"27 Goodmans partners among the leading Canadian lawyers." - Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada
Goodmans Publications

CSA Publish Update on Proposed Amendments to the Early Warning Regime


Lawyer Jonathan Feldman, Eric Goldberg, Neill May
Area Corporate Finance and Securities


The Canadian Securities Administrators (CSA) published an update of their proposed changes to the early warning regime (Canada’s equivalent to the Schedule 13D regime in the United States). The update abandons some of the key proposals, such as reducing the reporting threshold, put forward by the CSA in March 2013 (see our March 14, 2013 update, CSA Proposes Significant Amendments to Early Warning Regime) and reflects what appears to be a firm intention to proceed with other changes to the system in the second quarter of 2015.

Download PDF