Canadian Corporate Governance Reforms
|Area||Corporate Finance and Securities|
The corporate governance landscape in Canada is continuing to evolve. Over the past week, the Ontario Securities Commission and the Toronto Stock Exchange confirmed that they will be releasing for comment new rules and guidelines respecting corporate governance matters. It appears that these initiatives will involve a reallocation of responsibility between securities regulators, with the Commission beginning to assume greater responsibility for corporate governance in respect of certain matters that previously had been within the purview of the Exchange.