The Report on the application of the Securities Act was tabled in the National Assembly on May 29th, 2014.
The report concludes that, thanks to frequent updates in recent years, the Securities Act is doing a good job of meeting the needs of the financial sector. It proposes continuing to work at harmonizing securities regulation with the other provinces, while stressing the importance of always considering the needs of local participants. It also mentions Québec's jurisdiction over securities and recommends that the Court of Appeal of Québec be seized with a reference to rule on the validity of a federal bill to establish a national securities regulator.
Report on the application of the Securities Act (PDF, 635 Kb)