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In our September 27, 2024 response to the public consultation on the Competition Act greenwashing provisions, we indicated our support for the Bureau’s goals of reducing greenwashing in the commercial sphere but noted the significant challenges the Competition Act greenwashing provisions represent for the investment...
PMAC responded to the OSC’s consultation into a framework to make long-term assets available to retail investors through investment fund structures. PMAC is supportive of efforts to increase diversification opportunities for retail investors but encouraged the OSC to appropriately balance these opportunities with the significant...
KEY RECOMMENDATIONS: 1. Introduce the Fund Report changes to come into effect concurrently with or subsequent to the TCR Amendments coming into force, with initial reports being provided in 2027 at the earliest Many IFMs will rely on third party service providers to create the...
PMAC wrote to the Canada Revenue Agency regarding the proposed changes to the capital gains inclusion rate. In light of the prorogation of Parliament and the upcoming federal election, there is significant uncertainty regarding the likelihood that the tax bill will be introduced or passed....
PMAC is supportive of the Ontario Securities Commission’s (OSC) key priorities set out in the SoP, as well as the work plans supporting those goals. Any changes made by the OSC – be they regulatory or technical in nature – should be evidence-based and tested...
