Submissions to government

September 27th, 2016

Canadian Securities Administrators Consultation Paper 33-404 – Proposals To Enhance the Obligations of Advisers, Dealers, and Representatives Toward Their Clients

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to provide comments on the Canadian Securities Administrators’ (“CSA”) Consultation Paper 33-404 – Proposals To Enhance the Obligations of Advisers, Dealers, and Representatives … Continue reading →

September 16th, 2016

Pension Plan Investment in Canada: The 30 Per Cent Rule

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is writing to express our views on the ongoing usefulness of the 30 per cent rule and considerations relating to its elimination pursuant to the Federal government’s consultation on … Continue reading →

August 18th, 2016

Draft Regulations under the Pooled Registered Pensions Plans Act 2015

The Portfolio Management Association of Canada (“PMAC“), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to participate in the consultation process regarding the draft regulations (the “Regulations”) under the Ontario Pooled Registered Pension Plans Act, 2015 (the … Continue reading →

July 15th, 2016

Legislative Proposals Relating to the Implementation of the Organization for Economic Co-Operation and Development (“OECD”) Common Reporting Standard (“CRS”)

The Portfolio Management Association of Canada (“PMAC“), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to participate in the Department of Finance (Canada) consultation on legislative proposals relating to the implementation of the OECD CRS (the “Proposed Legislation”). … Continue reading →

July 6th, 2016

Comments on the Revised Consultation Draft of the Capital Markets Stability Act

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to provide comments on the revised consultation draft of the Capital Markets Stability Act (the “CMSA”). As background, PMAC represents investment management … Continue reading →

June 21st, 2016

PMAC Welcomes Finance Ministers’ Canada Pension Plan (CPP) Agreement

TORONTO, ON, June 21, 2016 – PMAC applauds the agreement in principle on CPP reached by Canada’s Finance Ministers. “We are pleased that the agreement calls for modest increases to CPP with a long and gradual phase-in period which recognizes the economic … Continue reading →

June 17th, 2016

Ontario Consultation on Financial Advisory and Financial Planning Policy Alternatives

The Portfolio Management Association of Canada (“PMAC“), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to once again participate in the Ontario government consultation process regarding Financial Advisory and Financial Planning Policy Alternatives (the “Consultation”). We applaud the Ontario … Continue reading →

April 29th, 2016

Proposed Amendment to Regulation 909 under Pension Benefits Act – Eliminating the 30% Rule for Pension Investment

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is writing to express our support for the Ontario government’s proposed regulatory reforms (the “Proposal”) that would eliminate the current investment rule2 that prohibits plan administrators … Continue reading →

April 13th, 2016

2016 Federal Budget

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is writing to express our thoughts on certain taxation and pension changes announced in the 2016 Federal Budget (the “Budget”). We are pleased that the government … Continue reading →

March 9th, 2016

CSA Mutual Fund Risk Classification Methodology for Use in Fund Facts and ETF Facts – Proposed Amendments to NI 81-102 Investment Funds and Related Consequential Amendments

The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to respond to the proposed amendments for Mutual Fund Risk Classification Methodology for Use in Fund Facts and ETF Facts … Continue reading →

February 19th, 2016

Independent Evaluation of the Ombudsman for Banking Services and Investments (OBSI) with respect to Investment-Related Complaints

The Portfolio Management Association of Canada (“PMAC”) welcomes the opportunity to participate in the 2016 independent evaluation of the Ombudsman for Banking Services and Investments (OBSI). The purpose of the evaluation is to determine whether OBSI is fulfilling its obligations … Continue reading →

February 16th, 2016

Proposed Amendments to the Trust Loss Restriction Event Rules in Bill C-43

The Portfolio Management Association of Canada (“PMAC”) is writing to acknowledge the proposed amendments to the trust loss restriction event rules in the Income Tax Act (Canada) (the “ITA”) which were released on January 15, 2016. We thank you and … Continue reading →