individual.

The Ontario Securities Commission has released its 2025 Annual Report on Canadian OTC derivatives markets, revealing significant shifts in market composition and regulatory oversight. Interest rate derivatives continue to dominate with 88.2% of total gross notional outstanding, while new data quality standards and expanded clearing requirements signal a more sophisticated regulatory approach to derivatives monitoring and risk management.

The Registration, Inspections and Examinations Division (RIE) of the Ontario Securities Commission (OSC) has published its examination priorities for fiscal 2026-2027 in OSC Staff Notice 33-761 – 2026 Examination Priorities for the Registration, Inspections and Examinations Division, enforcing its focus on a risk-based supervisory framework that is responsive to evolving market conditions and emerging risks