December 22, 2016

CSA Notice and Request for Comment – Modernization of Investment Fund Product Regulation – Alternative Funds

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to provide comments on the Canadian Securities Administrators’ (“CSA”) Notice and Request for Comment – Modernization of Investment Fund Product … Continue reading →

October 5, 2016

Proposed Amendments to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations, the Companion Policy to NI 31-103, National Instrument 33-109 – Registration Information and Related Forms

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to provide comments on the Canadian Securities Administrators’ (“CSA”) Proposed Amendments to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations, … Continue reading →

September 29, 2016

Review of Ontario’s Solvency Funding Framework for Defined Benefit Pension Plans

The Portfolio Management Association of Canada (“PMAC“), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to participate in the Ministry of Finance’s review of Ontario’s solvency funding framework for defined benefit pension plans (the “Consultation”). … Continue reading →

September 27, 2016

Canadian Securities Administrators Consultation Paper 33-404 – Proposals To Enhance the Obligations of Advisers, Dealers, and Representatives Toward Their Clients

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to provide comments on the Canadian Securities Administrators’ (“CSA”) Consultation Paper 33-404 – Proposals To Enhance the Obligations of Advisers, Dealers, and Representatives … Continue reading →

September 16, 2016

Pension Plan Investment in Canada: The 30 Per Cent Rule

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is writing to express our views on the ongoing usefulness of the 30 per cent rule and considerations relating to its elimination pursuant to the Federal government’s consultation on … Continue reading →

August 18, 2016

Draft Regulations under the Pooled Registered Pensions Plans Act 2015

The Portfolio Management Association of Canada (“PMAC“), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to participate in the consultation process regarding the draft regulations (the “Regulations”) under the Ontario Pooled Registered Pension Plans Act, 2015 (the … Continue reading →

July 15, 2016

Legislative Proposals Relating to the Implementation of the Organization for Economic Co-Operation and Development (“OECD”) Common Reporting Standard (“CRS”)

The Portfolio Management Association of Canada (“PMAC“), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to participate in the Department of Finance (Canada) consultation on legislative proposals relating to the implementation of the OECD CRS (the “Proposed Legislation”). … Continue reading →

July 6, 2016

Comments on the Revised Consultation Draft of the Capital Markets Stability Act

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to provide comments on the revised consultation draft of the Capital Markets Stability Act (the “CMSA”). As background, PMAC represents investment management … Continue reading →

June 21, 2016

PMAC Welcomes Finance Ministers’ Canada Pension Plan (CPP) Agreement

TORONTO, ON, June 21, 2016 – PMAC applauds the agreement in principle on CPP reached by Canada’s Finance Ministers. “We are pleased that the agreement calls for modest increases to CPP with a long and gradual phase-in period which recognizes the economic … Continue reading →

June 17, 2016

Ontario Consultation on Financial Advisory and Financial Planning Policy Alternatives

The Portfolio Management Association of Canada (“PMAC“), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to once again participate in the Ontario government consultation process regarding Financial Advisory and Financial Planning Policy Alternatives (the “Consultation”). We applaud the Ontario … Continue reading →

April 29, 2016

Proposed Amendment to Regulation 909 under Pension Benefits Act – Eliminating the 30% Rule for Pension Investment

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is writing to express our support for the Ontario government’s proposed regulatory reforms (the “Proposal”) that would eliminate the current investment rule2 that prohibits plan administrators … Continue reading →

April 13, 2016

2016 Federal Budget

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is writing to express our thoughts on certain taxation and pension changes announced in the 2016 Federal Budget (the “Budget”). We are pleased that the government … Continue reading →

March 9, 2016

CSA Mutual Fund Risk Classification Methodology for Use in Fund Facts and ETF Facts – Proposed Amendments to NI 81-102 Investment Funds and Related Consequential Amendments

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to respond to the proposed amendments for Mutual Fund Risk Classification Methodology for Use in Fund Facts and ETF Facts … Continue reading →

February 19, 2016

Independent Evaluation of the Ombudsman for Banking Services and Investments (OBSI) with respect to Investment-Related Complaints

The Portfolio Management Association of Canada (“PMAC”) welcomes the opportunity to participate in the 2016 independent evaluation of the Ombudsman for Banking Services and Investments (OBSI). The purpose of the evaluation is to determine whether OBSI is fulfilling its obligations … Continue reading →

February 16, 2016

Proposed Amendments to the Trust Loss Restriction Event Rules in Bill C-43

The Portfolio Management Association of Canada (“PMAC”) is writing to acknowledge the proposed amendments to the trust loss restriction event rules in the Income Tax Act (Canada) (the “ITA”) which were released on January 15, 2016. We thank you and … Continue reading →

February 11, 2016

Request to Delay Implementation of the Ontario Retirement Pension Plan

Letter to the The Honourable Kathleen Wynne, Premier of Ontario: The Portfolio Management Association of Canada is writing to reiterate our concerns with regard to the Ontario Retirement Pension Plan (“ORPP”) and to urge the Ontario government to postpone the implementation of the … Continue reading →

February 10, 2016

2016 Federal Pre-Budget Consultations

The Portfolio Management Association of Canada (“PMAC”) is pleased to submit comments on recommended priorities for the 2016 Federal Budget. PMAC’s Members invest the assets of individual Canadians who are saving for retirement and the assets of both traditional defined … Continue reading →