LOOKING FOR CERTAINT
After years of discussion, Canadian provinces still want to go in different
directions when it comes to a national securities regulator.
By Helen Burnett-Nichols 18 • OCTOBER 2010 A INHOUSE
ny time Alberta and Quebec are on the same side of an argument against the rest of Canada's provinces, it tends to attract atten- tion. So when both provinces promised to make constitutional challenges following the delivery of a draſt national securities act in May, it added fuel to the discussion, which has been ongoing for decades, but is now ramping up to completion. In-house counsel at Canadian public companies are un- doubtedly keeping a close eye on these developments and the possible benefi ts or drawbacks for issuers in diff erent
ANTHONY TREMMAGLIA