PMAC Submission – Permit Semi-Annual Reporting for Certain Venture Issuers
PMAC acknowledges the work the CSA is doing to reduce regulatory burden and increase competition in Canada’s capital markets, especially given the current economic uncertainty. Providing blanket exemptions from certain continuous disclosure requirements and establishing the voluntary semi-annual reporting framework may contribute to reducing regulatory burden for the relevant issuers. There may also be a […]
PMAC Submission on the Draft Legislative Amendments to the Qualified Investments Regime
PMAC supports the proposed modernization of the qualified investments regime announced in Budget 2025. In our submission to the Department of Finance, we identified three areas where targeted refinements would improve clarity, reduce uncertainty, and maintain investor confidence: The proposed reliance on the existing statutory definition of “investment fund,” which was designed for a different […]