Canadian securities administrators provide update on syndicated mortgage regime

CSA COVID-19

Toronto – In light of COVID-19, the Canadian Securities Administrators (CSA) is adjusting the timeline to implement changes that will harmonize the regulation of syndicated mortgages across Canada.

In December 2019, the CSA published an update This link will open in a new window on its next steps related to syndicated mortgages, including an anticipated timeline and effective date. The CSA now anticipate the amendments will take effect January 1, 2021, subject to requisite approvals.

Additional details will be communicated later this year.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

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For Investor inquiries, please refer to your respective securities regulator. You can contact them here.This link will open in a new window

For media inquiries, please refer to the list of provincial and territorial representatives below or contact us at [email protected].

For more information:

CSA member name

Point of contact

Phone number

Autorité des marchés financiers

Sylvain Théberge

514-940-2176

Alberta Securities Commission

Hilary McMeekin

403-592-8186

British Columbia Securities Commission

Brian Kladko

604-899-6713

Financial and Consumer Affairs, Authority of Saskatchewan

Shannon McMillan

306-798-4160

Financial and Consumer Services Commission, New Brunswick

Sara Wilson

506-643-7045

Manitoba Securities Commission

Jason (Jay) Booth

204-945-1660

Nova Scotia Securities Commission

David Harrison

902-424-8586

Nunavut Securities Office

Jeff Mason

867-975-6591

Office of the Superintendent of Securities, Newfoundland and Labrador

Renée Dyer

709-729-4909

Office of the Superintendent of Securities, Northwest Territories

Tom Hall

867-767-9260, ext. 82180

Office of the Superintendent of Securities, Prince Edward Island

Steve Dowling

902-368-4550

Office of the Yukon, Superintendent of Securities

Rhonda Horte

867-667-5466

Ontario Securities Commission

Kristen Rose

416-593-2336