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 firstname.lastname@example.org.For more information:
Ontario Securities Commission
Alberta Securities Commission
Autorité des marchés financiers
|Jason (Jay) Booth|
Manitoba Securities Commission
British Columbia Securities Commission
Prince Edward Island,
Superintendent of Securities
Financial and Consumer Services Commission, New Brunswick
Nova Scotia Securities Commission
Office of the Superintendent of Securities
Newfoundland and Labrador
Office of the Yukon Superintendent
Nunavut Securities Office
Northwest Territories Securities Office
Financial and Consumer Affairs
Authority of Saskatchewan
Source: Ontario Securities Commission