OUR OPINION

Mary Simon is Canada’s First Indigenous Governor General

Mary Simon is Canada’s First Indigenous Governor General

Campbell Strategies extends our warmest congratulations to Mary Simon, Canada’s new Governor General. She is the first Indigenous person to serve in this position.  My colleagues and I at Campbell Strategies were honoured to work with Ms. Simon on our “Pivoting North” conference in February, where she spoke about the challenges and opportunities in Canada’s […]

Budget 2021 Billion or Billions: Go Big Or Go Home

Budget 2021 Billion or Billions: Go Big Or Go Home

If you are really lucky as a Finance Minister, you get three Budgets (during your government’s usual 4 year term). The first isn’t really yours, because it’s all about implementing promises from the Campaign. The last Budget isn’t yours either, because it’s the basis for the next election. It’s the middle Budget where you get […]

Crypto phishing-regulators launch catch & release framework

Crypto phishing-regulators launch catch & release framework

Increasing concern about unregulated trading in cryptocurrencies has led Canada’s security administrators (the “CSA”) to take steps to regulate the burgeoning crypto market. All platforms that facilitate trades in a wide range of crypto assets have now been determined by securities authorities to be “trading in securities” warranting oversight. This is good news adding a layer of […]

New National Security Guidelines Will Complicate Foreign Investments

New National Security Guidelines Will Complicate Foreign Investments

New guidelines under the Investment Canada Act (“ICA”) now mandate a national security review of a wider range of acquisitions by non Canadians in certain sectors, or by state owned or state influenced enterprises. The new guidelines signal that Canada is NOT “open for business” as governments have preferred to boast. Canada is acting in […]

Ontario Budget 2021: A Closer Look, Commentary and Analysis

Ontario Budget 2021: A Closer Look, Commentary and Analysis

Ontario’s 2021 Budget focuses on the two big issues: protecting people’s health, and, getting the economy back on track.  The COVID-19 pandemic has shifted the priorities of every government world-wide, and Ontario is no different. Key conservative philosophies such as balancing the budget, or encouraging business investment through strategic tax cuts, have largely been abandoned in […]

Rogers and Shaw may wish they hadn’t proposed a merger at all

Rogers and Shaw may wish they hadn’t proposed a merger at all

When the proposed mergers of Royal Bank RY-T unchno changeand Bank of Montreal BMO-T +0.14% increase, and Canadian Imperial Bank of Commerce CM-T +0.34% increase and Toronto-Dominion Bank TD-T +0.64% increase, were finally turned down by the federal government in 1998, the merger proponents at Canada’s major banks were probably relieved. The cost, in corporate […]

Miners & Manufacturers Beware: Canada To Review Overseas Human Rights Abuses

Miners & Manufacturers Beware: Canada To Review Overseas Human Rights Abuses

The Office of the Canadian Ombudsperson For Responsible Enterprise (“CORE’) is open for business. Established by Order in Council and not legislation, CORE has no enforcement powers nor can it compel witnesses to appear or even cooperate. This has disappointed many advocates. CORE can conduct reviews “concerning an alleged human rights abuse” arising from a Canadian […]

Bank of Canada Accelerating Its Consideration Of A “Digital Loonie”

Bank of Canada Accelerating Its Consideration Of A “Digital Loonie”

We have previously flagged the growing threat of private digital currencies to official (paper) currency. In a recent speech the Deputy Governor of the Bank of Canada confirmed that the Bank is accelerating its consideration of the role and form of an official digital currency. This is the result of the declining use of cash during the […]

Ontario’s Capital Markets Modernization Taskforce Releases Final Report

Ontario’s Capital Markets Modernization Taskforce Releases Final Report

The Capital Markets Modernization Taskforce released its final report today . The report makes a number of recommendations designed to amplify growth and competitiveness in Ontario’s capital markets and to address the decline in new issuers and initial public offerings. The Taskforce aims to reverse this trend and encourage more head offices, more entrepreneurs and more growth investment opportunities in […]

OSFI Consultation on Climate-Related Risk Will Shape Regulation of Financial and Pension Sectors

OSFI Consultation on Climate-Related Risk Will Shape Regulation of Financial and Pension Sectors

The Office of The Supervisor Of Financial Institutions (“OSFI”), Canada’s regulator of financial institutions and federally regulated pension plans, has launched a consultation on climate related risks in the financial sector. OSFI identifies climate risk as potentially impacting the safety and soundness of federally regulated institutions and pensions. OSFI sees severe climate events increasingly driving […]