Regulatory Links

Canadian corporate secretaries and their counterparts have to be familiar with various provincial securities legislation as well as foreign rules if they are inter-listed.  In this complex regulatory environment, corporate secretaries really must remain abreast of legislative changes and implementations. 

REGULATORY

  • Alberta Securities Commission 
    The Alberta Securities Commission (ASC) is the regulatory agency responsible for overseeing the capital market in Alberta. The ASC is an industry-funded provincial corporation that administers the Securities Act, the Securities Regulation and Alberta Securities Commission Rules. The purpose of this legislation is to ensure that the capital market operates fairly, that investors have timely, accurate information on which to base their investment decisions and that people who sell securities be registered.

  • British Columbia Securities Commission 
    The British Columbia Securities Commission is the independent provincial government agency responsible for regulating trading in securities in British Columbia. Its mission is to protect and promote the public interest by regulating trading in securities.

  • Ontario Securities Commission
    The Ontario Securities Commission administers and enforces securities legislation in the Province of Ontario.  Their mandate is to:  Protect investors from unfair, improper and fraudulent practices, foster fair and efficient capital markets and maintain public and investor confidence in the integrity of those markets.

  • Investment Industry Regulatory Organization of Canada (IIROC)
    IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.  Created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc.  IIROC sets high quality regulatory and investment industry standards, protects investors, and strengthens market integrity while maintaining efficient and competitive capital markets.  IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.

  • Canadian Securities Administrators (CSA)
    The Canadian Securities Administrators (CSA) is a forum for the 13 securities regulators of Canada's provinces and territories to coordinate and harmonize regulation of the Canadian capital markets.

  • Manitoba Securities Commission
    The Manitoba Securities Commission is an independent agency of the Government of Manitoba which operates to protect investors and promote fair and efficient business practices throughout the province.
     
  • New Brunswick Securities Commission
    The New Brunswick Securities Commission is responsible for the administration of New Brunswick’s securities laws and has authority to make rules for the purposes of carrying out the Securities Act, Securities Act Amendments 2007 (Bill 62), Securities Act Amendments 2008 (Bill 52), Securities Act (consolidated).
     
  • Northwest Territories Securities Commission
    The Securities Act governs the sale and trading of securities in this jurisdiction. It sets out the requirements for individuals and companies to register as dealers or advisers selling securities to residents of the Northwest Territories. The Act also requires the filing of a prospectus prior to trading in any security unless the Superintendent grants an exemption from this requirement. 

  • Nova Scotia Securities Commission
    The Nova Scotia Securities Commission was established to provide investors with protection in accordance with Nova Scotia's securities laws from practices and activities that tend to undermine investor confidence in the fairness and efficiency of capital markets. We also have a mandate to foster the process of capital formation where it would not be inconsistent with an adequate level of investor protection.
     
  • Prince Edward Island, Department of Community Affairs, and Attorney General
    The day-to-day administration of the Province is carried out by twelve departments and a number of boards, commissions and agencies. Each department is overseen by a member of Executive Council, which is led by the Premier and supported by Executive Council Office.
     
  • Quebec Securities Commission

Stock exchange

  • Toronto Stock Exchange
    TSX Group is a cornerstone of the Canadian financial system and is at the centre of Canada's equity capital market. TSX Group of companies collectively manages all aspects of Canada's senior and junior capital markets, and provides Canadian trading and data to the global financial community.

  • The Canadian Venture Exchange
    A result of the merger of the Vancouver and Alberta stock exchanges. The goal of CDNX is to provide venture companies with effective access to capital while protecting investors.

  • The New York Stock Exchange
    NYSE Euronext, the holding company created by the combination of NYSE Group, Inc. and Euronext N.V., was launched on April 4, 2007. NYSE Euronext (NYSE/New York and Euronext/Paris: NYX) operates the world ' s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in seven countries and eight derivatives exchanges, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data.

  • The American Stock Exchange 
    a comprehensive resource for investors and issuers seeking the unique market environment offered at the American Stock Exchange

  • NASDAQ 

  • Securities Industry
    The Securities Industry Association (SIA) was established in 1972 through the merger of the Association of Stock Exchange Firms (1913) and the Investment Banker's Association (1912). It brings together the shared interests of more than 600 securities firms to accomplish common goals.

Federal Government

  • Industry Canada
    The Department's mission is to foster a growing, competitive, knowledge-based Canadian economy. The Department works with Canadians throughout the economy and in all parts of the country to improve conditions for investment, improve Canada's innovation performance, increase Canada's share of global trade and build a fair, efficient and competitive marketplace.  Program areas include developing industry and technology capability, fostering scientific research, setting telecommunications policy, promoting investment and trade, promoting tourism and small business development, and setting rules and services that support the effective operation of the marketplace.

  • Canada's Business and Consumer Site
    An information-packed site with all you'll need to know about markets, trade and investment, industrial perspectives, micro-economic research and analysis, managing your business, marketplace services. A must visit for entrepreneurs.

  • Federal Publications Inc
    Formed in 1985, Federal Publications Inc. quickly became the largest distributor for Canadian Government Publishing, and is the only specialist supplier of Canadian federal government publications, maps and charts.  Our focus is on Canada: Books about Canada and Maps and Charts of Canada

Corporate governance

  • Canadian Corporate Counsel Association (CCCA)
    The Canadian Corporate Counsel Association is the only member organization in Canada providing a dedicated national forum and voice for the in-house counsel profession.
     
  • Chartered Governance Institute of Canada
    We are the Canadian Division of a worldwide organization founded in Great Britain in 1891 for the purpose of providing a rigorous program of professional study in the field of executive-level management and administrative knowledge and expertise. Our Division was founded in 1920.The ICSA is unique in the global business environment - it is the only organization to provide a professional program and designations for chartered secretaries and administrators recognized worldwide. Individuals may join the Institute as students and, after completing a program of study and meeting other eligibility requirements, may become Associates of the Institute and receive the ACIS designation.

  • Computershare Governance Services
    Computershare Governance Services (CGS) is the leading global supplier of web based entity management, board portal and subsidiary governance solutions. Over 250,000 legal entities across more than 160 jurisdictions are administered, governed and kept compliant using our software. Leading companies from all market segments look to our team of governance specialists for proactive ways to stay compliant and minimize risk in an ever increasing regulatory environment. Our headquarters in Monaghan, Ireland are supported by 11 offices across the globe.  For more information please contact: 

    Email: [email protected]
    Telephone: 1-866-443-8426
    Web: www.cgs.computershare.com 
     
  • The Canadian Coalition for Good Governance
    The Canadian Coalition for Good Governance was formed to promote good governance practices in the companies owned by our members. Generally, these companies are members of the S&P/TSX Composite Index. Coalition members believe that good governance practices contribute to a company's ability to create value for its shareholders.

  • Corporate Governance
    Since 1995 the Corporate Governance site at CorpGov.net has facilitated the ability of institutional and individual shareowners to better govern corporations, enhancing both corporate accountability and the creation of wealth. News, links, commentary, corporate governance definiitons and advocacy geared to the active investor. Browse our small reference library, join our NETwork, subscribe to the publications of our stakeholders. CorpGov.net is supported by ad revenue, as well as the publisher's speaking engagements, and consulting contracts on corporate governance.

  • Institute of Corporate Directors
    The Institute of Corporate Directors (ICD) is a member-based organization that represents the Director community in Canada. As a member institute of the Global Director Development Circle the ICD sets the standards for Canadian Directors that are recognized both nationally and internationally. The ICD certifies directors to the community standard with the ICD.D, and educates directors through events, continuing education and formal education through its Director Education Program. The ICD also grants peerages as Fellows in the Institute.

  • The Corporate Library 
    Independent Corporate Governance Research and Analysis. The Corporate Library’s mission is to provide independent corporate governance research and analysis to enable our clients to enhance value.

  • International Corporate Governance
    The International Corporate Governance Network (ICGN) is a not for profit body founded in 1995 which has evolved into a global membership organisation of 450 leaders in corporate governance in 45 countries, with institutional investors representing assets under management of around US$9.5 trillion. The ICGN’s mission is to raise standards of corporate governance worldwide. In doing so, the ICGN encourages cross-border dialogue at conferences and influences corporate governance public policy through ICGN Committees. We promote best practice guidance, encourage leadership development and keep our members informed on emerging issues in corporate governance through publications and the ICGN website.

  • Canadian Investor Relations Institute
    The Canadian Investor Relations Institute is a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community. CIRI is dedicated to advancing the stature and credibility of the investor relations profession and the competency of its members.

  • European Corporate Governance Institute
    The ECGI is an international scientific non-profit association. We provide a forum for debate and dialogue between academics, legislators and practitioners, focusing on major corporate governance issues and thereby promoting best practice.
    Our primary role is to undertake, commission and disseminate research on corporate governance. Based upon impartial and objective research and the collective knowledge and wisdom of our members, we can advise on the formulation of corporate governance policy and development of best practice and undertake any other activity that will improve understanding and exercise of corporate governance.
     
  • Deloitte Centre for Corporate Governance
    Audit committees are facing unprecedented demands and responsibilities. Audit committee members need objective, easy-to-use, and comprehensive resources for identifying, understanding and addressing key issues. The Centre for Corporate Governance is targeted to members of audit committees and boards of directors, and provides a single point of access to current developments, Deloitte perspectives, DeloitteLearning courses, best practices, technical resources, reference materials and other useful information related to corporate governance. Our goal is to provide our clients' audit committees with high-level, quality resources that may be used to create a more effective oversight process.

Shareholders services

  • Broadridge
    Broadridge is the trusted leader in financial market solutions. Leveraging our first-to-market information technology solutions to support the proxy process, we bring issuers, banks, brokerage firms, institutional and retail investors together–interactively and cost effectively.

  • Canadian Stock Transfer Company
    CST is part of the Link Group, an international network of providers of transfer agent and employee plan services. Headquartered in Canada, with offices in Toronto, Montreal, Calgary, Halifax and Vancouver, CST provides issuers global solutions through local access points. Formerly the Issuer Services business of CIBC Mellon, CST joined American Stock Transfer & Trust Company, LLC (“AST”) to form the North American division of the Link Group. Together this division provides service to over 8,000 issues and more than 5.5 million shareholders in over 22 foreign countries, ranging in size from initial public offerings to Fortune 100 companies. CST received the top overall ranking in the 2010 Group Five Shareholder Services Study. www.canstockt.ca

  • Computershare
    Computershare (ASX:CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialize in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.

    Founded in 1978, Computershare is renowned for its expertise in data management, high volume transaction processing, payments and stakeholder engagement. Many of the world’s leading organizations use these core competencies to help maximize the value of relationships with their investors, employees, creditors, members and customers.

    Computershare is represented in all major financial markets and has over 10,000 employees worldwide.

    For more information, visit www.computershare.com

  • EthicsPoint
    EthicsPoint enables organizations to foster a business culture of integrity and compliance. We help our clients protect their culture and reputation by automating business processes, from the reporting and identification of issues and events of behavior that may be inconsistent with their code of conduct, to the subsequent investigation and resolution of these cases. Over 2000 organizations use our telephone hotline, web-based reporting and case management services as a critical component of their overall governance, risk and compliance efforts.
     
  • Georgeson
    Georgeson Inc. is the world’s leading provider of strategic proxy and corporate governance advisory services to corporations and shareholder groups working to influence corporate strategy. For over half a century, Georgeson has specialized in complex solicitations such as hostile and friendly acquisitions, proxy contests and takeover defenses.   In 2007, Georgeson was ranked the No. 1 proxy solicitor for M&A transactions in the US. The firm also provides issuers with expertise in corporate events solutions such as post-merger unexchanged holder programs and information agent services. Georgeson is a Computershare company.  For more information, visit www.georgeson.com

  • The Canadian Depository for Securities Limited
    As Canada's national securities depository, clearing and settlement hub, CDS Clearing and Depository Services Inc. supports Canada's equity, fixed income and money markets, holding almost $3 trillion on deposit and handling over 190 million domestic securities trades annually.  CDS is accountable for the safe custody and movement of securities, accurate record keeping, the processing of post-trade transactions, and the collection and distribution of entitlements relating to the securities that have been deposited by participants.

  • Kingsdale Shareholder Services Inc.
    Kingsdale Shareholder Services Inc. is a leading firm in the growing area of outsources strategic shareholder communications.  We offer a wide range of shareholder communication services including proxy solicitation, information agent services, odd-lot programs, shareholder identification programs, asset reclamation services and debt restructuring services.  Kingsdale assists clients manage the identification, communication and collaboration of shareholders to maximize corporate opportunities and executve on strategic decisions.

  • Laurel Hill Advisory Group
    The Laurel Hill Advisory Group offers client focused strategic shareholder communications and corporate governance consulting services. An independent, cross-border firm, we specialize in complex shareholder communication issues and provide a range of tailored services including Proxy Solicitation, Information Agent, Shareholder Identification, and Shareholder Asset Recovery.

The Governance Professionals of Canada (GPC) was created in 1994, shortly after the Dey Report was published by the TSX on ‘Where Are the Directors’. GPC‘s mandate is to be the voice of governance professionals in Canada. Its members deal with all matters affecting corporate governance, from board and committee processes, management and structure, disclosure, stakeholder engagement, legal and corporate compliance, as well as issues crucial to boards, their accountability and oversight.