How Ottawa’s Renewed Drive for National Securities Regulator Could Play Out

A passport system - which would harmonize and allow for mutual recognition of regulatory requirements - could be implemented between the national regulator and Quebec.


In the wake of a setback from the Supreme Court of Canada, Ottawa is forging ahead with the idea of creating a national securities regulator using a cooperative approach that could pay off, according to a new report from the C.D. Howe Institute. In "Finding Common Cause: The Renewed Quest for a National Securities Regulator," author Jeremy Fraiberg assesses the chances of reaching federal-provincial agreement on creating a common regulator.
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