Canadian securities administrators provide update on syndicated mortgage regime

Toronto – In light of COVID-19, the Canadian Securities Administrators (CSA) is adjusting the timeline to implement changes that will harmonize the regulation of syndicated mortgages across Canada.

In December 2019, the CSA published an update on its next steps related to syndicated mortgages, including an anticipated timeline and effective date. The CSA now anticipate the amendments will take effect January 1, 2021, subject to requisite approvals.

Additional details will be communicated later this year.  

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.- 30 – 

For Investor inquiries, please refer to your respective securities regulator. You can contact them here.

For media inquiries, please refer to the list of provincial and territorial representatives below or contact us at media@acvm-csa.ca.For more information:

Kristen Rose
Ontario Securities Commission
416-593-2336
Hilary McMeekin
Alberta Securities Commission
403-592-8186
Sylvain Théberge
Autorité des marchés financiers
514-940-2176
Jason (Jay) Booth
Manitoba Securities Commission
204-945-1660
Brian Kladko
British Columbia Securities Commission
604-899-6713
Steve Dowling
Government of
Prince Edward Island,
Superintendent of Securities
902-368-4550
Sara Wilson
Financial and Consumer Services Commission, New Brunswick
506-643-7045
David Harrison
Nova Scotia Securities Commission
902-424-8586
Renée Dyer
Office of the Superintendent of Securities
Newfoundland and Labrador
709-729-4909
Rhonda Horte
Office of the Yukon Superintendent
of Securities
867-667-5466
Jeff Mason
Nunavut Securities Office
867-975-6591
Tom Hall
Northwest Territories Securities Office
867-767-9305
Shannon McMillan
Financial and Consumer Affairs
Authority of Saskatchewan
306-798-4160

Source: Ontario Securities Commission

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