Site Search
Use small fonts Use medium fonts Use large fonts Email link to page PDF this page

News and Events

Heather Zordel Comments on National Regulator Setback for CBC News

Publish: 12/22/2011

In an unanimous decision, the Supreme Court of Canada had declared that the proposed Canadian Securities Act overreaches the federal government's jurisdiction, a decision that supports previous lower court rulings in Alberta and Québec.

The decision does not necessarily end Ottawa's push to become more directly involved in securities regulation. Heather Zordel commented on this story to CBC News on December 22, indicating that the court's statement could be a pathway to a single regulator.