Canada: Commodities/Derivatives/Stock Exchanges

The Canadian Securities Administrators and CIRO have issued guidance clarifying their regulatory stance on event contracts and prediction markets. While declining jurisdiction over sports and entertainment-based contracts, regulators maintain oversight of event contracts tied to economic and financial indicators, creating a nuanced framework that requires careful analysis of each product's structure and underlying event.

Canadian securities regulators have established a limited framework for prediction markets, restricting which event contracts can be offered to investors and under what conditions. While certain economic and financial forecasts may be traded through authorized dealers, contracts based on political events, sports, or entertainment remain prohibited, and compliance with securities law does not resolve potential exposure under criminal gambling provisions.

The Canadian Securities Administrators have proposed sweeping amendments to Canada's take-over bid, issuer bid and beneficial ownership reporting regimes that would fundamentally reshape how Canadian issuers repurchase their own securities and how market participants disclose their economic positions during contested transactions.

In a broad set of proposals announced last week, the Canadian Securities Administrators (CSA) is considering wide-ranging amendments to Canadian securities law.

The Canadian Securities Administrators have proposed sweeping amendments to take-over bid, issuer bid and early warning reporting regimes that could fundamentally reshape how activist campaigns...

On April 30, 2026, Lumina Metals Corp. (TSX: LMCU) ("Lumina Metals" or the "Company") completed its upsized initial public offering and secondary offering of common shares ("Common Shares")...

This guide provides a high-level overview of private investments in Canadian public equities (PIPE), including common areas of negotiation, strategic...

On June 26, 2025, the Autorité des marchés financiers (AMF) published a notice of consultation regarding changes to certain fees and penalties prescribed by the Securities Act (Québec) and the Derivatives Act (Québec).

Le 26 juin 2025, l'Autorité des marchés financiers (AMF) a publié un avis de consultation concernant des modifications à certains droits et sanctions pécuniaires prescrits par la Loi sur les valeurs mobilières et la Loi sur les instruments dérivés du Québec.