Canada: Fund Management/ REITs

The Canada Revenue Agency has postponed enforcement of its controversial decision to apply GST/HST to mutual fund trailing commissions, granting the industry an 18-month reprieve until January 1, 2028. While this delay provides breathing room for system implementation and procedural adjustments, mutual fund managers, dealers, and advisors must use this transition period strategically to prepare for compliance, including registration obligations and input tax credit recovery.

Private retail funds have recently faced significant redemption pressures, particularly in the private credit sector, prompting managers to adopt varying approaches to gating—from full suspensions to honoring all requests.

Globally, private equity markets have moderated in the first half of 2026 as new and ongoing geopolitical developments are shifting the calculus on dealmaking.

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...

The Canadian Securities Administrators (CSA) have announced the adoption of Coordinated Blanket Order 51‑933 – Exemptions to Permit Semi‑Annual Reporting for Certain Venture Issuers (Blanket Order), effective March 19, 2026.

The comment period on the new liquidity risk management amendments (the “Proposed Amendments”) proposed by the Canadian Securities Administrators (“CSA”) closes March 27, 2026.

Canada's implementation of the Organisation for Economic Co-operation and Development's Common Reporting Standard under Part XIX of the Income Tax Act...

Capital call facilities have become an increasingly important tool for private equity sponsors, providing flexibility and efficiency in fund management.

Late in November, the Ontario Securities Commission (OSC) released OSC Staff Notice 81-740 Update on Long-Term Asset Fund Project which discussed key themes and questions from industry stakeholders...