Securities Practice Notes

Real time quotes at the stock exchange

April 2016

Displaying 1-3 of 3

Fundamental Changes to Take-Over Bid Regime Announced

Kevin J. Sorochan

On February 25, 2016, the Canadian Securities Administrators (“CSA”) announced the adoption of National Instrument 62-104 – Take-Over Bids and Issuer Bids (“NI 62-104”). NI 62-104 is fully harmonized and will apply in all provinces and territories of Canada. The...


Canadian Securities Regulators Revamp Early Warning Regime

Dwight D. Dee

On February 25, 2016, concurrent with the publication of major changes to the take-over bid regime, the Canadian Securities Administrators (“CSA”) announced significant amendments to the early warning reporting rules.  Market participants who take large positions in public issuers, along...


Revisions to Offering Memorandum Rules Across Canada

Rhea Solis

Effective January 13, 2016, issuers in Ontario were able to take advantage of the offering memorandum prospectus exemption (the “OM Exemption”). This new OM Exemption will facilitate capital-raising by allowing issuers in Ontario to access a wider range of investors,...


Displaying 1-3 of 3