Cross-Border & Canadian Business Blog
Exploring cross-border business opportunities and trends.
In Lundin Mining Corp. v. Markowich, 2025 SCC 39, the Supreme Court of Canada clarified how issuers must identify and meet their disclosure obligations regarding “material changes” under Canadian securities laws. The Court emphasized that issuers must follow a disciplined two-step analysis in which the steps remain analytically distinct. First, an issuer must determine whether …
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Introduction On October 23, 2025, the Canadian Securities Administrators (“CSA”) released a Notice of Publication and Request for Comment regarding proposed Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the “Blanket Order”). A coordinated blanket order consists of harmonized local exemption orders issued by each CSA jurisdiction. Accordingly, the Blanket Order is intended to …
Continue reading “CSA Proposes Semi-Annual Financial Reporting Pilot for Eligible Venture Issuers”