OUR OPINION

Of Throne Speeches and Pizzas

Of Throne Speeches and Pizzas

A Throne Speech kicks off a Parliamentary session. A Throne Speech that follows an election is usually a rehash of the victor’s campaign promises. In that respect, this week’s Throne Speech did not disappoint. The Government (through the Governor General) can huff and puff in every official language and talk about “mandate” and how “the […]

The (Crypto) Genie Can’t Be Put Back in The Bottle: What Do Regulators Wish For?

The (Crypto) Genie Can’t Be Put Back in The Bottle: What Do Regulators Wish For?

The Genie grants three wishes and warns: “Be careful what you wish for”. Waiting around while central bankers and securities regulators ponder what to do about cryptocurrency and crypto assets, a frustrated Genie finally says: “Let me help out here. I can grant three wishes. Here are your choices: make it all go away (too […]

Analysis: Ontario Fall Economic Statement Offers Preview of June Election Themes

Analysis: Ontario Fall Economic Statement Offers Preview of June Election Themes

Ontario’s Finance Minister has released the Province’s Fall Economic Statement (“FES”), which provides an update on the Province’s program spending, as well as Ontario’s economic and fiscal projections for the near term. With less than eight months until the next provincial election (which is on June 2022), Finance Minister Bethlenfalvy’s mini-budget ultimately lays the foundation for […]

Cabinetry in Our Time: Everything and the Kitchen Sink

Cabinetry in Our Time: Everything and the Kitchen Sink

Choosing a cabinet is one of the hardest tasks that faces any Prime Minister. One early Canadian Prime Minister facing the inevitable second guessing about (his) choices lamented: “Give me better wood and I will make you a better cabinet.” (Source: parli.ca) The point in dredging up this old saw is not to criticize any particular […]

Cabinetry in Our Time: Everything and the Kitchen Sink

Cabinetry in Our Time: Everything and the Kitchen Sink

Choosing a cabinet is one of the hardest tasks that faces any Prime Minister. One early Canadian Prime Minister facing the inevitable second guessing about (his) choices lamented: “Give me better wood and I will make you a better cabinet.” (Source: parli.ca) The point in dredging up this old saw is not to criticize any particular […]

Capital Markets Modernization in Ontario – Are We There Yet?

Capital Markets Modernization in Ontario – Are We There Yet?

As part of its Capital Markets Modernization Review, and as promised in its 2021 Budget, the Government of Ontario has released a consultation draft of the Capital Markets Act (CMA).    The introduction of the CMA was the first recommendation of the Capital Markets Modernization Taskforce, whose final Report was released in January 2021. The Report contained […]

“An election takes the country’s temperature”: in Election 2021, Canada remains “a hotbed of cold feet”

“An election takes the country’s temperature”: in Election 2021, Canada remains “a hotbed of cold feet”

At Campbell Strategies we don’t compete with the newspapers to provide you with statistics . We strive to provide perspective and broad context for outcomes you can read about in the media. As we’ve thought about how to characterize Election 2021, we think no one can say it better than journalist Andrew Cohen in the Ottawa […]

Final Open Banking Report Released – Will the Right Balance be Struck?

Final Open Banking Report Released – Will the Right Balance be Struck?

In 2018, the Federal Government launched an Advisory Committee on Open Banking. The Committee’s Final Report has been released, recommending that the government move quickly to create a regime for “open banking” in Canada. Open banking allows consumers to securely share their financial data among financial institutions and accredited third-party service providers. This gives consumers more choice and […]

Regulatory Streamlining Announced for Investment Fund Dealers and Mutual Fund Dealers

Regulatory Streamlining Announced for Investment Fund Dealers and Mutual Fund Dealers

The Canadian Securities Administrators (CSA) has announced plans to merge the existing two parallel (and somewhat duplicative) regulatory frameworks of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA) into one new “enhanced” and yet-to-be-named self-regulatory organization (SRO). This rehaul, set out in detail in the CSA’s Position Paper on […]